Childress Klein and Sharon United Methodist Church hope to create a mixed-use project on the church’s property that will become “the spiritual crossroads of SouthPark,” says Chris Thomas, retail partner at Childress Klein who is leading the effort.
Childress Klein is partnering with the church to redevelop its property at Sharon Road and Morrison Boulevard as well as two adjacent undeveloped parcels on Coltsgate Road. The firm is seeking rezoning approval to develop up to 690 residential units,…More details on mixed-use project planned for SouthPark church site
Childress Klein and Sharon United Methodist Church hope to create a mixed-use project on the church’s property that will become “the spiritual crossroads of SouthPark,” says Chris Thomas, retail partner at Childress Klein who is leading the effort.
Childress Klein is partnering with the church to redevelop its property at Sharon Road and Morrison Boulevard as well as two adjacent undeveloped parcels on Coltsgate Road. The firm is seeking rezoning approval to develop up to 690 residential units,…
Faison Enterprises Inc. is exploring the development of a 160-unit apartment complex with ground-floor retail space at the corner of East Seventh Street and Caswell Road, at a 1.5-acre site in Elizabeth that's home to restaurants Jackalope Jacks and Philosopher’s Stone Tavern, according to real estate sources.
It’s one of several potential apartment projects that Faison is pursuing in Charlotte. The real estate firm apparently is gearing up for a new round of multifamily development after completing…
Childress Klein has filed two rezoning applications to allow for the anticipated redevelopment of the Sharon United Methodist Church property on Charlotte's Sharon Road as well as two adjacent parcels on Coltsgate Road.
The rezoning for the church property, at the southwest corner of the intersection of Morrison Boulevard and Sharon Road, would allow for the development of the following:
• Up to 170,000 square feet of commercial space, including office, retail, restaurant, personal services and…
American Asset Corp. is looking to develop 19 acres it owns in southwest Charlotte at West Arrowood Road and Interstate 485, potentially for a 75,000-square-foot golf entertainment complex.
The Charlotte real estate firm is seeking a rezoning for the property in order to develop a multi-use business park at the site, but AAC is asking City Council to approve two development alternatives.
The first would include the golf entertainment complex, which would be housed in a building that would include…
Campus Crest Communities Inc. (NYSE:CCG) is doing away with dividend payments for 2015, as the Charlotte-based company works to improve its operating results, sell assets, raise capital and refinance existing credit lines.
“We remain extremely focused on pursuing Campus Crest’s strategic repositioning, and strengthening our financial and liquidity position,” Richard Kahlbaugh, nonexecutive chairman, said in a news release Wednesday.
“The Board of Directors feels that suspending the Company’s…
Home prices in Charlotte were up 4.3 percent in January from a year earlier, according to a prominent monthly index released Tuesday.
That makes for a strong start to the year, with the annual growth rate exceeding the 3.5 percent increase posted in December.
The city was also among the three U.S. markets that logged the biggest month-to-month gains, with January home prices up 0.7 percent in January from December, the latest Standard & Poor’s Case-Shiller Home Price Index shows. Miami and San…
The owners of the Ballantyne Village retail center and the owner of its parking deck have reached a settlement that will end a long-running dispute over parking at the south Charlotte retail center and pave the way for additional development.
MV Ballantyne Village, the company that owns the center, has reached a settlement with Ballantyne Village Parking, the company that owns the parking garage at Ballantyne Village and two vacant development pads.
Effective immediately, all spaces in the deck…
A New York real estate investment firm has bought the 153-unit Park and Kingston apartment complex in South End for $27.85 million.
Bluerock Real Estate purchased the development this month from an affiliate of Marsh Properties. Marsh developed the complex with Merrifield Patrick Vermillion and Jud Little behind a commercial strip in South End that includes well-known eatery Price’s Chicken Coop. When the developers announced the project in early 2012, they said the development's cost was approximately…
The Charlotte City Club is talking with developers about potentially taking space in a new tower in uptown Charlotte as it weighs a move out of the 121 West Trade Street building.
The club has been located at 121 West Trade since 1990, and it may stay put in the 31-story office tower at Trade and Tryon streets, where it occupies the top two floors and has a lease that runs through 2020.
“We’re just exploring various opportunities at this stage,” says John Scharer, general manager. “Certainly…
Jane McIntyre, who recently retired as executive director of United Way of Central Carolinas, has accepted a part-time role with Faison Enterprises Inc. as director of the real estate firm’s charitable contributions.
McIntyre’s last day at the United Way was in late February, although she’s still working with the organization on a part-time basis to introduce new executive director Sean Garrett to the community.
She was recruited to Faison by her friend Tom Hollowell, a board member, when…