{"id":1004115608,"date":"2015-03-17T12:33:33","date_gmt":"2015-03-17T20:33:33","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=332989"},"modified":"2020-04-15T00:38:27","modified_gmt":"2020-04-15T08:38:27","slug":"novanth-health-joins-90-acre-waverly-as-medical-office-anchor","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/novanth-health-joins-90-acre-waverly-as-medical-office-anchor\/","title":{"rendered":"Novant Health Joins 90-acre Waverly as Medical Office Anchor"},"content":{"rendered":"<p><em>By Eliza Theiss, Associate Editor<\/em><\/p>\n<div id=\"attachment_332991\" class=\"wp-caption alignright\" style=\"width: 224px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/03\/Peter-B.-Pappas-Crosland-Southeast.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-332991\" title=\"Peter B. Pappas, Crosland Southeast\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/03\/Peter-B.-Pappas-Crosland-Southeast.jpg\" alt=\"\" width=\"214\" height=\"300\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Peter B. Pappas, Crosland Southeast<\/p>\n<\/div>\n<p>Novant Health will be the anchor for developers Crosland Southeast and Childress Klein&#8217;s 90-acre mixed-use, master-planned development Waverly.<\/p>\n<p>Novant Health, a regional medical provider, will relocate an existing facility from Providence Road to Waverly, expanding by 8,000 square feet. The healthcare provider will occupy 23,000 square feet of the first 33,000-square-foot building.<\/p>\n<p>Set to open in fall 2015, Novant Health\u2019s Waverly location will include urgent care, physical therapy, family healthcare, including pediatrics, as well as other services.<\/p>\n<p>Novant Health was represented by Mike Wiles, CCIM of NAI Southern Real Estate. The owners were represented by Crosland Southeast and Childress Klein. Childress Klein is working on pre-leasing the remaining medical office space. CNL Commercial Real Estate has also been involved with the leasing process.<\/p>\n<p>Waverly\u2019s has also signed a number of retail tenants, among them Whole Foods, which will open a 40,000-square-foot location in mid-2016. Other tenants include a 6,073-square-foot Novanta Pizzeria Napoletana, a 4,300-square-foot Bad Daddy\u2019s Burger Bar, a 2,500-square-foot Modern Salon &amp; Spa, a 2,500-square-foot Polished Nail Bar, 1,498-square-foot Menchie\u2019s Frozen Yogurt and a 938-square-foot Quail Dry Cleaners. Waverly\u2019s leasing team is working on further additions and expects to make three additional announcements within a month, involving local and national sit-down restaurants.<\/p>\n<p>\u201cWe put a great deal of time into hand selecting best-in-class restaurateurs and operators (\u2026) at a variety of price points to join Waverly,\u201d said Peter B. Pappas, lead developer from Crosland Southeast. \u201cThe next dimension is to design, along with Shook Kelley, a synergistic layout that intentionally organizes most of the restaurants around the primary public space, which we are calling The Terrace. These restaurants activate The Terrace, creating an environment where people want to come and stay.\u201d<\/p>\n<div id=\"attachment_332993\" class=\"wp-caption alignleft\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/03\/Waverly-medical-office1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-332993\" title=\"Waverly medical office\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/03\/Waverly-medical-office1.jpg\" alt=\"\" width=\"300\" height=\"201\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Waverly medical office<\/p>\n<\/div>\n<p>A joint venture between Childress Klein, Crosland Southeast and the Matthews family, Waverly will feature 250,000 square feet of retail space, anchored by Whole Foods, two five- to six-story Class A office buildings and medical office buildings. Waverly will also include 275-unit high-end Solis Waverly apartment project developed by Pappas Multifamily Partners, as well as 150 single family homes developed by David Weekley Homes.<\/p>\n<p><em><a title=\"MARKET SNAPSHOT: Charlotte Apartment Market on the Rise: Sales, Rents and Vacancies to Climb in 2014\" href=\"https:\/\/www.multihousingnews.com\/market-data\/market-snapshot-charlotte-apartment-market-on-the-rise-sales-rents-and-vacancies-to-climb-in-2014\/1004100679.html\" target=\"_blank\" rel=\"nofollow\">Click here<\/a> for further Charlotte market data<\/em><\/p>\n<p><em>Images courtesy of Childress Klein and Crosland Southeast<\/em><em><\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Charlotte-based commercial developers Crosland Southeast and Childress Klein have announced regional medical service provider Novant Health as the medical office anchor for their mixed-use, master-planned development Waverly.<\/p>\n","protected":false},"author":49,"featured_media":1004507249,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21742],"tags":[],"class_list":["post-1004115608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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