Third & Urban Secures Financing to Build Residences at The Pass
Mixed-use developer Third & Urban has secured $64.5 million to construct Residences at The Pass. The 335-unit multifamily project in Charlotte’s NoDa Arts District is being integrated into a multi-phased mixed-use development called The Pass.
The Pass, along with the upscale apartments, will encompass 260,000 square feet of office and retail space. The first phase is opening this fall. It features 80,000 square feet of retail, entertainment and offices. Third & Urban is preserving the character of the site’s existing warehouse buildings and supplementing with new construction to create a walkable retail district.
Blueprint Local is the primary capital partner, while CrossHarbor Capital Partners is the lender for the multifamily component. Niles Bolton is the architect, Thomas & Hutton is the civil engineer and NRP Group is the general contractor. Foundry Commercial handles office leasing within the commercial components and retail leasing is led by Thrift Commercial Real Estate.
Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.