Allen Tate, John Crosland Partner on SouthPark Hotel Development

FOR IMMEDIATE RELEASE
April 28, 2014
 
 
Allen Tate, John Crosland Partner on SouthPark Hotel Development
 
Long-time Charlotte developers Allen Tate, Jr. and John Crosland, Jr. plan to bring a new hotel development to SouthPark in early 2015. 
 
Tate and Crosland are working with Nashville, Tenn.-based hotel specialist, Chartwell Hospitality, and are in final franchise negotiations with a leading international hotel company. The dual-branded project will feature a limited service and an all-suites hotel, with up to 300 rooms.
 
The development is planned for a 3.65-acre parcel off Sharon Road, directly behind Sharon Corners Shopping Center, that is currently the site of Old Towne Apartments. The 40-unit apartment complex, built in the 1960s by Tate and Crosland, will be demolished.
 
Tate and Crosland will file a rezoning application on April 28, requesting the parcel’s zoning be changed from R-17MF (multi-family residential) to MUDD-O (mixed use with optional provisions). If the rezoning request is approved, the co-developers hope to begin construction in early 2015, with completion by early 2016. 
 
The co-developers have collaborated on a number of high profile projects during their careers, including retail centers at Sharon Corners and Foxcroft East, and Foxcroft and Kingswood residential communities.
 
“There is a strong demand for new hotel rooms with the resurgence in growth in the SouthPark area. This location is ideal for business and leisure travelers, with its close proximity to SouthPark Mall and other retail, restaurants, the airport and Uptown Charlotte. We’re also excited about the new jobs this will bring to the area,” said Adam Ford, general manager of Crosland.
 
“For more than 50 years, the Tate and Crosland names have been synonymous with quality development. This latest project will continue that tradition of excellence,” said Tate.
The last hotel constructed in the SouthPark area was the Hampton Inn & Suites at Phillips Place, which opened in 1998. 
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Contact:  
Adam Ford
Crosland
704-561-5239