Elise Franco

The development will be built in phases with the multifamily tower and retail likely delivering first. Plans also include a 250,000-square-foot office tower.

Cardamyst allows patients to restore normal heart rhythm without emergency room visits. Milestone has grown from 30 to 150 employees since establishing its Charlotte headquarters.

The South Boulevard location would mark Lowes Foods' ninth grocery store in the Charlotte region.

The development, which includes two five-story office buildings with ground-floor retail, hit the market in late February.

The 55-year-old building is 90% leased following recent renovations. New ownership plans to leverage the site's proximity to an expanding medical and technology ecosystem.

First & Early Capital paid $24.3 million for the 5.8-acre site in June. The firm will collaborate with county leaders through October to establish a framework.

Vertical construction on phase one was supposed to begin by July 2025. The county says poor market conditions don't explain the delays.

Since developers detailed plans for Brooklyn & Church to transform a 1970s-era, concrete building, seven other office conversion projects have been announced or started construction.

The tower will have nine office floors atop six parking levels. Amwins currently occupies space about a mile away at Two Piedmont Town Center.

The project includes retail space intended to help transform the area into an urban mixed-use district under the North Tryon Vision Plan.