Charlotte Business Journal: Retail at Cascadia


The following article appeared in the 5/24/24 edition of Charlotte Business Journal:

Summit Coffee, Yoga Six snag north Charlotte location in Cascadia at Highland Creek

By Jennifer Thomas – Senior Staff Writer, Charlotte Business Journal

Cascadia at Highland Creek has signed two retail tenants. Image: Cascadia at Highland Creek

A fast-growing coffee concept and yoga studio will join Cascadia at Highland Creek in north Charlotte.

Summit Coffee and YogaSix will each occupy a 2,000-square foot suite — filling the 4,000-square-foot retail component of the project.

Both are slated to open this summer.

“They help complete our vision for a modern urban village,” says Andy Lucas, principal at Beauxwright, a Charlotte commercial real estate developer.

Beauxwright partnered with White Point Partners and and Copper Builders on the project.

Cascadia at Highland Creek is a build-to-rent townhome with adjacent retail project. The mixed-used community includes 89, three-story townhomes on 7 acres. It aims to answer the demand for build-to-rent townhomes in an area with little inventory and high price points. The development is at Old Ridge and Prosperity Church roads in the Highland Creek neighborhood.

Davidson-based Summit Coffee provides a locally-owned option. The 25-year-old company has set its sights on becoming one of the largest specialty coffee brands in the Southeast. Summit expects to have 25 cafes open by the end of 2025, as well as its certified organic coffee roasting and distribution business.

Summit continues to search for communities where it can become part of the neighborhood. New development areas of Highland Creek, such as Cascadia are becoming increasingly popular because of their proximity to the city but walkable setting, says Brian Helfrich, CEO of Summit.

“We look forward to being a destination and connecting point for our neighbors.”

YogaSix will be owned and operated by Alireza Rashidi. That concept offers six types of classes including hot and powerful to slow and mindful yoga, as well as beginner and sculpt classes. This will be the fourth YogaSix location in the Charlotte market following studios in Cornelius, Ballantyne and Fort Mill.

Matt McLanahan of White Point Partners led the retail leasing efforts for the community. Chapman Chastain with Ascent Real Estate represented Summit Coffee in the lease negotiation, while Danielle McGrath of JLL represented YogaSix.

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