Upscale home décor and gift boutiques expand development’s offerings
Charlotte, N.C., May 24, 2016 – Charlotte-based commercial developers Crosland Southeast and Childress Klein announced District 5 Interiors, Simply Grand! and Mattress Firm as new tenants for the 90-acre Waverly development near the intersection of Providence and Ardrey Kell roads in South Charlotte.
“Southerners take great pride in their homes and hospitality,” observed Chris Thomas, partner at Childress Klein. “We are excited to bring in upscale, locally owned businesses like District 5 Interiors and Simply Grand! for those neighbors who wanted a gift boutique and high-end fashionable home furnishings at Waverly.”
District 5 Interiors specializes in quality, casual lifestyle furniture and accessories, with an eclectic blend of transitional, industrial and mid-century modern styles. The original District 5 Interiors opened at 628 W. Morehead St. in March 2015, and Waverly will be its second location, covering 2,400 square feet. District 5 is owned by Ginger and Gregg Goff, who have more than 30 years of experience in fashion and design. The Goffs also own Details Home Boutique at Park Road Shopping Center, which opened in 2008.
Simply Grand! will provide a unique shopping experience featuring Southern style, coastal influence and popular trends, including clothing for men, women and children; boutique accessories; special occasion items; seasonal décor; and decorative accents for gift and home within their 2,630-square-foot space at Waverly.
Mattress Firm was also announced as a new tenant and will occupy a 4,018-square-foot outparcel facing Providence Road, adjacent to CVS.
Gwen Glaeser and Tommy Trimble with Foundry Commercial represented the landlord, Alan Marshall with The Keith Corporation represented District 5 and Ross Waters with Atlantic Retail represented Mattress Firm.
District 5 Interiors, Simply Grand! and Mattress Firm join more than 25 other retail shops and restaurants that have signed, including a 40,000-square-foot Whole Foods, Waverly’s retail anchor, and 22,000-square-foot medical office anchor Novant Health, which opened last November, offering an urgent care and family healthcare, including pediatrics, physical therapy and other services.
Previously announced tenants include:
The first tenants at Waverly are expected to open this fall, with Whole Foods opening in early 2017. To see Waverly’s interactive site plan, which includes the locations of announced tenants, visit www.waverlyclt.com/interactive-siteplan.
Homebuilder David Weekley Homes has opened for sales and construction has begun in the builder’s newest South Charlotte community. Since officially opening in February, David Weekley has sold 16 homes and will have homeowners moving into Waverly this month. Starting from the $480s, the Executive Collection includes seven floor plans from 2,800 to 3,900 square feet. Priced from the $395s, the Village Collection offers buyers six floor plans to choose from, ranging in size from 2,300 to 3,100 square feet. Construction on the builder’s Waverly Townhome Collection will begin in late summer 2016.
The first apartments and amenities of Solis Waverly will be complete this month, including the resident lounge, fitness center and clubroom, which features a game room, media area and rotunda reception area. Solis Waverly will welcome its first residents by the end of May. Developed by Terwilliger Pappas Multi-Family Partners and Federal Capital Partners®, Solis Waverly is a 375-home apartment community that blends distinctive architecture and landscaping with amenities totaling more than 10,000 square feet. An expansive fitness and exercise studio, resort-style pool with bar and pet park complements conference and club rooms for socializing and games. Attached and detached garages are offered as an option. Designed by The Preston Partnership, Solis Waverly’s master plan comprises 10 buildings, three of which include elevators.
Waverly is a multi-use, pedestrian-friendly, master-planned development, which is a joint venture between Childress Klein, Crosland Southeast and the Matthews family. Located just south of I-485 at the intersection of Providence Road and Ardrey Kell, this 90-acre project affords the residents of South Charlotte an inviting place to dine or shop. The 250,000 square feet of retail will be anchored by Whole Foods Market and have a focus on restaurants and outdoor dining. In addition, the project will provide two six-story buildings offering Class A office space for corporations to locate in a neo-traditional environment and separate medical office buildings.
The development will also offer approximately 375 upscale apartments called Solis Waverly on 18 acres, built by Terwilliger Pappas Multifamily Partners and Federal Capital Partners®. David Weekley Homes will build approximately 150 single-family homes and townhomes over 18 acres for residents who wish to purchase a home in a walkable community.
Waverly is located on the site of the former Matthews Family Farm. The Matthews family personally chose partners Childress Klein and Crosland Southeast to develop the land. The property has been in the Matthews family since 1860, when it was gifted to Sarah Houston by her parents as a wedding present upon her marriage to William McGill Matthews.
Neighbors can stay up to date about the development at www.waverlyclt.com.
About Crosland Southeast
Crosland Southeast and its partners have a long history of developing and leasing award-winning retail and mixed-use developments throughout seven southeastern states. The six Crosland Southeast partners previously served as executives of the 74-year-old Crosland LLC, and have a combined 135 years experience in the shopping center industry.
Today, Crosland Southeast perpetuates excellence with its emphasis on retail acquisitions, advisory services, single-tenant development and the development of high-quality retail and mixed-use properties which epitomize placemaking at its finest. During their careers, the executive team has developed more than 24 million square feet of projects. For more information, visit www.croslandsoutheast.com.
About Childress Klein
Childress Klein has been in business in the southeastern United States since 1978. Throughout Virginia, North and South Carolina, Georgia and Florida, Childress Klein has been responsible for the development of over 40 million square feet of office, industrial, retail and multifamily properties. The company is active in markets across the Southeast through offices in Charlotte and Atlanta.
As one of the largest real estate developers in the Southeast, Childress Klein has experience in a wide range of projects – from small flex buildings to multi-million-square-foot distribution parks, from small, freestanding retail buildings to large, multi-phase lifestyle centers and from conveniently located suburban office buildings to 1 million+ square-foot, high-rise urban office towers. Childress Klein has also developed Class A+ apartments and self-storage facilities in prime submarkets in high-growth cities. With a portfolio of approximately 40 million square feet and more than $1 billion in assets, Childress Klein has the resources to undertake any size project. For more information, please visit www.childressklein.com.