CHARLOTTE, N.C. - The owner of a historic fire station in North Carolina scheduled for demolition says a private deal has been reached to save the 100-year-old building.

The Charlotte Observer reported that developer Marcel Stark said Wednesday that two firms have provided "a finance package and structure" to preserve the building. He says the two-story Fire Station No. 2 in Charlotte will be redeveloped and redesigned for a new business.

Stark didn't provide details about the deal with Community South and Sherbert Consulting Group other than saying the business will be determined in one month and the building will be updated in four months.

Stark said earlier he had a contract with a Florida developer to buy the property for about $1.4 million under the condition that the lot be cleared before the sale was finalized.
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Information from: The Charlotte Observer, http://www.charlotteobserver.com

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