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CHARLOTTE — Local real estate investment company RK Investors is eyeing a 53-acre site in south Charlotte for a massive retirement community.
RK Investors filed a petition with the city of Charlotte on June 27 to rezone three parcels of wooded land between Elm Lane and Rea Road from single-family residential to urban residential (conditional). That would pave the way for a 1,100-unit retirement community, according to site plans. The land is owned by The Gillespie Family Limited Partnership and Elm Lane Holdings.
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