A development team of Griffin Brothers Property Services and Quore Real Estate Advisors is trying to get the city of Charlotte to rezone 24 acres in Brookhill Village along Remount Road at the edge of South End. The zoning designation would give the firms the opportunity to plan and develop a mix of uses there that will likely include commercial, retail and additional multifamily.
The Charlotte Business Journal reports the Griffin Brothers and Quore spent the last 1.5 years clearing the site of vacant residential units and rehabilitating the remaining 100 units.
20 of the renovated units will be used as transitional housing for families and individuals experiencing risk of homelessness.
Brookhill Village is an affordable housing community owned by Brookhill Land Lease Ventures. A 99-year ground lease ends in 2049 when the property and everything on it reverts to original ownership. Griffin Brothers assumed ownership of the land lease in March 2022.
Kim, who was from South Korea, ran a shoe repair shop in metro Atlanta before his retirement.
Barings provided a $134 million loan to refinance the existing loan on Smoky Hollow in Raleigh.
Atlanta is the city that keeps on giving, especially when it comes to reality shows.
Amazon’s data center unit has acquired land outside Atlanta, Georgia.
The Upton, a new luxury development in Chosewood Park, launches an artist residency program offering free rent and a stipend to create community-engaging art under the theme “Grounded-In-Your-Light.”ATLANTA, GA – The Upton, Chosewood Park’s newest luxury multifamily development, is seeking proposals from talented artists across the country to join its residency program, themed “Grounded-In-Your-Light.” Curated by Gallery Residential, a premier property management agency renowned for supporting artists, the 18-month residency offers complimentary rent, expecting artists to create their work and participate in scheduled events three times a month.
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