Thursday, January 9, 2014

Greensboro's Roy Carroll Falls In His Own... Well, You Know

If you ever wondered why Roy Carroll bought the Rhino Times you only need look at this week's Publisher's Column by none other than Roy Carroll himself:

"The bottom line is, if I were a betting man, I would bet that the city will have hundreds of millions of dollars of future downtown development directly fueled by the synergy created by the performing arts center.

Rightly or not, a city is judged by potential employers on its downtown. A city that appears to have a lot of new downtown development, occupied storefronts and a diverse group of people using the downtown and cultural outlets has a much higher level of success in attracting potential employers than a city that appears stagnant downtown."

Seriously? This is the same guy whose shills where saying all manner of great fortunes were about to come to Mr Carroll and downtown Greensboro back 5 years ago:

“Roy Carroll, developer of the Center Pointe condo tower, owns part of the former North State Chevrolet property which is bound by Edgeworth St, Battleground Ave, Eugene St and Smith Street. The site is adjacent to NewBridge Bank Park and in a meeting Roy Carroll said he has plans for 200 apartment units on the site. This project will include no commercial space but the other part of North Chevrolet property across Smith Street and directly next to the ballpark will likely have commerical and retail space. Roy doesnt own that tract of land. Roy Carroll also mention that he has plans for an office tower on a small piece of land next to Center Pointe facing Center-City Park. This is why Roy decided not to add balconies on the northside of Center Pointe because that side of the building faces the office tower site. There was no mention of start dates for either of those two projects.

Edited by cityboi, 16 August 2008 – 03:55 PM.”

Some of you might know citiboi as Ron, the Shill from Ed Cone's old blog. He continues shilling:

"The source is from 99 Blocks downtown magezine. I think it is new because of the fact that Roy Caroll has announced exactly what he has planned for the site near the new ballpark. Everyone knew it would be residential but they didnt know what kind of residential. This is the first time Roy has announced that he plans to have 200 apartments on the site. The news for the office tower next to Center Pointe is new as well. Well all knew that Roy planned to build a second tower next to Center Pointe but everyone assumed it would be another condo tower. This is the first time Roy has mentioned building an office tower next to Center Pointe.

I think the office tower has an excellent chance of happening, afterall Roy Carroll knows the downtown market pretty well now and he has a track record of building a high-rise project in downtown Greensboro unlike other developers who just have lofty visions and have never built a project downtown. Certainly downtown Greensboro is LONG overdue for another office tower. DGI (Downtown Greensboro, INC.) did say back in January through the Triad Business Journal that there would be some big announcements sometime this year and that most of the big projects planned are “office” in nature. Most of these announcements will probabally be put off til next year due to the slump in the economy.

As for Roy Caroll’s planned apartment project near the ballpark, hopefully it will be something like CityView Apartments at Southside. As DCB said, a suburban type project would not be good at all. But I think Roy Carroll understands what kind of complex this needs to be. But its great news. It means another 200 residents for downtown Greensboro and they will be located within walking distance to the ballpark. Roy also said he is looking to build a mid-rise to high-rise project on another piece of property that he owns downtown which is across the street from the ballpark on Eugene Street. My guess is that it may be a hotel. Roy Caroll said has a plan to build a hotel in the future but he did not say where. He stated sometime ago that he is very bullish on downtown development and that he always wants to have a project going on downtown. His main focus is on the north end of downtown (north of Market Street) Developement in that part of downtown will likely be more upscale and more contemporary in design unlike the projects in the south end of downtown which have alot of brick and look more historic. ALl of the downtown residential projects, with exception to Center Pointe, have traditional style architecture. Its time that we have alot more sleek looking projects with alot of steel and glass."

Royal Carroll never did build that second downtown tower, did he? As a matter of fact: Roy Carroll still has yet to fill over 50% of Center Pointe. Someone who calls himself  triadguy37 puts it all into perspective way back in 2008:

"It will be a long time before a new office tower is needed in downtown Greensboro. Trucking and shipping companies have no use for office towers."

Me, I've been sitting on that thread since 2008 waiting to use it. And I'm sitting on so much more like stacks of leaked documents no one wants you to see.

Never trust any newspaper that is promoting projects the newspaper's publisher has a financial interest in seeing made happen. When the GPAC fight first began, then News & Record publisher Robin Sauls was trying to sell his downtown property to the project and promoting GPAC with every article written. And now that Roy Carroll now owns the Rhino even John Hammer no longer rails against GPAC. After all, Roy signs John's paycheck.

Update: Fec sets the record straight on citiboi"

"I’ve met Ron Miller, who is a local marketing guy. I chased down cityboi back then and it turned out to be the son of a black banker. Search Ed’s comments and my name with cityboi."