Explore Our Capabilities

Development Services

Overview

Parker Poe’s Development Services industry team takes great pride in our history of helping clients structure, negotiate and close commercial and residential real estate transactions. With more than 25 dedicated attorneys in seven offices across North Carolina, South Carolina and Georgia, our deep bench of experience allows us to achieve desired results for our clients at any stage of the development life cycle. We represent residential, commercial and multi-use developers, owners, buyers, sellers, landlords, tenants and lenders – we have seen every side of a deal.

With attorneys whose practices are focused on transactions as well as disputes and regulatory matters, for both buyers and sellers, we are ideally positioned to partner on a variety of development projects and assist with all related matters. We can advise on any single service below or help you navigate the entire life cycle of your real estate project.

Services

Asset Management

Construction

Development Approvals

Feasibility & Entitlement

Funding

Real Property Assets

Sale & Leasing

Representative Experience

Duke Energy Center and Levine Cultural Campus, Charlotte
We represented a national bank in its development of a high-rise office tower in the uptown business center of Charlotte. The 42 story office tower contains over one million rentable square feet and has a 2,600 vehicle underground parking garage. We also represented the bank in its development of an adjacent “Cultural Campus” with buildings which house the Mint Museum of Charlotte, the Bechtler Museum of Modern Art, the Harvey B. Gantt African-American Cultural Center and the Knight Performing Arts Theatre. These facilities were developed by the bank under a public-private development agreement with the City of Charlotte. Upon completion, the facilities were transferred to the City and the City reimbursed the bank for the construction costs. The City then leased each cultural facility to the respective local cultural organization. The total cost of the office tower, parking garage, cultural facilities and other related amenities exceeded $1 billion.

Three Wells Fargo Center/The Green, Charlotte
This 1,200,000 square foot center city development consists of major office, retail, residential and parking uses. Our work involved the assembly and acquisition of multiple parcels; a street closure; a long-term ground lease for a major office/retail component of the project; structured license agreements for a 5 level, 850 space underground parking garage; office, retail and restaurant leases with outdoor patio dining in an adjacent street-level park; an 8 story, 57 unit residential condominium above office and retail space and within air rights; the master cross easement regime, including covenants governing floating and designated parking, vehicular and pedestrian access, no-build zones, loading dock areas and the 1.5 acre park; and development of a comprehensive security plan, including cost-sharing for security personnel, security cameras and fire prevention systems.

Biltmore 51, Asheville
We advised a municipality in connection with the development of a mixed-use urban condominium containing a municipally-financed parking deck and hotel and future residential components.

NC State Centennial and Biomedical Campuses, Raleigh
This 1,334 acre project involves multi-phase ground leases on our client’s land, for corporate offices, a hotel and conference center, research and development, institutional uses, retail and residential components (including multi-family and condominiums). Our work included master and sub-prime development agreements, phased ground leasing, major architectural and construction contracts, and golf course design agreements.

Hillsborough Street, Raleigh
We are representing an institutional landowner in connection with the development of a multi-phase mixed use site that will include office, retail and hotel uses.

North Hills East, Raleigh
We advised the equity investor in the development of a mixed-use urban in-fill and redevelopment project, which includes hotel, office, apartment, and retail components.

Grand Dunes, Myrtle Beach
We represented the developer of a 2,200 acre mixed-use resort and master planned community in Myrtle Beach, SC, which includes a hotel.

Villages at Cramerton Mills, Cramerton, NC
We represent the developer of proposed project that will include residential, office, institutional and retail uses. The project will be built to certain minimum “green” performance standards.

Traemoor Village, Fayetteville, NC
This 60 acre Harris Teeter-anchored retail project also includes office and multifamily components. Our work for the developer included a joint venture agreement, preparing the restrictive covenant scheme, ground leases and the sale of the retail component.

Mosaic Village, Charlotte
This 5 story student housing project in Charlotte includes first floor retail, a parking deck and a large special events terrace. Our work on behalf of the university included multiple leases and a revenue sharing arrangement between the developer and university for revenue generated by various project components.

230 South Tryon, Charlotte
We advised the developer on the conversion of an office building to master condominium containing residential, office and retail units, with rights to assigned parking spaces in an adjacent parking deck.

Park Avenue, Charlotte
We represented the developer of a 66 unit condominium in historic South End, constructed above restaurants and retail shops and along the Charlotte Trolley. A master declaration and cross easements control parking deck use rights and pedestrian access ways.

Progress Point, Wilmington, NC
A 12-acre, 112,000-square-foot office and retail project, with multiple office condominiums, and a lease of a first floor unit to a national drug store chain

Stonecrest, Tega Cay, SC
We advised the developer of a 130-acre, mixed-use project with office, retail and residential uses, where the retail uses are anchored by a national big-box retailer.

Wakefield, Raleigh
We represented a medical center on the acquisition, development, construction and leasing of this project, which includes offices, hospital facilities, a wellness center, retail and a grocery store.

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Professionals

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