**Showplace West to be Redeveloped into Apartments and Retail Space**
Echelon Resources Inc. and LBD Investments have announced plans to transform Showplace West/One Plaza Center into market-rate apartments, complemented by approximately 9,000 square feet of retail space.
The eight-story, 135,000-square-foot concrete office building, located at 101 S. Main St., was originally completed in 1971. In 2019, International Market Centers donated the property to Downtown High Point, having previously acquired it in 2011 for around $1.49 million. Recently, the building was added to the National Register of Historic Places, recognizing its architectural and historical significance.
Echelon Resources is known for repurposing historic buildings, having converted a range of former factories, mills, warehouses, schools, and residential structures. Meanwhile, LBD Investments specializes in urban and suburban infill mixed-use and historic redevelopment projects across the Southeast.
This redevelopment project aims to revitalize the historic structure while bringing new residential and commercial opportunities to Downtown High Point.
About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax (www.griffintax.com) and REVVED Up Accounting (www.revvedupaccounting.com). In addition, Steve founded Madison Avenue Technology (www.madisonave.tech). With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.
