Charlotte Bakery Under Pressure to Move; Developers Want to Expand Parking Area and Sell to Large Buyer
Charlotte residents may be looking elsewhere for their buttery croissants and coffee. Rumors are swirling that the flagship location of Amelie’s French Bakery & Cafe will soon be on the move amid an ongoing legal dispute between its landlords and a larger plan to sell the whole building as well as adjacent properties.
Lease renewals for Amelie’s, a Charlotte mainstay, and other tenants at 2424 N. Davidson St. were named as part of an ongoing legal battle in state business court involving various entities with ownership stakes in the area.
“Speaking only for GCP Apartment Investors, we’ve been given advice by some of the leading national brokerages in Charlotte that the commercial property (the building that Amelie’s anchors) should be sold with the land that is being sold by CBRE, which would complete the assemblage of the Davidson Street frontage for a potential buyer or developer,” said Max Mazzone of Florida-based Gulfshore Capital Partners, which manages GCP Apartment Investors LLC, on Monday. “We very much would like to see the commercial building and the surrounding land that’s being sold and developed through the most cohesive plan possible.”
Mazzone said Amelie’s has a short-term extension of its lease after it expired earlier this year, but he declined to give specifics as to the length of the term or any details on lease terms with other tenants in the building. “We are happy to have Amelie’s at the property until they find a new home,” Mazzone said.
But Joannah Long, a spokeswoman for Amelie’s, said Monday that Amelie’s is “committed to staying in NoDa.”and has “no intention of leaving.” A trial was originally scheduled for September of this year, but has since been delayed to January 2020.
Whether it’s fine French pastry or the art of keeping the business at its current location, nothing is ever easy and disputes tend to follow like chocolate on an eclair. And when those not-so-sweet things negatively impact YOUR business such as landlord/tenant matters, contract issues, nuisance ADA claims or even collections, call in the master chef of business litigation, Dean Sperling, who will work to resolve YOUR matter with YOUR best interests in mind!
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