Business

Birkdale Village is sold again, less than a year after an Atlanta firm bought it

Birkdale Village in Huntersville has a new owner – a global property investment firm with $92 billion in assets — less than a year after its sale to an Atlanta-based real estate giant.

Terms were not disclosed Wednesday of developer Jamestown’s sale of the property to Houston-based Hines U.S. Property Partners.

The mixed-use development Birkdale VIllage in Huntersville has been sold.
The mixed-use development Birkdale VIllage in Huntersville has been sold. Birkdale Village

Hines announced the acquisition in a news release Wednesday afternoon, calling the iconic mixed-use development near Lake Norman a “premier” community that is 99% leased.

In May, Birkdale Village was up for sale less than a year after getting a new owner, The Charlotte Observer reported.

Two months prior, the Huntersville Board of Commissioners approved Jamestown’s request to add to the development a 125-room, full-service hotel, 150 multi-family units, 26,715 square feet of commercial space and an office building.

History of development ownership

In August 2024, Jamestown announced the acquisition of Birkdale Village owner North American Properties’ Atlanta subsidiary. Terms of the deal were not disclosed.

Jamestown’s projects have included some of the most iconic buildings in the U.S., such as One Times Square, where the New Year’s Eve ball drops in New York City.

Jamestown also is a joint owner of two North Carolina properties: Optimist Hall in Charlotte and the mixed-use development, Raleigh Iron Works.

Birkdale Village was a joint venture partnership with Jamestown, Nuveen Real Estate and North American Properties, Jamestown said.

The community was among the first of its kind in the Charlotte area when it was built in 2003 by Charlotte firms Crosland and Pappas Properties.

In 2022, North American Properties’ invested $20 million to transform the 52-acre property into an entertainment destination with the addition of an outdoor stage, green space and retail kiosks. Retailers include Apple, lululemon, Pottery Barn and Williams Sonoma.

Birkdale Village had a total assessed value of $37.3 million in 2023, Mecklenburg County public tax records show. Its current assessed value is under review, according to the county.

Notable Hines buildings are The Lipstick Building in New York City, a 34-story building that opened in 1986 at 885 Third Ave., known for its curvy design; and the largest skyscraper in Texas, the 75-story JPMorgan Chase Tower in Houston.

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This story was originally published October 22, 2025 at 5:09 PM.

Joe Marusak
The Charlotte Observer
Joe Marusak has been a reporter for The Charlotte Observer since 1989 covering the people, municipalities and major news events of the region, and was a news bureau editor for the paper. He currently reports on breaking news. Support my work with a digital subscription
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