Waverly developers buy more land nearby for hotel and retail
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The companies behind Waverly in south Charlotte have bought more land across the street.
Crosland Southeast and Childress Klein are in the midst of developing a massive mixed-use project near Providence Road and I-485 called Waverly. The development will be anchored by a Whole Foods but have numerous retail tenants, office buildings, upscale apartments and single family homes.
[Read Agenda coverage of Waverly here]
The two developers have now teamed up to buy 8.5 acres across the street and adjacent to a big Crescent Communities development. Yes, it’s safe to say this area is hot right now.
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The new development doesn’t have a name yet.
But Crosland Southeast and Childress Klein say they will be creating numerous retail buildings, some with a single tenant and some with multiple tenants.
Also look for a hotel on the site.
Crescent’s development next door is called Crescent Providence Farm. The developer broke ground on a 404-unit apartment community there this summer.