A Charlotte man and his firm, Ram Realty Advisors, have just announced the purchase of a 45.7 acre “once-in-a-generation development opportunity” in Charlotte’s rapidly growing LoSo area.
The property includes a total of 14 buildings with a combined 377,152 square feet running along Clanton Road between I-77 and South Tryon.
According to a press release from the Charlotte firm, they’re filing a petition with the city to rezone the property from ‘Office’ to ‘Transit-Oriented Development’.
If approved, they plan on developing the site into a massive mixed-use project with office, hotel, residential, retail, and green spaces within walking distance to the light rail (the rezoning would allow for buildings up to 100 feet tall).
Ram Realty Advisors is thrilled to acquire the South End Business Park in Charlotte NC, a property with tremendous redevelopment potential. Read more on our website! https://t.co/Ck091GDYJI#peoplemakingplaces #commercialrealestate #charlottenc #charlottesouthend
— Ram Realty Advisors (@RamRealtyAdviso) November 18, 2022
What do you think about the new project?
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