Kannapolis, NC (January 2023) – Winston-Salem based Lowes Foods, LLC has signed a lease to anchor Kellswater Commons, a grocery anchored retail development in Kannapolis, NC by MPV Kellswater, LLC, an entity affiliated with Charlotte-based MPV Properties, LLC.
Kellswater Commons is a 25-acre, mixed-use retail development located at the intersection of Kannapolis Parkway and Rogers Lake Road, adjacent to the Kellswater Bridge community. The project is slated to include a +/- 50,000 square foot Lowes Foods, two (2) retail buildings consisting of +/- 12,500 square feet, and ten (10) outparcels ranging from 1.09 acres to 8.94 acres in size.
Ownership plans to break ground on Phase 1 of the project in the 3rd quarter of 2023. We look forward to sharing opening timelines and plans in coming months.
Austin Easter of MPV Properties represented Lowes Foods in the transaction.