Workers from JW Demolition were busy taking down sections of the Mullican Flooring building near ETSU. (Ron Campbell/Johnson City Press)
A former manufacturing site is coming down to make way for higher-education growth.
This week, contractor JW Demolition began tearing down the 180,000-square-foot Mullican Flooring building for Charlotte, N.C.-based Monarch Ventures, which intends to build Monarch 815, a 550-bed luxury apartment complex on the property for students at East Tennessee State University.
Monarch CEO Shannon King said workers are currently demolishing and removing debris, conducting pollutant abatement and prepping the site to build.
“We’ll be ready to start in full-scale build mode by mid-October, plus or minus a week,” King said Thursday. “And by next fall, we’re hoping to be ready to open up for students.”
Near the time construction starts next month, King said a leasing office will open in the shopping center on West State of Franklin Road where Earth Fare is housed.
When completed, the multimillion-dollar complex will offer two- and four-bedroom apartments, a resort pool, a volleyball court, a bistro coffee bar, outdoor terraces and other amenities.
Monarch owns and operates similar facilities in Conway, S.C., and Statesboro, Ga., and is in the process of developing others in Charlotte, Cullowhee, N.C., and Columbia, S.C.
City Plans Examiner David McClelland said the company’s contractor has secured a grading permit to level the site, and he expects a full site plan any day now.
Once they’re submitted, city codes inspectors will examine the plans for compliance and return any suggested revisions to Monarch.
McClelland said the city office usually aims for returning any revisions within 10 business days.
In preparation for the new residential use, the 11-acre heavy industrial property (I-2) and the surrounding medium density residential (R-3) was rezoned as high density residential-university (R-6), which allows for 25 living units per acre.Related stories: