The historic Excelsior Club in west Charlotte has finally changed hands.
The nonprofit Historical Excelsior purchased the club from Kenwood Investments for $1.7 million on Oct. 27, according to Mecklenburg County property records.
The nonprofit is affiliated with developer Shawn Kennedy with Kennedy Properties and Development, who is leading a redevelopment of the club with the goal of restoring it as a social and cultural hub for Black residents…