CHARLOTTE, N.C. — A Florida-based developer with an office in Charlotte is moving forward with another multifamily project here.
Ram Realty Advisors has purchased a 2.6-acre site in South End for just over $10.3 million, according to Mecklenburg County real estate records. The site at 421 W. Tremont Ave. will be home to Everly, a 253-unit apartment complex, the developer announced. The land sale comes after Ram secured rezoning for the project in February. Rachel Russell Krenz, Ram’s director of development in North Carolina, said the project is expected to deliver in mid-2023.
“This an opportunity for Ram to bring another unique housing option to this neighborhood, based on what South End residents want today, and what will be attractive to those future employees moving to the area,” Krenz said.
Read more here.
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