atlanta real estate news tagged interest

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.