CHARLOTTE — Developers continue to tee up more multifamily projects across the region, and north Charlotte was a popular spot for such developments in November.
For starters, plans for up to 450 apartments and 150 townhomes are taking shape on 64 acres at 6540 University City Blvd. following IBM’s sale of the property to Miami-based Related Group. Also in the University area, a Pennsylvania-based developer recently filed a petition with the city to rezone an office park for a mixed-use project that includes multifamily units, and construction started last month on an affordable-housing complex. Nearby, a rezoning petition was also filed for a 200-unit apartment community on North Tryon Street near Morehead Road.
Farther north in the region, a mixed-use project including 134 apartments broke ground last month in downtown Huntersville, a six-story development with up to 263 apartments and ground-floor commercial space is moving forward in downtown Cornelius, and plans for 264 apartments on a Statesville site received final approval in November, among other endeavors.
And in Gastonia, a major residential development from national homebuilder D.R. Horton recently received the green light from city council. It is expected to include 348 apartments, 207 single-family homes and 133 attached townhouses on 100-plus acres off East Hudson Boulevard.
Find more details about these and other projects in CBJ’s latest residential real estate roundup here.
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