Cousins: We’re still talking with South End neighbors about Dimensional project

The design of Dimensional Fund Advisors’ regional headquarters is South End has not been finalized, says Charlotte City Council member LaWana Mayfield, and developer Cousins Properties is continuing to discuss the project with the neighborhood. Cousins, the Atlanta-based real estate investment trust that's working with Dimensional on the project, says its team is working with leaders of the South End Neighborhood Association and Wilmore Neighborhood Association as well as nearby businesses. “Commercial…

HM Properties relocates to new building in SouthPark

HM Properties has relocated its offices to a new building in SouthPark. Formerly located in 6,217 square feet at Piedmont Town Center, HM Properties has relocated to a 6,850-square-foot building in the Fairview II complex on Fairview Road, across from Phillips Place. Earlier this year, a company managed by HM Properties owner Valerie Mitchener purchased the property at 6857 Fairview Road for $650,000. The new office space was designed by Mitchener and Robert Johnson Architects and was renovated…

Work begins at EpiCentre hotel, Mount Vernon and Vision Ventures settle lawsuit

A suit between the two real estate firms that revitalized and sold the EpiCentre has been settled, executives say, and site work for a planned 300-room hotel above the uptown retail complex started this week. In September, Mount Vernon Asset Management, its head, Geoffrey Curme, and his wife, Sarah, sued Vision Ventures and its two co-founders, Doug Stephan and Paul Picarazzi, in a dispute over the air rights above the EpiCentre and the parking for the hotel. In the suit, Mount Vernon and the Curmes…

Where does Charlotte fall on ‘Best Places to Own a Home’ list?

Charlotte came in at No. 15 among the top places to own a home, according to a joint report by Redfin and Porch. In their "Best Place to Own a Home" survey, which polled homeowners across the country, the firms ranked 67 cities on several metrics. These included walkability, healthy living, the real estate market, educational opportunities and overall resident satisfaction. Charlotte was followed by Raleigh at No. 17 and Atlanta at No. 30. Denver, Colo., placed at No. 1. Here is how the Queen…

TTI Floor Care lands at Innovation Park, which is now 98% leased

TTI Floor Care North America has leased approximately 60,000 square feet at Innovation Park, taking nearly all of the remaining space at the University City office park. This summer TTI announced it would hire 200 workers over the next two years as it sets up a marketing and innovation center in Charlotte. The company makes vacuum cleaners and other floor-care appliances under such brands as Hoover, Dirt Devil and Oreck and said it would invest $5 million in the facility As a result of the TTI…

SREE Hotels starts construction on 195-room hotel in uptown Charlotte

Charlotte hotel company SREE Hotels has started construction on its long-planned 195-room hotel next to the Center City Green parking development in uptown Charlotte. The Charlotte-based hotel development and management company recently started work on the hotel, which will be a SpringHill Suites by Marriott. The project is expected to be complete in the first quarter of 2017, says Vinay Patel, president and CEO of SREE. In 2013, SREE purchased the hotel site, about a third of an acre in size,…

Childress Klein sells office park for $27 million after paying $17.5 million two years ago

Two years after buying Kenton Circle for $17.5 million, Childress Klein and its investment partner have sold the three-building office park in Huntersville for $27 million. A joint venture between Acre Valley Real Estate Capital and ABS Partners Real Estate purchased the park from Childress Klein and WHI Real Estate Partners. Kenton Circle is on Sam Furr Road, just west of Interstate 77, and it totals nearly 136,000 square feet. The complex is 97% leased to tenants that include Bank of America…

Apartment developer planning 280-unit complex in NoDa area

Wood Partners is planning an apartment project with up to 280 units in the NoDa area and is seeking a rezoning in order to move forward with the development. The firm is asking for a rezoning for 3.22 acres on the east side of North Brevard Street, between 24th and 25th Streets. Atlanta-based Wood Partners is one of the largest apartment developers in the country and started construction earlier this year a 266-unit apartment complex in the Steele Creek area.

Developer seeks rezoning for townhome project in Madison Park

Richter Development has filed a rezoning request in order to develop a 49-unit townhome project on 2.57 acres in the Madison Park neighborhood off Park Road. The company is planning the project for a site that consists of seven single-family properties on the south side of East Woodlawn Road, between Drexmore Avenue and Halstead Drive. The development, called The Towns at Madison Park, would consist of townhome units limited to 45 feet in height, according to a site plan, and would be accessed through…

Faison refiles rezoning request for Jackalope Jacks site in Elizabeth

Faison Enterprises has again filed a rezoning request for a 1.7-acre site in Elizabeth that includes bar and restaurant Jackalope Jacks, but the Charlotte real estate firm is proposing a smaller number of apartment units and more retail this time. The firm withdrew a previous rezoning request for the site that would have allowed a project with as many as 200 units and up to 15,000 square feet of retail and restaurant space. A protest petition had not been filed against the rezoning request, according…