Aug 18, 2026 - News

Gated-off 15 acre area in LoSo could become walkable destination

Alexandria Sands

Tall wooden utility pole with an orange cap and wires stands beside a lush tree with pink blossoms behind a black metal fence; modern buildings and parked cars line a sunny street. — Off Yancey Road. Photo: Alexandria Sands/Axios

Prominent Charlotte developer Pappas Properties is planning a nearly 15-acre, walkable mixed-use development in lower South End.

Why it matters: LoSo Synergy South, as it's called, will replace a people-less, gated-off site with townhomes, apartments, first-floor retail, restaurants and hospitality uses.

Pappas declined to share the number of buildings, units and other specifics.
The site is on Duke Energy-owned land, across from Terwilliger Pappas' Solis LoSo apartments that opened in 2024. It was formerly Piedmont Natural Gas' Charlotte Operations Center, which moved to a new consolidated location off I-485 in 2025. (Terwilliger Pappas is Peter Pappas' and Charlotte developer Ron Terwilliger's multi-family firm.)

What they're saying: "LoSo has emerged as one of Charlotte's most dynamic growth areas," Pappas Properties said in a statement to Axios. "We see an opportunity with LoSo Synergy South to build on that momentum."

Pappas Properties is behind some of Charlotte's best-known destinations, including Metropolitan at Midtown (home to Trader Joe's and Best Buy) and Sharon Square and Phillips Place in SouthPark.

What's next: Before it breaks ground, Pappas is going through the city's process to rezone the industrial land. It expects city council to vote on its petition Dec. 21.

📍 4405 Yancey Rd.

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Gated-off 15 acre area in LoSo could become walkable destination

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