Koury Corporation

Koury Corporation

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About Koury Corporation

Koury Corporation, established in 1952 by Joseph S. Koury and Bill Kirkman, is a family-owned real estate development company headquartered in Greensboro, North Carolina. Over the decades, the company has significantly contributed to the region's growth by developing a diverse portfolio that includes residential communities, commercial properties, and hospitality venues.

Residential Developments

Koury Corporation has been instrumental in shaping Greensboro's residential landscape. The company has developed numerous single-family homes, townhomes, and apartment complexes, catering to various demographics and preferences.

Notably, the Grandover Resort & Conference Center, a 1,500-acre master-planned community, features upscale residential neighborhoods alongside its resort facilities.

Commercial Properties

In the commercial sector, Koury Corporation owns and manages over 860,000 square feet of office space in Greensboro. These properties house both local and national tenants, including corporate headquarters and regional offices.

The company's expertise extends to the development of industrial parks and mixed-use properties, such as the Village at North Elm, which integrates retail, office, and residential spaces in a pedestrian-friendly environment.

Hospitality Ventures

Koury Corporation's hospitality ventures are among its most prominent achievements. The Sheraton Greensboro Hotel & Koury Convention Center, with nearly 1,000 guest rooms and 250,000 square feet of meeting space, stands as one of the largest hotel and convention facilities between Washington, D.C., and Atlanta.

Additionally, the company developed the Four Seasons Town Centre, Greensboro's first enclosed shopping mall, and the Joseph S. Koury Convention Center, enhancing the city's appeal as a destination for both leisure and business travelers.

Expansion and Recent Developments

Beyond Greensboro, Koury Corporation has expanded its footprint into other North Carolina markets. In Charlotte, the company acquired the Toringdon Circle Shopping Center, a mixed-use development featuring retail, office, and medical facilities.

In 2018, Koury purchased the Caldwell Crossing Shopping Center in Harrisburg, NC, further diversifying its portfolio. The company's commitment to growth is evident in its ongoing projects, such as the development of Third & Wood in Mebane, NC, an 82.9-acre mixed-use development set to include retail, dining, medical facilities, and residential units.

Company Philosophy

Guided by the principles established by founder Joseph S. Koury, the company emphasizes quality, integrity, and long-term ownership. Koury Corporation's fully integrated approach, encompassing development, construction, leasing, and management, ensures a cohesive and hands-on experience for tenants and residents alike.

This comprehensive strategy has solidified the company's reputation as a leading real estate developer in the southeastern United States.

Locations

Koury Corporation's primary operations are based in Greensboro, North Carolina, where it manages a substantial portfolio of properties.

The company has also established a presence in other North Carolina locations, including:

  • Greensboro, NC, US
  • Greensboro, NC, USA

These expansions reflect Koury Corporation's commitment to contributing to the growth and development of communities across North Carolina.

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