NYC-based Spandrel Development buys 19 acres near Camp North End for apartment project

Camp North End Project Earlier this month, Capstone Land Sales helped broker the $4.4 million sale of a 19.1-acre parcel near Camp North End. (Capstone/Charlotte Business Journal.)

By Charlotte Business Journal

CHARLOTTE — New York City-based Spandrel Development Partners has its second Charlotte apartment project in the works.

The developer recently closed on the acquisition of 19.1 acres near Camp North End, according to Mecklenburg County real estate records. Capstone Land Sales helped brokered the $4.4 million sale of the property at 3245 Statesville Ave.

[ ALSO READ: NY developer bullish on Charlotte as it gears up for next NoDa project ]

Ian Levine, Spandrel partner and co-founder, was not immediately available to discuss the plans, but a rezoning petition filed with the city of Charlotte in July 2021 outlines Spandrel’s plan for a multifamily development with up to 350 units at the site. Charlotte City Council approved the petition in March.

Read more here.

(WATCH BELOW: Center for Digital Equity gives out 100 free laptops at Camp North End)

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