Charlotte developer to add apartments, retail space at new project near South End

CHARLOTTE, N.C. — A local developer is planning its next multifamily project in the burgeoning Gold District.

The Spectrum Cos., in partnership with Charlotte real estate investment management company FCA Partners, will develop a 303-unit, eight-story apartment project on South Mint Street, between Carson Boulevard and West Palmer Street and a couple of blocks from the firm's Vantage South End project. Spectrum rezoned about 2.2 acres there in July, converting the land to one of the new transit-oriented development districts.

Construction is set to begin this spring, with expected completion in the first half of 2022. Spectrum and FCA paid about $9.5 million in three transactions for the land, according to Mecklenburg County real estate records.

Read more here.

This browser does not support the video element.

Read more top trending stories on wsoctv.com: