CHARLOTTE, N.C. — A nearly 50-acre site in southwest Charlotte where a prison once operated now appears to be slated for a new industrial project.
Exeter Property Group, a real estate investment manager based in Conshohocken, Pennsylvania, recently filed a rezoning request for a roughly 47.5-acre property at the southwest corner of Billy Graham Parkway and West Tyvola Road, the former Charlotte Correctional Facility site. The rezoning petition calls for I-1, the light industrial zoning district, instead of its current designation, R-22 MF, or multifamily development of up to 22 units per acre.
An Exeter leasing flyer for 4101 Meadow Oak Drive, the site’s address, indicates the firm plans to develop about 500,000 square feet of industrial space, split between two buildings.
Read more here: http://bizj.us/1pqk32
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