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New owners present Brooklyn Village Phase 1 plans; commissioners press on affordability and legacy

Mecklenburg County Board of County Commissioners · August 6, 2026
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Summary

1st and Early Capital introduced their acquisition of Brooklyn Village Phase 1 and proposed a 75‑day collaborative process to create a financeable Phase 1 that preserves affordability and the neighborhood legacy; commissioners pressed for clearer affordable‑housing commitments and partner credentials.

Developers from 1st and Early Capital told the board they acquired Phase 1 of the Brooklyn Village site (Bob Walton Plaza) on June 25 and outlined a planned 75‑day collaborative process with county staff to develop a financeable Phase 1 framework.

Cofounder Andre Collins emphasized local ownership and a stated commitment "to preserve the county's affordability commitment" and to honor Brooklyn's legacy. Commissioners asked for specificity: several said a 10% affordable housing target "is a start" but likely too low for the board, asked the developers to identify delivery partners and to show how legacy and green space would be protected. The manager said staff will continue collaboration and return with a recommended framework and materials for board review.