Gvest Capital partners with Choate Construction Company to break ground on the historic renovation of the Ervin Building. Held on the 57^th anniversary of the building’s original opening date, the groundbreaking ceremony celebrates a new beginning for the historic east Charlotte complex.

More than 40 surrounding neighborhoods, represented through community associations and the CharlotteEAST advocacy board, came together alongside numerous city officials to support the historic landmark designation for the Ervin Building. This project is a significant step towards elevating development in the community, while preserving a piece of the area’s history.

“Our team is honored to be a partner in preserving this historic Charlotte landmark,” said Mark Hughes, Vice President at Choate Construction. “It is a welcome opportunity to restore a piece of the city’s rich history and repurpose it from vacancy into a usable space, offering city views and a place for the community to gather.”

Built in 1964 by notable Charlotte developer Charles Ervin, the Ervin Building was constructed as the first high-rise office tower along Independence Boulevard connecting uptown Charlotte to the suburbs. The building still retains its original mid-century modern design.

After years of vacancy, Gvest purchased the building and performed remediation efforts to make way for interior demolition, providing a fresh space for new offices to be constructed. The exterior of the landmark is preserved, while the interior’s core and shell are renovated to include all new mechanical, electrical, plumbing, and fire protection (MEPF) systems, as well as a rooftop restaurant. The parking area is regraded, and pristine hardscape and landscape features are added to reflect the local pride and sense of community housed in this piece of history. To illustrate the growth and narrative of the Queen City, a 200-foot mural on the site retaining wall will depict Charlotte throughout the decades.

The Ervin Building is designed by McClure Nicholson Montgomery, WK Dickson, and McVeigh Mangum Engineering Inc. The Nichols Company is the leasing broker. The first phase will be delivered in the summer of 2022, with final completion anticipated in late 2022.

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 Gvest Capital

Focused on the acquisition, development and asset management of commercial, multifamily and residential real estate investments, Gvest Capital believes that history is an important part of our identity.  Governed by its collective experience, Gvest’s investments generate attractive risk-adjusted returns, with a focus on value creation, capital preservation, and growth. Please visit www.gvestcapital.com for more information.