![]() ![]() ![]() I know the city of Winston-Salem is going to like the enhancement to tax value–and I might point out–without asking the city for a single dime. "It's going to enhance their property value, especially the single-family homes that are closest to this property. "I think when we finish the redevelopment here, the neighborhood is going to like it," says Team. There may be assistance available for other residents who plan on relocating, as well. He says an example of a place of compromise would be to work out a way to help long-term residents maintain occupancy in a new unit with a similar price. Team adds that his company has committed to work with the city. Within walking distance of Baptist Hospital, Cloverdale Plaza and Thruway Shopping Center, our community features all the amenities of home in a charming landscaped setting of mature trees and large lawns. They're not the ones who will have to pay to put in new roofs and HVAC units and actually spend more in maintenance than the income that's coming in." Relax in the beautiful setting of Ardmore Terrace Apartment Homes in the Historic Ardmore District of Winston-Salem, NC. "The neighborhood folks that would like to see this apartment community stay the way it is don't have a financial stake in this apartment complex. On RentCafe, Winston - Salem, NC rents go as low as 400/mo. The average apartment rent in Winston - Salem is 1,213 per month so any rental south of 970 would be considered cheap here. 1 BED: 885: 2 BEDS: 985: View Details Contact Property. "We certainly want to listen to what the neighborhood has to say," says Team. 2325 Cloverdale Ave, Winston-Salem, NC 27103. Robin Team is the President of Carolina Investment Properties, who says the company plans to negotiate with the neighborhood. WFDD's Sean Bueter spoke to the developer of the plan to get some of his answers. Residents also have questions about what will happen to the property and the people living there. He goes on to say, “Although the name is changing, the foundation of Cloverdale apartments will forever leave an impact and legacy in the Ardmore Historic District.A proposed development that would demolish a historic Winston-Salem neighborhood has been met with resistance from residents, and they're pushing the city to fight for affordable housing. "Naming the new complex “The Legacy” reflects that wonderful heritage." “We wanted to celebrate the history and nostalgia that Cloverdale Apartments provided this area since its inception 75 years ago," Peatross said. The President of Ardmore Cloverdale Craig Peatross said in a statement: Lofton Montgomery said, "You're not going to have that same look and feel of that nostalgia." The 1, 2 and 3-bedrooms will have granite countertops and luxury, vinyl flooring.Ī former Cloverdale resident who had lived there for quite a while says, "I don't want them to look like every other apartment in the city", something she says that lacks heritage. "The Legacy" will include a clubhouse, resort-style pool and a fitness center. "I heard there is going to be some shops and stuff on the ground level of the apartments and that will bring in some business and stuff like that, perhaps it will have a little bit of local growth for the economy," Price said. If you head out to the site off Cloverdale Avenue, you can find bulldozers and construction crews preparing the former Cloverdale Apartment site for seven new, modern buildings and 220 apartment homes.ĭemolition began in February and the expected completion for the entire apartment project is spring of next year. Legacy at Ardmore is a brand-new luxury apartment community located in the historic Ardmore-Cloverdale neighborhood. "I wouldn't be too surprised if in a few years the same thing happens across the street." He also feels he wouldn't be shocked if even more apartments were built in the area. "Things change, new people come in, new things are built, that's just kind of the way things go," Price said. Price who has lived in the Ardmore community for eight years says he'll miss the Cloverdale apartments. "I kind of like the old apartments," said Ryan Price, an Ardmore resident. The new apartments will now be called "The Legacy". Developers have finalized a name for the former site of the Cloverdale Apartments in the Ardmore community of Winston-Salem.
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