Lauth Announces New Tenants for Catawba Springs Promenade

CHARLOTTE (October 22, 2007) – Lauth today announced the names of a dozen tenants that will join Lowe’s Home Improvement Center at Catawba Springs Promenade. The 280,000 square foot power center is located at the intersection of Highway 16 and Highway 73 in Denver, NC.

“Lauth is excited by the strong retailer interest in our project,” said Paxton Hollar, Vice President of Retail Development at Lauth’s Charlotte Office. “I believe that we have been successful in taking the traditional regional shopping center to a higher standard with enhanced architecture and landscaping at Catawba Springs Promenade.”

Catawba Springs Promenade will be anchored by a 165,000 SF Lowe’s Home Improvement Center, scheduled to open in November. Joining Lowe’s will be: Verizon, AutoZone, Chesterbrook Academy, Chick fil-A, Sweet Dreams, Noa Salon, Nevoles, Beef O’Brady’s, Showmars, Alltel, and 24.7 Fitness Studio.

Catawba Springs Promenade is one of three retail centers currently under construction by Lauth in the Charlotte area. Other developments include The Shoppes at Rivercrest, a Wal Mart anchored center in Granite Falls, NC; and Moores Chapel Village, a Food Lion anchored grocery center in Charlotte.

Lauth is the 3rd largest commercial real estate developer in the Charlotte-area according to the Charlotte Business Journal. Other projects include:

  • NASCAR Plaza, a 20-story office tower in downtown Charlotte
  • Two healthcare facilities
  • Edgewater Corporate Center, including the award-winning, LEED Registered HSBC Regional Headquarters
  • Southgate Corporate Park

This marks the latest announcement for Lauth, one of the nation’s leading developers and contractors. The company recently broke ground on Riverview Point, a six building office park near Phoenix, and Montecito Point, an 187,000 SF LEED Registered Office building in Las Vegas. Lauth also broke ground on a healthcare facility for PinnacleHealth in Mechanicsburg, PA, and opened the Bon Secours Health Center in Virginia Beach, VA earlier this year.

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About Lauth
Since 1977, Lauth has been building facilities for clients to lease or own throughout the United States. Lauth’s years of solid experience, coupled with completed projects worth billions, make it a leading national development and construction firm. Lauth delivers virtually any type of facility including healthcare, industrial, office, or retail from offices in Indianapolis, Charlotte, Dallas, Denver, Orlando and Phoenix. Additional Lauth information is available at www.lauth.net. People. Trust. Experience. ®