:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/HLWEQKEI5BBXFNDHYJPIB5UPGM.jpg)
CHARLOTTE — Alliance Residential Co. has acquired new property in NoDa where it’s planning a 302-unit apartment community.
The Scottsdale, Arizona-based development firm on Monday closed on its purchase of 3.5 acres at 120 Matheson Ave., according to a media representative. Alliance declined to provide the sale amount, and the deed has not yet been filed with Mecklenburg County.
A year ago, Charlotte City Council approved Alliance’s request to rezone the property from industrial to mixed-use development.
VIDEO: Business owners in NoDa concerned about safety
:quality(70)/d1hfln2sfez66z.cloudfront.net/06-30-2022/t_06056e7642604e819ed49aaaa173fe30_name_TZ_2A__NODA_SAFETY_transfer_frame_1362.jpeg){kind=spacer}
©2023 Cox Media Group
/cloudfront-us-east-1.images.arcpublishing.com/cmg/LH3JSJEF3VBLRJLJQESEAG34AM.png)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/JG52P2CSOFAQHAIAIB2YLMBKHI.jpg)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/L3NGKEOSDRC57MX6YQHKTGCXEY.jpeg)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/HZSM2WM6X5EX7FQQH7L5MPKMBA.jpg)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/3OEIM6J6AJDJXJVW2XDLKC4FRM.jpeg)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/NEGL4MJQGBDCPJNIS6WFW6ZZEY.png)