Quick Hits: Music Venue, Bullhouse Sale, and Self Storage

Quick hits are posts about development news as I hear about them! If you have feedback on the format, please share in the comments below!



This Quick Hits post features three tidbits:

Possible Outdoor Music Venue and Warehouse Space

Embedded in the linked article about Nana's closing is insight into chef Scott Howell's next project. The article states:

"He's working on building an outdoor music venue with plans to transform a warehouse he bought near Ponysaurus Brewing. There, he said, he will open a second Nanataco, one of his fast-casual concepts, and two other concepts."

The area around Ponysaurus could look quite a bit different in a few years.

Bullhouse Apartments Sale

Lantower Residential purchased Bullhouse Apartments at 504 East Pettigrew St for $76.25 million. This sale follows a similar trajectory to Liberty Warehouse apartments. However Lantower contacted the developer before the building went on the market and made the deal.

More Self Storage

My friend Dan Smith from 919 CRE wrote me a note:

"A self storage project is going up on the northeast corner of HWY 55 and Cornwallis."

I am not a huge fan of self storage facilities. Developers like them because they are cheap to develop and to run. They are a quick way to make a buck. I just wish there wasn't such a demand for them.

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