Firm marks start of remake of Varnadore Building, an east Charlotte landmark

CHARLOTTE — A real estate investment company will relocate its headquarters to the historic Ervin Building in east Charlotte, it announced today as it broke ground on a project to overhaul that property.

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The Ervin Building — also known as the Varnadore Building — at 4037 E. Independence Blvd. has been a landmark in the Queen City since it first opened its doors in 1965. But for nearly a decade the building sat vacant, until that real estate investment company — Gvest Capital — stepped in with a vision.

Currently based in Pineville, Gvest Capital purchased the property for $750,000 in 2018, according to Mecklenburg County real estate records. It then rezoned the site in 2019, with plans to turn the 1962-era property into an office building with a rooftop bar and restaurant.

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“At the end of the day, I grew up in Charlotte, my family is from here and we saw (the Ervin Building) over the years,” Gvest Capital Vice President Richard Gee said. “It would be a shame to just have it torn down. I think everyone feels that way…To see this come down would have been just a travesty to the history of Charlotte.”

Gee announced during the groundbreaking ceremony his plans for Gvest Capital to move its headquarters to the Ervin Building.

Read more here.

Work to begin on Varnadore building in East Charlotte

(Watch the video below: Work to begin on Varnadore building in East Charlotte)

Work to begin on Varnadore building in East Charlotte

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