An adaptive-reuse project near Charlotte’s South End neighborhood will be home to a much-anticipated brewing operation and tech company.
Artisanal Brewing Ventures — the parent company of Victory Brewing Co. of Downingtown, Pa., and Southern Tier Brewing Co. of Lakewood, N.Y. — will be leasing a 28,000-square-foot building as part of the Bowers adaptive-reuse project by White Point Partners at 4001 Yancey Road. ABV will use the space for its corporate offices and brewing operations, which will support an annual output of 250,000 barrels.
The taproom will include craft beer from Southern Tier and Victory as well as private events space.
John Coleman, CEO of ABV, said in a statement that Charlotte is a “perfect fit” for ABV’s corporate offices because of its central location, quality of life, entertainment and growing craft beer community.
Bowers is located within an emerging entertainment district that includes several breweries, distilleries and venues like Queen Park Social.
Software technology company SentryOne will also take 31,000 square feet in a building adjacent to ABV. SentryOne, currently headquartered in the Lake Norman area, provides performance monitoring, management and optimization software for Microsoft SQL Server databases.
Greg Gonzalez, CEO of SentryOne, said in a statement that the firm decided to relocate to Bowers because of its centralized location to attract and retain talent.
“Creating this type of office space in a thriving neighborhood like lower South End is one way of investing in our people and staying true to our core values,” Gonzalez said. “This move holds great potential for our teams and our company.”
The Bowers building, at the corner of Yancey and Old Pineville roads, was the home of Bowers Fiber’s fiber-processing operations for more than 70 years. White Point Partners acquired the building earlier this year to upfit the former industrial space into office and retail space.
With ABV and SentryOne, Bowers is now 85% leased. A 10,500-square-foot space on the main plaza is available and is being marketed toward creative office users or infill retailers.
Scott Wilson at Childress Klein is leasing Bowers.