Local developer plans senior housing off Providence Road

CHARLOTTE — A group of eight owners sold a 20.5-acre property on Providence Road, which will soon be redeveloped for senior housing.

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Charlotte-based Proffitt Dixon Partners recently acquired the property, on the west side of Providence and north of Lynbridge Road, for nearly $11.2 million. The land today includes some single-family homes but, with a rezoning petition by Proffitt Dixon approved by Charlotte City Council last month, the property can now be developed with higher-density housing.

Wyatt Dixon, managing principal at Proffitt Dixon Partners, said Wednesday the site will be developed with the firm’s first active-adult community. Proffitt Dixon is best known for developing market-rate, non-age-restricted apartment projects, such as Savoy in uptown, which it finished last year.

Read more here about plans for the site.