Charlotte-based commercial developers Crosland Southeast and Childress Klein announced that restaurants Carolina Ale House, CO and YAMA have all signed leases at the 90-acre Waverly development near the intersection of Providence and Ardrey Kell roads in south Charlotte.
The new tenants join more than 30 other retail shops and restaurants that have signed leases at Waverly, with Carolina Ale House and CO both leasing retail space along a public plaza called The Terrace, which features outdoor dining space. YAMA has leased space next door to Viva Chicken in a nearby freestanding building that will start construction soon, according to a press release.
“With Carolina Ale House, CO and YAMA, we have added three proven restaurant operators from the Carolinas who share our vision for a vibrant, walkable retail destination at Waverly,” said Peter B. Pappas, managing partner of Crosland Southeast, in the release.
Carolina Ale House has leased 6,500 square feet and focuses on sports bar fare and craft beers. Popular menu favorites include all-natural jumbo wings, fresh burgers, generous salads and hearty sandwiches.
Based in Raleigh, Carolina Ale House has more than 30 locations across the Southeast and opened its uptown location in 2011 and its Concord location in 2013. This will be the company’s third location in the greater Charlotte market.
Named for the Vietnamese word for “feast,” CO has leased 3,180 square feet and is a contemporary Pan-Asian restaurant that serves menu items including banh mi, pho, dumplings, sushi and Curry Laksa. The restaurant also serves a collection of signature cocktails including the Lemongrass Ginger Martini and the Sriracha Mary. Owned by Greg Bauer, CO opened its first location in Charleston, South Carolina four years ago and has since expanded to Savannah, Georgia; Myrtle Beach, South Carolina and Charlotte. CO opened its first Charlotte location at Park Road Shopping Center in late 2015, according to the release.
Sushi restaurant YAMA has leased 3,400 square feet and opened its first location, Yama Asian Fusion, in SouthPark in 2007, with Yama Izakaya opening in Plaza Midwood in 2014. Owned by Birdie Yang, the restaurants have earned a devoted following for their fresh ingredients, creativity and attention to detail. The new YAMA location at Waverly will feature a modern, sophisticated décor along with the acclaimed Japanese fare including sushi, sashimi, hibachi entrees, specialty rolls and Asian fusion cuisine.
Gwen Glaeser with Foundry Commercial represented the landlord on the lease transactions. J.R. Dill represented Carolina Ale House, Jackson Hughes of The Navigator Group represented CO, and Bill Diehl of Diehl Properties represented YAMA.
The new tenants join more than 30 other retail shops and restaurants that have signed at Waverly. A 40,000-square-foot Whole Foods, Waverly’s retail anchor, will open early next year, and 22,000-square-foot medical office anchor Novant Health opened last fall.
Chick-fil-A and Panera Bread are both under construction at Waverly, and ULTA Beauty and Chuy’s have begun their upfits in preparation for occupancy this fall. The CVS store at Waverly opened in August along with Horizon Eye Care, and several other tenants are expected to open before the end of the year.
For a complete list of tenants, visit www.waverlyclt.com/interactive-siteplan.
Waverly is a multi-use, pedestrian-friendly, master planned development that is a joint venture between Childress Klein, Crosland Southeast and the Matthews family. Located just south of I-485 at the intersection of Providence Road and Ardrey Kell Road, this 90-acre project features a contemporary design and affords the residents of South Charlotte an inviting place to dine or shop. The 250,000 square feet of retail will be anchored by Whole Foods Market and have a focus on restaurants and outdoor dining. In addition, the project will provide two six-story buildings offering Class A office space for corporations to locate in a neo-traditional environment, as well as two medical office buildings.
The development also offers 375 upscale apartments called Solis Waverly on 18 acres, built by Terwilliger Pappas Multifamily Partners and Federal Capital Partners. David Weekley Homes will build approximately 150 single-family homes and townhomes over 18 acres for residents who wish to purchase a home in a walkable community.
Waverly is located on the site of the former Matthews Family Farm. The property has been in the Matthews family since 1860, when it was gifted to Sarah Houston by her parents as a wedding present upon her marriage to William McGill Matthews.