‘Transformative Changes’ underway in Charlotte’s Brookhill Village

Hey speaking of housing tonight Transformative changes underway in the Brook Hill Village of Charlotte a new Developer took over the historic Community in south end earlier this year And now they're in the middle of Demolition in partnership with pride Magazine our Fred Shropshire shares how Crews are turning dilapidated Apartments Into what developers are calling Workforce housing The right opportunities for families who Deserved affordable housing and that was The original Vision the intense some Might call what you see here A Dream Deferred others might call it a broken Promise it's important that we don't Forget our history the year was 1950 When segregation and housing was the Norm CD Spangler father a billionaire And former UNC system president C.D Spangler Jr built Brook Hill Village a 418 unit complex for black residents Near South Tryon and remount in an area We now know is south end a 99-year land Lease stipulating Only the buildings not The ground upon which they sit can be Sold part of the challenge here is that There's been just almost neglect this is A time capsule what does this represent For Charlotte it represents opportunity Uh to pay homage to an historic Community back in March Antoine dinard Of core real estate advisors along with

Mike Griffin a native charlatan of Griffin Brothers became the latest Developers to partner over the last 72 Years of that 99-year lease to manage The 42-acre site South then is rapidly Gentrifying and there's all kinds of Things going on and we've got to get out Of this Crescent Moon Situation we have here in Charlotte Where everybody's condensed in in Certain areas for Griffin this is Roughly a 7 million dollar investment Demo and Renault replacing original Single Source oil units with HVAC and Heating systems LED lighting new Appliances fixtures and more all Completed while keeping the current 100 Residents on the property by Consolidating them relocating these Families off-site was not even an option For us I don't know that I would Consider myself a traditional developer Work completed in multiple phases over The course of the next 36 months with a Goal to add retail and apartment spaces Into the mix among what Griffin is Calling Workforce housing I think that We can accommodate those families in a Portion of this land and use the other Portion to help subsidize those Accommodations so I think there's a Business model here it's not charity That was Fred Shropshire reporting once Again we can also tell you here the

Developers say that they are still Working out the phasing of construction So they're not going to make those Details public until they tell residents First the estimated average rent for the Workforce Apartments is between 350 and 550 a month And we want to share this too WCNC Charlotte has partnered with pride Magazine to highlight stories like this One you just saw which you won't see Anywhere else

Charlotte North Carolina – A Great Place to Live

Located in the Piedmont region of North Carolina, Charlotte is the second largest financial center in the United States. The area is home to about 2.4 million people. Charlotte has a wide array of services for residents and a variety of neighborhoods to choose from. It is the natural place for college graduates from the Carolinas to settle.

Charlotte’s early leaders experimented with new styles in the 1900s and early 20s. This period saw the city become a major distribution point for parts for the Ford Motor Company.

At the same time, Charlotte’s banks provided the capital for a wide range of industries. Cotton and non-textile industries were drawn to the town. As a result, Charlotte became a center for industry.

In the late 19th century, the state-owned railroad made it easier to travel to Raleigh and Charleston. Charlotte grew rapidly. Many textile mills were established. Some of the region’s most prosperous mines were only two miles from the city.

During this period, cotton remained the primary economy in Charlotte. The city’s population doubled between 1850 and 1860. However, the economy slowed when U.S. entry into World War I stopped most civilian construction.

A mild depression lasted until the early 1920s. Despite this, retailing continued to grow.

By the end of the century, Charlotte had a full architectural community. New bank buildings sprang up on Church Street. One of the most famous is the delicate three-story Greek temple.

There are plenty of churches in the city. Colleges and universities include the University of North Carolina at Charlotte and Queens University.