PROJECTS AND OPPORTUNITIES
That project will meld retail and
hospitality, with plans calling for a
five-story, 125-room hotel and
29,600 sq. ft. of commercial space
for retail and fast-casual restaurants,
says Trent Gustafson, president of
Gustafson Partners Commercial Real
Estate. The project achieved rezoning ap-
proval in November.

“We’ve been pursuing this tract of
land for a number of years,”
Gustafson says. “That intersection is
ground zero for the Northlake Mall
trade area.”
Frank L. Blum starts work
on Salemtowne retirement
community With $39 million in state-approved
revenue bonds, Frank L. Blum Con-
struction has started work on The
Woodlands, a new residential living
retirement community in Salem-
towne. There will be two four-floor build-
ings including 56 one- and two-bed-
room villas ranging from 1,215- to
1,875-sq. ft. Each building will have
seven residences per floor and an
underground parking deck, The Win-
ston-Salem Journal has reported.

The average cost for an apart-
ment is $325,000 and the project
should be completed by late 2019 or
early 2020.

EGGER breaks ground for
new manufacturing plant in
Linwood EGGER, one of the world’s lead-
ing wood-based materials suppliers
for the furniture, wood construction
and flooring industries, has started
construction on its first U.S. manu-
facturing plant at the I-85 Corporate
Center in Linwood.

Construction on the production
facility began after the North Car-
olina Department of Environmental
Quality issued an air quality permit,
The Dispatch says.

In July 2017, Austrian-based com-
pany, announced it was putting its
first North American facility in David-
son County, promising a $700 million
investment and 770 jobs.

16 — Winter 2018 — The North Carolina Construction News
the North Hills mixed-use develop-
ment. The building will have office ac-
commodations above an eight-story
as well as will feature 880-space
parking deck and around 8,200 sq.

ft. of ground-level retail space.

This ultramodern particleboard
manufacturing plant is estimated to
open in 2020 and will enable EGGER
to better serve its customers in
North America, improving access for
architects, designers, wholesalers
and furniture industry customers to
EGGER’s wide range of wood-based
products and designs.

ADW wins contract to
design new Aberdeen
police facility
The Town of Aberdeen has ap-
proved a $368,000 contract with
Charlotte-based architectural firm
ADW to provide design services,
prepare the bid documents and over-
see construction administration for
the new police facility.

The new facility is expected to
cost $4.2 million, while the construc-
tion of the building would take up to
12 months, The Pilot reports.

The new almost 13,000-sq. ft.

building would house all the conven-
tional police operations, including a
detention area, evidence room, inter-
view rooms and holding cells, a con-
ference room, and offices.

Plans call for the existing 5,230-
sq. ft. building to be used for things
such as locker and shower rooms, a
fitness room, a training room that
could be available to outside groups
and general storage.

Kane Realty to build
20-story office building in
Raleigh Kane Realty Corp. is preparing to
begin construction of a 20-story of-
fice building in Raleigh’s Midtown
district. The company has secured about
an $84.7 million construction loan to
build the building, Tower IV. The
326,600-sq. ft. office project will rise
18 stories at 4000 Front St. within
Adjacent will be a 570,000-sq. ft.

residential tower rising 32 stories.

The building will have 10 levels of
boutique hotel rooms and 22 levels
of luxury apartments.

Construction is expected to be
completed in summer 2020.

Lane Construction wins
$346 million road
construction contract
Lane Construction Corp., a sub-
sidiary of Salini Impregilo Group, has
won a $346-million design-build con-
tract in Wake County to make im-
provements to I-440/US 1 from
south of Walnut St. to north of Wade
Ave. Improvements to the interstate,
referred to locally as the Raleigh
Beltline, will widen 6.5 miles of the
roadway from four lanes to six, en-
hancing traffic flow, access, and effi-
ciency to the widely traveled
roadway which is forecast to in-
crease in traffic volume in the future.

The work involves replacing pave-
ment and bridges and upgrading in-
terchanges and is expected to start
in early 2019 and be completed by
mid-2023.