CHARLOTTE — Developers continue to tee up more multifamily projects across the region, and north Charlotte was a popular spot for such developments in November.
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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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