Charlotte New Construction & Proposed Multifamily Projects 2Q20
ID PROPERTY UNITS
1 The Court at Redstone 260 186 15 The Mason @ Six Mile Creek 300 16 Capital Club 312 19 Beverley 201 20 The Flats at Indian Land 289 Total Lease Up 1,362
35 Residences Galleria 250 204
36 Broadstone Lemmond Farm 336 74 Total Under Construction 586
58 Pinehurst on Providence Phase II 830 74 Farmington 575 76 Active Retirement 241 36 88 Poplin Road Mixed Residential 182 173 132 89 Town Centre 348
90 Ballantyne Corporate Park Residential 212 116 91 Solis Chestnut Farm 256 133 92 The Exchange at Old Town Depot 191 134 58 93 Knowledge Park Student 200 136 94 Villas at Gaden Way Redevelopment 96 Total Planned 3,131 35 174 76 175 189 116 Lerner Property Townhomes 75 188 132 Eastland Mall Redevelopment 400 133 Wallace Lane Townhouses 119 176 134 Wallace Road Multi-Residential 90 89 88 136 Carmel on Providence Redevelopment 195 19 192 91 173 The Hub on Harris 288 90 193 190 191 174 Marshall Hooks 105 194 175 Quail Hollow Village 290 176 Retreat at McAlpine Creek Renovation 400 186 The Cascades 104 16 188 Union Park Townes 220 20 1 189 Willows at Stallings 345 195 The Arbors at Manchester Village 220 197 190 Elm Lane Townhomes 61 196 Knowledge Park Senior 93 15 191 Lancaster Village Townhomes 108 197 Marvell 200 92 192 The Heritage Towers 200 204 Hickory Ridge Road & Rocky River Road 55 94 208 193 Southbridge 600 208 CrossRidge Center 100 195 Total Prospective 4,484 196 93 194 Vintage Fort Mill 216 2 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 2Q20
ID PROPERTY UNITS 106 Realtor Building Redevelopment 200 107 Strawn Cottages Redevelopment 160 3 The Mezzanine at Freedom 185 5 Element SouthPark 345 108 Colony Redevelopment 340 7 The Edge 263 Total Planned 7,409 8 Bainbridge NoDa 273 124 9 Amaze @ NoDa 284 109 1200 Metropolitan Avenue 140 50 172 127 129 11 Camden Grandview Townhomes 50 110 CitiSculpt Phase II 255 56 12 Alta Purl 310 9 111 Morehead Overlook Mixed Use 200 123 131 54 14 Broadstone Queen City 260 130 122 112 North Alexander Street 100 215 17 Centro Railyard 91 53 128 113 Legacy Union 300 51 18 Link Apartments Montford 288 119 8 126 114 Link at Elizabeth 550 120 125 24 The Village at Commonwealth Phase II 422 115 Plaza Midwood Mixed Use 100 3 52 47 Total Lease Up 2,771 55 117 Providence Road Townhomes 64 12 118 Kenilworth Ave Housing Complex 82 27 44 105 25 Novel LoSo Station 350 34 38 41 119 915 Hamilton Street 440 121 27 500 West Trade Street 354 48 45 34 Morehead Ridge 280 120 State Street 140 113 112 49 46 38 FNB Tower 196 121 West Morehead 212 14 11 115 41 The Ellis 549 122 2715 North Davidson Street 147 17 111 213 42 Hazel SouthPark 203 123 Camp North End 850 63 114 24 214 107 109 43 Hawk 71 124 Craighead NoDa 300 64 43 106 Total Under Construction 2,003 125 Fountains NoDa 50 62 143 110 126 Greenway District 255 216 118 44 Seventh & Tryon 685 127 Herrin Ice Redevelopment 200 45 South Mint Street 303 128 HopHaus Lofts 200 7 46 Uptown Central Station 431 129 Tryon Hills 295 47 712 North Smith Street 350 130 West 25th Street & North Pine Street 343 117 48 Evoke Living at Westerly Hills 156 25 131 Yards at NoDa Phase II 160 49 Link Mint 259 59 135 2802 Coltsgate Road 240 50 Rozzelles Ferry Road 133 137 Colony Redevelopment Phase II 650 51 Savona Mill Redevelopment 800 52 Sycamore at Gateway 400 138 Fairview Road 325 140 53 Camden NoDa 385 139 Drexel Place 265 54 NoDa 3536 200 140 South Village 82 139 55 North Davidson Street & East 21st Street 290 141 Two Montford Park 300 61 18 56 Station House 300 142 The Walden 130 60 142 57 Allure Phase II 200 143 Dunavant and Distribution 400 141 59 East Cama 350 172 Sugar Creek Station 1,000 60 Link Apartments Montford Phase II 250 213 Brooklyn Village 1,177 61 Melrose Place Redevelopment 265 214 Strawn Cottages 565 62 New Brookhill 324 Redevelopment Phase II 57 108 137 63 The Square at South End 100 215 Callahan & Spring 250 42 64 West Tremont Avenue 100 216 New Brookhill 324 5 138 105 First Ward 428 Total Prospective 11,091 135 2 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 2Q20
ID PROPERTY UNITS
2 Bainbridge Research Park 304 22 4 Verde at McCullough Station 280 6 The Wayford at Concord 150
10 Alta Croft 282 184 22 Hawthorne at the Glen 254 Total Lease Up 1,270
158 28 Mallard Pointe 260 6 29 Vue on University Center 271 152 154 30 Mosby University City 309 68 33 Apartments @ Eleven240 271 67 159 Total Under Construction 1,111 150 10 166 156 157 33 185 66 2900 Governor Hunt Road 167 148 67 Broadstone Highland Creek 260 68 Christenbury Commons 350 164 69 Innovation Park Redevelopment 1,450 151 28 70 North Tryon Street 100 165 167 160 71 Novel University Place 308 66 72 Tapestry University City 352
73 Eastway Drive 200 146 2 168 75 Rocky River Residential 126 163 149 Total Planned 3,313 71 69 29 4 146 6428 Beatties Ford Road 128 148 Northlake Centre Parkway 78 70 149 Northpark Blvd & Reames Road 72 72 162 150 Wren Northlake by Cortland Phase II 300 155 161 30 151 7001 West Sugar Creek Townhomes 75 163 Ashford Green Renovation 300 153 75 152 Ardmore at Bryton 288 164 Christenbury 248 153 Cannon and Oneida Residential 525 165 Nexus 485 228 171 154 Christenbury Commons 170 166 Ridge Road 105 170 155 Dillon Lake 240 167 Trevi Village 240 73 156 Mallard Creek Road & Odell School Road 234 168 UNCC Heritage 194 157 Prosperity Village 300 169 Citiside Seniors 70 158 Soléa Charlotte 184 170 Fairview Lodge 117 169 159 Summer Creek Lane Mixed-Use 84 171 Sugar Creek and Munsee 50 160 West Mallard Creek Church Road & Interstate 85 395 184 Vermillion Village 400 161 7101 McFarlane Blvd 50 185 The Addison Eighty50 339 162 7600 University 390 Total Prospective 5,804 2000 ft Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 2Q20
207 104
211 212 ID PROPERTY UNITS
32 The Point at Caldwell Station 297 39 The Bridges of Cabarrus 144 40 VIDA 275 Total Under Construction 716
83 Birkdale Golf Club 210 84 Caldwell Station Phase II 176
85 Downtown Catalyst Project 125 206 86 Sam Furr Road Senior 78 87 Redwood Kannapolis 166 102 101 Lake Davidson 420 102 Mill One 90 103 103 Route 21 & East Waterlynn Road 237 104 Simonton Road Senior 100 Total Planned 1,602 101
187 Copperfield 216 210 206 Sycamore at Mooresville 275 85 40 207 Landon Greene 60 209 Rivercross 240 210 209 Kannapolis Stadium 270 87 39 187 211 Rowan Woodland 240 32 86 212 Westbrook Trace 84 83 84 Total Prospective 1,385 1000 ft Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 2Q20
ID PROPERTY UNITS 202 13 Avion Point 200 21 The Newton 274 147 82 23 Loftin at Montcross Senior Phase II 100 Total Lease Up 574 144 205 203 65 145 26 Broadstone Ayrsley 320 99 31 Steele Creek Rivergate 410 37 Solis City Park 272 Total Under Construction 1,002 100 98 201 65 Villages at Creedmore 138 23 77 Tryon Street & Youngblood Road 240 78 Whitehall - Mixed Use 352 79 80 79 Chronicle Mill Redevelopment 240 97 199 80 The Morris At Belmont 325 200 81 Steele Creek 330 95 82 Elm Street 100 95 Ashton Place 80 96 96 Mills Creek Phase IV 84 97 Seasons of Gastonia 156 98 Loray Mill Phase II 105 198 182 99 Rhyne Terraces 80 100 Trenton Mill Redevelopment 85 217 Total Planned 2,315 37
13 144 Mount Holly Road 70 145 Whitewater Point 165 81 147 Garron Point 240
177 Hamilton Road 206 183 181 178 Shopton Road West 240 78 179 South Tryon Street 231 180 Springs at Steele Creek 272 181 Steele Creek 270 182 River District 300 26 183 Sweetgrass at Steele Creek 230 198 Catawba Creek Villas 84 199 New Hope Road 230 179 200 Oaken Trails 56 180 201 Wilson 616 202 301 - 303 South Spargo Street 50 178 203 Northglenn 320 31 205 Bellewood 96 77 21 217 River District 124 177 Total Prospective 3,800 1000 ft Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
1 The Court at Redstone 3000 Fast Lane Indian Land SC 29707 Lease-Up 260 Lancaster County 08/01/2019 12/31/2020 06/01/2020 2 Bainbridge Research Park 1701 J N Pease Place Charlotte NC 28262 Lease-Up 304 North Charlotte 07/31/2019 12/31/2020 04/24/2020
3 The Mezzanine at Freedom 2635 Freedom Drive Charlotte NC 28208 Lease-Up 185 Third Ward - Lakewood 05/26/2019 12/31/2020 01/28/2020
4 Verde at McCullough Station 8320 University Executive Park Drive Charlotte NC 28262 Lease-Up 280 UNC at Charlotte 08/31/2018 12/31/2020 10/31/2019
5 Element SouthPark 4425 Sharon Road Charlotte NC 28211 Lease-Up 345 Foxcroft 10/29/2018 11/30/2020 06/01/2020
6 The Wayford at Concord 6544 Weddington Road Concord NC 28027 Lease-Up 150 Concord - west 10/14/2019 11/30/2020 10/18/2019
7 The Edge 2705 Haverford Place Charlotte NC 28209 Lease-Up 263 Colonial Village - Montclaire 03/23/2019 10/31/2020 06/07/2020
8 Bainbridge NoDa 2509 North Davidson Street Charlotte NC 28205 Lease-Up 273 Tryon Hills 10/13/2018 09/30/2020 05/05/2020
9 Amaze @ NoDa 3750 Philemon Avenue Charlotte NC 28206 Lease-Up 284 Tryon Hills 03/27/2019 09/30/2020 03/18/2020
10 Alta Croft 3030 Barrow Road Charlotte NC 28269 Lease-Up 282 North Charlotte 07/01/2019 09/30/2020 03/02/2020
11 Camden Grandview Townhomes 309 East Morehead Street Charlotte NC 28202 Lease-Up 50 Uptown 10/26/2017 09/30/2020 12/31/2018
12 Alta Purl 1018 North Caldwell Street Charlotte NC 28206 Lease-Up 310 Second Ward 01/01/2019 08/31/2020 06/10/2020
13 Avion Point 2335 West Tyvola Road Charlotte NC 28217 Lease-Up 200 Southwest Charlotte 06/16/2019 08/31/2020 05/01/2020
14 Broadstone Queen City 101 West Morehead Street Charlotte NC 28202 Lease-Up 260 Uptown 07/01/2018 08/31/2020 03/01/2020
15 The Mason @ Six Mile Creek 5209 Craftsman Drive Indian Land SC 29707 Lease-Up 300 Lancaster County 11/23/2018 08/31/2020 03/01/2020
16 Capital Club 2278 Capital Club Way Indian Land SC 29707 Lease-Up 312 Lancaster County 01/01/2018 08/31/2020 02/28/2020
17 Centro Railyard 1425 Winnifred Street Charlotte NC 28203 Lease-Up 91 Third Ward - Lakewood 03/01/2019 08/31/2020 02/06/2020
18 Link Apartments Montford 1606 Abbey Place Charlotte NC 28209 Lease-Up 288 Colonial Village - Montclaire 10/29/2018 08/31/2020 01/07/2020
19 Beverley 11926 North Community House Road Charlotte NC 28277 Lease-Up 201 Ballantyne - Providence 03/23/2019 08/31/2020 01/03/2020
20 The Flats at Indian Land 4104 Flats Main Street Indian Land SC 29707 Lease-Up 289 Lancaster County 07/26/2018 08/31/2020 07/01/2019
21 The Newton 15902 White Street Charlotte NC 28278 Lease-Up 274 Southwest Charlotte 02/28/2019 08/31/2020 06/20/2019
22 Hawthorne at the Glen 6255 Fernwood Drive Concord NC 28027 Lease-Up 254 Kannapolis 10/01/2018 08/31/2020 06/03/2019
23 Loftin at Montcross Senior Phase II 844 Hawley Avenue Belmont NC 28012 Lease-Up 100 Belmont 07/26/2018 08/31/2020 04/01/2019
24 The Village at Commonwealth Phase II 1308 Lorna Street Charlotte NC 28205 Lease-Up 422 Morningside 04/30/2018 08/31/2020 02/01/2019 Total Lease-Up 5,977 25 Novel LoSo Station 3610 South Blvd Charlotte NC 28209 Under Construction 350 Colonial Village - Montclaire 04/01/2020 04/30/2022 26 Broadstone Ayrsley 2215 Silver Crescent Drive Charlotte NC 28273 Under Construction 320 Southwest Charlotte 04/01/2020 04/30/2022 27 500 West Trade Street 500 West Trade Street Charlotte NC 28202 Under Construction 354 Uptown 12/03/2019 12/31/2021 28 Mallard Pointe 11030 David Taylor Drive Charlotte NC 28262 Under Construction 260 North Charlotte 01/31/2020 12/31/2021 East Mallard Creek Church Road & 29 Vue on University Center Charlotte NC 28213 Under Construction 271 UNC at Charlotte 12/01/2019 12/31/2021 University City Blvd 30 Mosby University City Sandy Avenue & North Tryon Street Charlotte NC 28213 Under Construction 309 Hidden Valley - Oak Forest 10/31/2019 12/31/2021 Steele Creek Road & 31 Steele Creek Rivergate Charlotte NC 28278 Under Construction 410 Southwest Charlotte 08/31/2019 12/31/2021 Walker Branch Road 32 The Point at Caldwell Station 17355 Old Statesville Road Huntersville NC 28078 Under Construction 297 Huntersville 10/31/2019 12/31/2021 33 Apartments @ Eleven240 11240 Woolwich Street Charlotte NC 28216 Under Construction 271 Wedgewood 07/31/2019 09/30/2021 34 Morehead Ridge 1750 West Morehead Street Charlotte NC 28208 Under Construction 280 Third Ward - Lakewood 06/16/2019 06/30/2021 Source: Yardi Matrix Yardi Source: Charlotte New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
35 Residences Galleria 10252 Monroe Road Charlotte NC 28270 Under Construction 250 Matthews 10/31/2019 06/30/2021 36 Broadstone Lemmond Farm 11901 Albemarle Road Charlotte NC 28227 Under Construction 336 Hidden Valley - Oak Forest 10/31/2019 04/30/2021 37 Solis City Park 2322 Arbor Loop Drive Charlotte NC 28217 Under Construction 272 Southwest Charlotte 08/15/2019 02/28/2021 38 FNB Tower 401 South Graham Street Charlotte NC 28202 Under Construction 196 Third Ward - Lakewood 07/31/2019 12/31/2020 39 The Bridges of Cabarrus 2625 South Ridge Avenue Kannapolis NC 28083 Under Construction 144 Kannapolis 07/12/2018 12/31/2020 40 VIDA West B Street & South Main Street Kannapolis NC 28081 Under Construction 275 Kannapolis 08/31/2019 12/31/2020 41 The Ellis 512 North College Street Charlotte NC 28202 Under Construction 549 Uptown 06/20/2019 11/30/2020 42 Hazel SouthPark 4401 Barclay Downs Drive Charlotte NC 28209 Under Construction 203 Foxcroft 06/01/2018 08/31/2020 43 Hawk 1932 Hawkins Street Charlotte NC 28203 Under Construction 71 Southside Park - West Blvd 07/15/2019 08/31/2020 Total Under Construction 5,418 44 Seventh & Tryon East 7th Street & North Tryon Street Charlotte NC 28202 Planned 685 Uptown South Mint Street & 45 South Mint Street Charlotte NC 28203 Planned 303 Uptown West Carson Boulevard 46 Uptown Central Station Brevard Street & 4th Street Charlotte NC 28202 Planned 431 Uptown 47 712 North Smith Street 712 North Smith Street Charlotte NC 28202 Planned 350 Third Ward - Lakewood 48 Evoke Living at Westerly Hills 2503 Westerly Hills Drive Charlotte NC 28208 Planned 156 Third Ward - Lakewood 49 Link Mint 1200 South Mint Street Charlotte NC 28203 Planned 259 Third Ward - Lakewood Rozzelles Ferry Road & 50 Rozzelles Ferry Road Charlotte NC 28208 Planned 133 Third Ward - Lakewood West Trade Street 51 Savona Mill Redevelopment 500 South Turner Avenue Charlotte NC 28208 Planned 800 Third Ward - Lakewood NWC West 6th Street & 52 Sycamore at Gateway Charlotte NC 28202 Planned 400 Third Ward - Lakewood North Sycamore Street North Davidson Street & 53 Camden NoDa Charlotte NC 28205 Planned 385 Tryon Hills Jordan Place 54 NoDa 3536 436 East 36th Street Charlotte NC 28205 Planned 200 Tryon Hills North Davidson Street & East 21st Street & North 55 Charlotte NC 28206 Planned 290 Tryon Hills East 21st Street Davidson Street 56 Station House 600 East Sugar Creek Road Charlotte NC 28213 Planned 300 Tryon Hills 57 Allure Phase II 5720 Carnegie Blvd Charlotte NC 28209 Planned 200 Foxcroft 58 Pinehurst on Providence Phase II 3904 Providence Road Charlotte NC 28211 Planned 830 Foxcroft 59 East Cama 200 East Cama Street Charlotte NC 28217 Planned 350 Colonial Village - Montclaire 60 Link Apartments Montford Phase II 1606 Abbey Place Charlotte NC 28209 Planned 250 Colonial Village - Montclaire 61 Melrose Place Redevelopment 1351 East Woodlawn Road Charlotte NC 28209 Planned 265 Colonial Village - Montclaire 62 New Brookhill 2506 South Tryon Street Charlotte NC 28203 Planned 324 Southside Park - West Blvd 63 The Square at South End 228 West Blvd Charlotte NC 28203 Planned 100 Southside Park - West Blvd West Tremont Avenue & 64 West Tremont Avenue Charlotte NC 28203 Planned 100 Southside Park - West Blvd South Tryon Street 65 Villages at Creedmore 1000 Rockwood Drive Charlotte NC 28214 Planned 138 Northwest Charlotte 66 2900 Governor Hunt Road 2900 Governor Hunt Road Charlotte NC 28262 Planned 167 North Charlotte 67 Broadstone Highland Creek 5050 Ridge Road Charlotte NC 28269 Planned 260 North Charlotte Source: Yardi Matrix Yardi Source: Charlotte New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
68 Christenbury Commons 9101 Edenbury Drive Concord NC 28027 Planned 350 North Charlotte 69 Innovation Park Redevelopment 8501 IBM Drive Charlotte NC 28262 Planned 1,450 North Charlotte 70 North Tryon Street 7619 North Tryon Street Charlotte NC 28262 Planned 100 UNC at Charlotte 71 Novel University Place J.W. Clay Blvd & North Tryon Street University City NC 28223 Planned 308 UNC at Charlotte North Tryon Street & 72 Tapestry University City Charlotte NC 28262 Planned 352 UNC at Charlotte University City Blvd 73 Eastway Drive 5301 North Tryon Street Charlotte NC 28213 Planned 200 Hidden Valley - Oak Forest 74 Farmington Interstate 485 & Rocky River Road Charlotte NC 28215 Planned 575 Hidden Valley - Oak Forest 75 Rocky River Residential 1806 Rocky River Charlotte NC 28213 Planned 126 Hidden Valley - Oak Forest 76 Active Retirement 6408 Providence Road Charlotte NC 28226 Planned 241 Wessex Square 77 Tryon Street & Youngblood Road 14671 Birnamwood Lane Charlotte NC 28278 Planned 240 Southwest Charlotte West Arrowood Road & 78 Whitehall - Mixed Use Charlotte NC 28273 Planned 352 Southwest Charlotte Savoy Corporate Drive 79 Chronicle Mill Redevelopment 96 Catawba Street Belmont NC 28012 Planned 240 Belmont 80 The Morris At Belmont 6900 Wilkinson Blvd Charlotte NC 28214 Planned 325 Belmont 81 Steele Creek New Fashion Way & Shopton Road Charlotte NC 28278 Planned 330 Belmont 82 Elm Street 725 Elm Avenue Mount Holly NC 28120 Planned 100 Mt. Holly Birkdale Commons Pkwy & 83 Birkdale Golf Club Huntersville NC 28078 Planned 210 Huntersville Sam Furr Road 84 Caldwell Station Phase II 17155 Old Statesville Road Huntersville NC 28078 Planned 176 Huntersville 85 Downtown Catalyst Project Jackson Street & South Main Street Davidson NC 28036 Planned 125 Huntersville 86 Sam Furr Road Senior 8521 Sam Furr Road Huntersville NC 28078 Planned 78 Huntersville 87 Redwood Kannapolis 4301 Kannapolis Pkwy Kannapolis NC 28081 Planned 166 Kannapolis 88 Poplin Road Mixed Residential Forst Circle & Poplin Road Monroe NC 28110 Planned 182 Monroe 89 Town Centre 100 Plyler Road Indian Trail NC 28079 Planned 348 Monroe Ballantyne Commons Pkwy & 90 Ballantyne Corporate Park Residential Charlotte NC 28277 Planned 212 Ballantyne - Providence Ballantyne Corporate Place 91 Solis Chestnut Farm 3024 Matthews Weddington Road Matthews NC 28104 Planned 256 Ballantyne - Providence Mt. Gallant Road & 92 The Exchange at Old Town Depot Rock Hill SC 29730 Planned 191 Rock Hill - East North Anderson Road NEC Stewart Avenue & 93 Knowledge Park Student Rock Hill SC 29730 Planned 200 Rock Hill - East West White Street 94 Villas at Gaden Way Redevelopment 211 Garden Way Rock Hill SC 29732 Planned 96 Rock Hill - West Hawk Ridge Drive & 95 Ashton Place Gastonia CA 28056 Planned 80 Gastonia - South Neal Hawkins Road 96 Mills Creek Phase IV 3016 Seth Court Gastonia NC 28054 Planned 84 Gastonia - South 97 Seasons of Gastonia 1267 Bradford Heights Road Gastonia NC 28054 Planned 156 Gastonia - South 98 Loray Mill Phase II 300 South Firestone Street Gastonia NC 28052 Planned 105 Gastonia - North 99 Rhyne Terraces 1900 West Davidson Avenue Gastonia NC 28052 Planned 80 Gastonia - North West Main Avenue & 100 Trenton Mill Redevelopment Gastonia NC 28052 Planned 85 Gastonia - North North Trenton Street 101 Lake Davidson 115 Bridges Farm Road Mooresville NC 28115 Planned 420 Mooresville Source: Yardi Matrix Yardi Source: Charlotte New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
102 Mill One 201 North Church Street Mooresville NC 28115 Planned 90 Mooresville 103 Route 21 & East Waterlynn Road Route 21 & East Waterlynn Road Davidson NC 28117 Planned 237 Mooresville 104 Simonton Road Senior 1200 Simonton Road Statesville NC 28625 Planned 100 Statesville - North Iredell County East 10th Street & North 105 First Ward Charlotte NC 28202 Planned 428 Second Ward Brevard Street Greenwood Cliff Road & 106 Realtor Building Redevelopment Charlotte NC 28202 Planned 200 Second Ward Kenilworth Avenue Euclid Avenue & 107 Strawn Cottages Redevelopment Charlotte NC 28203 Planned 160 Third Ward - Lakewood Templeton Avenue 108 Colony Redevelopment 3701 Roxborough Pkwy Charlotte NC 28211 Planned 340 Foxcroft Total Planned 17,770
109 1200 Metropolitan Avenue 1200 Metropolitan Avenue Charlotte NC 28204 Prospective 140 Second Ward
110 CitiSculpt Phase II Greenwood Cliff & Harding Place Charlotte NC 28204 Prospective 255 Second Ward
111 Morehead Overlook Mixed Use 615 East Morehead Street Charlotte NC 28202 Prospective 200 Second Ward East 7th Street & North 112 North Alexander Street Charlotte NC 28202 Prospective 100 Second Ward Alexander Street 113 Legacy Union 600 South Tryon Street Charlotte NC 28202 Prospective 300 Uptown Elizabeth Avenue & North 114 Link at Elizabeth Charlotte NC 28204 Prospective 550 Morningside Torrence Street 115 Plaza Midwood Mixed Use Central Avenue & Pecan Avenue Charlotte NC 28205 Prospective 100 Morningside
116 Lerner Property Townhomes Eaton Road & Monroe Road Charlotte NC 28205 Prospective 75 Briarcreek - Oakhurst
117 Providence Road Townhomes Oxford Place & Providence Road Charlotte NC 28207 Prospective 64 Cotswold
118 Kenilworth Ave Housing Complex Kenilworth Avenue & Pierce Street Dilworth NC 28203 Prospective 82 Myers Park
119 915 Hamilton Street 915 Hamilton Street Charlotte NC 28206 Prospective 440 Third Ward - Lakewood
120 State Street Katonah Avenue & Mahopac Street Charlotte NC 28208 Prospective 140 Third Ward - Lakewood NWC South Cedar Street & West 121 West Morehead Charlotte NC 28208 Prospective 212 Third Ward - Lakewood Morehead Street 122 2715 North Davidson Street 2715 North Davidson Street Charlotte NC 28205 Prospective 147 Tryon Hills
123 Camp North End 1824 Statesville Avenue Charlotte NC 28206 Prospective 850 Tryon Hills East Craighead Road & 124 Craighead NoDa Charlotte NC 28206 Prospective 300 Tryon Hills Philemon Avenue NWC East 26th Street & North 125 Fountains NoDa Charlotte NC 28205 Prospective 50 Tryon Hills Davidson Street 126 Greenway District Clemson Ave & Matheson Ave Charlotte NC 28205 Prospective 255 Tryon Hills
127 Herrin Ice Redevelopment 315 East 36th Street Charlotte NC 28206 Prospective 200 Tryon Hills North Davidson Street & 128 HopHaus Lofts Charlotte NC 28205 Prospective 200 Tryon Hills Matheson Avenue 129 Tryon Hills 311 West 25th Street Charlotte NC 28206 Prospective 295 Tryon Hills West 25th Street & 130 West 25th Street & North Pine Street Charlotte NC 28206 Prospective 343 Tryon Hills North Pine Street Source: Yardi Matrix Yardi Source: Charlotte New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
131 Yards at NoDa Phase II 703 Rollerton Road Charlotte NC 28205 Prospective 160 Tryon Hills Central Avenue & 132 Eastland Mall Redevelopment Charlotte NC 28205 Prospective 400 Eastland - Windsor Park North Sharon Amity Road East Independence Blvd & 133 Wallace Lane Townhouses Charlotte NC 28212 Prospective 119 Coventry Woods - East Forest Wallace Lane 134 Wallace Road Multi-Residential 7426 Wallace Road Charlotte NC 28212 Prospective 90 Coventry Woods - East Forest
135 2802 Coltsgate Road 2802 Coltsgate Road Charlotte NC 28211 Prospective 240 Foxcroft Carmel on Providence NWC Fairview Road & 136 Charlotte NC 28211 Prospective 195 Foxcroft Redevelopment Providence Road 137 Colony Redevelopment Phase II 3701 Roxborough Pkwy Charlotte NC 28211 Prospective 650 Foxcroft
138 Fairview Road 6310 Fairview Road Charlotte NC 28210 Prospective 325 Foxcroft
139 Drexel Place 1351 East Woodlawn Road Charlotte NC 28209 Prospective 265 Colonial Village - Montclaire
140 South Village Reynolds Drive & Scaleybark Road Charlotte NC 28209 Prospective 82 Colonial Village - Montclaire
141 Two Montford Park 4701 Hedgemore Drive Charlotte NC 28209 Prospective 300 Colonial Village - Montclaire
142 The Walden 1700 Abbey Place Charlotte NC 28209 Prospective 130 Colonial Village - Montclaire
143 Dunavant and Distribution 398 Dunavant Street Charlotte NC 28203 Prospective 400 Southside Park - West Blvd
144 Mount Holly Road Mt Holly Road & Sonoma Valley Drive Charlotte NC 28214 Prospective 70 Northwest Charlotte
145 Whitewater Point 2408 Belmeade Drive Charlotte NC 28214 Prospective 165 Northwest Charlotte
146 6428 Beatties Ford Road 6428 Beatties Ford Road Charlotte NC 28216 Prospective 128 Wedgewood Garron Point Drive & 147 Garron Point Charlotte NC 28214 Prospective 240 Wedgewood Larne Town Court 148 Northlake Centre Parkway Calhoun St & Northlake Centre Pkwy Charlotte NC 28216 Prospective 78 Wedgewood
149 Northpark Blvd & Reames Road Northpark Blvd & Reames Road Charlotte NC 28216 Prospective 72 Wedgewood
150 Wren Northlake by Cortland Phase II 8524 Mason Andrew Way Charlotte NC 28216 Prospective 300 Wedgewood
151 7001 West Sugar Creek Townhomes 7001 West Sugar Creek Road Charlotte NC 28269 Prospective 75 North Charlotte
152 Ardmore at Bryton 12450 Kings Mountain Pkwy Huntersville NC 28078 Prospective 288 North Charlotte
153 Cannon and Oneida Residential 1515 Cannon Avenue Charlotte NC 28269 Prospective 525 North Charlotte
154 Christenbury Commons 9620 Christenbury Pkwy Concord NC 28027 Prospective 170 North Charlotte
155 Dillon Lake 2801 Oakwood Drive Charlotte NC 28269 Prospective 240 North Charlotte Mallard Creek Road & Mallard Creek Road & 156 Charlotte NC 28262 Prospective 234 North Charlotte Odell School Road Odell School Road 157 Prosperity Village 4840 Prosperity Church Road Charlotte NC 28269 Prospective 300 North Charlotte
158 Soléa Charlotte 9340 Highland Creek Pkwy Charlotte NC 28269 Prospective 184 North Charlotte Benfield Road & 159 Summer Creek Lane Mixed-Use Charlotte NC 28269 Prospective 84 North Charlotte Summer Creek Lane West Mallard Creek Church Road & NWC Interstate 85 & 160 Charlotte NC 28262 Prospective 395 North Charlotte Interstate 85 West Mallard Creek Church 161 7101 McFarlane Blvd 7101 MacFarlane Blvd Charlotte NC 28262 Prospective 50 UNC at Charlotte Source: Yardi Matrix Yardi Source: Charlotte New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
162 7600 University 7600 University City Blvd Charlotte NC 28213 Prospective 390 UNC at Charlotte
163 Ashford Green Renovation 230 Barton Creek Drive Charlotte NC 28262 Prospective 300 UNC at Charlotte
164 Christenbury North Tryon Street & Wrayhill Drive Charlotte NC 28262 Prospective 248 UNC at Charlotte
165 Nexus 485 1931 Salome Church Road Charlotte NC 28262 Prospective 228 UNC at Charlotte
166 Ridge Road Highland Park Drive & Ridge Road Charlotte NC 28269 Prospective 105 UNC at Charlotte
167 Trevi Village 12300 US Route 29 Charlotte NC 28262 Prospective 240 UNC at Charlotte
168 UNCC Heritage Sir Anthony Drive & US 29 Access Charlotte NC 28262 Prospective 194 UNC at Charlotte
169 Citiside Seniors NEC Eaves Lane & Plaza Walk Drive Charlotte NC 28215 Prospective 70 Hidden Valley - Oak Forest
170 Fairview Lodge McDaniel Lane & Old Concord Road Charlotte NC 28213 Prospective 117 Hidden Valley - Oak Forest
171 Sugar Creek and Munsee 724 West Sugar Creek Road Charlotte NC 28213 Prospective 50 Hidden Valley - Oak Forest
172 Sugar Creek Station 601 East Sugar Creek Road Charlotte NC 28213 Prospective 1,000 Hidden Valley - Oak Forest
173 The Hub on Harris 7705 East W.T. Harris Blvd Charlotte NC 28227 Prospective 288 Becton Park - Marlwood Idlewild Road & 174 Marshall Hooks Matthews NC 28105 Prospective 105 Matthews Marshall Hooks Road 175 Quail Hollow Village SEC Park Road & Gleneagles Road Charlotte NC 28210 Prospective 290 Pineville
176 Retreat at McAlpine Creek Renovation 6800 Fishers Farm Lane Charlotte NC 28277 Prospective 400 Pineville
177 Hamilton Road 12701 Hamilton Road Charlotte NC 28273 Prospective 206 Southwest Charlotte
178 Shopton Road West 15839 Shopton Road West Charlotte NC 28278 Prospective 240 Southwest Charlotte John Price Road & 179 South Tryon Street Charlotte NC 28273 Prospective 231 Southwest Charlotte South Tryon Street 180 Springs at Steele Creek 12100 South Tryon Street Charlotte NC 28273 Prospective 272 Southwest Charlotte Interstate 485 & 181 Steele Creek Charlotte NC 28217 Prospective 270 Southwest Charlotte West Arrowood Road 182 River District Dixie River Road & Interstate 485 Charlotte NC 28278 Prospective 300 Belmont Shopton Road West & 183 Sweetgrass at Steele Creek Charlotte NC 28278 Prospective 230 Belmont Steele Creek Road Huntersville - Concord Road & 184 Vermillion Village Huntersville NC 28078 Prospective 400 Huntersville North Church Street 185 The Addison Eighty50 8255 Old Holland Road Concord NC 28262 Prospective 339 Concord - West George W Liles Pkwy & Roberta 186 The Cascades Concord NC 28027 Prospective 104 Concord - West Church Road Sycamore Ridge Road NE & 187 Copperfield Concord NC 28025 Prospective 216 Concord - East Vinehaven Drive NE 188 Union Park Townes 2025 Stallings Road Stallings NC 28104 Prospective 220 Monroe
189 Willows at Stallings Idlewild Road & Stevens Mill Road Stallings NC 28104 Prospective 345 Monroe
190 Elm Lane Townhomes 11724 Elm Lane Charlotte NC 28277 Prospective 61 Ballantyne - Providence
191 Lancaster Village Townhomes 14624 Lancaster Hwy Pineville NC 28134 Prospective 108 Ballantyne - Providence
192 The Heritage Towers 375 Star Light Drive Fort Mill SC 29715 Prospective 200 Fort Mill Source: Yardi Matrix Yardi Source: Charlotte New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
193 Southbridge 2280 Deerfield Drive Fort Mill SC 29715 Prospective 600 Fort Mill
194 Vintage Fort Mill 2116 Pleasant Road Fort Mill SC 29708 Prospective 216 Fort Mill
195 The Arbors at Manchester Village 7 Oaks Blvd & Springsteen Road Rock Hill SC 29730 Prospective 220 Rock Hill - East NEC West White Street & 196 Knowledge Park Senior Rock Hill SC 29730 Prospective 93 Rock Hill - East Stewart Avenue 197 Marvell 2114 Riverchase Blvd Rock Hill SC 29732 Prospective 200 Rock Hill - West
198 Catawba Creek Villas 100 Gaston Day School Road Gastonia NC 28056 Prospective 84 Gastonia - South
199 New Hope Road 2869 South New Hope Road Gastonia NC 28056 Prospective 230 Gastonia - South
200 Oaken Trails 1580 Bradford Heights Road Gastonia NC 28054 Prospective 56 Gastonia - South
201 Wilson 616 South New Hope Road Gastonia NC 28054 Prospective 616 Gastonia - South
202 301 - 303 South Spargo Street 303 South Spargo Street Dallas NC 28034 Prospective 50 Gastonia - North Interstate 85 & North 203 Northglenn Gastonia NC 28052 Prospective 320 Gastonia - North Chester Street Hickory Ridge Road & Hickory Ridge Road & 204 Harrisburg NC 28075 Prospective 55 Outlying Cabarrus County Rocky River Road Rocky River Road 205 Bellewood 2880 Bessemer City Road Bessemer City NC 28016 Prospective 96 Outlying Gaston County
206 Sycamore at Mooresville River Hwy & Water Oak Drive Mooresville NC 28117 Prospective 275 Mooresville
207 Landon Greene 140 Vance Po Road Statesville NC 28625 Prospective 60 Statesville - North Iredell County
208 CrossRidge Center Dobys Bridge Road & US Route 521 Indian Land SC 29707 Prospective 100 Lancaster County
209 Rivercross 1304 State Road 1387 Denver NC 28037 Prospective 240 Lincoln County
210 Kannapolis Stadium 2888 Moose Road Kannapolis NC 28083 Prospective 270 Rowan County
211 Rowan Woodland 2700 Statesville Blvd Salisbury NC 28147 Prospective 240 Rowan County
212 Westbrook Trace 425 Lash Drive Salisbury NC 28147 Prospective 84 Rowan County South McDowell Street & East 213 Brooklyn Village Charlotte NC 28202 Prospective 1,177 Second Ward Stonewall Street Strawn Cottages Euclid Avenue & 214 Charlotte NC 28203 Prospective 565 Third Ward - Lakewood Redevelopment Phase II Templeton Avenue 215 Callahan & Spring Callahan Street & Spring Street Charlotte NC 28206 Prospective 250 Tryon Hills Remount Road & 216 New Brookhill Charlotte NC 28203 Prospective 324 Southside Park - West Blvd South Tryon Street 217 River District 8300 Dixie River Road Charlotte NC 28278 Prospective 124 Belmont
Total Prospective 26,564
TOTAL CHARLOTTE 55,729 Source: Yardi Matrix Yardi Source:
© 2020 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: July 2020