Local apartment developer buys land near South End for next project

CHARLOTTE — The Charlotte-based multifamily subsidiary of national homebuilder Lennar Corp. will soon begin work on its next Queen City project.

[Mixed-use project in Elizabeth reaches construction milestone]

LMC last month purchased 5.7 acres at Verbena and Gilead streets, behind Lower Left Brewing Co., for $8.8 million, according to Mecklenburg County real estate records. The site, which includes 213 Verbena St., today contains industrial buildings.

Jeff Harris, Carolinas division president at LMC, said the firm will develop a 273-unit apartment development at the site.

Read more here.

Comments on this article