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The Gleason
In summer 2010, Octagon Partners completed the Gleason, Charlottesville’s newest ground-up, high-end condominium project, the Gleason. The 167,000 sq ft, six-story mixed-use building located just off the Historic Downtown Mall features 36 high-end residences, 70,000 sq ft of office space and 7,000 sq ft of retail. A testament to the vibrancy of the local economy, the $30mm project is the largest non-UVA-affiliated building ever constructed in Charlottesville.
The residences of the Gleason combine a singular blend of classic design and modern luxury. Unique materials such as composite reclaimed hardwood floors and modern finishes such as stainless steel appliances and concrete countertops create the ultimate setting for upscale-living downtown. A variety of open floor plans ranging from SoHo-style lofts to three-bedroom units provide the perfect fit for any lifestyle. All units have terraces to capture the building’s exceptional mountain and cityscape views. Abundant light floods through the nearly nine-foot-tall glass windows into the elegant living spaces. Additional resident amenities include a central pedestrian plaza with boutique shops, onsite secure private parking and membership in the brand new ACAC health club complete with a roof top pool, squash, swimming, racquetball courts and state-of-the-art workout facilities with a tremendous range of exercise classes.
Some of Charlottesville’s most respected and successful employers call the Gleason home, as well, with Harren Equity Partners becoming the first Gleason resident in March 2010. TMO Global Logistics, Sam Hill Entertainment, CrossRoads Equity Partners, Court Square Ventures, and a host of start-up entrepreneurs have since joined Harren to create the most dynamic office environment in Charlottesville.
Project Timeline:
• Land (1.28 acres) acquisition part of the HM building parcel
• Planning and design underway summer 2006
• Pre-construction work and several redesigns through June 2008
• Construction begins August 2008 with substantial completion achieved on June 15, 2010
• Unit sales June 15, 2010 - Current: 25 of 36 residential units sold and 50,000 sq ft of commercial space sold or under contract; 6,000 sq ft of retail space still available
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