Toronto group envisions "hip" development on West Morehead Street

A Toronto-based developer has set short-term plans of turning a tucked away block on West Morehead Street into a "chic" promenade with restaurants and rooftop terraces. Tryon Development Group LLC, a division of the Larendale Group, has spent $4.5 million over recent months buying four buildings along West Morehead Street near South Mint Street, and is the process of purchasing a fifth property on the block, said investor and developer David Laren. Laren said they are currently working with a Charlotte-based…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/02/16/toronto-group-planning-hip-development-on-west.html