Danville, Va. – The developers of
the Pemberton Lofts will begin phase two of construction this month and will
soon start on another residential River District project on Craghead Street.
The
Pemberton lofts, located at 541 and 549 Bridge Street, have revitalized the former
Pemberton & Penn Tobacco Co. prizery and offices. The project is managed by
a duo of developers from Richmond, Ross Fickenscher and Garrett Shifflett,
specializing in historic renovations and high-end residential design. Phase one
of the project began in October 2012 and finished last summer, and the
developers have seen great success and interest.
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| the Atrium at the Pemberton Lofts in Danville, VA |
“Leasing
of the first phase has gone well thus far. We continue to experience a
positive response from potential tenants and look forward to further meeting
the needs of those who wish to relocate to the River District,” said Fickenscher. “Pemberton Lofts provides an attractive living
arrangement and location within Danville's River District along the Dan River
and Riverwalk Trail, large common areas, attention to finish detail and design,
fitness-facility, ample parking, and accommodating apartment lay-outs.”
Completion of phase two will add 50 residential units to the 62 already
completed in phase one, and bring tenants
of Pemberton Lofts a large rear patio with seating and a fire-pit. The Pemberton Lofts
joins newly remodeled Smith Seeds Apartments on Lynn Street, Ferrell Historic Lofts,
Lynn Street Lofts, Lindsay Lofts, Burton Condominiums, Dan River Crossing
Apartments. These properties combine to provide over 300 downtown new residential
spaces downtown for all types of citizens.
“More and more citizens want to live downtown
as development progresses, and the historic buildings make for very attractive
spaces,” said Corrie Teague, project manager for the Office of Economic
Development. “The historic rehab process is exhaustive and we are grateful for
the investment of all of our developers.”
The Office of Economic Development along with Fickenscher and Shifflett
are excited to announce a new property at 610 Craghead Street which will be
called "The Continental." This development will feature much
the same fit and finish as Pemberton Lofts and will include a greater
percentage of large two-bedroom apartments with additional closet and storage
space. The project will include an easily accessed commercial space for a
potential small restaurant, market, or coffee shop. In addition, tenants
of The Continental will have covered and secured parking on the 1st floor of
the building. The development plan calls for this project to be available
in early 2015.
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| The Continental. 610 Craghead Street, Danville, VA |
“Danville and the surrounding region holds much promise for current and
future economic development and growth,” said Fickenscher. “The recent Economic Summit was a fitting
demonstration of the professional aptitude and approach maintained by those who
recognize the fate of the region's vibrancy is dependent upon future investment
in and assistance of businesses that choose to establish themselves in Danville.”
“Public improvements
are also vital to the rebirth of our downtown,” said Teague. “The Main
Streetscape project finished at the end of the last year and nDanville has
recently added free public Wi-Fi along Main Street. We expect the JTI Fountain,
Riverwalk trailhead, and Main Street Plaza to be completed this spring.”
The River
District will also be officially branded before summer with a new logo,
tag-line, and marketing efforts to attract citizens and visitors to the area. The
Danville Science Center Digital Dome, YMCA, additional public parking, and many
more will be added to the list of additions before the end of 2014.
“While
support for the Main Street and River District sections of Danville has been
overwhelming, and major investments continue to play a key role in
the revitalization efforts, it is the basic day-to-day
activities, expenditures, and reflections of the people of Danville
that will provide long-term sustainability,” said Fickenscher. “Whether it is
going to the local coffee shop rather than Starbucks, eating downtown rather
than at Outback, or choosing to tell someone from outside the region all the
good that is happening rather than speaking of isolated bad-news, each resident
and patron of Danville can help tremendously towards making Danville a source
of pride.”
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For interest on availability in the Pemberton Lofts,
contact Anne Pritchett of Wilkins and Co. at (434) 797-4007.
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