Phillips Place

DESCRIPTION:

Phillips Place is a 35-acre mixed-use development, which includes 130,000 square feet of specialty retail, restaurants and a movie theater, along with a 124-room suite hotel and 402 multi-family housing units. It is an innovative mixed-use development incorporating residential over retail along a “main street”. The architecture of Phillips Place resembles an Old World Village with simplified classical architecture typical of Charleston or Savannah. The project required re-zoning and an integrated land use plan with three parking structures, two of which are shared between the retail and residential uses. Lincoln Harris, at the time operating as The Harris Group, partnered with Atlanta-based Post Properties to develop residential units above portions of the retail component of the project. The project team created an exceptional environment for the retail tenants while also making it attractive to its residents. Tremendous emphasis was placed on the streetscape and lighting to ensure that the pedestrian experience, whether during the day or evening, would be pleasant and safe. Continuity, from an architectural standpoint, between residential and non-residential uses, was paramount in presenting coordinated facades to the main street and incorporating balconies and patios into the residential.

Phillips Place meets an interesting niche in the Charlotte regions by providing retail, entertainment and residential all in one location. It demonstrates that integrated mixed-use, residential above retail, can work in a more suburban environment and be accepted by the well established residential neighborhoods adjacent to the site. The project’s unique appearance and affluent demographics helped attract a number of exclusive specialty retailers and restaurants that were not in the Charlotte market. Anchor tenants of the specialty center include: The Palm Steakhouse, Dean & Deluca, P.F. Chang’s China Bistro, Restoration Hardware and Smith & Hawken.

COMPLETION DATE:                                 March 1998

TOTAL COST:                                              $80,500,000

ARCHITECT:                                                LS3P Associates – Charlotte, North Carolina

CONTRACTOR:                                           Shelco, Inc.