Friday, November 6, 2015

Joint Venture Between Lincoln Harris and The CATO Corporation Files for Rezoning for York County Site in South Carolina

John W. Harris III
Charlotte, NC (Nov. 6, 2015) – A joint venture between Lincoln Harris and The Cato Corporation has filed for rezoning of a 360-acre site in York County, South Carolina. 

The plans for the site, which included the former Charlotte Knight’s baseball stadium, provide for 4 million square feet of Class A office space, 100,000 square feet of retail space, 300 residential units and a 150-room hotel.

Cato selected Lincoln Harris to be their joint venture partner earlier this year.  

“We are excited to partner with a company like The Cato Corporation to bring this much-needed development to the state,” said John Harris III, President of Lincoln Harris. 

“This site offers a fantastic location immediately adjacent to one of the first interchanges in South Carolina off I-77. Many companies have expressed a strong desire to locate to South Carolina, specifically to this growing region.”

John Cato
The Cato Corporation purchased 300 acres in the Gold Hill Road area in 2012, with plans to build a distribution center. And more recently, Cato purchased the former Charlotte Knight’s baseball stadium site and other adjacent parcels.

“Cato is excited about the development of the Gold Hill property,” said John Cato, CEO of The Cato Corporation.

 “Although our original intent for the property was development of a new Cato distribution center, we now feel the property has greater potential as a Class A mixed-use development. Cato has enjoyed a strong working relationship with York County, and has invested in additional property within York County for future distribution center development.”

The joint venture plans to finalize rezoning in the first quarter of 2016. Phase I is slated to include 500,000 square feet of office space, 100,000 square feet of retail space, 300 residential units and a 150-room hotel.

For a complete copy of the company's news release, please contact:

Savannah Duncan  The Wilbert Group 
1720 Peachtree St., Suite 350  Atlanta, Ga. 30309
O: 404-343-0870   M: 404-901-4433

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