The 3,000 square feet of retail/office space will be centered on the common courtyard.  This space is ideal for professionals such as lawyers, accountants and real estate agents, or small retail shops who need to be in the heart of downtown and on a growing pedestrian corridor.

Real estate investors typically look for markets that demonstrate strong signs of growth potential. The professional and business services sector in Asheville has grown more than any other industry in the last year, up 1,200 new positions,  signaling both the growing need for office space, and the health of the economy.

Many business owners have already expressed interest in renting the retail/office space that will become available when Broadway Commons is completed.  Investors in the project will have the right to “pre-rent” any of the four office units.  Once the space is available, they can choose between two options:  (1)  leave the investment in place and retain part ownership of the total project, as well as become a tenant paying full rent,  or (2) reduce the percentage of ownership by 50% and use 50% of the investment money to offset rent and maintenance costs.

Sustainable Construction

Broadway Commons will incorporate green technology and sustainable building supplies to the fullest extent possible.  Every effort will be made to maximize environmentally-friendly approaches to construction and operation of the project.  The entire complex will be smoke-free, the courtyard and driveways will utilize permeable paving so the land can continue to breath, active and passive solar energy will be incorporated into the building plans, and energy efficiency will be top priority from the choice of CFL lighting to energy-efficient appliances in all units. 

Discover Asheville

Asheville has received numerous “best of” rankings since 2001, including:

• Best Southern Town by Outside Magazine
• Forbes’ Designation as one of the Best Places for Businesses and Careers for the past three years.
• Small Town Art Destination
• Several Best Places to Live
• Several Best Places to Retire

To see the full listings, Click Here.

To learn more about what the Asheville area has to offer in the way of a leisure visit, visit http://www.sheville.org/ or http://www.exploreasheville.com/.  To learn more about the Asheville Chamber of Commerce Economic Outlook for 2007, Click Here.