Greystar purchases uptown Charlotte site, plans to start 33-story apartment tower next year

Multifamily company Greystar has purchased a 0.6-acre site at the intersection of Third and Poplar streets, across from Romare Bearden Park in uptown Charlotte, where the firm plans to start construction early in the new year on a 33-story high-rise apartment tower with ground-floor retail. The apartment tower will feature 300 high-end units, rooftop amenities and approximately 3,200 square feet of ground-floor retail space, says Todd Wigfield, a managing director with Greystar. Wigfield says the…

Developers seek rezoning for mixed-use project at Colony apartments site

Synco Properties Inc. and Schlosser Development Corp. are filing a rezoning application today for their planned mixed-use development at the site of The Colony apartment complex in Charlotte's SouthPark area. If approved, the zoning change to a mixed-use district at the 27-acre site would allow Synco and Schlosser to develop up to 1,100 residential units, 250,000 square feet of office space, 300,000 square feet of retail space (including a new grocery store) and a boutique hotel with up to 300 rooms,…

David Weekley planning 11-unit townhome project in South End

David Weekley Homes is planning an 11-unit townhome development at the corner of Tryon Street and Carson Boulevard in Charlotte's South End. The development, called Central Living at Carson, is planned for a 0.6-acre site adjacent to the Camden South End apartment complex on South Tryon. Mark Gibbs, Charlotte division president for David Weekley, says the three-story, brick-and-stone townhomes will feature rooftop terraces with views of the skyline. The units will be about 3,000 square feet in…

Lincoln Harris expects Capitol Towers building to deliver in July

Lincoln Harris expects the first building at its Capitol Towers development in SouthPark to be complete this summer and will likely start construction on the second building next year, Chief Operating Officer John "Johno" Harris III says. The Charlotte real estate firm started construction earlier this year on the first 10-story building at the development, which is behind Piedmont Town Center. The project calls for two 10-story towers fronting Congress Street as well as a seven-story parking garage…

Levine Properties buys 2 acres in uptown Charlotte for $9.85 million

Levine Properties has added to its land holdings in uptown Charlotte's First Ward. An affiliate of Levine Properties has purchased 2 acres of land at the corner of North Brevard and Sixth streets for $9.85 million. The property, across Brevard from the ImaginOn library and theatre, is used for surface parking and is near a 3.2-acre park in First Ward that Levine Properties and Mecklenburg County are building between ImaginOn and UNC Charlotte's center city building. With the latest acquisition,…

Owners of AT&T Plaza listing building for sale with CBRE

The owners of the AT&T Plaza building in uptown Charlotte will list the building for sale with CBRE. This week, the Charlotte Business Journal reported that AT&T will vacate the approximately 350,000-square-foot building next year and relocate its employees to the suburbs, creating a large block of available space in center city. Patrick Gildea, an investment sales specialist with CBRE in Charlotte, says the investment sales team at CBRE will start marketing AT&T Plaza next month. The building,…

Birdsong Brewing buys North Davidson Street building for $1.3 million

Birdsong Brewing Co. has purchased a 17,000-square-foot industrial building on Charlotte's North Davidson Street for its previously announced relocation and expansion. The local brewery bought the building at 1016 N. Davidson for $1.34 million from an affiliate of Beacon Partners. Birdsong, founded in 2011, hasn't set a move date yet, but it says the larger facility, located at the corner of North Davidson Street and Belmont Avenue, will feature a 30-barrel brewing system, a new tap room and a…

BJ’s targeting former Home Depot Design Center space at Metropolitan

BJ's Wholesale Club Inc. is targeting the former Home Depot Design Center space at the Metropolitan complex in midtown Charlotte for a new location, according to real estate records. "We are actively pursuing a new BJ's location in Charlotte and plan to make a formal announcement next month," a spokeswoman wrote in response to an email inquiry. The Home Depot Design Center closed in 2009 and the roughly 130,000-square-foot space has been vacant ever since. The space is owned by The Home Depot Inc.…

Proffitt Dixon Partners starts work on 258-unit apartment complex in Matthews

Apartment development firm Proffitt Dixon Partners has started construction on Fountains Matthews, a 258-unit apartment complex on 15 acres at the intersection of Matthews Township Parkway and Northeast Parkway. The project will consist of four three-story buildings, three of which will have elevators. The complex will include a clubhouse, fitness facility, saltwater swimming pool and a 1-acre courtyard that will anchor the property. Eight of the units at the development will be "live-work" units…

AT&T to vacate 350,000-square-foot uptown building, relocate employees

AT&T will vacate its 350,000-square-foot building in uptown Charlotte next year and relocate its employees to the suburbs, creating a large block of available space in center city. The company plans to vacate the AT&T Plaza building at 300 S. Brevard St. before its lease expires at the end of September, a spokesman confirmed. Employees will be relocated to two office buildings that AT&T occupies off West Tyvola Road, at 4100 South Stream Blvd. and 2359 Perimeter Pointe Parkway. AT&T leases the entire…