A rendering of the planned Sunset Cove resort in Mooresville.

Jan. 5. By TL Bernthal. Developer Brett Krueger announced the last hurdle for Sunset Cove has been take care of, allowing plans for a lakefront boutique hotel, restaurant and 283 multi-family condos on 15.5 acres in Mooresville.

Brett Krueger

Krueger took to social media to say that Mooresville approved annexation of the property this week, which has about 1,5000 feet on Lake Norman that boasts beautiful sunset views.

“This was the last hurdle we had to cross to ensure this one-of-a-kind development happens,” Krueger posted. “Many people have tried over the years to assemble a waterfront hotel on this lake; I was happy to be the first and most likely only ever on Lake Norman.”

The site is at Exit 31 on I-77 across from Lowes Cos. Headquarters. Krueger formed Sunset Cove Partners LLC, which bought the 15.5 acre site for $8 million years ago.

“There has not been a condo project on this lake in over 30 years because most the waterfront land had been sold mostly as residential even making [assembling property] nearly impossible because of pricing and restrictions,” he wrote. “I had to assemble many parcels and deal with many land owners.”

Krueger got approvals for a hotel in 2019, but the  COVID-19 pandemic stopped that project.

The new plans call for a smaller “boutique” hotel that will most likely have 30 rooms above a beach club style restaurant, pool and spa, he posted on LinkedIn and Facebook.

Construction of the $250-million Sunset Cove hotel resort could now start in the second or third quarter of this year and finish in about four years.

Krueger, who worked for MRK Investments for many years, helped recreate The Ivey’s in Uptown Charlotte, as well as the Windsor Boutique Hotel in Asheville. The new hotel will be on a par with those luxury properties.

Krueger did not respond to requests for an interview.

Blue prints for Sunset Cove.