Choate Awarded $152M Commonwealth Mixed-Use Development
October 14, 2021
Crosland Southeast and Nuveen Real Estate partner with Choate Construction Company to transform 12 acres in the heart of the Plaza Midwood neighborhood. The new mixed-use development, Commonwealth, will offer community members a bustling hub of apartments, mix of retailers and restaurants, and Class A office space.
“Choate Construction is honored to be partner with Crosland Southeast and Nuveen. We are sincerely grateful to work with developers that take great care in the pre-planning and design stages to create communities that flourish for years to come,” said John Dudas, Charlotte Division Manager at Choate.
“Crosland has worked extensively with the Plaza Midwood community to design a development that honors the traditions of the past, with an inspired vision for the future,” said Bobby Speir, Senior Vice President, Mixed Use Investment at Crosland Southeast.
“Our team has spent the last year diving deep into preconstruction efforts to navigate through pandemic price spikes, structural examination, various construction types, construction phasing and logistics, and early buyout of the project. We are ready and excited to kick off this project,” said Charlie Blanton, Senior Preconstruction Manager at Choate.
Commonwealth is designed by BB+M Architecture, Axiom Architecture, Land Design, and 505 Design. The first phase will be delivered in the Spring of 2024.
ABOUT CHOATE CONSTRUCTION
Choate Construction Company is one of the largest nationally recognized general contractors in the southeast with offices in Atlanta, Charleston, Charlotte, Nashville, Raleigh, and Savannah. Founded in 1989, 100% employee-owned Choate Construction specializes in both ground-up and interior construction, believing success is driven by its relationships and reputation. Choate has built a resume of projects large and small, across the nation in multiple market sectors. From its innovative OneLife safety program to its efforts to “Build Up” the communities in which it serves, the heart of Choate is its people. Please visit www.choateco.com for more information.
ABOUT CROSLAND SOUTHEAST
Crosland Southeast has a long history of developing award-winning retail and mixed-use projects throughout the Southeast, with its founding members serving as former partners of the 74-year-old Crosland LLC. Today, Crosland Southeast strives to build on its legacy by investing in retail and mixed-use acquisitions and by developing grocery, single-tenant, market-rate and affordable multi-family communities and transformative mixed-use assets that epitomize placemaking at its finest. For more information, please visit www.croslandsoutheast.com.