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“Developers Consider Mixed-Use Project for Brookhill Village”

"Developers Consider Mixed-Use Project for Brookhill Village"

The development team of Griffin Brothers Property Services and Quore Real Estate Advisors is seeking to rezone 24 acres in Brookhill Village, located along Remount Road on the outskirts of South End in Charlotte. This rezoning would allow for a diverse range of uses, including commercial, retail, and additional multifamily developments.

According to the Charlotte Business Journal, it has taken Griffin Brothers and Quora approximately 1.5 years to clear the site of vacant residential units and rehabilitate the remaining 100 units.

Out of these renovated units, 20 will be designated as transitional housing for families and individuals at risk of homelessness.

Brookhill Village is currently an affordable housing community owned by Brookhill Land Lease Ventures. However, their ground lease agreement expires in 2049 when ownership reverts back to its original owner. In March 2022, Griffin Brothers took over ownership of this land lease.

The developers are now considering a mixed-use project for Brookhill Village that would take advantageof this newly acquired land lease.

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