Hill Partners, Inc. crafted the strategic plan for one of the most dynamic mixed-use developments in the last fifty years in the Historic Biltmore Village district of Asheville, North Carolina. The team went on to successfully implement the plan by handling the development, financing, leasing, grand opening, and on-going operations of the project until stabilization. Tenants recruited to the project by Hill Partners included the market’s first Williams-Sonoma, J Crew, Coldwater Creek, and Aveda, along with relocation of Talbots and Chico’s into flagship stores. Additionally, Hill Partners secured Oppenheimer & Co’s North Carolina Regional Office and a number of other Class A office tenants to lease up the office component of the development.
Type: Mixed-Use Center | Square Footage: 70,000 | Location: Asheville, NC
Crescent Cameron Village
Crescent Cameron Village is a 550,000 SF mixed-use ground up development adjacent to Raleigh’s Cameron Village in Raleigh, North Carolina. The project consists of luxury multi-family units and street level retail. Hill Partners, Inc. oversaw the crafting and implementation of the strategic plan, including the retail development, leasing, and tenant coordination of the project. The project was successfully sold at completion to Berkshire Communities for a record price for North Carolina at the time.
Type: Mixed-Use | Square Footage: 550,000 | Location: Raleigh, NC
Initially developed in 1891 as a brewery, Jackson Brewery became a Hill Partners, Inc. project in 1993. The enclosed festival retail center was converted to a street-oriented retail project with upper level residential living. Strategically, the plan called for eliminating the nonproductive common area space and converting it into leasable area, which would maximize income and reduce expenses. The 4th, 5th, and 6th floors were later renovated into luxury condos overlooking the Mississippi River.
Tenants recruited by Hill Partners, Inc. included Virgin Megastore, Planet Hollywood, and New Orleans School of Cooking, among others.