Category: News
Terwilliger Pappas officially announces new venture
by Will Boye
We told you about this last month, but today Charlotte developer Peter Pappas and Ron Terwilliger, the former CEO of Trammel Crow Residential, official …
Peter Pappas honored as SouthPark Citizen of the Year
by Will Boye
Developer Peter Pappas is the fifth recipient of the award given by the SouthPark chapter of the Charlotte Chamber.
Wine bar Corkbuzz confirms location in Charlotte’s SouthPark
by Jennifer Thomas
Plans call for a roughly 2,000-square-foot wine bar and restaurant, plus an outdoor patio, in Sharon Square.
Dressler’s owners to debut new restaurant at Waverly
by Jennifer Thomas
Add a new restaurant concept by husband-and-wife team Jon and Kim Dressler to the tenant list at Waverly.
Sharon Square wins honors for office, mixed-use categories
by Will Boye
The five-story Sharon Square office building is the first office project to be constructed in SouthPark since 2007, when Piedmont Town Center was finished.
Pappas Properties breaking ground on Berewick Town Center
by Will Boye
The retail center in Charlotte’s Steele Creek area will be anchored by a Harris Teeter store and will also include a Walgreens, a hotel and retail and restaurant space.
Solis Sharon Square apartments 70 percent leased
Terwilliger Pappas‘ newest apartment development – Solis Sharon Square – is about 70 percent leased, developer Peter Pappas told me on a recent tour of the property.
The upscale mixed-use development has also leased about half of its retail space, with restaurant Dogwood Southern Table open and Corkbuzz and Rusty Bucket to follow by June. The development also includes Charlotte’s first Whole Foods and SunTrust’s regional headquarters.
Solis Sharon Square is the first Solis development in Charlotte. Terwilliger Pappas is building a second Solis Dilworth and a third Solis Waverly in southeast Charlotte, and just got rezoning approval for a fourth Solis in Ballantyne. The company is also building Solis developments throughout the Southeast, including in Raleigh, Durham and Atlanta.
Solis Sharon Square has leased 167 out of 239 units. Pappas said two-bedrooms have been especially strong. The Latham building is fully leased, and the Graham building is still leasing as workers finish the final common spaces.
“It’s good, very good,” said Pappas. A 1-bedroom starts at $1,615 a month, while a 2-bedroom starts at $1,985.
Two-story Starbucks under construction in SouthPark
by Ashley Fahey
The 2,400-square-foot building, expected to be complete by early 2017, will include craft beer and wine in addition to the retailer’s coffees and teas.
Wealth management firm signs lease for Sharon Square offices
by Ely Portillo
A wealth management firm has signed a lease for part of the fifth floor of the SunTrust office building at Sharon Square in SouthPark, Pappas Properties and Allen Tate Company said.
Second Half Strategies will take 2,888 square feet of the office building, part of a mixed-use development that includes a Whole Foods, apartments and restaurants.
“We are pleased to bring Second Half Strategies to the SunTrust Building at Sharon Square,” said Peter Pappas, CEO and founder of Pappas Properties, in a statement. “Second Half Strategies has a strong reputation consistent with the caliber of tenants we are targeting.”
Charley Leavitt and Stephen Woodward of JLL marketed the property, while Patrick McCoy of Newmark represented Second Half Strategies.
The upscale Solis apartments at Sharon Square are more than 90 percent leased, Pappas said.