Charlotte Development Flashcards
ABC Board of NC
“ABC Store
Statesville Road” Huntersville Retail 1.03 $606,500 $588,835
May 2018
Alidade Capital
“Alidade Tract
Reese BV East “ Huntersville Industrial 12.9 $1,616,500 $125,505
Alliance Residential
“BroadStone Queen City
S Tryon & W Morehead” South End Multifamily 1.90 $9,700,000 $5,105,263 May-18
“Amenities include a lounge on the top floor, a pool with a sundeck, a fitness facility, a pet spa, 24-hour package and dry-cleaning pickup, electric car-charging stations and bike storage.
Alliance is expected to open Broadstone Queen City in the spring of 2020”
“Broadstone Bryant Park
Wilkinson Blvd” Freedom Park West Multifamily 10.03 $5,683,000 $566,600 Mar-18
urban garden
Allyn Solutions Inc
“Allyn Solutions Medical Office - Building II
Hamptons Park Dr” Huntersville Medical Office 1.40 $650,000 $464,286 Jun-18
Bainbridge
“Bainbridge Matthews
Matthews Mint Hill Rd” Matthews Multifamily 15.75 $3,500,000 $222,222 Dec-18
surburban garden
“Bainbridge Noda
2405 N Davidson St
“ Noda Multifamily 3.19 $7,975,000 $2,500,000 May-18
wrap
Beacon Partners
“Corning HQ
Corning Pl” Huntersville Office 17.20 $3,603,500 $209,506 Jun-17
Blake Communities
“Bailey’s Run
Hands Mill Hwy” Rock Hill Single Family 62.90 $9,500,000 $151,033 Jan-18
Blake Senior Living
“The Blake at Baxter Village
N Sutton Rd” Fort Mill Multifamily-Senior 4.60 $1,841,600 $400,348 Mar-18
urban garden
BPR Properties
“Moxy Hotel
South Brevard and East Fourth Streets” Uptown Hotel 0.40 $2,500,000 $6,250,000 Aug-18
Moxy, a Marriott International flag, typically includes smaller rooms (averaging 183 square feet) and features like self-service food and beverage, keyless entry and a bar and lounge. If approved, the uptown Moxy would be the first for the Queen City.
Brand Properties
“NoDa Matheson
2710 Chick Godley Rd” NoDa Multifmaily 14.37 $7,125,000 $495,825 Dec-18
urban garden
Charlotte Mecklenberg Hospital Authority
“Mason’s Bend Hospital Site
Sutton Road And Masons Bend Drive” Fort Mill Medical Office 64.00 $6,500,000 $101,563 Mar-18
Choice Hotels International
“WoodSpring Suites Charlotte Matthews
1424 Matthews Mint Hill Rd” Matthews Hotel 3.94 $906,500 $230,076 Apr-17
Both hotels include a mix of queen and king size beds, an in-room kitchen equipped with a full-size refrigerator, an expanded lobby with coffee station, a fitness center with 24/7 access, 100-percent smoke free premises, free parking, complimentary guest Wi-Fi, and 24/7 guest laundry.
“Woodspring Suites Northlake
9420 Statesville Rd” Northlake Hotel 2.84 $1,375,000 $355,770 Mar-17
CitiSculpt
“Harding Office
1301 Harding Pl” Dilworth Office 0.27 $1,000,000 $3,703,704 Jan-18
Utilizing adjecent parking deck
Concord Hospitality
“Homewood Suites by Hilton
Block 42” Uptown Hotel 0.42 $3,000,000 $7,075,472 Mar-18
The 13-story upscale, extended-stay hotel will feature 209 suites for guests, 4,000 square feet of street-level retail area, 3,500 square feet of flexible meeting and pre-function space, an expanded fitness center, a pool and a lounge with a large outdoor terrace
Coranado West
“Washam Park
June Washam Road “ Davidson Single Family 43.00 $3,165,000 $73,605 Jan-17
Selling homes to NVR. 7 lots – 100′ wide; 75 lots – 75′ wide
Crescent Communities
“Novel Montford Park
Mockingbord Lane” Montford Multifamily 5 $10,490,000 $2,098,000 Jun-17
wrap
“Atherton Mill (air rights)
2140 South Boulevard” South End Multifamily 3.15 $12,167,090 $3,862,568 Jul-17
Residential portion of $100M redevelopment of mill
“Ally Bank Regional HQ
601 S Tryon” Uptown Office 3.53 $5,990,000 $1,696,884 Mar-18
high rise office
D.R Horton
“Sutton Farms
Pleasant Grove Road” Charlotte Single Family 53.00 $1,750,000 $33,019 Sep-17
10076 Calvin Hall Rd Indian Land Mixed-Use 117.54 $16,405,000 $139,570 Jan-17
mixed use dev
Daumer Industries Corp
“Daumer Tract
Reese Bv East” Huntersville Industrial 11.00 $1,325,500 $120,500 Jun-17
Daumar is relocating its U.S. operations from the Miami area and building a 110,000 SF manufacturing facility with a small office component to augment its sole Spanish facility
Davis Development
“Davis Development Mallard Creek
13109 Mallard Creek Church Rd” North Charlotte Multifamily 27.50 $2,955,500 $107,473 Jul-18
garden
Dia Sung
“Pike Nursery
Statesville Rd” Cornelius Retail 4.20 $1,200,000 $285,714 Aug-17
User purchase for 40,000sf plant nursery
Dominion Realty Partners
DRP
“FNB Tower
401 S Graham” Uptown Mixed-Use 0.70 $5,250,000 $7,500,000 Dec-18
Mixed-use tower anchored by FNB. 160,000SF Class A office, 195 multifamily units
“Whitehall Village
S Tryon St
“ Steele Creek Multifamily 18.70 $5,250,000 $280,749 Sep-17
garden
DR Horton
“10076 Calvin Hill Rd
“ Indian Land, SC Single Family 117.00 $16,405,000 $140,214 Jan-17
“Brentwood
Hammett Bridge Road” Taylors Single Family 33.00 $1,814,000 $54,970 Apr-18
SF homes from $297,000 - $366,000
Duke Energy/Childress Klein
“Duke Energy Tower
518 S College” Uptown Office 2.05 $27,500,000 $13,414,634 May-17
Directly across from Duke’s current HQ location; estimated 1MSF office planned
Elmtree Funds
“LKQ Build to Suit
Tuskaseegee Road” Airport Industrial 28.00 $3,800,000 $135,714 Jun-17
Fort Mill School District
“Future School Site
278 Gold Hill Road” Fort Mill School 40.00 $5,045,250 $126,131 Mar-17
FUTURE SCHOOL SITE
Foundry Commercial
“Bryton Commerce Center
Bryton Corporate Center Way” Huntersville Industrial 47.00 $7,400,000 $157,447 Dec-17
“WestPark 85
2206 Beltway Blvd
“ Airport Industrial 105.00 $6,700,000 $63,810 Jan-17
1.2MSF industrial park, airport submarket
GEMCAP Development
“GEMCAP Development Parcel
Concord Mills Blvd” Concord Retail 1.25 $1,225,000 $980,000 Jul-17
Outparcel in front of a new Kohl’s and Earth Fare center. Uses are Sherwin Williams and a 2,400sf breakfast group. Total of 6,400sf.
GM Financial
“GM Financial Tract
Reese Bv East” Huntersville Office 10.93 $1,850,000 $169,259 Jun-18
Bought for 2-story back office
Greenway Residential Development
“Rosewood Commons
3911 David Cox Rd” North Charlotte Multifamily 12.30 $1,200,000 $97,561 Sep-18
affordable housing deal
Greystar
“Overture Providence
Walnut Branch Lane” Providence Multifamily-Active Adult 3.50 $3,770,000 $1,077,143 Mar-17
wrap
Griffin Industrial Realty
“Griffin Industrial Site
“ Concord Industrial 22 $2,600,000 $118,182 Jul-18
Construction to commence quickly on the first building (147,000SF)
Hawthorne Development
“Rufus Road Residential
Rufus Road” Denver Single Family 73.00 $1,580,000 $21,644 Apr-17
Hotel Ventures
“Hotel Ventures Tract
10321 Cane Creek Drive” Huntersville Hotel 5.00 $900,500 $180,100 Aug-17
First hotel in The Park - Huntersville
Imprint Properties LLC
“Imprint Site
4000 Raleigh St” NoDa Industrial 3.10 $5,736,000 $1,850,323 Dec-18
60,000SF warehouse on site
Integra
“The Flats at Edgewater
Edgewater Parkway” Indian Land, SC Multifamily 15.00 $4,375,000 $291,667 Mar-18
GARDEN
Jane Wu
“Wu Hotel Parcel
Ballantyne Village Wy” Ballantyne Hotel 0.67 $3,500,000 $5,223,881 Jul-17
Bought for hotel development. Additional pads will be purchased adjacent to site
Jim Gross
“Opus Myers Park
1333 Queens Road
“ Myers Park Condo 0.7 $4,200,000 $5,753,425 Jun-17
Luxury full floor condos. Pricing from $1.3M to $1.7M+
Lat Purser
“Publix - Harris Square
HWY 49” Harrisburg Retail 26.68 $6,000,000 $224,888 Jan-17
Propeorty was zoned residential at time of sale. 49,000sf Publix is under construction, as well as 18,000sf of shops. Six outparcels for sale/lease as well.
Lennar
7631 Claude Phillips Rd Lancaster, SC Single Family 185.00 $15,435,000 $83,432 Dec-17
“Rea Farms
Red Rust Ln” South Charlotte Single Family & Townhome 43.19 $14,038,500 $325,041 Jan-18
3 takes. 88 townhomes, 160 single family homes. Within Rea Farms master planned community
“Westbranch
Davidson Concord Road” Davidson Single Family 165.00 $10,500,000 $63,636 Jan-17
Large lot, small lot, towhome development
“Imagery
715 Horseshoe Bend Beach Rd.
“ Mount Holly, NC Single Family 297.00 $19,575,000 $65,909 Aug-17
Sophisticated seller likely drove pricing. Much of the land is waterfront
“Westbranch
Davidson Concord Road” Davidson Single Family 165.00 $10,500,000 $63,636 Jan-17
195 single family homes, 103 townhomes
“Westbranch
Davidson Concord Road” Davidson Single Family & Multifamily 165.3 $10,500,000 $63,540 Jan-17
Townhomes from $238,000s and singles from $334,000
“Market 42
309 N College Street” Uptown Mixed-Use 3.66 $23,000,000 $6,284,153 Jan-17
High-Rise, includes 20,000SF retail
Levine Properties
418 N College Uptown TBD 0.75 $6,000,000 $8,000,000 Aug-18
Levine Properties Development plans TBD as of sale. Levine owns the adjacent 1.96 acres
Lidl
“Lidl
8930 Christenbury Parkway” Concord Retail 5.50 $3,200,000 $581,818 Apr-17
M David Properties
“SilerPark North
6001 Hucks Road” North I-77 Industrial 29.0 $2,000,000 $68,966 Feb-18
330,000sf Spec building
“Davidland Tract
Reese Bv West” Huntersville Industrial 11.00 $1,067,000 $97,000 Sep-17
Bought for spec development. Currently being market as 100,000sf industrial.
Mark Properties
“Franklin Pointe
Willowbottom Dr” Greer Single Family 60.00 $1,600,000 $26,667 Oct-17
SF homes from $217,000 - $260,000
Mattamy Homes
“Stonehaven at Berewick Towns
Garrow Glen Rd” Berewick Townhomes 16.70 $2,037,000 $121,976 Jun-17
Undeveloped site at time of sale. Utilities adjacent. Pricing from $250,000 - $300,000+
“Resource Square, Site A
2615 W Mallard Creek Church Road” University Townhome 38.20 $2,018,500 $52,840 Jun-18
“Bonterra Village
2419 Bonterra Blvd” Indial Trail Single Family 286.00 $6,243,000 $21,829 Nov-17
Phases 5-8 of Bonterra Village
Mayfair St Partners
“EVEN Hotel
Caldwell St” Uptown Hotel 0.44 $4,500,000 $10,227,273 Aug-17
Sale of portion of parcel to develop a hotel adjacent to Tryon Place (Ally Tower)
McCraney
“Airport South Business Park
3617 West Blvd” Airport Industrial 36.50 $4,574,500 $125,329 Dec-17
Merrifield Patrick Vermillion
“The Edison at Arrowood
7910 Microsoft Way” Steele Creek Office-Call Center 10.28 $1,555,000 $151,265 May-17
Planned two-story call center/creative office with two 60,000 SF floorplate wings; construction starts October 2017; 6/1,000 SF parking
“Reafield
Rea Rd” Waxhaw Office/Retail 8.66 $1,712,000 $197,691 Feb-17
4 building complex with mix of office and reatail. Single story, streetfront on the busy Rea Rd.
MPV
13425 S Tryon Street Steele Creek Self Storage 3.28 $1,000,000 $304,878 Feb-17
MRI Hotels
“Riverbend Hotel
Smith Farm Rd” Huntersville Hotel 2.30 $1,500,000 $652,174 Jan-19
Acreage within the underway Riverbend Village mixed-use development
North State Capital Partners
“Riverbend Townhomes
10899 Overlook Mtn Dr” Huntersville Townhomes 13.90 $2,000,000 $143,885 Nov-18
Part of larger riverbend village mixed-use development
Novant Health
“Novant Health Site
6400 Fairview Road” South Park Medical Office 3.50 $17,000,000 $4,857,143 May-18
Currently a 60,000SF Class C office building. Covered land play
“Ballantyne Medical Center
10629 Providence Road West” Ballantyne Hospital 39.53 $21,000,000 $531,242 Mar-19
The proposed Ballantyne Medical Center would be 161,000 square feet and house 36 beds, two general operating rooms, another operating room for C-sections and an emergency department. Novant says it plans to invest $154 million in the project.
NRP Group
“The Parkwood
1700 N Brevard” NoDa Multifamily 3.65 $6,550,000 $1,794,521 Apr-17
wrap
OmShera Hotel Group
“Hyatt House
Audrey Kell Rd” South Charlotte Hotel 2.05 $2,600,000 $1,268,293 Dec-17
Bought for 135 key Hyatt House within Rea Farms
Palilo Holdings LLC
“Palilio Site
Statesville Road” Huntersville TBD 10.20 $350,000 $34,314 Jan-18
Perster USA Inc
The Park Land - Pester Tract Huntersville Office 10.24 $1,350,000 $131,836 Sep-18
Owner occupant office facility
Pollack Shores
“Mason @ 6 Mile Creek
HWY 521” Indian Land, SC Multifamily 29.00 $4,500,000 $155,172 Jun-18
Garden
“The Penrose
337 West Tremont Avenue” South End Multifamily 4.30 $13,000,000 $3,023,256 Jan-17
wrap
Proffitt Dixon
“Montage
650 E Stonewall Street” Uptown Multifamily 2.64 $8,600,000 $3,257,576 Jan-17
Mid-Rise Podium
Pulte
“Kilkenny Towns
Kilkenny Dr” Providence Townhome 13.82 $5,050,000 $365,412 Dec-17
“Catawba Village
Altura Road” Fort Mill Townhome 9.00 $1,700,000 $188,889 Oct-17
“540 West
Old Milburnie Rd” Knightdale Single Family 163.00 $7,220,000 $44,294 Jan-19
Plans approved by the city allow for 427 lots, with 410 of those dedicated to single-family homes
Queen City Development
“Natalie Commons
Natalie Commons Drive” Denver Single Family 19.00 $1,116,000 $58,737 Jan-17
Ram Realty/Faison
“The Hub South End
Hawkins St” South End Multifamily 4.40 $5,700,000 $1,295,455 Sep-17
Includes 22,000SF retail
Randy Marion Dealership
“Randy Marion Car Lot Site
Statesville Road” Huntersville Retail 8.30 $670,000 $80,723 Mar-18
Expansion of car lot
Ryan Homes
“Glynwood Forest
Regent Pkway” Fort Mill Townhome 15.00 $2,500,000 $166,667 Aug-17
Towns starting from the $190,000s
Sam’s Car Wash
“Sam’s Car Wash
E independence Blvd at Technology Dr
“ Indian Trail Retail 2.42 $1,250,000 $516,529 May-17
Purchased for development of a Sam’s car wash
Scannell Properties
“Scannell Tract 14 - Park Huntersville
Vanstory Dr” Huntersville Industrial 18.33 $1,467,500 $80,060 Dec-17
Bought for 150,000 spec industrial building.
“Scannell Tracts 12 & 13 - Park Huntersville
Vanstory Dr” Huntersville Industrial 21.90 $1,731,000 $79,041 Jun-17
BTS for Oerlikon Metco
Selwyn Property Group
605 Lexington Ave Morehead Office 0.78 $1,875,000 $2,403,846 Jun-18
Under construction, asking $36/sf gross. 3 stories, surface parked at 3/1000 parking
Shea Homes
“Towns at Tindall Park
Bronson Dr” South Charlotte Townhomes 2.80 $2,610,000 $932,143 Mar-17
18 fully developed VDLs. Home prices from $526,000 - $589,000
Silverman Group
“Charlotte Intermodal Logistics Facility
10148 Hordton Road” Airport Industrial 42.60 $2,100,000 $49,296 Jun-18
Less than one half mile from the River District
Sparrow Capital Partners
“Sage Highland Creek
9254 Highland Creek Pkwy” North Charlotte Senior Multifamily 11.05 $2,250,000 $203,620 Oct-17
Urban Garden (Active Adult)
Spectrum
“Village at Concord Mills
Mallard Creek Rd” North Charlotte Multifamily 28.46 $6,380,000 $224,174 Aug-17
Garden
Stonehenge Investment Advisors
“Noda Stonehenge
Philemon Ave” NoDa Multifamily 9.88 $8,750,000 $885,628 Jul-18
Urban Garden
Taylor Morrison
“Taylor Morrison Fort Mill Site
Doby’s Bridge Road” Fort Mill Single Family 112.00 $10,500,000 $93,750 Mar-18
TCR
“Alexan Tompkins Mill
840 E 18th St” NoDa Multifamily 2.40 $5,331,500 $2,221,458 Aug-17
wrap
The Sterling Group
“Ascent at Mallard Creek
13097 Mallard Creek Rd
“ North Charlotte Multifamily 14.50 $2,899,000 $199,931 Nov-17
garden
True Homes
“Greenbrier Phase II
S Potter Rd” Waxhaw Single Family 45.00 $1,897,500 $42,167 Oct-17
Inter-company sale of Phase II of Greenbrier. Utilities and roads stubbed at time of sale.
“Greenbrier Phase III
S Potter Rd” Waxhaw Single Family 69.00 $3,840,000 $55,652 Jan-18
Inter-company sale of Phase III of Greenbrier. Utilities and roads stubbed at time of sale.
White Lodging
“JW Marriott
Stonewall and College” Uptown Hotel n/a $6,300,000 n/a Dec-18
Part of the Ally Charlotte Center Block. Condo unit
White Oak Real Estate Advisors
“Arrowood Station
801 East Arrowood Road” Airport Office-Call Center 12 $3,830,000 $324,301 Apr-17
Converted Wal-Mart building; single-story call center/creative office delivering in December 2017; $15 NNN asking rent; 8/1,000 SF parking
Wood Partners
“Alta Purl II
13th & N Davidson” NoDa Multifamily 3.13 $5,500,000 $1,760,000 Sep-18
wrap
“Wood - Optimist Park
North Brevard St and East 25th St” Optimist Park Multifamily 3.40 $5,300,000 $1,558,824 Mar-17
mid rise wrap
Woodspring
“Woodspring Suites Matthews
1424 Matthews-Mint Hill Rd” Matthews Hotel 3.90 $906,500 $232,436 Apr-17
York Development Group
Moss Road Steele Creek Office/Retail 2.80 $1,922,000 $686,429 Mar-18
ZOM Living
“Hazel SouthPark
4401 Barclay Downs Drive” South Park Multifamily 2.70 $13,200,000 $4,888,889 Oct-17
