Childress Klein, a prominent real estate developer, has submitted a request to the city of Charlotte for rezoning of a 213,000 square foot office property located at 2101 Rexford Road. This proposal aims to transform the property into an innovative mixed-use development. If approved, this project will feature up to 675 multifamily units and approximately 277,000 square feet of modern office space.
According to reports from the Charlotte Business Journal, Childress Klein acquired this property in June of 2023 for $31 million. The existing building on site is Esplanade at SouthPark which was originally constructed in 1982 and underwent renovations in 2015. Notable tenants currently occupying space include Noble Insurance Advisors, McMichael & Gray and Terrascope Public Relations.
In addition to Esplanade at SouthPark and an adjacent parcel included in this rezoning request is Rexford Park II – another office building spanning over an area of about77 ,000 square feet situated at2115 Rexford Road.
The proposed development plan comprises four buildings along with outdoor amenity areas and green spaces designed for recreational purposes.
Childress Klein has put forth plans for a new mixed-use project that will revitalize the current landscape by redeveloping their recently acquired commercial property located on Rexford Road into modern offices encompassing around213 ,000 sq ft . In order achieve these goals they have requested zoning changes from local authorities within Charlotte’s jurisdiction . Upon approval , it is expected that there will be up-to-date facilities including residential apartments totaling675 units as well as additional workspaces covering approximately277 ,000 sq ft .
As per information gathered by reputable sources such as The Charlotte Business Journal ; Childress Klein made headlines when they purchased said premises back during Juneof2023 paying out$31 million dollars towards acquiring ownership rights . As things stand today; EsplanadeatSouthpark stands tall having been built way back in 1982 and subsequently renovated during 2015 . This building currently houses a number of reputable tenants such as Noble Insurance Advisors , McMichael & Gray and Terrascope Public Relations.
The development plan also includes an adjacent parcel which is home to Rexford Park II ; another office complex spanning over77000 sq ft located at2115 Rexford Road. In addition to these buildings, the project will feature outdoor recreational areas for residents and employees alike along with ample green spaces that are sure to enhance the overall aesthetic appeal of this new development.
