Business Details
27 Years
experience
Mixed-Use Real Estate Development Leaders
Pappas Properties has established itself as a leader in mixed-use real estate development, delivering transformative projects across the Southeast since 1999. Our expertise spans the entire development lifecycle, including master-planned communities, healthcare-anchored developments, and urban mixed-use environments. With a focus on creating vibrant, sustainable spaces, we combine strategic market insights with community-centric design to enhance tenant experiences and maximize long-term value for investors. Our team's deep understanding of zoning regulations, public-private partnerships, and tenant mix optimization ensures successful project execution in competitive markets.Backed by a track record of 14 completed projects over 25 years, we maintain long-term partnerships with stakeholders while prioritizing innovative design and operational efficiency. Our commitment to community extends beyond development through active philanthropy and initiatives that improve local well-being. As an industry-recognized firm, we continue to shape the built environment through projects that integrate residential, retail, healthcare, and recreational elements seamlessly.
Services
Mixed-Use Development
Master Planned Communities
Redevelopment
Asset Management
Construction Management
Property Management
Details
- Year established: 1999
Highlights and features
- 25 years of experience in mixed-use real estate development
- Proven expertise in navigating complex zoning and entitlement processes
- Strategic public-private partnership execution capabilities
- Sustainable development practices integrated into all projects
- Community-focused approach with active local philanthropy
Services
Mixed-Use Development
We create dynamic mixed-use developments that combine residential, retail, healthcare, and recreational spaces. Our approach prioritizes walkability, sustainability, and community engagement while maximizing investor returns through strategic tenant mix optimization. Projects like Birkdale Village and Phillips Place demonstrate our ability to deliver market-leading developments that enhance urban environments and create lasting value for stakeholders.
Master Planned Communities
Our master-planned communities integrate housing, commercial spaces, and public amenities to create cohesive living environments. Through careful land use planning and infrastructure design, we develop communities like Cadia Village that promote healthy living while maintaining financial viability through phased development strategies that adapt to market conditions and resident needs.
Healthcare-Anchored Development
We specialize in healthcare-anchored mixed-use projects that combine medical facilities with complementary retail and residential components. Our Midtown development exemplifies this approach, creating integrated environments where healthcare services coexist with lifestyle amenities to meet community health needs while maintaining commercial viability through strategic tenant partnerships.
Property Management
Our comprehensive property management services cover leasing, maintenance, and financial oversight for commercial and residential assets. We maintain optimal property performance through proactive tenant relations, preventive maintenance programs, and data-driven operational improvements that enhance asset value while ensuring compliance with regulatory standards across our diverse portfolio.
Redevelopment
We transform underutilized properties through adaptive reuse and urban renewal initiatives. Projects like Charlotte Cotton Mills demonstrate our expertise in preserving historical elements while modernizing infrastructure to meet contemporary needs, creating vibrant spaces that respect community heritage while delivering modern functionality and economic revitalization through strategic redevelopment.
People
Peter A. Pappas
Founder & CEO
Founder of Pappas Properties in 1999, Peter has led transformative projects across the Southeast including Phillips Place and Birkdale Village. With prior experience at Harris Group and Bissell Companies, he established the Peter A. Pappas Real Estate Development Program at NC State University in 2024 to promote responsible growth and community building through education.
Thomas J. Walsh
Executive Vice President, COO
Overseeing $1B+ in mixed-use developments, Tom leads project acquisition through disposition while serving on Urban Land Institute Advisory Board. Recognized as 2024 Charlotte Business Journal 40 Under 40 honoree, he focuses on healthcare-anchored projects like Midtown Charlotte and Mooresville's wellness community.
Jim Schumacher
Senior Vice President, Mixed Use Development
Directing entitlement and construction of mixed-use projects since 2015, Jim previously served as Charlotte City Engineer overseeing infrastructure for Spectrum Arena and NASCAR Hall of Fame. He holds a BS in Civil Engineering from West Virginia University and brings public sector expertise to private development.
Matthew Tsau
Senior Vice President, Multifamily
Leading multifamily development with $2B+ experience, Matt previously headed development at WC Smith in Washington, D.C. He manages Charlotte's Midtown and Matthews wellness community projects while applying expertise in financial viability and sustainable design from his Harvard AMDP program training.
Mike Moore
Vice President, Construction
Managing construction of $100M+ projects including Sharon Square and Midtown, Mike brings 15+ years of commercial construction experience. Former Vice President roles at Concorde Construction and Campus Crest Communities inform his approach to project management across 20 states with emphasis on quality control and timely delivery.
Questions
What types of real estate projects does Pappas Properties develop?
We specialize in mixed-use developments, master-planned communities, healthcare-anchored projects, and urban environments integrating residential, retail, and commercial elements.
In which geographic areas do you operate?
Our primary focus is the Southeast United States, with major projects in Charlotte, Matthews, Mooresville, and Huntersville, North Carolina.
How does Pappas Properties approach community development?
We prioritize sustainable design, public-private partnerships, and community engagement to create spaces that enhance local well-being and economic vitality.
What sets your firm apart from other developers?
Our 25-year track record combines zoning expertise, tenant mix optimization, and comprehensive project management from land acquisition through construction and operations.
Can you describe your sustainability practices?
We integrate energy-efficient design, walkable community planning, and environmentally responsible construction methods across all our developments.
What notable projects has your company completed?
Key projects include Birkdale Village, Phillips Place, Sharon Square, Metropolitan, and Midtown - all recognized for their innovative mixed-use design and community impact.
