After years of uncertainty, a new owner has closed on a deal to buy an aging apartment community across the street from Crabtree Valley Mall and has plans to redevelop the 11-acre site. Kotarides Developers, of Virginia Beach, Virginia, acquired the land and complex for $9.5 million in what could be a breakthrough deal for the property. Known as Carolina Row, the site has long been pegged for redevelopment, but past proposals from developers have fallen through. As recently as 2014, Lennar Commercial...
