Green Light for Sharon Square Phase 2

Pappas Properties and Allen Tate Co broke ground on the second phase of the multi-use Sharon Square, at the corner of Sharon and Fairview Roads, adjacent to Phillips Place in the SouthPark market. The property will include 239 apartments and 22k SF of retail on its first floor. According to Pappas Properties' Peter Pappas, negotiations are under way with ?several retail prospects that are new to the market.? Look for retail and restaurants to open fall 2013. 

Here's the Charlotte Whole Foods when it first opened for business in late August. The momentum driven by Charlotte's first Whole Foods has created significant demand in all aspects of Sharon Square, Pappas tells us. The customers  that it brings, coupled with the strong demographics of the SouthPark market and the limited amount of space, drive demand for more restaurant and shop space.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Developer Buys Land For Active Adult Apartments Near Novant Health Hospital

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Inter Miami Stadium Subcontractors Sue Over Millions In Unpaid Work

Meet The Women Pushing Boundaries In UK Development

Despite Foreclosure Litigation, Kaufman Astoria Studios Is Bouncing Back

How Flash Is Turning Parking Into A Performance Asset For CRE Owners

Howard Hughes Texas President Jim Carman To Step Down

JLL Taps Mark Gibson For Newly Created U.S. CEO Role