July 17, 2018 – Ashley Fahey, Charlotte Business Journal
The second — and final — office building at the Waverly mixed-use development in Charlotte has reached its midway point of construction.
Waverly joint-venture partners Childress Klein, Crosland Southeast and the B. Frank Matthews II family, along with other partners in the project, celebrated the topping out of The Nexus, a six-story, 154,000-square-foot office building within the 90-acre development in south Charlotte. Childress Klein, which is heading up the office portion of Waverly, delivered a similar building, The Hub, last year.
Paul DeVine, partner at Childress Klein, said work began at Waverly four years ago. In total, Waverly includes the two office buildings, 250,000 square feet of retail, a Hilton Garden Inn hotel that opened earlier this year, two medical office buildings, 375 apartments by Terwilliger Pappas and 150 single-family homes and townhouses by David Weekley Homes.
The Remi Group, a business management consultant, signed on as the first tenant at The Nexus, taking 33,000 square feet at the building for its headquarters. The Nexus is expected to deliver in April.
“Our journey has been a long one,” said Brent Howison, president of The Remi Group. He said the company long ago outgrew its space in Ballantyne, where it currently operates, and even considered moving to South Carolina at one point.
Howison said he liked that employees, if needed, could run errands at retailers like CVS or Whole Foods Market during their lunchtime break because of Waverly’s layout and mixture of uses.
“Time is money and I love the idea that … they don’t have to do that after work or on the weekends,” he added.
Mayor Vi Lyles — fresh off a headline-grabbing City Council meeting Monday afternoon that authorized, in a 6-5 vote, the city to move forward with its bid to host the 2020 Republican National Convention and was followed by the council’s monthly zoning meeting — was in attendance at the topping-out ceremony.
Lyles spoke briefly, saying she had been working “10 days straight” but wanted to come out for the topping out because she had seen the groundbreaking for Waverly a few years back.