Centdev Properties Changes to Stonegate Developers, Completes Student Housing Project

by Katie Sloan

Cornelius, N.C. Stonegate focuses on retail and student housing projects.

Cornelius, N.C.
— Cornelius-based developer Centdev Properties, LLC, which has focused primarily on commercial retail development from single-tenant projects to regional shopping centers, has reorganized its business structure. Centdev retains the same partnership structure with Jeff Wakeman, Dale Tweedy and Ann Vano but will manage the retail properties that are held in the Centdev portfolio.

Stonegate Developers, LLC is a new entity focused on new commercial retail developments and student housing developments in the Southeastern U.S. It has completed its initial student housing project and has more slated.

“We believe there’s a significant opportunity in select communities throughout the Southeast to provide housing for the growing student population at colleges and universities,” says Tweedy.

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