Development

Hotel headed to Berewick development in Steele Creek

Rendering of the planned hotel.
Rendering of the planned hotel.

Pappas Properties said Friday that a 135-room hotel is planned for Berewick Town Center in Steele Creek.

The hotel will be a Hampton Inn & Suites. Steele Creek Partnership LLC, a company affiliated with Nalinbhai Patel of Huntersville, paid $1 million for a 2.4-acre site in a deal that closed Thursday.

In a separate deal, Carolina Restaurant Group said it plans to open a Wendy’s restaurant on a 1-acre parcel at Berewick Town Center.

The town center, located at Shopton Road West and Steele Creek Road, is under construction in two phases. A Harris Teeter broke ground in late 2014 and is expected to open this spring. It’s part of the 1,200-acre Berewick subdivision.

“The new Hampton Inn & Suites, Wendy’s, Walgreens and Harris Teeter are part of a very exciting story developing at the Berewick Town Center,” said Peter Pappas, CEO and founder of Pappas Properties, in a statement. Pappas is developing Berewick. “Each of these will be a great amenity enjoyed by residents of Berewick, neighbors and the many people coming to this area.”

Broker William Latta represented Steele Creek Limited Partnership in acquiring the hotel site. Bob Vande Weghe of Evergreen Commercial Properties represented Carolina Restaurant Group in the Wendy’s site transaction. On the sales side, Brian Roth of Pappas Properties marketed both properties.

Ely Portillo: 704-358-5041, @ESPortillo

  Comments