Around Town

Hot: Elevation Church, First Ward and Chick-fil-A. Not hot: Rite Aid.

Four pieces of development news for you this week:

Elevation Church

The mega church led by Steven Furtick is buying the Matthews Plaza Shopping Center.

– Pricetag: $10.2 million

– 140,000 square feet of space

– Church’s Matthews campus (one of 10 campuses throughout region) is located at the center.

Rite Aid

development-rite-aid

Drug store chain Rite Aid plans to close its Charlotte distribution facility and move it to Spartanburg, S.C.

– Loss of 350 jobs in CLT

– Gain of 600 jobs in Spartanburg.

– New facility will cost chain $90 million.

– S.C Power Team and Broad River Electric Cooperative giving it a $525K infrastructure grant.

Apartments in First Ward (main photo above in this story)

development-apartments

Levine Properties is beginning construction on The 10th Street Apartments.

– 264 units on Brevard and 10th streets

– Six stories

– 1,400-space parking deck

– Set to open in mid-2016

– Part of the Levine’s master First Ward plan, which includes the future First Ward Park, between the UNCC Center City Building and ImaginOn.

Chick-fil-A

Clear your morning schedule Feb. 3: Chick-fil-A is giving away 3-count boxes of Chick-n-Minis. 6-10:30 a.m. (Okay, this is “development” news, but it’s the most awesome thing you’ve read today, right?)

Photos: Bradley C. Bower / Bloomberg & Cousins Properties / Levine

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