After successful careers in the real estate industry, Stuart Proffitt and Wyatt Dixon found themselves at a crossroads. The economy was in the crapper, their once-lucrative jobs at big Charlotte firms were either in a state of flux or being eliminated and they were facing one of the worst real estate markets in U.S. history. [...]
Charlotte architect David Furman was inside a room of dozens of developers and builders who city officials had asked to get together to discuss the master plan for uptown. It was the late 1990s, uptown was still growing in starts and fits and 1st Ward, along the eastern quadrant, was a “dangerous ghetto,” Furman said. [...]
When David Furman started looking in 2001 for a site for McCreesh Place, he discovered that no other single room occupancy developments existed in Charlotte. Furman, owner of Charlotte-based David Furman Architecture, would go on to spearheaded Charlotte’s first and — so far — only SRO. Axiom Architecture, where Furman is principal, designed the 63-unit [...]