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CHARLOTTE — A luxury retirement rental community near Dilworth is now open two-and-a-half years after breaking ground.
Residents began moving into The Village on Morehead tower in mid-February, according to a representative for senior-living developer Bridgewood Property Co. Houston-based Bridgewood worked with investment management firm Harrison Street on the project.
The 12-story building at 727 E. Morehead St. includes 192 independent-living units for seniors ages 55 and up. There are 19 floor plans that include private balconies, floor-to-ceiling windows and walk-in closets. Units range from one to three bedrooms and 800 to 2,128 square feet.
The Village on Morehead is a membership-only community, which requires residents to pay a one-time entry fee and sign a 12-month lease. Monthly rental and entry fees vary by unit size, starting at $5,875 and $10,000, respectively.
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