CHARLOTTE, N.C. — Expect the Charlotte area’s influx of apartments to continue for the foreseeable future, as several more multifamily projects are in the planning stages.
One apartment development slated to break ground soon is Northwood Ravin’s 354-unit project in uptown’s Fourth Ward — it’s located at 500 W. Trade St., the site of the former James K. Polk building. Split between a 14-story tower and seven-story midrise building, those units are expected to deliver in early 2021.
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Further — and farther — down the road, Northwood Ravin could add about 1,000 apartments over the next five years at Ballantyne Corporate Park in phase one of redeveloping the 535-acre master-planned office park, which Northwood Investors purchased for more than $1 billion about two years ago. And elsewhere south of uptown, a rezoning request that would allow a mixed-use development near Whitehall Corporate Center calls for up to 352 apartments.
Also part of that mix is an affordable-housing petition approved by City Council members at their June zoning meeting that calls for as many as 200 apartments on a 16.6-acre site on Forest Point Boulevard in south Charlotte.
This slideshow offers a full look at those residential projects, as well as others, that are planned or are now underway as reported by CBJ staffers in June.