March 15, 2019
The Charlotte Business Journal recently published an article on the VanLandingham Estate, which is a designated historic landmark: “Future of VanLandingham Estate unclear as historic property changes hands”
From the article:
“The VanLandingham Estate, at 2010 The Plaza, has been acquired by a joint venture that includes Charlotte real estate investment firms Stono River Partners and Ascent Real Estate Capital, which purchased about 2.8 acres of the full 5-acre site for about $1.5 million, according to Mecklenburg County real estate records. The 7,088-square-foot home, built in 1913, is included in the transaction.” “It’s not certain what will become of the estate under the new ownership, but Stono River and Ascent have hired Cluck Design to consult on architecture and design as well as engineer ColeJenest & Stone. Jon Dixon, managing principal at Ascent, declined to discuss any specifics when reached this week, including whether the house would be preserved.” “Our company is excited to take ownership of the VanLandingham Estate, an important asset for both the neighborhood and the entire Charlotte region,” Jon Dixon said in a statement. “We look forward to working with Cluck Design and ColeJenest & Stone to implement a plan that builds upon the history of the property while also providing for its successful stewardship in the years to come.” “Ascent’s previous and current investments here include a number of adaptive-reuse deals — among them, The Shop in the North End, Northside Station and The Foundry in uptown, 200 Southside near South End, and Central Crossing in Plaza Midwood.”