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Old Posted Nov 10, 2019, 1:12 AM
Rhodium Rhodium is offline
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Join Date: Feb 2018
Posts: 150
A $40 million hotel, along with offices and shops are coming to midtown Charlotte

The developer behind a plan to revamp 7 acres in midtown Charlotte unveiled details Wednesday for the next phase of the project, which will include a hotel, offices and shops.

Pappas Properties said it will build a $40 million, 150-room Tapestry by Hilton Collection hotel with a rooftop bar across from Pearl Street Park. It’s the first Charlotte location for that Hilton brand, launched in 2017.

Pappas also announced plans to build up to 210,000 square feet of office space and 20,000 square feet of ground-floor retail and restaurant space at the corner of Kenilworth Avenue and Pearl Park Way. The height and number of office buildings that could be developed will vary depending on demand, said Peter Pappas, founder and CEO of Pappas Properties.
Pappas expects construction of the office and retail building and hotel to start in the third quarter of 2020, around the same time that work on the Atrium buildings is expected to wrap up.

Ashley Fahey
Nov 6
The midtown site that was once home to the CRRA’s old building and surface parking could get a lot more dense in the coming years.

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