The Standard Germantown finalizes plans for $90M phase 2, with 320 lofts, commercial space – The Business Journals

Renderings of phase 2 of The Standard Germantown show a well-lit, walkable corridor.
The Standard Germantown, the new name for the Billy Orgel-led Carrefour redevelopment, is continuing to progress and has now filed its final plans to begin work in earnest on the primary residential portion of the project.
CRE Devco Germantown LLC’s massive mixed-use development filed the final plans for the second phase with the Germantown Planning Commission. The plan will be discussed at the Commission’s SmartCode Review Committee meeting on Wednesday, Aug. 16.
Adam Slovis, project manager, said that this part of the development is the largest structure being built for the project.
“This is the largest single building that will be built,” Slovis said. “We can demo by the end of this year, and that whole rear section of the property will be empty.”
The second phase of the project would have a six-story structure with 320 residential lofts, 27,000 square feet of ground-floor commercial space, and 541 total parking spaces, including a 237,000-square-foot interior “podium” parking garage with 456 interior spaces. The phase is expected to cost $90 million and take 350 construction workers to build.
The second phase is situated on the southernmost piece of the site, along the railroad tracks across from Poplar Pike, to the west of Kirby Parkway. An interior boulevard would bring visitors in from Poplar Avenue to the Lofts residential building and the Piazza, with green space, boutiques, upscale shops, and restaurants. The green space, called the Lawn at the Lofts in the application materials, would be available for outdoor events ranging from movie nights, yoga mornings, and other neighborhood get-togethers. The development team is also planning to work with a local artist to have various kinds of art around the Piazza.
The design of the phase — put together by a design team made up of Atlanta-based architecture firm Cooper Carry; engineering firm Kimley-Horn, and Michael J. Fahy’s MJF Consulting of Germantown — is a modern look, and a familiar one when it comes to Orgel developments.
The renderings show a structure with black, white, and gray coloring, lots of glass, units with patios, and swaths of green space.
Click the slideshow at the top of the page to see the recently submitted renderings for phase 2.
The reimagined development is expected to be built in five phases. The first “taste” was approved in August last year and is scheduled to come online in the next six to seven months. Construction of the second phase is estimated to last for 30 months. The other three phases include more retail, condos, and a 140-key hotel.
Slovis said that the outparcel phase is starting to provide a sense of scale, and that he is actively looking for tenants to go into the space.
“Now when you go up on the site, you really get a sense of scale,” Slovis said. “You get a sense of presence up on Poplar [Avenue] and what the overall plan will be, and that’s the smallest of the buildings that will be built. It’s only two stories, whereas the residential component is six.”
Maximum rent, two bedroom
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