High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Atlanta & Southeast  + Carolinas + Charlotte  + Apartments  | 
SunCap Property Group has purchased 1.64 acres in Charlotte’s Dilworth neighborhood for $13.75 million for a planned 300,000-square-foot mixed-use development

SunCap Acquires Property for Charlotte Mixed-Use Development

SunCap Property Group has purchased 1.64 acres in Charlotte’s Dilworth neighborhood for $13.75 million for a planned 300,000-square-foot mixed-use development. The purchase includes a building housing Starbucks at 1401 East Blvd., 4244 Scott Ave., 1405 E. Blvd., 1718 Fountain Drive and the Key Man Building at 1409 East Blvd.

The planned $90 million project includes up to 300 residential multi-family units plus 20,000 square feet of office space and 15,000 square feet of retail space.

SunCap previously filed a rezoning application in March, which was approved in May, to allow for the residential units. Once construction is underway, it is expected to take about a year and a half for the project to be delivered.

SunCap has made a significant investment in Charlotte, with developments including Draper Place Townhomes, Draper Place, 550 South, and MoRA Point.

Connect

Inside The Story

SunCap Property Group

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action
New call-to-action