Residential development spanning 126 acres near Lake Norman gains approval

LAKE NORMAN, N.C. — A group has secured a key approval for a large proposed project near Lake Norman.

The Mooresville Board of Commissioners on Monday approved a planned development district request from NC Land Acquisitions Mooresville LLC for a 126-acre site between U.S. Highway 21 and N.C. Highway 115. The entity that sought approval is affiliated with Land South, an asset management firm based in Myrtle Beach, South Carolina.

The approval was sought to facilitate the development of a residential project with up to 560 units, including a multifamily component and single-family homes, town documents show.

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