Johnson & Wales
Land Development
Charlotte, North Carolina
Euram Investment Group is partnering with Citiline Resortline Companies to acquire a 2.8 acre site in downtown Charlotte, NC. The area is in the Third Ward district in the heart of “Gateway” which is predominately made up of large operation centers for Bank of America and IBM as well as the Charlotte campus for Johnson and Wales University. This site is unique in the culture and activity that the University and surrounding businesses create.
Charlotte is a blend of traditional and cutting edge—with access to mountains and the ocean, and the best of America’s northern and southern cultures. Its main industry is banking, with Bank of America, Wachovia Bank and BB&T Bank having its headquarters there. The site is adjacent to the Johnson & Wales Charlotte Campus which was established in 2004. Nearly 2,500 students are currently enrolled in the College of Business, the College of Culinary Arts and the Hospitality College. Their students represent 46 states and nine foreign countries.
Citiline Resortline Companies is a real estate developer with offices in Charlotte, North Carolina and Austin, Texas. They specialize in close in urban infill developments between $10 and $30 million.
For more information please review their website at citilineresortline.com