New Restaurants Announced for Mixed-Use Waverly Development

Crosland Southeast and Childress Klein Acquire South Charlotte Site
September 28, 2016
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Charlotte, N.C., Oct. 17, 2016 — Charlotte-based commercial developers Crosland Southeast and Childress Klein announced that restaurants Carolina Ale House, CO and YAMA have all signed leases at the 90-acre Waverly development near the intersection of Providence and Ardrey Kell roads in south Charlotte.

The new tenants join more than 30 other retail shops and restaurants that have signed leases at Waverly, with Carolina Ale House and CO both leasing retail space along a public plaza called The Terrace, which features outdoor dining space. YAMA has leased space next door to Viva Chicken in a nearby freestanding building that will start construction soon.

“With Carolina Ale House, CO and YAMA, we have added three proven restaurant operators from the Carolinas who share our vision for a vibrant, walkable retail destination at Waverly,” said Peter B. Pappas, managing partner of Crosland Southeast.

Carolina Ale House (6,500 square feet) has all the ingredients for an unrivaled good time–over 50 TVs to catch all the action, a large variety of craft beer and award-winning, scratch-made food served with a full measure of Carolina hospitality. Fan favorites include all-natural jumbo wings, fresh burgers, generous salads and hearty sandwiches. Carolina Ale House is the perfect gathering place for sports fans, beer lovers and supporters of fun alike.

Based in Raleigh, Carolina Ale House has more than 30 locations across the Southeast and opened its uptown location in 2011 and its Concord location in 2013. This will be the company’s third location in the greater Charlotte market.

Named for the Vietnamese word for “feast,” CO (3,180 square feet) is a contemporary Pan-Asian restaurant that serves menu items including banh mi, pho, dumplings, sushi and customer favorite Curry Laksa. The restaurant also serves a collection of signature cocktails including the Lemongrass Ginger Martini and the Sriracha Mary. Owned by Greg Bauer, CO opened its first location in Charleston four years ago and has since expanded to Savannah, Myrtle Beach and Charlotte. Heralded as one of the most anticipated restaurant openings of the year, CO opened its first Charlotte location at Park Road Shopping Center in late 2015.

Considered one of the best sushi restaurants in the city, YAMA (3,400 square feet) opened its first location, Yama Asian Fusion, in SouthPark in 2007, with Yama Izakaya opening in Plaza Midwood in 2014. Owned by Birdie Yang, the restaurants have earned a devoted following for their fresh ingredients, creativity, attention to detail and intimate, welcoming atmospheres. The new YAMA location at Waverly will feature a modern, sophisticated décor along with the acclaimed Japanese fare that locals love, including sushi, sashimi, hibachi entrees, specialty rolls and Asian fusion cuisine.

Gwen Glaeser with Foundry Commercial represented the landlord on the lease transactions. J.R. Dill represented Carolina Ale House, Jackson Hughes of The Navigator Group represented CO, and Bill Diehl of Diehl Properties represented YAMA.

The new tenants join more than 30 other retail shops and restaurants that have signed at Waverly, which will combine a light, contemporary architecture with traditional placemaking in south Charlotte. A 40,000-square-foot Whole Foods, Waverly’s retail anchor, will open early next year, and 22,000-square-foot medical office anchor Novant Health opened last fall.

Chick-fil-A and Panera Bread are both under construction at Waverly, and ULTA Beauty and Chuy’s have begun their upfits in preparation for occupancy this fall. The CVS store at Waverly opened in August along with Horizon Eye Care, and several other tenants are expected to open before the end of the year.

For a complete list of tenants, visit