A high-profile trio of developers is trying to convince a Charlotte-area local governing board to okay a significant zoning request. The team of Jamestown, North American Properties and Nuveen Properties is hoping to change the current Huntersville zoning for a property at Birkdale Village to allow for a $180 million project that would include a 125-room hotel, 150 apartment units, 122,000 square feet of office space and 26,000 square feet of retail.

The new office building, which includes ground-floor retail space, would be developed at the site of Birkdale’s existing Barnes & Noble store.

The 150-unit multifamily project would be developed at the current site of Dick’s Sporting Goods. That building would also include ground-floor retail space. Plans available in town records show that a new parking deck would be developed behind the office building. The hotel would be built across from it.

Partners Real Estate has brought on Atlanta Land Sales brokers Matt Hawkins, Pierce Owings, and Sarah Morgan. Their role is to grow the firm’s land sales practice in Atlanta.

Since opening in June 2024, the company’s newest office is now more than 20 brokers strong and boasts expertise across the gamut of commercial real estate offerings, including Office Tenant Representation, Office Agency Leasing, Industrial Services, Development, and now Land.

Hawkins , who came from Cushman & Wakefield, arranged over $2 billion in transactions, and facilitated the land sales for projects that shaped the region such as Truist Park, The Battery, and Rowen to name a few.

Pierce Owings, who also came from Cushman & Wakefield, joins as an Equity Partner. Owings delivered sites now home to Madison Yards and 99 West Paces.

Sarah Morgan will serve as Senior Associate. Sarah joined the land team in 2023 after working as a Senior Consultant at Deloitte.

Levine Properties, Northwood Ravin and Horizon Development Properties are working together on a $500 million redevelopment of the former Providence Square shopping center (photo). The total site encompasses 113 acres at the intersections of Old Providence and Providence roads and Sardis Lane. Plans for the project call for a combined 2,200 apartments and townhomes, 180,000 square feet of retail and 45,000 square feet of office space.

The Charlotte Business Journal reports all three developers own separate parcels and each will be approved together. The City of Charlotte and Mecklenberg County have offered up tax incentives.

Horizon will redevelop Gladedale Homes with up to 350 multifamily units and up to 50 single-family homes, with no more than 380 total units. The residences will be a mix of affordable, workforce and market-rate housing.

Plans for Northwood Ravin’s 20 acres include 650 multifamily units, 80 single-family attached townhomes and 15 single-family lots.

Levine will redevelop 85 acres with a mix of single-family and multifamily residences, up to 1,112 units. The developer will also build a grocer store.

Harrison Street has sold three senior living properties, Clarendale of St. Peters, Clarendale of Chandler and Clarendale at Indian Lake, to Inland Real Estate Group. Chicago-based Harrison Street developed the three high-end senior living communities located in St. Peters, MO; Chandler, AZ; and Hendersonville, TN in a joint venture with Ryan Companies and Life Care Services.

The properties comprise 635 senior living units and are 92% leased. Although the sale price was not disclosed, published reports last year said Harrison Street sold another Clarendale-branded property in Algonquin, IL to Inland for $63 million, or roughly $338,000 per unit.

“The successful sale of these properties highlights the ongoing investor interest in gaining exposure to high-quality senior living assets at a time when there are few institutional quality portfolios in the market and new construction is at a 10-year low,” said Ben Mohns, head of asset management – North America at Harrison Street. “We are committed to working with partners to develop top-tier senior housing communities that address the evolving needs of our aging population, and then identify the optimal time to engage in portfolio sales to generate liquidity on behalf of our investors.”

Pictured: Clarendale of St. Peters.

Newmark closed the $16.15-million sale of a multifamily portfolio, known as Westside Trio. Located in highly sought-after neighborhoods of West Los Angeles, the portfolio sold for a blended price per unit of $425,000 and blended price per foot of $573. The offering includes properties at 1823 N. Fuller Ave. in Los Angeles, 8730-8736 Holloway Drive in West Hollywood and 1335-1351 Manhattan Beach Blvd. in Manhattan Beach. 

Managing Director Anthony Muhlstein, Senior Managing Director Chris Benton, Co-Head of US Capital Markets Kevin Shannon, Vice Chairman Ken White and Senior Financial Analyst Gabe Munson represented the seller, Chishima Real Estate. The buyer was SLH Investments.   

“Shifting local policies are creating attractive acquisition opportunities in key areas of Los Angeles,” said Muhlstein “Securing three prime assets in West Hollywood, the Hollywood Hills and Manhattan Beach is a rare opportunity in a highly competitive market.”  

D.A. Davidson’s Development Finance Group, J.P. Morgan and co-manager Truist Securities secured $575 million in financing for Centennial Yards, the 50-acre revitalization project set to transform “The Gulch” district in Atlanta.

The bonds were issued through the Atlanta Development Authority and consisted of $219 million in Senior Revenue Bonds secured by property tax increment within the Westside Gulch and $356 million Convertible Capital Appreciation Economic Development Certificates secured by a 5% EZ Fee (similar to sales tax) to be collected within the Centennial Yards project.

Centennial Yards will feature a mix of residential, commercial, retail and entertainment spaces. The project will ultimately deliver over 2,600 residential units, with 20% designated as affordable housing. Nearly 3,000 hotel units, ranging from full-service to boutique offerings, will complement more than 900,000 square feet of retail and entertainment space, including a flagship hotel and an entertainment district.

The buildout is expected to add more than 5.7 million square feet of mixed-zoned residential, commercial and retail space to downtown Atlanta, with final delivery expected by 2030.

Braves Development, SK Commercial Realty and Goldenrod Companies have joined forces on a mixed-use development in Cobb County, not far from the home of the Atlanta Braves, Truist Park.

The Henry will include about 650 apartments, 54 condos, a 250-key hotel and retail.

The project is expected to open at the end of 2026 or early 2027.

The Atlanta Business Chronicle reports two towers make up the project. Tower I will include the apartments and condos, and will likely be finished first. Tower II will include the hotel which will be part of the Autograph Collection by Marriott International.

Planned amenities at the hotel include a rooftop bar on the 19^th floor, a steakhouse and bar in the lobby, an infinity pool and a fitness center. The hotel also will have a conference and banquet center with breakout rooms, as well as areas for retail and pedestrian bridges.

Goldenrod and its partners will own the hotel.