Shorenstein Properties looking to sell Camp North End office stake

Damon Hemmerdinger, co-president of Atco Properties, said in a statement to CBJ that Shorenstein's decision to exit its stake in Camp North End comes after a six-year partnership and the completed redevelopment of five office buildings.

"Atco plans to continue in its current role within these buildings, guiding the vision and actively managing the project on behalf of our partners," he said. "In addition to maintaining our current ownership stake and role within these commercial buildings, Atco remains fully committed to Camp North End, which at full build-out is slated for up to three million square feet.

In the statement, Hemmerdinger said Shorenstein played an integral part in Camp North End's successes.

"Camp North End would not be what it is today without our longstanding partnership with Shorenstein Properties, and we are grateful to them for sharing in the vision for this development and for making one of the largest investments of capital into the North End," he said.

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Damon Hemmerdinger
Halal Street Food will open at Camp North End this week — serving gyros, falafel, kabobs

Halal Food Cart fans and white sauce aficionados, you’re in for a treat. Halal Street Food is opening a second brick-and-mortar location in Camp North End’s Keswick District on Wednesday, April 24.

 

The food: Halal Street Food’s new location will serve its familiar traditional halal dishes and favorites such as chicken and lamb over rice, kabobs, gyros and hummus and pita — with plenty of its popular white sauce. Falafel, salads and vegan selections will join the menu, as well as breakfast and dessert options.

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Damon Hemmerdinger
‘Nowhere near a done deal.’ Will lingering distrust scuttle revived CATS Red Line plans?

COULD CAMP NORTH END BE ADDED TO THE RED LINE?

Alex Wohlbruck, who described himself as a big advocate “for transit and cycling projects,” said he’d like to see a station added at Camp North End. The 76-acre site is home to food stalls and shops. It frequently hosts events, too.

 

“That would be a huge miss if they didn’t include that,” he said.

 

The idea of a Red Line station in the vicinity of the entertainment venue emerged during discussions in the 2010s about North End development, developer Damon Hemmerdinger told the Observer.

 

“My understanding was that there was talk at that time about the fact that if the city and both the public sector and the civic sector wanted economic development to occur in Charlotte’s north end, if the Red Line was to happen, that adding a stop would make sense,” he said.

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Damon Hemmerdinger
Software startup Mentra opens Charlotte HQ at Camp North End

Camp North End has added to its growing list of office tenants.

Software startup Mentra, a hiring platform that helps neurodivergents find successful career paths, signed a five-year lease for 2,463 square feet at 201 Camp Road in Camp North End's Mount District.

The startup was co-founded in 2019 by Jillikah Kumar and Conner Reinhardt while they were students at Georgia Tech. They moved the company to Charlotte after graduating in 2020, and the 10-person team worked from Kumar's home until moving into the office last week.

Kumar said the two-floor office was designed with open space for collaboration, conference rooms and private areas for phone calls that resemble phone booths. It also has casual common areas. It's decorated with plants as well as quotes and poetry on the walls, including some written by Kumar's non-speaking, autistic brother, Vikram.

“As a neurodiverse team ourselves, we’re building a neuroinclusive culture that allows us to tap into our cognitive strengths while being in a supportive workplace environment,” she said. "We want it to be a cutting-edge, novel space where we can show what the future of work could look like if every employee has the support they need to thrive."

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Damon Hemmerdinger
Cocktail and small bites lounge Room Service opens soon at Charlotte’s Camp North End

If a getaway to nowhere has been calling your name, Room Service at Camp North End might be serving up a Charlotte staycation idea on a platter.

The cocktail and small bites lounge will open on Nov. 14, pledging a boutique hotel experience — just, without the hotel.

Owner Rachel Hopkins, who is also the co-owner of Camp North End’s Black Moth Bars, seeks to combine the welcoming ambiance of a hotel with a mid-century modern aesthetic. While you’re there, you’ll be ordering up new items to try, à la room service, of course.

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Damon Hemmerdinger
Vegan food stall Soul Miner's Garden set to open at Camp North End

Soul Miner’s Garden is adding a brick-and-mortar location at Camp North End.

The 385-square-foot vegan food stall will celebrate its grand opening Nov. 3-5 before launching regular hours next week, says Sasha Quinn, owner and chef. It will be in the former Plant Joy space, sandwiched between Bleu Barn Bistro and Saru.

For Quinn, the Camp North End location fits the brand’s continued growth.

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Damon Hemmerdinger
CBJ: Tipsy Pickle plans to open entertainment hub in Camp North End next summer

Tipsy Pickle is set to join Charlotte’s pickleball scene next year. Entrepreneurs Mike Salzarulo and Tanner Brooks recently signed a lease for 35,000 square feet — including indoor and outdoor space — in the heart of Camp North End.

The duo’s “pickleball eatertainment” venue is set to open by next August. Think food, drinks and fun at an affordable price, Salzarulo says.

“We love what pickleball brings to any occasion — recreation, friendly competition and something to socialize around. But we’re not taking it too seriously,” Salzarulo says. “Anybody — at any level — can come in and have a great time.”

Tipsy Pickle combines the pair’s shared passion for hospitality and bringing people together. Salzarulo also is one of the owners of Protagonist Brewing.

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Damon Hemmerdinger
Business owners, developers back commuter rail through Camp North End

An abandoned railroad track could bring new life through Camp North End.

Norfolk Southern recently proposed a transaction to build a commuter rail connecting Charlotte to Mooresville.

The “Red Line” would run directly through Camp North End. Developers and business owners say the line would offer direct access to the shops, offices and restaurants at the location and boost jobs.

“It would help this area but it would the city as a whole, just building out our transit network in Charlotte is just so important for the growth of our city and ensuring we can row in a responsible way,” said Tommy Mann, Camp North End’s development director.

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Damon Hemmerdinger
A new shop for music lovers, vinyl collectors is opening at Camp North End this fall

Soon, Camp North End fans will have a little more music in their lives — Hardy Boys Records is opening its first independent location at the adaptive reuse complex in October. If you’re into records, then you might have seen this coming. Our recent CharlotteFive guide to independent record stores mentioned Camp North End was a possibility for Hardy Boys’ newest location.

“We’ve always dreamt of having our own dedicated store, where music enthusiasts can gather, peruse, share stories and just enjoy each other’s company,” Hardy Boys Records owner Dean Hardy said. “Our family has been coming to Camp North End for a long time, and we’re convinced that the dynamic atmosphere here, where people simply want to spend time, makes it the perfect place for us to plant permanent roots in the community.”

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Damon Hemmerdinger
Equity Sought for Texas Retail Project

A joint venture is looking for an equity partner to build a retail property near Austin without debt. Corner on Main, a planned 48,000-sf neighborhood center in the fast-growing suburb of Buda, is expected to cost $20 mil- lion to $25 million. The partnership, between Atco Properties & Management of New York and Austin-based CLD Realty, wants to fund that entirely with equity to avoid the volatile capital markets. Hodges Ward Elliott has the assignment.

Construction projects rarely are fully funded with equity, but the sales pitch for Corner on Main is that the approach is justified by the outsize returns investors can achieve building necessity retail in a booming suburb. That's particularly true as lenders continue to crimp their allocations for commercial real estate amid a broader market drop in property valuations.

The pitch highlights the strength of Buda, which has seen its population grow 121% since 2010, outpacing surrounding Hays County and the Austin metropolitan area, which grew 36% over that period. Multi-tenant retail properties in the Buda submarket are 100% leased.

Corner on Main, slated to comprise seven buildings, is about one-third preleased. It's at 2260 Main Street, at the corner of Fire Cracker Drive and near Interstate 35. The property is adjacent to Sunfield, a 2,700-acre master-planned community projected to have some 15,000 residents once completed. Average household income within a mile of the project is more than $132,000.

Downtown Austin is 13 miles north.

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Damon Hemmerdinger