Friday, September 30

Tag: nc

Uptown Charlotte Epicentre entertainment site up for auction
Entertainment

Uptown Charlotte Epicentre entertainment site up for auction

The Epicentre was once uptown Charlotte’s hottest spot for nightlife and entertainment. But on Thursday, in the wake of defaulting on a major loan and foreclosure proceedings, it will be sold at auction in the county courthouse. That marks quite a humbling turn for the 14-year-old site that had once hosted high-profile events like Democratic National Convention parties and NBA All-Star Game celebrations. The public auction for the 302,324-square-foot mixed-use complex is at 10 a.m. on the first floor of Mecklenburg County Courthouse at 832 E. 4th St. Last June, Epicentre fell into receivership after defaulting on its $85 million loan with lender Deutsche Bank Trust Co. Property foreclosure proceedings started in March. The three-story, one-block center at 201 E. Trade St. with ...