Fayetteville Street Developments and Vitality

Looks like Empire Properties has finalized the purchase of 210 Fayetteville St.(Kimbrells Furniture)
Although this isn’t one of the recent properties that were rezoned to 40 stories, It is right next door and becomes his 5 property on that block alone.
234 Fayetteville St.
216 Fayetteville St.
230 Fayetteville St.
19 W Hargett St.
“Mack Paul Morningstar Law represented the property owners. After the meeting, Paul said that because many of the properties are so small, any redevelopment would likely require owners to work together or for a developer to acquire several adjoining lots on the block.”
https://www.bizjournals.com/triangle/news/2019/11/11/investor-adds-to-collection-of-buildings-on.html?iana=hpmvp_trig_news_headline

3 Likes