The RAD Lofts, a large mixed-use development first proposed more than three years ago for the Asheville River Arts District, is back up for review by a city advisory board.
Developer Harry Pilos proposed the development for a now-vacant lot at the corner of Clingman Avenue and Roberts Street on property that was once home to Dave Steel Company. It’s a prime piece of real estate in an area that’s about to see a dramatic transformation with a massive infrastructure project. That project, known as the RAD TIP, includes the construction of sidewalks, roundabouts and the straightening of a portion of Riverside Drive. It also includes new stormwater drainage, the replacement of utility lines and the demolition of several deteriorating warehouses in the area.
Pilos has struggled over the years to get his financing together for RAD Lofts. It’s a $60 million project that will include some more affordable apartment units, as well as parking and space for new retail businesses. It will require the construction of a couple of different six-story buildings. The property fronts both Clingman Avenue and Roberts Street.
The project met with approval from several city advisory boards a couple of years ago, but it’s been revised, so it must go back for another look. Plans call for 243 residential units, as well as retail and office space contained in multiple buildings. and having a gross floor area of 449,445 square feet. (See the RAD Loft plans here. The plans are by Sitework Studios in Asheville.)