(December 6, 2016)
A company is seeking to rezone about 25 acres in fast-growing Steele Creek for a new development that could include apartments, a grocery store, shops, a hotel and offices.
The rezoning petition was filed Nov. 22 by Leon Capital Group, which recently opened a Charlotte office to expand locally. The Dallas-based firm invests in and develops a variety of real estate types, including apartments, restaurants and grocery stores.
According to documents filed with the city, the 25-acre site is located on the east side of Steele Creek Road, near Dixe River Road. That’s across from the still-growing Berewick development and near the Charlotte Premium Outlets mall.
The development, called Steele Creek Crossing, would be built on land that’s mostly vacant or occupied by single-family houses. The site would include:
▪ Up to 85,000 square feet of shops and restaurants, including a grocery store, and office space.
▪ Up to 105 hotels rooms.
▪ Up to 200 multifamily residential units.
Brian Nicholson of Leon Capital Group couldn’t immediately be reached for more information about the project. Charlotte City Council will hold a hearing on the plan and vote on it in the coming months.
Steele Creek is booming, with plans to add more than 1,000 new apartments, townhouses and single-family houses, on top of construction already underway along busy corridors such as Steele Creek Road, South Tryon Street and Shopton Road West.
All that growth has led to worries about traffic in the area, as main roads become more congested.
This article originally appeared in the Charlotte Observer, December 2016.