CHARLOTTE, N.C. — The Charlotte area’s pipeline of new residential development continued to grow in March with a mix of projects.
That includes Terwilliger Pappas’ recently filed plans to rezone about 3 acres currently owned by Duke Energy Corp. in lower South End for an apartment development. The Charlotte developer also expects to break ground soon on its 325-unit project in midtown, not far from the newly announced site of Atrium Health’s four-year medical school — property where the local health-care system is also seeking a variety of uses.
Other residential projects in the works across Charlotte include plans for smaller-than-average apartments in NoDa, as many as 69 townhomes near Camp North End and up to 200 affordable-housing units in north Charlotte, just to name a few.
One Plaza Midwood redevelopment project that proved to be controversial, drawing opposition from surrounding business owners and residents, was scrapped last month. A real estate consultant working on that project — an overhaul of the former Peculiar Rabbit site — told CBJ that plans to bring upscale residential flats to that triangular property have been canceled, and the property is no longer under contract.
And farther out in the region, several more residential developments are taking shape in towns and cities such as Matthews, Huntersville, Belmont, Kannapolis and Rock Hill, among others.
Check out the Charlotte Business Journal’s monthly roundup here on the residential developments planned or underway across the area.
Cox Media Group