CHARLOTTE, N.C. — The Charlotte Business Journal, as it does every month, has rounded up the area’s latest residential developments. A quick teaser: Apartments play a prominent part in the May roundup.
This should come as no surprise to observers of the local multifamily sector, as the Charlotte market has been no stranger to rapid apartment construction for multiple years.
A number of apartment and townhouse developments that will dot the local landscape in the future were approved by Charlotte leaders during the city’s May zoning meeting, a session that also heard resident complaints over various petitions that called for higher-density housing in suburban areas. Among the handful of those projects to receive the green light were plans for 260 multifamily and single-family residential units in north Charlotte and as many as 206 new townhouses in the Steele Creek area.
That comes as a 400-plus unit development is set to deliver at the site of a former Pepsi bottling facility in South End in addition to the upcoming groundbreaking of a luxury apartment tower at Ballantyne Corporate Park — which will signal the very first apartments to be built there.
This slideshow has a full look at the residential projects planned or nearing completion as reported by CBJ staffers in May.
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