mad_park

Wegman's coming to Ballantyne. https://www.wbtv.com/2024/04/15/wegmans-is-coming-charlotte/

Is the wetlands at the corner of Park and Gleneagles finally going to get developed? https://www.bizjournals.com/charlotte/news/2023/08/29/harris-land-co-site.html An infamously high-profile property in south Charlotte looks like it’s in play again for the first time in at least five years. Local real estate firm First & Early Partners has posted a 90-second social media video touting “Quail Hollow Village,” a 19-acre site bounded by Sharon, Gleneagles, and Park Roads. The site is one that’s been sitting vacant for 20 years as one of Charlotte’s most prominent couples — Cameron and Dee-Dee Harris — and their Harris Land Co. has tried repeatedly to attract mixed-use projects without success.

A couple of interesting write-ups on the property valuation of local private country clubs - many decreased in value! https://www.wfae.org/charlotte-area/2023-03-27/tax-assessor-consultant-priced-quail-hollow-as-an-average-private-course https://gregjarrell.substack.com/p/whats-a-country-club-worth Quail Hollow club valued at just under $10 million and categorized as an 'average type private course'.

Charlotte Magazine addressed this demise a few years ago. I recall one of the shills tweeting a response defending using her iPhone to take photos vs taking notes like an oulde - completely not addressing the real issues called out in the article: that the food was free, the review was at a promotional event, and her publication was likely paid by the restaurant. https://www.charlottemagazine.com/the-case-for-food-criticism-in-charlotte/ Schwab tells me she was free to choose whom, when, and how she would review restaurants, and that she operated under a strict ethical code: She paid for all her meals, usually under an assumed name (her dog, Charlee, was one of her aliases), and visited a restaurant at least twice and with at least one other person before she wrote about it. She would never review a restaurant that hadn’t been open for at least three months. If chefs sent free food to her table, she would ask them to stop and add the dishes to her bill.

Cosmos was also Greek owned. https://www.charlotteobserver.com/news/business/article52119685.html

https://www.wsoctv.com/news/local/four-more-businesses-evicted-epicentre-charlotte/Q5UCDU6OURHJVC4MZ4X26KCJUE/?outputType=amp Four more businesses evicted from the EpiCentre in Charlotte Looks like Vault, the movie theater, Grabbagreen, and one other business are out. Shifting to office is going to be tough with the remote work trend that companies may be sticking with long term.

2021 Nascar Schedule shows the All Star Race in Texas https://www.nascar.com/nascar-cup-series/2021/schedule/ Was it back in the early 2000's when there were city and state campaigns to keep this event in Charlotte? Now it is hardly noticed...how the mighty have fallen.

What about the hole in the ground at Park & Gleneagles?

Any plans of cleaning up the area beyond resurfacing Woodlawn? Or will market forces take care of it over time?

Yep...from Del Frisco's SEC filing https://www.sec.gov/Archives/edgar/data/1415301/000141530118000030/dfrg-20171226x10k.htm Its a "safe" choice if you are taking a large group of customers out. The people who go on Fri/Sat and spend their own money boggle the mind though. We believe the majority of our weekday revenues in our Del Frisco’s Double Eagle and Sullivan’s concepts are derived from business customers using expense accounts, and our business therefore may be affected by reduced expense account or other business-related dining by our business clientele. If business clientele were to dine less frequently at our restaurants, our business and results of operations would be adversely affected as a result of a reduction in customer traffic or average revenues per customer.

Another benefit to removing this is it would remove the deathtrap merge from 4th on to 277 where you are fighting against the speeding thru traffic that is trying to merge over to Independence.

Their fall Oysterfest was epic...

http://www.harrisland.com/quail-hollow-village.html

For those two wouldn't that mean shutting down the assembly line vs "working from home"?

A month of that will do a number on a lot of businesses.