A new office building is planned for the site of a former bank branch in SouthPark, on a 1-acre property that recently sold for $1.9 million.
The former Bank of North Carolina branch was sold to Rexford Office LLC. Located at 2245 Rexford Road, the vacant building is near Rexford and Roxborough roads, in a busy corner of SouthPark.
Charlotte City Council last month voted to approve a 7,200-square-foot office building on the site, a relatively small development. The building is in the style of a “Williamsburg revival with Georgian features,” according to a community report filed as part of the rezoning application.
The building will be used as an office for a “private individual who wants a private office in which to conduct his family’s financial affairs,” the developers said at the required community meeting. The development company is affiliated with Robert Branan of Charlotte, but the building’s ultimate user wasn’t immediately apparent.
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“The building design follows the family’s traditional nature. As such, the building will have a residential feel,” the developers said. “It could be viewed as a home.”
Construction is expected to take about a year, once demolition of the former bank starts. Brokers Jim Plyler and Steve Gentry of Piedmont Properties/CORFAC International represented the seller in the deal.