RiverLink announces 200-unit, mixed-use development for old Dave Steel site in the RAD

The River Arts District continues to grow: Local nonprofit RiverLink announced May 10 that a residential-retail complex will be built on the vacant Dave Steel Company site at Clingman Avenue and Roberts Street. Delphi Development of Asheville is under contract to purchase and develop the project,
known as The RAD Lofts.

The mixed-use development will consist of about 200 apartments, an internal parking garage, retail, restaurants and live-work units. The RAD Lofts conforms to the Wilma Dykeman RiverWay Plan, as well as the city's stated strategic goal to encourage more high density development within the city limits, according to RiverLink’s press release.

Delphi Development has completed several Asheville projects, including the Sawyer Motor Building Condominiums on Coxe Avenue and Eastwood Village in Reynolds. The company will utilize local artists for exteriors and common area finishes of the building and has hired Jeff Dalton and Robin Raines of Rowhouse Architects of Asheville to lead the design team. Spake Real Estate of Asheville is conducting presale/prelease efforts for the retail and live/work spaces. The projected timeline is that construction will begin in the spring of 2014 and be completed by summer of 2015.

Dave Steel Company and the Dave family continues to operate its steel fabrication plant near the Swannanoa River on Meadow Road, as well as a new plant located in Chesnee, S.C., and an engineering office in Cincinnati, Ohio. According to President and CEO Jeff Dave, "The RAD Lofts is the next logical development for our original factory site. The river and riverfront have changed greatly since I was a child, and this new vision will take us to the next level in making Asheville and the Asheville riverfront a destination for everyone to live, work and play." — from RiverLink

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