Wedgewood Drive building prepares for $1 million in renovationsLeave a Comment
A former medical office at 300 Wedgewood Drive will be undergoing renovations to upgrade its space and will also provide “aesthetic love,” according to David Lorenze, principal for Black Diamond Realty LLC. “Structurally, it is a very sound building — it just needs some TLC,” Lorenze said. He said the facility will begin renovations in the first quarter of 2019 to develop a more modern look.
The developer for the project is Glenmark Holding LLC. Lorenze said the building will be a versatile space that incorporates all types of businesses. The space offers more than 19,000 square feet, and the buyer is investing more than $1 million to redevelop the property. The funds for the renovations will allow the buyer to redesign the interior and exterior — permitting more creative liberty to make it a modern space, according to Lorenze.
In addition to the aesthetics of the building itself, new landscaping will be another priority and there are plans to put a playground in, as well. “We have multiple floor plans at this point — that the Mills Group has put together in conjunction with the buyer — that lay out a number of different scenarios,” Lorenze said. “The goal is to cater to all office-use types.”
Photo Caption: This submitted artist rendering shows the plans for 300 Wedgewood Drive, a former medical office that is getting 1 million in renovations. (Artist Submitted Rendering)
Lorenze said his company is looking to market to child care facilities, medical facilities and other professional office uses. The building will provide a space to suit the needs of the user, as well as give more opportunity to a range of businesses. “There are thousands of rooftops within a one-mile radius, and the way the property lays from it being all single-story, it just seems like a natural fit,” Lorenze said. “As Morgantown continues to grow, taking older facilities like this that served a purpose for many years and served the community, there is a point and time where it needs money injected into it to repurpose it, to further serve the market and growth in Morgantown.”
Black Diamond Realty LLC’s role is to sell the property to the developer, then work with the developer to market and lease to businesses in the Suncrest area. “Suncrest as a whole is in high-demand, it has a lot of major employers,” Lorenze said. “Being in the Suncrest area is attractive for many folks, and our goal is to target businesses that want an affordable location outside of city limits.”
For more information about this property, contact Black Diamond Realty at 304-413-4350.
The Dominion Post, Tiffany Morgan