Local

Savona Mill’s transformation into office, retail space nearing completion

Turner Ave Construction on the mill at 528 S. Turner Ave. began last February (Charlotte Business Journal)

CHARLOTTE — Portman Holdings is just months away from wrapping up redevelopment of Savona Mill, an adaptive-reuse project in Charlotte’s historic West End.

Construction on the mill at 528 S. Turner Ave. began last February. The first phase is expected to deliver in June and will include 180,000 square feet of office space and 14,000 square feet of ground-floor retail, a rooftop deck, an outdoor plaza that leads to an amphitheater for live music and public community events.

The project also includes a two-phase multifamily development. The first is a 321-unit apartment community under construction now that’s expected to deliver in the third quarter of 2024. Construction on phase two, a 329-unit apartment community, will begin as the first phase nears completion.

Travis Garland, Portman Holdings managing director for office, said potential office and retail tenants began touring the site in early winter, though no leases have been signed. Retail interest, in particular, has already surpassed expectations. He said the majority of retail tenants will likely be food and beverage. They’re also working on curating less expensive retail space on the basement level for smaller, more local tenants.

Keep reading and check out photos here.

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