Coliseum Centre adds new tenants as major one moves out this year

Coliseum Centre has recently added three new tenants while a major lease in the office park is expiring this year, creating a large contiguous vacant office space in the airport submarket. Florida-based America’s Capital Partners, which purchased three buildings in Coliseum Centre in 2014 for $62.5 million, has leased a little more than 15,000 square feet at Coliseum Six to ADW Architects, Superior Group and Metro Systems Inc. David Dorsch and Joe Franco of Cushman & Wakefield represented the…

Self-storage facilities planned for uptown, University City

More self-storage space is coming to University City and uptown Charlotte. Two facilities will be developed by a company called FourStore LLC at 1325 W. Mallard Creek Church Road and at 600 W. Morehead St., according to city records. The 107,000-square-foot, climate-controlled facility in University City will be built on a 4.3-acre parcel adjacent to the Interstate 85 interchange, at the intersection of West Mallard Creek Church and Legranger roads. FourStore is a venture that includes Budget Development…

Affordable-housing community for seniors to finish this year

Construction of an affordable-housing project at the intersection of Marsh and Park roads is expected to wrap up this year. The 92-unit senior-living apartment complex, which is being developed by Charlotte Housing Authority affiliate Horizon Development Properties Inc., has been planned for the 2.23-acre site for three years. A source close to the project said Wednesday that it is now expected to be finished by December. The complex will be comprised of one-bedroom units, at 680 square feet apiece.…

North Charlotte distribution business park receives approval from City Council

A rezoning request to develop an $80 million distribution business park at a fairgrounds site in north Charlotte received unanimous approval from City Council on Monday. As previously reported by the Charlotte Business Journal, Beacon Partners is spearheading the project, Metrolina Logistics Park, on the 95-acre site between Statesville and Old Statesville roads that currently hosts the Metrolina Tradeshow Expo. The center will eventually contain 1.2 million square feet of distribution and connected…

New beer and music hall coming to Uptown

flightbarA new place is opening in uptown that is sure to be the best new spot for happy hour beverages or weekend afternoons with friends. The same creative business minds that brought Angry Ale’s, Draught, Libretto’s, Prohibition, Neighborhood Theatre and Pint Central to Charlotte, are working together to bring “Flight” to the Queen City.

Flight will be a “North Carolina-centric traditional beer and music hall,” slated to open in early April in the old Republic space, right next to the popular Bar Charlotte. The new venue gets its name from the phrase “First in Flight,” which you can find on every North Carolina license plate, really driving home the state-centric idea. In addition to state pride, the bar also promotes a commitment to the local community and economy. It strives to keep money in the Queen City, and gives Charlotte consumers another way to do this, by offering an environment in which to imbibe and enjoy themselves. The local craft beer scene has really renewed the desire to keep it local, from beer, to restaurants, to music.

Flight aims to offer a laid-back, neighborhood vibe without dress codes or dance parties. The beer will certainly be a focus, with 80 offerings on tap, including all of the Charlotte staples and other Carolina brews, like Wicked Weed from Asheville and craft brews from Raleigh and Wilmington. There will be food to complement the wide range of beers, with a traditional beer garden menu, including homemade brats.

The music will be diverse, and will include a house band and local groups performing weekly, as wells national acts performing a few times a month. The venue also plans to have open mic nights on the schedule for up-and-coming local singer/songwriters.

For more details on Flight and the entrepreneurs behind it, check out the article at charlottefive.com.

 

Hotel Indigo proposed for uptown hits resistance

A proposal for a boutique hotel inside an existing uptown Charlotte building is hitting some resistance from the owners of office condos there. Building owner, The Simpson Organization of Atlanta, has proposed selling about 40 percent of the Tryon Plaza building to a local developer who wants to bring a Hotel Indigo to the structure. The 120-room hotel would take a portion of the lobby and eight floors interspersed among the 22 floors of the building. The plan also calls for a fourth-floor restaurant…

South End office building sold to Asheville-based investment firm for $7.4 million

The office portion of South End's pink building has been sold for $7.4 million. Cushman & Wakefield announced today the sale of The Arlington, a 34,618-square-foot office building at 325 Arlington Ave., to East West Capital, a private equity investment firm based in Asheville. This is the third office building East West Capital has purchased in the Charlotte market in the past 18 months. The firm purchased the Boxer Building for $4.67 million last year and the Carolina School Supply Building for…

South End office building sold to Asheville-based investment firm for $7.4 million

The office portion of South End's pink building has been sold for $7.4 million. Cushman & Wakefield announced today the sale of The Arlington, a 34,618-square-foot office building at 325 Arlington Ave., to East West Capital, a private equity investment firm based in Asheville. This is the third office building East West Capital has purchased in the Charlotte market in the past 18 months. The firm purchased the Boxer Building for $4.67 million last year and the Carolina School Supply Building for…

Hopper Communities launching townhouse development in Wesley Heights

A planned infill townhouse development in west Charlotte will begin pre-sales at an event this week. Grandin Heights, a 43-unit community that will soon break ground in Wesley Heights, is hosting a community launch event from 4:30 p.m. to 6 p.m. Wednesday at 1422 W. Fourth St. Grandin Heights is being developed by Hopper Communities, also at the helm of a 53-unit townhouse project under construction on Youngblood Street in south Charlotte called SouthPoint at South End. That project’s architect,…

Hopper Communities launching townhouse development in Wesley Heights

A planned infill townhouse development in west Charlotte will begin pre-sales at an event this week. Grandin Heights, a 43-unit community that will soon break ground in Wesley Heights, is hosting a community launch event from 4:30 p.m. to 6 p.m. Wednesday at 1422 W. Fourth St. Grandin Heights is being developed by Hopper Communities, also at the helm of a 53-unit townhouse project under construction on Youngblood Street in south Charlotte called SouthPoint at South End. That project’s architect,…