Condo Development Planning for Park Avenue

15 Jan Condo Development Planning for Park Avenue

Upstate Business Journal‘s article on the upcoming Four Fifty Park

ParkAvenue1“A new four-story condo development is planned for the Park Avenue district near Stone and Park avenues in downtown Greenville. Called Four Fifty Park after its address, the 53-unit condo complex will feature two- to three-bedroom units ranging from 1,200 to 1,800 square feet.

Visitor parking will be available in the front and back of the building, but resident parking will be below the condos in a gated parking garage that will have electric charging stations and storage units for each condo.

Rick Thoennes, developer with RealtyLink Residential and Rembrey Construction and Development, said the community also will feature a resort-style swimming pool with waterfall, an exercise facility, pathways along the adjacent stream and green space areas for dogs and residents.

“It’s a downtown setting but more of a woodsy-rustic feel,” said Thoennes.

Some units will have fireplaces and all will have upscale finishes such as hardwood floors, granite countertops, stainless steel appliances and crown molding, as well as covered, “big, useable balconies,” he said.

The cave, a resident gathering area, will have sofas, a kitchen and fireplace along with moveable glass walls overlooking the pool. A small building on site will be demolished while a larger office building near the property will stay.

Prices will range from $325,000 to $500,000 with a majority in the $350,000 range, said Thoennes.

Pre-constructions sales will begin in February. Thoennes said he expects construction to begin “sometime in 2015” and take about 18 months to complete.”