KONOVER SOUTH LAUNCHES NEW PROJECT IN NORTH CAROLINA

DEERFIELD BEACH, Fla. (March 9, 2022) – Konover South is pleased to announce the acquisition of approximately a half-acre of land in the South Slope neighborhood of Ashville, North Carolina. The deal was completed on May 9th in a partnership with  Brett Krueger and Ryan Israel.

Known as District Brewery, the project will include a 25-room hotel, 10 condo units, a rooftop amenity space, and over 10,000 sf of restaurant and retail space. Project design is already underway and an anticipated construction start in April of 2023.  District Brewery is expected to open in the Fall 2024.

With over 11 million visitors to the area each year, Asheville has secured itself as a world-class destination for all ages. It has also developed a reputation for being one of the top brewery spots in the world. Continually recognized as Beer City, many visitors come for the walkability factor of its downtown area.

The hotel will be the closest hotel to historic McCormick Field, the home field of Minor League Baseball’s Asheville Tourist, which hosts over 80 annual events drawing over 200,000 guests.

At the helm as CEO of Konover South since 2010, David Coppa has transformed the venerable 62-year-old family business into a recognized leader in retail infill ground-up centers primarily in Florida’s core markets. Coppa is now in his 20th year in the family business begun by the legendary Simon Konover in 1957.

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 since 1957. 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.

View the current Konover South portfolio here.


 

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