City council agrees to give developer more time to build Ballantyne affordable housing

CHARLOTTE — Charlotte City Council agreed to give a developer more time to build affordable housing in Ballantyne.

Crosland Southeast now has until the end of June to close on financing and get permits for the complex.

PREVIOUS:

• City leaders approve spending $23M on affordable housing projects
• Timeline could be extended for Ballantyne affordable housing development

The City says the developer needs more flexibility because of uncertainty in commercial financial markets and federal financing complexities.

Plans call for 60 units off Ballancroft Parkway near the corner of Johnston Road and Providence Road West.

(WATCH: Resident kicked out of Charlotte City Council after disrupting public speakers)

Resident kicked out of Charlotte City Council after disrupting public speakers

©2024 Cox Media Group