Konover South acquires 5.3-acre site in Charlotte MSA; to break ground on ±10,000-sq.-ft. Cuthbertson Crossing retail project in Q4 2025
DEERFIELD BEACH, Fla. (June 24, 2025) – Konover South is pleased to announce the acquisition of a prime 5.3-acre parcel in the Town of Waxhaw, North Carolina. Located on Providence Road South (Hwy 16) in the rapidly growing southwestern corridor of the Charlotte MSA, Cuthbertson Crossing was purchased from Charlotte-based Carolina Capital.
In making the announcement, Chris Witker, Executive Vice President of Development, said, “Cuthbertson Crossing is slated to include a variety of high-quality retailers, including national coffee and quick-service restaurant (QSR) brands.”
Current leasing efforts are focused on the final 1.78-acre outparcel, with plans to break ground on the retail project in the fourth quarter of 2025.
Located within the dynamic Charlotte metropolitan area, tenant demand for the project has been extremely strong. The demographics surrounding Cuthbertson Crossing are compelling, with a population of 80,928 within a five-mile radius and an average household income exceeding $200,000.
The site offers excellent access and visibility and is positioned in the heart of Waxhaw’s commercial corridor—neighboring prominent retailers such as Aldi, Harris Teeter, Lowe’s Home Improvement, the future Lowes Foods, Walmart Neighborhood Market, and other national brands.
Witker added, “Konover South is excited to continue expanding its footprint in North Carolina. Our commitment to the Charlotte market began six years ago with the development of the Shoppes of Madison Place, a 32,000-square-foot retail center. Our conviction for the Charlotte region has never been stronger, and we look forward to announcing several new area projects in the coming months.”
Click here for more information about leasing at Cuthbertson Crossing.
At the helm as CEO of Konover South since 2010, David Coppa has transformed the venerable 68-year-old family business, begun by the legendary Simon Konover in 1957, into a recognized leader in retail infill ground-up centers, primarily in Florida’s core markets.
Built on a legacy of family tradition spanning three generations, Konover South continues the successful track record of The Simon Konover Organization, an industry-leading real estate company. Konover South is a fully integrated acquisition, development and management company operating throughout the southeastern United States. Led by David Coppa, CEO, Konover South LLC is headquartered at 431 Fairway Drive, Deerfield Beach, Fla., phone 954-354-8282. Visit the company’s website at www.konoversouth.com.
| 431 Fairway Drive, Suite 201 Deerfield Beach, FL 33441 Phone: (954) 354-8282 Fax: (954) 354-8283  |
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