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Rounding up the latest residential real estate developments in region

CHARLOTTE — Plans for multifamily projects continue to spring up across the Charlotte area.

Most recently, news of a “high-rise” apartment building coming to uptown made headlines at the end of March, with the sale of the Levine Museum of the New South at 200 E. Seventh St. A pair of New York developers are partnering to bring an undisclosed number of luxury apartments to that site.

Last month also saw several multifamily developments proposed through rezoning petitions filed with the city of Charlotte.

That includes a request by local developer SunCap Property Group to rezone a prime site in the heart of Dilworth for a mixed-use project with up to 300 multifamily units. In a different area of the city, a Wilmington-based developer has flagged more than 180 acres in the University area for a large project with 1,950 units, mixed between single-family homes, townhouses and apartments. And a 264-unit apartment complex is planned for north Charlotte should the developer’s rezoning request be granted.

While those projects are still a ways off from starting construction, a 24-story building that will house 324 apartments recently began taking shape in South End. Work on the massive Queensbridge Collective development between uptown and South End should begin by the end of this year, bringing with it hundreds of multifamily units. And an apartment complex in Optimist Park — Charlotte’s first without on-site parking — wrapped up on April 1.

Other parts of the region as well are seeing more residential development pop up. In downtown Gastonia, a long-planned apartment project will formally get underway this week. In Mount Holly, a 314-unit multifamily complex is in the works off the Catawba River. And in the Chester County town of Richburg, a master-planned development that’ll add 1,000 residential units, consisting of homes, townhouses and apartments, just received final approval.

CBJ’s latest real estate roundup provides a closer look at the residential developments that are planned or underway across the Charlotte area. Check it out here.

(WATCH BELOW: David Tepper’s real estate company files for bankruptcy over Panthers practice facility)

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