Konover South is set to begin the vertical construction of Shoppes of Madison Place, a 32,000 square foot upscale retail center in Charlotte on November 2nd.
A Konover South subsidiary purchased the property in October 2019. Southside Constructors, Inc., out of Charlotte, is the General Contractor, and a $10 million construction loan was provided from Ameris Bank.
Located on Steele Creek Road near I-485 in the fast-growing Berewick area of southwestern Charlotte, the new development is scheduled to open in the Summer of 2021, and tenants include Outback Steakhouse, Verizon Wireless, Tropical Smoothie Cafe, Nothing Bundt Cake, Pacific Dental, Pearle Vision, Encore Nails and Chicken Salad Chick.
In making the announcement, David Coppa, CEO of Deerfield Beach-based Konover South, said, “We are very pleased to begin vertical construction on our first project in the wonderful state of North Carolina. Even with the challenges of today’s retail environment, we have been very happy with the tenant interest given the location of this project in the growing Berewick area and the nearby large-scale employment base. There is also a new 230 apartment complex under construction directly adjacent to our project and expected to open late 2021.”
For leasing information, contact Margot Bizon at 704-654-2845 or firstname.lastname@example.org.
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.