South Charlotte News: Details coming on Waverly project

Charlotte Business Journal: Residential developers, Waverly name chosen for $200M project
November 8, 2013
Event: Ballantyne Breakfast Meeting – January 11, 2014
January 9, 2014
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Amanda Harris
South Charlotte News

The developers of the $200 million mixed-use development project at the intersection of Providence and Ardrey Kell roads will share details about the project’s progress, conceptual designs and possible tenants during a community meeting 6 p.m. Jan. 21 at the Charlotte City Council meeting chamber, 600 E. Fourth St.

The goal of the project is to develop the Matthews Farm property owned by the Matthews family in Charlotte.

Matthews Farm was renamed Waverly to embody what the development will stand for, said Julianne McCollum, the project’s public relations, market research and marketing consultant.

“Waverly fit the criteria of a friendly name that brings a Southern casual elegance that is progressive enough to provide a vibrant place to live, work and shop and resonated well with the audience and has really stuck in people’s minds,” she said.

The project’s master developers Childress Klein and Crosland Southeast hope the 90-acre multi-use development will provide residents with a unique area that integrates residential and commercial space.

“It becomes a people place,” said Chris Thomas, partner at Childress Klein.

The developers held a community meeting Nov. 12 in the clubhouse at Providence Country Club at which more than 150 residents shared their thoughts.

So far, the project has received positive feedback, Thomas said.

“People are excited to see some new dining and shopping opportunities,” he said. “There’s tremendous support for the project.”

Since the meeting, the developers have met with the North Carolina Department of Transportation and the Charlotte Department of Transportation and will be reviewing the optimal structure, signal phasing and timing, and most efficient design to minimize the project’s impact on commuter traffic along the Providence Road corridor.

That stretch of road is used by Charlotte commuters who live in Mecklenburg and Union counties.

The development team also offered to pay for a new signal light at Golf Links Drive to allow another east/west connection to Tilley Morris Road and improve connectivity for the existing shopping center, Rea Village.

During the January meeting, the developers will further review their plans to minimize the project’s impact on commuter traffic, Thomas said.

At the meeting, David Weekley Homes, the single-family developer of the 150 single-family homes and townhomes at Waverly, and Terwilliger Pappas Multifamily Partners, the developer of the 375 apartments named Solis Waverly, will share conceptual residential designs for Waverly.

Thomas said they hope the project will “offer something complimentary to what already exists in the (Charlotte) area.”

Amanda Harris is a freelance writer. Have a story idea for Amanda? Email her at amanda.d.phipps@gmail.com.
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Details coming on Waverly project