Koury Corporation

Koury Corporation
Industry Real Estate
Founded 1952 (1952)
Founder Joseph S. Koury
Headquarters Greensboro, North Carolina
Number of employees
 1,400
Website www.kourycorp.com

Koury Corporation is a real estate development company based in Greensboro, North Carolina. The company was founded by Joseph S. Koury in 1952.

The company is very diversified and owns apartment complexes, hotels, condos, shopping centers, golf courses, industrial parks, and residential communities. It built Greenboro's first shopping mall, the Four Seasons Town Centre, in 1974 and has pioneered much of the Piedmont Triad's early residential and commercial development.

The Sheraton Hotel Greensboro/Koury Convention Center is the largest hotel/convention center complex between Atlanta and Washington, DC and the Grandover Resort is considered to be North Carolina's premier golf resort. Koury Corporation has a number of departments, including construction, real estate, business development, housekeeping, communications, and at one time its own police department. The company employs more than 1400 people in the Greensboro area.

History

In 1952, the company was founded by Joseph S. Koury.

In 1974, it built Greenboro's first shopping mall, the Four Seasons Town Centre. The mall was sold to General Growth in 2004.[1]

In February 2015, the company completed renovations to the Holiday Inn Greensboro Coliseum Hotel.[2]

In January 2016, Edmund W. Koury, the chairman of the company, died.[3]

In March 2017, the company renovated its Grandover Resort.[4]

In June 2017, the company began development of the 111-acre western portion of its Grandover development.[5]

References

  1. ↑ Trainor, Tim (March 9, 2004). "General Growth Properties Keeps Growing". CoStar Group.
  2. ↑ Sutter, Mark (February 11, 2015). "Koury Corp. introduces new hotel ... with a familiar ring to it". American City Business Journals.
  3. ↑ Arcieri, Katie (January 14, 2016). "Former Koury Corp. executive dies". American City Business Journals.
  4. ↑ Brasier, John (March 17, 2017). "Koury changing grass on Grandover course in upcoming wave of property renovations". American City Business Journals.
  5. ↑ Brasier, John (June 22, 2017). "Millis and Main open, Koury awaits grocer's go-ahead at Grandover". American City Business Journals.
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