1,200-acre Berewick Expands with Single Family and Retail
By Eliza Theiss, Associate Editor
Pappas Properties, the company behind the 1,200-acre master-planned Berewick community has teamed up with Lennar Corporation for a 68-acre expansion to the Southwest Charlotte community. Per the terms of the agreement, Lennar will build single-family homes in the Village of Aberdeen component of Berewick as well as a pool, open for all Berewick residents. Lennar’s homes, priced from the low $200,000s, will range between 2,200 and 3,500 square feet and feature four to six bedrooms. Lennar homes developed in the Village of Abernathy neighborhood of Berewick featured lofts, bonus rooms, and designer upgrades such as granite countertops, ceramic tile, hardwood floors and staggered cabinetry.
Pappas Properties VP, Marketing, Brian Roth managed the marketing of the site acquired by Lennar. According to The Charlotte Business Journal, a Pappas affiliate acquired the site from a partnership controlled by Sarah Belk Gambrell, one of the largest Metrolina landowners, paying $2.4 million in February 2014. The targeted groundbreaking at the moment was touted as the third quarter of 2014.
Lennar’s single family homes aren’t the only new development kicking off at Berewick. Developer Pappas Properties intends to break ground by the end of the year on Berewick Town Center, a Harris Teeter-anchored shopping complex also featuring neighborhood shops, restaurants, services and on-street parking. Located at the corner of Steel Creek and Shopton West roads, the development will feature a design reminiscent of the area’s Scottish heritage. Town Center’s future phases also include townhomes, apartments and professional and medical office space.
Upon completion, pedestrian- and bike-friendly Berewick will comprise multiple single family neighborhoods, an employment campus with an office and business park, a town center with retail and multifamily housing, over 300 acres of green space , Mecklenburg County’s largest district park, offering 195 acres of sports fields and trails and the 6-acre, 5,200 Manor House containing community amenities such as a fitness room, swimming pools and meeting space.
Image courtesy of Pappas properties via Berewick.comTags: Acquisitions/Dispositions, Apartments, Architecture/Design, Berewick, Berewick Town Center, bike-friendly, Brian Roth, Brokers, Charlotte Lead Story, Charlotte Metropolitan Area, Charlotte retail, Charlotte single family housing, community amenities, community amenity center, Condo, Co-op, HOA, Consumer, Developers, Development, district park, Finance/Investment, Financiers, Harris Teeter, Investors, Lennar Corporation, Local, Manor House, master-planned community, medical office space, mixed-use, multi-family, multifamily housing, National, Office, office space, Owners, Pappas Properties, pedestrian-friendly, Regional, Residential, retail, retail center, Sarah Belk Gambrell, single family homes, single family neighborhoods, single-family, Southwest Charlotte, townhomes, Village of Aberdeen, Village of Abernathy