Connect with us

Press + News

First escape room in works for Ballantyne

Continue Reading >

Food Network-featured diner nabs third Charlotte-area site

Continue Reading >

Food Network fame drives diner's expansion in Charlotte

Metro Diner opens its second location in the Charlotte market next month.

Continue Reading >

Is this the final design for Dimensional Fund's South End HQ?

Durham-based Duda|Paine Architects tweeted out a rendering late Wednesday afternoon that appears to show the final design of the Dimensional Fund Advisors headquarters building planned for South End. Austin, Texas-based DFA is expected to break ground on the building in the fourth quarter, with delivery in late 2018. The building is expected to include office space and ground-floor retail. DFA has inked a deal to lease 100% of the building for 15 years. Atlanta-based Cousins Properties is developing…

Continue Reading >

Mortgage lender moving office from Fort Mill to southwest Charlotte

A mortgage lender is moving its local call center from Fort Mill to southwest Charlotte. Home Point Financial recently signed a five-year lease for 23,517 square feet of office space at Whitehall Corporate Center VI, at 3525 Whitehall Park Drive. The company’s local branch is currently at 3023 HSBC Way in South Carolina. “Geographically, Charlotte gives us a broader access to clients,” said Howard Nathan, head of finance at Home Point Financial, adding the lease in Fort Mill was also set…

Continue Reading >

(PHOTOS) SkyHouse hosting grand opening event for park, VetweRx

SkyHouse Uptown is opening its outdoor park six stories above North Church Street this weekend. Called SkyPark, it features a regulation-size tennis court, an athletic field and two regulation bocce ball courts on a little less than 1 acre above the mixed-use project’s parking deck. There are also pergolas, grilling and seating areas with fire pits, a putting green, and a walking trail, in addition to a walk for large and small dogs and a dog-washing station. The grand-opening event is 4 to 7…

Continue Reading >

SkyHouse hosting grand opening event for park, VetweRx (PHOTOS)

SkyHouse Uptown is opening its outdoor park six stories above North Church Street this weekend. Called SkyPark, it features a regulation-size tennis court, an athletic field and two regulation bocce ball courts on a little less than 1 acre above the mixed-use project’s parking deck. There are also pergolas, grilling and seating areas with fire pits, a putting green, and a walking trail, in addition to a walk for large and small dogs and a dog-washing station. The grand-opening event is 4 to 7…

Continue Reading >

Belk signs 15-year lease to consolidate headquarters

Belk Inc. has signed a 15-year lease for its headquarters, putting all of its corporate offices under one roof again. The retailer’s headquarters will be at 2801 W. Tyvola Road, according to Belk spokeswoman Jessica Graham. Belk is leasing the full 475,000-square-foot space, which is owned by Jacobson West Charlotte LLC, an entity controlled by Miami real estate investor Samuel Jacobson. Previously, Belk ran out of space at its headquarters and moved some functions across the street to Coliseum…

Continue Reading >

NorthEnd Partners discuss fixing gateway to uptown, spurring development at meeting

Removing a ramp could be the first big step to ignite development in Charlotte’s North End. “The top priority is to fix the gateway to uptown,” said Roger Grosswald, a property owner in the area. “The barrier mentality must stop.” Grosswald led a presentation by nonprofit advocate NorthEnd Partners on Wednesday that outlined key takeaways from former Urban Land Institute and Kimley-Horn studies to help revitalize the North Tryon corridor just outside of uptown Charlotte. The area has lagged…

Continue Reading >

Lincoln Harris closes on part of Charlotte Observer site sale

Lincoln Harris has closed on part of its deal to purchase The Charlotte Observer property for $11 million. The deal, which closed April 1, includes a little more than 5 acres bounded by South Mint, Stonewall and South Church streets, according to real estate records. As previously reported by the Charlotte Business Journal, Lincoln Harris is working with Goldman Sachs on the acquisition. The purchaser of the roughly 5.2-acre site is a limited-liability company called GSLH Charlotte Realty Holdings,…

Continue Reading >

Environamics doubling size with move to new facility

A commercial-interior contracting company is relocating to a new facility double the size of its current headquarters. Environamics, at 1401 Freedom Drive, purchased the building at 13935 South Point Blvd. for $3.83 million in late January, according to real estate records. “We basically ran out of room at our current facility,” said Environamics CEO Harry Johnson. The company's current headquarters is about 45,000 square feet. Environamics has grown steadily in the past three to four years,…

Continue Reading >

Hilton hotel to be part of Stonewall Station development

A Hilton flag will be one of two hotels at Crescent Communities’ Stonewall Station project. A 160-room Home2 Suites will occupy a building between 10 to 12 floors within the mixed-use development currently under construction at the intersection of Stonewall and Caldwell streets. In addition to two hotels, Stonewall Station will include a 47,000-square-foot Whole Foods Market anchor, 459 luxury apartments and additional retail space. Stonewall Station is expected to open in 2018. Home2 Suites…

Continue Reading >

U.S. Performance Center planning larger facility in south Charlotte

An Olympics development-program facility is planned for a large site just east of Ballantyne. U.S. Performance Center, currently at 9209 Baybrook Road, has filed a rezoning petition to build a new Olympic-certified youth-training facility next to Jay M. Robinson Middle School on Ballantyne Commons Parkway. The center will include a canvas-domed facility with an indoor track, field and batting cages and a two-story, 60,000-square-foot building with a weight room, an aerobics room, physical therapy…

Continue Reading >

San Francisco-based hotel chain adding 2 Charlotte hotels

Kimpton Hotels & Restaurants announced today it will add two hotels to Charlotte next year. The San Francisco-based hotel chain is adding a 216-room hotel as part of a major mixed-use project by Spectrum Properties and Cornerstone Real Estate Advisors at the corner of Third and Church streets. The other hotel, which is being developed by Charlotte-based Catellus Group, will be a six-story, 128-room "lifestyle boutique" a block away from a light-rail station in Dilworth. Both hotels are slated to…

Continue Reading >

Massive mixed-use project proposed for western Charlotte

A master-planned mixed-use project spearheaded by two developers is being proposed for a huge swath of land in western Charlotte. Crescent Communities and Lincoln Harris have filed a rezoning petition for roughly 1,300 acres between Charlotte Douglas International Airport and the Catawba River, where the companies are planning a mixed-use community in an area the project refers to as River District. The development is expected to include 8 million square feet of office space, 500,000 square feet…

Continue Reading >

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…

Continue Reading >

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…

Continue Reading >

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.…

Continue Reading >

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…

Continue Reading >

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…

Continue Reading >