Run Riot LLC, recently purchased the former Standard Paper building on Banks Avenue in Asheville’s hot South Slope neighborhood. The massive, 24,000-square-foot building has been vacant for years, but sits in the heart of the South Slope, which will soon be home to several new bars and restaurants (Buxton Hill Barbecue, King Daddy’s Chicken and Waffles, Beer City Pretzels, Burial Beer Co., just to name a few.)
The building sold for $1.1 million.
I incorrectly reported earlier that blacksmith and artist Zack Noble had purchased the building. Noble says he’s done consulting work for Run Riot, but he didn’t purchase the building.
Background on South Slope development here.
Photo tour of Banks Street here.
[…] The new owners of 32 Banks have started exterior and interior renovations. The idea, as I understand it, is to break up the massive building into several suites for others to upfit. Here’s the last I reported about 32 Banks. […]
[…] several other new businesses are planning to open on Asheville’s South Slope. Some background here and here and […]
Unfortuneatly you have the wrong guy. I did some consulting for run riot ventures LLC who bought the building. But thanks any way
thanks zack. i’ve corrected.