The Presley (formerly Lincoln Plaza)

[Pete]

Something I've been wondering for a while, what in the world is the giant, two story building in this complex? The holes in the middle, the way it appears to be open to the elements in there, I just can't figure it out.

It was offices when it was originally built, now will be apartments like the rest of the complex.

[David]

Ahh, makes sense.

[shawnw]

Did they connect them? I thought they weren't connected before...

[Snowman]

Did they connect them? I thought they weren't connected before...

The figure 8 building and the tower share a wall, so it seems likely there was a connection there. The building to the south that now an office building for OHCA use to have a skybridge to the tower, but it was demolished when it was being renovated a few years ago.

[rte66man]

It was offices when it was originally built, now will be apartments like the rest of the complex.

When I started working for the State back in 1994, OSF (now OMES) had quite a bit of space rented out in there. Some of the other smaller agencies also rented space there. Since the state wasn't legally allowed to pay more than $9/sq ft, there weren't a lot of options. Even then the building had roof and window problems.

[Pete]

[Pete]

[bucktalk]

Call me crazy but for the life of me I can't see how this location will be profitable. Someone(s) have greater vision than I do for this property.

[Pete]

Call me crazy but for the life of me I can't see how this location will be profitable. Someone(s) have greater vision than I do for this property.

The huge apartment complex just a few blocks north does very well.

A brand new Homeland is getting ready to start just a mile to the south.

The whole area has been cleaned up and improved dramatically.

[AP]

Call me crazy but for the life of me I can't see how this location will be profitable. Someone(s) have greater vision than I do for this property.

What issues do you see with the location?

[GoGators]

This is a better location than 99% of the current apartment complexes in the metro.

[kevin lee]

The area is fine, it could use a few closer dining options though. I'm sure those will come since they're one of the easiest startups.

[Pete]

[Pete]

[Pete]

They are moving very, very slow here:

[Plutonic Panda]

Update from KFOR:

https://kfor.com/news/great-state/th...as-apartments/

Here is the website: https://www.thepresleyapartments.com/

[Pete]

^

Website says they will open in October of this year.

That can't possibly include the low-slung building as they've barely done anything there.

[Plutonic Panda]

^^^ maybe that is phase two?

[mugofbeer]

Is the figure 8 building to be apartments, too? Seems it would make a great location for some labor-intensive business if the floors are tall enough for wiring.

[Pete]

Yes, it will all be apartments although they mentioned a Starbucks.

[mugofbeer]

Oh you know there will be a coffee shop! I love the project. Very happy to see it.

[Pete]

This property has been active only a couple of years in my entire life.

Will be nice to see it finely have activity.

[mugofbeer]

When l was a kid we went there a few times for Sunday brunch. I vaguely remember swimming at the pool.

[Anonymous.]

I am seeing ads on social media for this place. Calling it "The Presley Apartments".

Tours in August and move-ins in October.

[Pete]

^

I took a bunch of photos I will post later.

The move-in is for "The Tower", which is the taller, curved building. The low, long building which they are calling "The Block" won't be until next year I'm sure.