CHARLOTTE, N.C. — Beacon Partners is readying another commercial project in a booming transit submarket, this time along North Davidson Street.
Charlotte-based Beacon last week acquired the 47,000-square-foot warehouse building at 2226 N. Davidson St., for $4.6 million, according to Mecklenburg County real estate records. The firm said Wednesday it will convert that building, which sits between 25th and 26th streets in the Villa Heights neighborhood, into retail and office space.
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The project will be branded as the North Davidson Co-Operative, or NoDa Co-Op. Beacon will develop a new building envelope and a “flexible” floorplate that can subdivide for tenants as well as add lighting to the interior and new outdoor space, the firm says.
The one-story building, today home to The Fitness Factory, dates back to 1962 and sits on a 2.3-acre site.
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