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March 3, 2014

Knowledge Park – What to expect when

Construction of Knowledge Park could get underway this year, and developer Tim Elliott said the goal is to have the entire project completed by 2020. His plan is broken down into eight phases, most of which overlap:

Construction of Knowledge Park could get underway this year, and developer Tim Elliott said the goal is to have the entire project completed by 2020. His plan is broken down into eight phases, most of which overlap:

Phase One

• Redevelopment of existing Lowenstein Building, including a 300-space parking garage
• Creation of a temporary parking lot
• Access to the site from White Street

Phase Two

• Construction of a 250-bed student housing complex
• Construction of a 4,000-square-foot textile museum
• Utility and parking upgrades on Stewart Avenue

Phase Three

• Construction of a second 250-bed student housing complex, with retail stores
• Construction of 90 units of senior housing, with retail stores
• Construction of a second parking garage with 400 spaces
• Development of internal street and traffic circles and greenway

Phase Four

• Conversion of existing boiler plant to 18,000 square feet of retail space
• Construction of 17,000-square-foot market building
• Construction of a pedestrian plaza and park
• Development of surface parking and street access

Phase Five

• Construction of additional 70 units of senior housing or market-rate housing
• Construction of 60,000 square feet of office space
• Construction of a third parking garage with 275 spaces

Phase Six

• Construction of 81 townhomes
• Development of second phase of greenway and parking

Phase Seven

• Construction of 60,000 square feet of mixed-use office space
• Construction of a university-affiliated inn with 60 rooms, with retail stores
• Construction of a fourth parking garage with 300 spaces
• Development of connector to Union Avenue

Phase Eight

• Construction of 5,000-square-foot artist and craftsman incubator

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