East Charlotte Redevelopment Project Underway

2018-05-02T18:08:19+00:00 May 2nd, 2018|Uncategorized|

Selwyn Property Group and SunCap Property Group have started construction on their new 60,000 square-foot retail redevelopment. This 13.6 acre site is situated at the new interchange off of Independence Blvd., and is bounded by Monroe and Idlewild Roads, and Long Avenue. The project has been named MoRA Point, paying homage to the nearby branded neighborhood along Monroe Road.

MoRA Point will be anchored by a 22,000 square-foot Aldi grocery store. Other retail tenants will include a coffee shop, gas station, and other service related commercial uses. The property was rezoned in 2017, and Selwyn and SunCap closed on the site earlier this year. Jensie Teague, with Selwyn, said in a statement that the redevelopment will bring neighborhood retail back to a “fast-changing and underserved area” with a dense population. We will keep you updated as this project progresses!