Long-Delayed Brooklyn Redevelopment

Industry News,

Some community members are frustrated with the pace of the 17-acre Brooklyn Village redevelopment. Descendants of Brooklyn, once Charlotte's largest Black neighborhood, have waited decades for some type of restitution.

The latest: Donahue Peebles III, executive vice president of The Peebles Corporation, tells Axios it was always their intent to bring on a third-party purchaser that would build in line with the vision for Brooklyn Village.

  • Horizontal construction of infrastructure and roads is underway to prep the site for multi-family and hotel buildings. Peebles expects that work to finish late this year.

Catch up quick: In 2016, Mecklenburg County selected BK Partners — a partnership between New York-based The Peebles Corporation and Charlotte-based Conformity Corporation — for the redevelopment. The first phase was supposed to finish in 2021.

What Happened