The complex formerly known as the “Epicenter” is about to get a new name, facelift, and variety of new shops, restaurants, and services after a multi-year downward spiral and ultimate bankruptcy auction this past July.
According to a press release from CBRE (representing the new ownership group), the transformed “Queen City Quarter” will have its stairways, escalators, courtyard, patios, lighting, and landscaping completely renovated in anticipation of the rebranding and relaunch.
“Queen City Quarter will transform the heart of Charlotte’s iconic Uptown into a vibrant corporate and family friendly hub,” CBRE Managing Director Compie Newman said. “It offers a unique destination with new ownership and a new vision that will hopefully attract the finest amenities to the city’s urban core.”
The original Epicenter owners, Epicentre SPE, defaulted on their $85 million loan with Deutsche Bank last August, forcing a foreclosure auction and giving full control to CBRE Inc through a court-order receivership.
According to the receiver’s report, the Epicentre included a total of 50 tenant spaces encompassing roughly 302,324 square feet when it was sold.
What do you think of the rebranding?