More development activity is heading to the South Gateway area of Mount Holly.
Davis Moore Healthcare Practice Group is leading the development of Mount Holly Medical Park, which will include several office buildings near the site of CaroMont Regional Medical Center-Belmont. The project site is at 540 Mount Holly Medical Parkway just off Exit 27 of Interstate 85.
New South Properties' Kenny Smith, Holly Alexander and Will Whitley are handling marketing efforts for Mount Holly Medical Park on behalf of Davis Moore. Two anchor tenants have already landed at the park, each of which will occupy single-tenant, single-story buildings of around 20,000 square feet. One of those buildings will be occupied by Carolina Neurosurgery & Spine Associates, Whitley said. The identity of the second tenant was not disclosed.
The developers are expected to break ground on the project in the next two months.
"We have capacity for two more medical office buildings and we are searching for the right practices to be part of this highly visible medical campus," Whitley told CBJ via email. "Mount Holly Medical Park sitting at the first exit in Gaston County after crossing the Catawba River from Mecklenburg County will serve as the gateway to the rapidly growing city of Mount Holly."
This week, Colliers International announced it had represented Sanders Investments of Gaston County LLC, the previous owners of the Mount Holly Medical Park site, in a land sale there. The Colliers team of Adam Farber and Steve Rich represented the seller in the land transaction, which closed last month.
Gaston County real estate records show that several different entities affiliated with Davis Moore purchased pieces of the 13.75-acre project site for a total of nearly $4.2 million.
The Mount Holly Medical Park site is just across N.C. Highway 273 from Belmont-Abbey College and the CaroMont Regional Medical Center-Belmont, which is under construction. That area of Mount Holly, which is along the Catawba River, is being eyed for the development of several projects, including hundreds of apartments and medical office space. One of the multifamily projects is being led by Penler, which acquired its site there last year in another deal brokered by Colliers.
“With all the growth in the Mt. Holly market, Steve and Adam leveraged their tactical market knowledge to gain the best outcome for the client and the Mt. Holly area," Colliers executive managing director Bryan Johnson said. "With the hospital, multifamily projects and medical office development, this site will be a key piece for the area.”
https://www.bizjournals.com/charlotte/news/2023/02/09/mount-holly-medical-park-office-project-cre.html