Plans are in the works for a major redevelopment of Atherton Mill in South End that could add hundreds of apartments, office space and more retailers to the mill complex.
Early designs and marketing materials from Atherton Mill’s owner, Columbia-based Edens, show a site design that would add residential units atop retail space built along South Boulevard. Much of the existing mill complex along the light rail would be saved.
Atherton Mill, which opened in 1893, is on a 9.75-acre site at South Boulevard and Tremont Avenue, adjacent to the Blue Line.
“The plans for Atherton Mill are heading in a great direction, with the goal to make it the significant retail focal point of the South End once complete,” said Lyle Darnall, managing director of Edens, in an email. “While we have some basic plans in place to guide us, details are not finalized yet, so we can’t release them right now.”
The redevelopment would be the latest piece in South End’s boom, which has seen the addition of thousands of apartments, a half-dozen breweries and plans for hundreds of thousands of square feet of office space. Nearby, Lennar Multifamily is planning to build hundreds more apartments at the Pepsi Bottling site, Marsh Properties is tearing down and rebuilding the Sedgefield Shopping Center, and Publix recently opened a supermarket at the Camden Southline apartments.
Here are the basic numbers outlined in Edens’ marketing materials for the Atherton Mill site, obtained by the Observer. The plan is preliminary and could change:
▪ Up to 440 new residential units.
▪ 65,000 square feet of new retail space (bringing the total to 113,500 square feet).
▪ 150,000 square feet of new office space.
▪ Projected opening could happen by 2017.
▪ Total estimated investment of $100 million.
“The overriding goal is to create a great gathering place for the South End and larger Charlotte communities – one that reflects its history and its future,” said Darnall. “We are being deliberate and purposeful in meeting that goal.”
Staff writer Katherine Peralta contributed.