By Lauren Lindstrom, The Charlotte Observer
After taking over redevelopment of Charlotte’s Brookhill Village, a local businessman says he plans to not only preserve and build affordable housing but also commercial space for businesses facing rising rent prices.
Charlotte businessman Mike Griffin has taken control of the land lease for the South End-adjacent community. A Raleigh-area developer, Tom Hendrickson, announced Tuesday he’d transferred the lease after unsuccessful redevelopment attempts, according to a statement sent to the Observer.
The community, opened in 1951, is some of the last affordable housing in the area but badly needs upgrades.
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