CHARLOTTE, N.C. — More change appears to be coming to Plaza Midwood, with a former restaurant site in the heart of the neighborhood eyed for redevelopment.
The former Peculiar Rabbit site, at 1212 Pecan Ave., is under contract to be sold to Charlotte firm Sinacori Builders, which also recently filed a rezoning petition for the property, according to a real estate source and city records.
The site is a triangular-shaped parcel at Pecan Avenue and Gordon Street. It’s across Pecan Avenue from the 12-acre Central Square shopping center, which is poised for a massive overhaul by new owners Crosland Southeast and Nuveen Real Estate. And it appears the landmark former Dairy Queen at Pecan and Central avenues will be upfitted into a second Charlotte location for Velvet Taco.
Emma Littlejohn, a real estate consultant working with Sinacori Builders on the project, said the plan is to develop upscale stacked flats rather than a townhouse development, but whether the units will be condos or rentals has not yet decided.
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