West Charlotte neighborhoods near uptown, like Wesley Heights and Seversville, are seeing an influx of investment, particularly in rehabbing old industrial buildings.
What’s happening: An Atlanta developer is transforming a collection of four warehouse buildings off Tuckaseegee and Thrift roads into offices and retail. It’s disorienting how different the landscape in that area is now.
Details: The $80 million project, which is being marketed as “Lower Tuck,” includes two properties on Jay Street, plus two on Gesco Street.
- The first phase will have 260,000 square feet of office, showroom and retail space when complete.
Hank Farmer, a partner with developer Third & Urban, tells me the firm is putting the finishing touches on the project, like murals and signage.
What’s next: Third & Urban has made other acquisitions and is working on expanding its footprint in the area, Farmer said. But he declined to share specifics on future phases of the project.
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