Developers plan $30 million north Charlotte project with five-story hotel, commercial space

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near northlake mall charlotte

Construction on a $30 million project in north Charlotte should start in the first quarter of 2019, the Charlotte Business Journal reports.

That project will meld retail and hospitality, with plans calling for a five-story, 125-room hotel and 29,600 sq. ft. of commercial space for retail and fast-casual restaurants, says Trent Gustafson, president of Gustafson Partners Commercial Real Estate.

The project achieved rezoning approval earlier this month.

“We’ve been pursuing this tract of land for a number of years,” Gustafson says. “That intersection is ground zero for the Northlake Mall trade area.”

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