Charlotte New Construction & Proposed Multifamily Projects 3Q20
99 ID PROPERTY UNITS
1 Broadstone Lemmond Farm 336 3 Crown Court 103 16 The Wayford at Concord 150 229 24 Loftin at Montcross Senior Phase II 100 230 Total Lease Up 689
31 Broadstone Ayrsley 320 42 Residences Galleria 250 225 97 45 VIDA 275 98 Total Under Construction 845 224
228 72 Farmington 575 82 45 74 Active Retirement 241 227 77 Chronicle Mill Redevelopment 240 78 The Morris at Belmont 325 82 Downtown Catalyst Project 125 195 84 Poplin Road Mixed Residential 182 16 200 87 Solis Chestnut Farm 256 97 Mill One 90 98 Route 21 & East Waterlynn Road 237 220 222 99 Simonton Road Senior 100 223 72 Total Planned 2,371 24 148 176 77 78 192 104 250 Miller Pond Road 264 1 215 148 Freedom Flats 220 176 Cambridge Commons Drive & 300 Sam Dee Road 3 182 Marshall Hooks 105 31 182 42 183 74 183 Quail Hollow Village 290 204 220 301 - 303 South Spargo Street 50 203 192 South Fork Senior Community 809 222 Hickory Ridge Road & 55 202 84 195 Vermillion Front 99 Rocky River Road 207 87 200 The Cascades 104 223 Bellewood 96 202 Town Centre 348 224 Alcove Road Mixed-Use 388 203 Union Park Townes 220 225 Sycamore at Mooresville 275 214 104 204 Willows at Stallings 345 227 Rivercross 240 207 The Heritage Towers 200 228 Kannapolis Stadium 270 213 Three Points on Saluda 144 229 Rowan Woodland 240 214 Marvell 200 230 Westbrook Trace 84 213 215 Catawba Creek Villas 84 Total Prospective 5,430 5 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 3Q20
ID PROPERTY UNITS 12
2 Mosby University City 309 9 Bainbridge Research Park 304 12 Sage Highland Creek 184 158 160 67 15 Verde at McCullough Station 280 18 Apartments @ Eleven240 271 164 66 Total Lease Up 1,348 167
29 Tapestry University City 352 151 166 163 37 Mallard Pointe 260 65 156 165 162 38 Vue on University Center 271 199 18 Total Under Construction 883 154
65 Abberly Liberty Crossing 320 66 Broadstone Highland Creek 260 67 Christenbury Commons 350 171 68 Innovation Park Redevelopment 1,450 157 37 69 North Tryon Street 100 174 173 70 Novel University Place 308 168 73 Rocky River Residential 126 Total Planned 2,914
9 151 11010 Alexandriana Road 312 152 6428 Beatties Ford Road 128 152 175 154 Northlake Centre Parkway 78 155 Northpark Blvd & Reames Road 72 156 Wren Northlake by Cortland Phase II 300 155 70 157 7001 West Sugar Creek Townhomes 75 38 68 158 Ardmore at Bryton 288 159 Cannon and Oneida Residential 525 15 160 Christenbury Commons 170 169 7101 McFarlane Blvd 50 162 Mallard Creek Development 280 172 170 7600 University 390 163 Mallard Creek Road & 171 Christenbury 248 69 Odell School Road 234 172 Hampton Church 200 170 164 Prosperity Church Road 79 29 173 Nexus 485 228 165 Prosperity Village 300 169 174 Trevi Village 240 166 Ridge Road 105 2 175 UNCC Heritage 194 167 Summer Creek Lane Mixed-Use 84 199 The Addison Eighty50 339 159 168 West Mallard Creek Church Road & 395 73 Interstate 85 Total Prospective 5,314 2000 ft Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 3Q20
ID PROPERTY UNITS 26 4 Hazel SouthPark 203 113 36 21 108 5 Element SouthPark 345 102 231 107 112 25 14 Link Apartments Montford 288 63 17 232 106 181 17 Hawk 71 62 101 147 135 21 Centro Railyard 91 234 25 The Village at 134 422 Commonwealth Phase II 116 26 Camden Grandview Phase II 50 27 27 The Edge 263 Total Lease Up 1,733 30 115 114 105 35 30 Novel LoSo Station 350 35 The Artistry 350
36 The Square at South End 132 144 Total Under Construction 832 142 136
58 Allure Phase II 200 61 137 14 146 59 Providence Row Phase II 830 60 60 Link Apartments Montford Phase II 250 145 61 Melrose Place Redevelopment 265 143 62 New Brookhill 324 63 West Tremont Avenue 103 59 103 58 140 101 Realtor Building Redevelopment 200 139 4 5 102 Centre South 160 137 Wallace Road Multi-Residential 90 103 Colony Redevelopment 340 138 2802 Coltsgate Road 240 141 138 Total Planned 2,672 139 Carmel on Providence Redevelopment 195 140 Colony Redevelopment Phase II 650 105 Southend Walk 94 141 Fairview Road 325 106 1200 Metropolitan Avenue 140 142 Drexel Place 265 107 East Morehead Street Senior 220 143 Seneca Woods Redevelopment 205 108 Morehead Overlook Mixed-Use 200 144 South Village 82 112 Link at Elizabeth 550 145 Two Montford Park 300 113 Plaza Midwood Mixed-Use 100 146 The Walden 130 114 Lerner Property Townhomes 75 147 Dunavant and Distribution 400 115 Providence Road Townhomes 64 181 The Hub on Harris 288 116 Kenilworth Ave Housing Complex 56 231 Brooklyn Village 1,177 134 AAA Carolinas 158 232 Centre South Phase II 565 135 Eastland Mall Redevelopment 400 234 New Brookhill 324 136 Wallace Lane Townhouses 119 Total Prospective 7,412 2000 ft Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 3Q20
ID PROPERTY UNITS 129 North Brevard Street 323 130 Tryon Hills 295 6 Alta Purl 341 179 131 Wadsworth Place 350 8 Bainbridge NoDa 273 132 West 25th Street & 20 Amaze @ NoDa 284 North Pine Street 343 Total Lease Up 898 133 Yards at NoDa Phase II 160 177 Citiside Seniors 70 32 500 West Trade Street 354 179 Sugar Creek and Munsee 50 33 The Ellis 549 180 Sugar Creek Station 1,000 71 44 FNB Tower 196 233 Callahan & Spring 250 Total Under Construction 1,099 Total Prospective 6,447
46 Seventh & Tryon 685 47 Uptown Central Station 431 123 180 48 712 North Smith Street 350 57 49 Link Mint 259 20 52 South Mint Street 303 126
53 Sycamore at Gateway 400 122 132 55 54 Camden NoDa 385 133 130 177 55 NoDa 3536 200 233 120 56 North Davidson Street & East 21st Street 290 54 127 57 Station House 300 8 124 71 Eastway Drive 200 117 125 100 First Ward 428 129 128
Total Planned 4,231 121 53 48 56 109 North Alexander Street 100 131 110 BB&T Center Parking Deck Redevelopment 100 111 Legacy Union 300 6 32 117 915 Hamilton Street 440 100 46 33 119 West Morehead 212 44 120 2715 North Davidson Street 147 119 121 Alta Filament 352 110 122 Camp North End 850 109 47 123 Craighead NoDa 300 111 52 124 Fountains NoDa 50 49 125 Greenway District 255 126 Herrin Ice Redevelopment 200 127 HopHaus Lofts 200 128 NoDa Redevelopment 100 2000 ft Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 3Q20
187 188 ID PROPERTY UNITS 186 7 The Court at Redstone 260 39 10 The Mason @ Six Mile Creek 300 75 11 Capital Club 312 185 22 Beverley 201 184 SOUTH CAROLINA 23 The Flats at Indian Land 289 SOUTH CAROLINA Total Lease Up 1,362 22
39 Steele Creek Rivergate 410 Total Under Construction 410 85 208 205 209 86 75 Tryon Street & Youngblood Road 240 85 Ballantyne Corporate Park Residential 212 206 86 Lancaster Village Townhomes 108 88 The Exchange at Old Town Depot 191 89 Knowledge Park Student 144 90 Villas at Garden Way Redevelopment 96 Total Planned 991 11
7 184 Retreat at McAlpine Creek Renovation 400 23 185 Hamilton Road 206 186 Shopton Road West 240
187 South Tryon Street 231 10 188 Springs at Steele Creek 272 205 Elm Lane Townhomes 61 206 Novel Ballantyne 455 226 208 Southbridge 600 209 Vintage Fort Mill 216 90 210 The Arbors at Manchester Village 220 211 Johnston Farms 120 212 Knowledge Park Senior 93 89 212 210 226 CrossRidge Center 100 88 211 Total Prospective 3,214 1 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 3Q20
ID PROPERTY UNITS
13 The Mezzanine at Freedom 185 28 Avion Point 200 153 Total Lease Up 385 193
149 34 Evoke Living at Westerly Hills 156 221 64 161 41 Morehead Ridge 280 150 95 43 Solis City Park 272 Total Under Construction 708 96 94 50 Rozzelles Ferry Road 133 219 50 51 Savona Mill Redevelopment 800 64 Villages at Creedmore 138 51 216 76 Whitehall - Mixed-Use 352 118 93 217 13 79 Steele Creek 330 91 218 41 91 Ashton Place 80 34 92 Mills Creek Phase IV 84 92 93 Seasons of Gastonia 156 94 Loray Mill Phase II 105 95 Rhyne Terraces 80 191 96 Trenton Mill Redevelopment 85 Total Planned 2,343 235 43 28 118 State Street 140 149 Mount Holly Road 70 79 150 Whitewater Point 165
153 Garron Point 240 190 189 161 Dillon Lake 240 76 189 Steele Creek 270 190 Sweetgrass at Steele Creek 230 191 The River District 300 193 Elm Street 100 216 Ethan's Pointe Homes 322 217 New Hope Road 230 218 Oaken Trails 56 219 Wilson 616 221 Northglenn 320 235 River District 124 Total Prospective 3,423 1 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 3Q20
196 83 197 201 19 198 40 194 81 80
ID PROPERTY UNITS
19 The Bridges of Cabarrus 144 Total Lease Up 144
40 The Point at Caldwell Station 297 Total Under Construction 297
80 Birkdale Golf Club 210 81 Caldwell Station Phase II 176 83 Redwood Kannapolis 166 Total Planned 552
178 Fairview Lodge 117 194 Sam Furr Road Senior 78 196 Argento at Kellswater 270 197 Coldwater Ridge and Doffer Lane 74 198 Emerson Hills 216 178 201 Copperfield 216 Total Prospective 971 1 mi 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 Broadstone Lemmond Farm 12009 Lemmond Farm Drive Charlotte NC 28227 Lease-Up 336 Hidden Valley - Oak Forest 10/31/2019 04/30/2021 07/29/2020 2 Mosby University City 404 Gallop Lane Charlotte NC 28213 Lease-Up 309 Hidden Valley - Oak Forest 10/31/2019 03/31/2021 07/05/2020 3 Crown Court 9283 Nolley Court Charlotte NC 28270 Lease-Up 103 Matthews 10/31/2019 01/31/2021 09/01/2020 4 Hazel SouthPark 4401 Barclay Downs Drive Charlotte NC 28209 Lease-Up 203 Foxcroft 06/01/2018 01/31/2021 07/01/2020 5 Element SouthPark 4425 Sharon Road Charlotte NC 28211 Lease-Up 345 Foxcroft 10/29/2018 01/31/2021 06/01/2020 6 Alta Purl 1018 North Caldwell Street Charlotte NC 28206 Lease-Up 341 Second Ward 01/01/2019 12/31/2020 06/10/2020 7 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 8 Bainbridge NoDa 2509 North Davidson Street Charlotte NC 28205 Lease-Up 273 Tryon Hills 10/13/2018 12/31/2020 05/05/2020 9 Bainbridge Research Park 7110 Verdant Hill Road Charlotte NC 28262 Lease-Up 304 North Charlotte 07/31/2019 12/31/2020 04/24/2020 10 The Mason @ Six Mile Creek 5209 Craftsman Drive Indian Land SC 29707 Lease-Up 300 Lancaster County 11/23/2018 12/31/2020 03/01/2020 11 Capital Club 2278 Capital Club Way Indian Land SC 29707 Lease-Up 312 Lancaster County 01/01/2018 12/31/2020 02/28/2020 12 Sage Highland Creek 9246 Highland Creek Pkwy Charlotte NC 28269 Lease-Up 184 North Charlotte 08/31/2019 12/31/2020 02/01/2020 13 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 14 Link Apartments Montford 1606 Abbey Place Charlotte NC 28209 Lease-Up 288 Colonial Village - Montclaire 10/29/2018 12/31/2020 01/07/2020 15 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 16 The Wayford at Concord 525 Wayforth Road NW Concord NC 28027 Lease-Up 150 Concord - West 10/14/2019 12/31/2020 10/18/2019 17 Hawk 1932 Hawkins Street Charlotte NC 28203 Lease-Up 71 Southside Park - West Blvd 07/15/2019 11/30/2020 08/10/2020 18 Apartments @ Eleven240 11240 Woolwich Street Charlotte NC 28216 Lease-Up 271 Wedgewood 07/31/2019 11/30/2020 07/22/2020 19 The Bridges of Cabarrus 2625 South Ridge Avenue Kannapolis NC 28083 Lease-Up 144 Kannapolis 07/12/2018 11/30/2020 05/04/2020 20 Amaze @ NoDa 3750 Philemon Avenue Charlotte NC 28206 Lease-Up 284 Tryon Hills 03/27/2019 11/30/2020 03/18/2020 21 Centro Railyard 1425 Winnifred Street Charlotte NC 28203 Lease-Up 91 Third Ward - Lakewood 03/01/2019 11/30/2020 02/06/2020 22 Beverley 11926 North Community House Road Charlotte NC 28277 Lease-Up 201 Ballantyne - Providence 03/23/2019 11/30/2020 01/03/2020 23 The Flats at Indian Land 4104 Flats Main Street Indian Land SC 29707 Lease-Up 289 Lancaster County 07/26/2018 11/30/2020 07/01/2019 24 Loftin at Montcross Senior Phase II 844 Hawley Avenue Belmont NC 28012 Lease-Up 100 Belmont 07/26/2018 11/30/2020 04/01/2019 25 The Village at Commonwealth Phase II 1308 Lorna Street Charlotte NC 28205 Lease-Up 422 Morningside 04/30/2018 11/30/2020 02/01/2019 26 Camden Grandview Phase II 309 East Morehead Street Charlotte NC 28202 Lease-Up 50 Uptown 10/26/2017 11/30/2020 12/31/2018 27 The Edge 2705 Haverford Place Charlotte NC 28209 Lease-Up 263 Colonial Village - Montclaire 03/23/2019 10/31/2020 06/07/2020 28 Avion Point 2335 West Tyvola Road Charlotte NC 28217 Lease-Up 200 Southwest Charlotte 06/16/2019 10/31/2020 05/01/2020 Total Lease-Up 6,559
29 Tapestry University City North Tryon Street & University City Blvd Charlotte NC 28262 Under Construction 352 UNC At Charlotte 06/01/2020 12/31/2022 30 Novel LoSo Station 3610 South Blvd Charlotte NC 28209 Under Construction 350 Colonial Village - Montclaire 04/01/2020 04/30/2022 31 Broadstone Ayrsley 2215 Silver Crescent Drive Charlotte NC 28273 Under Construction 320 Southwest Charlotte 04/01/2020 04/30/2022 32 500 West Trade Street 500 West Trade Street Charlotte NC 28202 Under Construction 354 Uptown 12/03/2019 12/31/2021 33 The Ellis 512 North College Street Charlotte NC 28202 Under Construction 549 Uptown 06/20/2019 12/31/2021 34 Evoke Living at Westerly Hills 2503 Westerly Hills Drive Charlotte NC 28208 Under Construction 156 Third Ward - Lakewood 09/01/2020 12/31/2021 35 The Artistry 200 East Cama Street Charlotte NC 28217 Under Construction 350 Colonial Village - Montclaire 09/30/2019 12/31/2021 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
36 The Square at South End 228 West Blvd Charlotte NC 28203 Under Construction 132 Southside Park - West Blvd 09/20/2020 12/31/2021 37 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 & 38 Vue on University Center Charlotte NC 28213 Under Construction 271 UNC At Charlotte 12/01/2019 12/31/2021 University City Blvd 39 Steele Creek Rivergate Steele Creek Road & Walker Branch Road Charlotte NC 28278 Under Construction 410 Southwest Charlotte 08/31/2019 12/31/2021 40 The Point at Caldwell Station 17355 Old Statesville Road Huntersville NC 28078 Under Construction 297 Huntersville 10/31/2019 12/31/2021 41 Morehead Ridge 1750 West Morehead Street Charlotte NC 28208 Under Construction 280 Third Ward - Lakewood 06/16/2019 06/30/2021 42 Residences Galleria 10252 Monroe Road Charlotte NC 28270 Under Construction 250 Matthews 10/31/2019 06/30/2021 43 Solis City Park 2322 Arbor Loop Drive Charlotte NC 28217 Under Construction 272 Southwest Charlotte 08/15/2019 02/28/2021 44 FNB Tower 401 South Graham Street Charlotte NC 28202 Under Construction 196 Third Ward - Lakewood 07/31/2019 12/31/2020 45 VIDA 210 South Main Street Kannapolis NC 28081 Under Construction 275 Kannapolis 08/31/2019 12/31/2020 Total Under Construction 5,074
46 Seventh & Tryon East 7th Street & North Tryon Street Charlotte NC 28202 Planned 685 Uptown 47 Uptown Central Station East 4th Street & South Brevard Street Charlotte NC 28202 Planned 431 Uptown 48 712 North Smith Street 712 North Smith Street Charlotte NC 28202 Planned 350 Third Ward - Lakewood 49 Link Mint 1200 South Mint Street Charlotte NC 28203 Planned 259 Third Ward - Lakewood 50 Rozzelles Ferry Road Rozzelles Ferry Road & West Trade Street Charlotte NC 28208 Planned 133 Third Ward - Lakewood 51 Savona Mill Redevelopment 500 South Turner Avenue Charlotte NC 28208 Planned 800 Third Ward - Lakewood 52 South Mint Street West Carson Blvd & South Mint Street Charlotte NC 28203 Planned 303 Third Ward - Lakewood 53 Sycamore at Gateway NWC West 6th Street & North Sycamore Street Charlotte NC 28202 Planned 400 Third Ward - Lakewood 54 Camden NoDa North Davidson Street & Jordan Place Charlotte NC 28205 Planned 385 Tryon Hills 55 NoDa 3536 436 East 36th Street Charlotte NC 28205 Planned 200 Tryon Hills North Davidson Street & 56 East 21st Street & North Davidson Street Charlotte NC 28206 Planned 290 Tryon Hills East 21st Street 57 Station House 600 East Sugar Creek Road Charlotte NC 28213 Planned 300 Tryon Hills 58 Allure Phase II 5720 Carnegie Blvd Charlotte NC 28209 Planned 200 Foxcroft 59 Providence Row Phase II 5350 Pinehurst Park Drive Charlotte NC 28211 Planned 830 Foxcroft 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 West Tremont Avenue West Tremont Avenue & South Tryon Street Charlotte NC 28203 Planned 103 Southside Park - West Blvd 64 Villages at Creedmore 1000 Rockwood Drive Charlotte NC 28214 Planned 138 Northwest Charlotte 65 Abberly Liberty Crossing Arthur Davis Road & Independence Hill Road Huntersville NC 28078 Planned 320 North Charlotte 66 Broadstone Highland Creek 5050 Ridge Road Charlotte NC 28269 Planned 260 North Charlotte 67 Christenbury Commons 9101 Edenbury Drive Concord NC 28027 Planned 350 North Charlotte 68 Innovation Park Redevelopment 8501 IBM Drive Charlotte NC 28262 Planned 1,450 North Charlotte 69 North Tryon Street 7619 North Tryon Street Charlotte NC 28262 Planned 100 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
70 Novel University Place J.W. Clay Blvd & North Tryon Street University City NC 28223 Planned 308 UNC At Charlotte 71 Eastway Drive 5301 North Tryon Street Charlotte NC 28213 Planned 200 Hidden Valley - Oak Forest 72 Farmington Interstate 485 & Rocky River Road Charlotte NC 28215 Planned 575 Hidden Valley - Oak Forest 73 Rocky River Residential 1806 Rocky River Road Charlotte NC 28213 Planned 126 Hidden Valley - Oak Forest 74 Active Retirement 6408 Providence Road Charlotte NC 28226 Planned 241 Wessex Square 75 Tryon Street & Youngblood Road 14671 Birnamwood Lane Charlotte NC 28278 Planned 240 Southwest Charlotte West Arrowood Road & 76 Whitehall - Mixed-Use Charlotte NC 28273 Planned 352 Southwest Charlotte Savoy Corporate Drive 77 Chronicle Mill Redevelopment 96 Catawba Street Belmont NC 28012 Planned 240 Belmont 78 The Morris at Belmont 6900 Wilkinson Blvd Charlotte NC 28214 Planned 325 Belmont 79 Steele Creek New Fashion Way & Shopton Road Charlotte NC 28278 Planned 330 Belmont 80 Birkdale Golf Club Birkdale Commons Pkwy & Sam Furr Road Huntersville NC 28078 Planned 210 Huntersville 81 Caldwell Station Phase II 17155 Old Statesville Road Huntersville NC 28078 Planned 176 Huntersville 82 Downtown Catalyst Project Jackson Street & South Main Street Davidson NC 28036 Planned 125 Huntersville 83 Redwood Kannapolis 4301 Kannapolis Pkwy Kannapolis NC 28081 Planned 166 Kannapolis 84 Poplin Road Mixed Residential Forst Circle & Poplin Road Monroe NC 28110 Planned 182 Monroe Ballantyne Commons Pkwy & 85 Ballantyne Corporate Park Residential Charlotte NC 28277 Planned 212 Ballantyne - Providence Ballantyne Corporate Place 86 Lancaster Village Townhomes 14624 Lancaster Hwy Pineville NC 28134 Planned 108 Ballantyne - Providence 87 Solis Chestnut Farm 3024 Matthews Weddington Road Matthews NC 28104 Planned 256 Ballantyne - Providence 88 The Exchange at Old Town Depot Dave Lyle Blvd & East White Street Rock Hill SC 29730 Planned 191 Rock Hill - East 89 Knowledge Park Student NEC Stewart Avenue & West White Street Rock Hill SC 29730 Planned 144 Rock Hill - East 90 Villas at Garden Way Redevelopment 211 Garden Way Rock Hill SC 29732 Planned 96 Rock Hill - West 91 Ashton Place Hawk Ridge Drive & Neal Hawkins Road Gastonia NC 28056 Planned 80 Gastonia - South 92 Mills Creek Phase IV 3016 Seth Court Gastonia NC 28054 Planned 84 Gastonia - South 93 Seasons of Gastonia 1267 Bradford Heights Road Gastonia NC 28054 Planned 156 Gastonia - South 94 Loray Mill Phase II 300 South Firestone Street Gastonia NC 28052 Planned 105 Gastonia - North 95 Rhyne Terraces 1900 West Davidson Avenue Gastonia NC 28052 Planned 80 Gastonia - North 96 Trenton Mill Redevelopment West Main Avenue & North Trenton Street Gastonia NC 28052 Planned 85 Gastonia - North 97 Mill One 201 North Church Street Mooresville NC 28115 Planned 90 Mooresville 98 Route 21 & East Waterlynn Road Route 21 & East Waterlynn Road Mooresville NC 28117 Planned 237 Mooresville Statesville - 99 Simonton Road Senior 1200 Simonton Road Statesville NC 28625 Planned 100 North Iredell County 100 First Ward East 10th Street & North Brevard Street Charlotte NC 28202 Planned 428 Second Ward 101 Realtor Building Redevelopment Greenwood Cliff & Kenilworth Avenue Charlotte NC 28204 Planned 200 Second Ward 102 Centre South Euclid Avenue & Templeton Avenue Charlotte NC 28203 Planned 160 Third Ward - Lakewood 103 Colony Redevelopment 3701 Roxborough Pkwy Charlotte NC 28211 Planned 340 Foxcroft Total Planned 16,074 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
104 250 Miller Pond Road 250 Miller Pond Road Rock Hill SC 29732 Prospective 264 105 Southend Walk 150 Orchard Circle Charlotte NC 28217 Prospective 94 106 1200 Metropolitan Avenue 1200 Metropolitan Avenue Charlotte NC 28204 Prospective 140 Second Ward 107 East Morehead Street Senior 727 East Morehead Street Charlotte NC 28202 Prospective 220 Second Ward 108 Morehead Overlook Mixed-Use 615 East Morehead Street Charlotte NC 28202 Prospective 200 Second Ward 109 North Alexander Street East 7th Street & North Alexander Street Charlotte NC 28202 Prospective 100 Second Ward BB&T Center Parking Deck 110 200 South College Street Charlotte NC 28282 Prospective 100 Uptown Redevelopment 111 Legacy Union 600 South Tryon Street Charlotte NC 28202 Prospective 300 Uptown 112 Link at Elizabeth Elizabeth Avenue & North Torrence Street Charlotte NC 28204 Prospective 550 Morningside 113 Plaza Midwood Mixed-Use Central Avenue & Pecan Avenue Charlotte NC 28205 Prospective 100 Morningside 114 Lerner Property Townhomes Eaton Road & Monroe Road Charlotte NC 28205 Prospective 75 Briarcreek - Oakhurst 115 Providence Road Townhomes Oxford Place & Providence Road Charlotte NC 28207 Prospective 64 Cotswold 116 Kenilworth Ave Housing Complex Kenilworth Avenue & Pierce Street Charlotte NC 28203 Prospective 56 Myers Park 117 915 Hamilton Street 915 Hamilton Street Charlotte NC 28206 Prospective 440 Third Ward - Lakewood 118 State Street Katonah Avenue & Mahopac Street Charlotte NC 28208 Prospective 140 Third Ward - Lakewood NWC South Cedar Street & 119 West Morehead Charlotte NC 28208 Prospective 212 Third Ward - Lakewood West Morehead Street 120 2715 North Davidson Street 2715 North Davidson Street Charlotte NC 28205 Prospective 147 Tryon Hills 121 Alta Filament 520 East 22nd Street Charlotte NC 28206 Prospective 352 Tryon Hills 122 Camp North End 1824 Statesville Avenue Charlotte NC 28206 Prospective 850 Tryon Hills 123 Craighead NoDa East Craighead Road & Philemon Avenue Charlotte NC 28206 Prospective 300 Tryon Hills NWC East 26th Street & 124 Fountains NoDa Charlotte NC 28205 Prospective 50 Tryon Hills North Davidson Street 125 Greenway District Clemson Ave & Matheson Ave Charlotte NC 28205 Prospective 255 Tryon Hills 126 Herrin Ice Redevelopment 315 East 36th Street Charlotte NC 28206 Prospective 200 Tryon Hills 127 HopHaus Lofts North Davidson Street & Matheson Avenue Charlotte NC 28205 Prospective 200 Tryon Hills 128 NoDa Redevelopment 2226 North Davidson Street Charlotte NC 28205 Prospective 100 Tryon Hills 129 North Brevard Street 2008 North Brevard Street Charlotte NC 28206 Prospective 323 Tryon Hills 130 Tryon Hills 311 West 25th Street Charlotte NC 28206 Prospective 295 Tryon Hills 131 Wadsworth Place 200 Wadsworth Place Charlotte NC 28206 Prospective 350 Tryon Hills 132 West 25th Street & North Pine Street West 25th Street & North Pine Street Charlotte NC 28206 Prospective 343 Tryon Hills 133 Yards at NoDa Phase II 703 Rollerton Road Charlotte NC 28205 Prospective 160 Tryon Hills 134 AAA Carolinas 6601 Executive Circle Charlotte NC 28212 Prospective 158 Eastland - Windsor Park 135 Eastland Mall Redevelopment Central Avenue & North Sharon Amity Road Charlotte NC 28205 Prospective 400 Eastland - Windsor Park 136 Wallace Lane Townhouses East Independence Blvd & Wallace Lane Charlotte NC 28212 Prospective 119 Coventry Woods - East Forest 137 Wallace Road Multi-Residential 7426 Wallace Road Charlotte NC 28212 Prospective 90 Coventry Woods - East Forest 138 2802 Coltsgate Road 2802 Coltsgate Road Charlotte NC 28211 Prospective 240 Foxcroft 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
139 Carmel on Providence Redevelopment NWC Fairview Road & Providence Road Charlotte NC 28211 Prospective 195 Foxcroft 140 Colony Redevelopment Phase II 3701 Roxborough Pkwy Charlotte NC 28211 Prospective 650 Foxcroft 141 Fairview Road 6310 Fairview Road Charlotte NC 28210 Prospective 325 Foxcroft 142 Drexel Place 1351 East Woodlawn Road Charlotte NC 28209 Prospective 265 Colonial Village - Montclaire 143 Seneca Woods Redevelopment 1509 Seneca Place Charlotte NC 28209 Prospective 205 Colonial Village - Montclaire 144 South Village Reynolds Drive & Scaleybark Road Charlotte NC 28209 Prospective 82 Colonial Village - Montclaire 145 Two Montford Park 4701 Hedgemore Drive Charlotte NC 28209 Prospective 300 Colonial Village - Montclaire 146 The Walden 1700 Abbey Place Charlotte NC 28209 Prospective 130 Colonial Village - Montclaire 147 Dunavant and Distribution 398 Dunavant Street Charlotte NC 28203 Prospective 400 Southside Park - West Blvd 148 Freedom Flats 4931 Freedom Drive Charlotte NC 28208 Prospective 220 Northwest Charlotte 149 Mount Holly Road Mt Holly Road & Sonoma Valley Drive Charlotte NC 28214 Prospective 70 Northwest Charlotte 150 Whitewater Point 2408 Belmeade Drive Charlotte NC 28214 Prospective 165 Northwest Charlotte 151 11010 Alexandriana Road 11010 Alexandriana Road Huntersville NC 28078 Prospective 312 Wedgewood 152 6428 Beatties Ford Road 6428 Beatties Ford Road Charlotte NC 28216 Prospective 128 Wedgewood 153 Garron Point Garron Point Drive & Larne Town Court Charlotte NC 28214 Prospective 240 Wedgewood 154 Northlake Centre Parkway Calhoun Street & Northlake Centre Pkwy Charlotte NC 28216 Prospective 78 Wedgewood 155 Northpark Blvd & Reames Road Northpark Blvd & Reames Road Charlotte NC 28216 Prospective 72 Wedgewood 156 Wren Northlake by Cortland Phase II 8524 Mason Andrew Way Charlotte NC 28216 Prospective 300 Wedgewood 157 7001 West Sugar Creek Townhomes 7001 West Sugar Creek Road Charlotte NC 28269 Prospective 75 North Charlotte 158 Ardmore at Bryton 12450 Bryton Ridge Pkwy Huntersville NC 28078 Prospective 288 North Charlotte 159 Cannon and Oneida Residential 1515 Cannon Avenue Charlotte NC 28269 Prospective 525 North Charlotte 160 Christenbury Commons 9620 Christenbury Pkwy Concord NC 28027 Prospective 170 North Charlotte 161 Dillon Lake 2801 Oakwood Drive Charlotte NC 28269 Prospective 240 North Charlotte 162 Mallard Creek Development SEC Mallard Creek Road & Ridge Road Charlotte NC 28269 Prospective 280 North Charlotte Mallard Creek Road & 163 Mallard Creek Road & Odell School Road Charlotte NC 28262 Prospective 234 North Charlotte Odell School Road 164 Prosperity Church Road Old Ridge Road & Prosperity Church Road Charlotte NC 28269 Prospective 79 North Charlotte 165 Prosperity Village 4840 Prosperity Church Road Charlotte NC 28269 Prospective 300 North Charlotte 166 Ridge Road Highland Park Drive & Ridge Road Charlotte NC 28269 Prospective 105 North Charlotte 167 Summer Creek Lane Mixed-Use Benfield Road & Summer Creek Lane Charlotte NC 28269 Prospective 84 North Charlotte West Mallard Creek Church Road & NWC Interstate 85 & 168 Charlotte NC 28262 Prospective 395 North Charlotte Interstate 85 West Mallard Creek Church 169 7101 McFarlane Blvd 7101 MacFarlane Blvd Charlotte NC 28262 Prospective 50 UNC At Charlotte 170 7600 University 7600 University City Blvd Charlotte NC 28213 Prospective 390 UNC At Charlotte 171 Christenbury North Tryon Street & Wrayhill Drive Charlotte NC 28262 Prospective 248 UNC At Charlotte 172 Hampton Church Hampton Church Road & North Tryon Street Charlotte NC 28262 Prospective 200 UNC At Charlotte 173 Nexus 485 1931 Salome Church Road Charlotte NC 28262 Prospective 228 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
174 Trevi Village 12300 US Route 29 Charlotte NC 28262 Prospective 240 UNC At Charlotte 175 UNCC Heritage Sir Anthony Drive & US 29 Access Charlotte NC 28262 Prospective 194 UNC At Charlotte Cambridge Commons Drive & 176 Cambridge Commons Drive & Sam Dee Road Charlotte NC 28215 Prospective 300 Hidden Valley - Oak Forest Sam Dee Road 177 Citiside Seniors NEC Eaves Lane & Plaza Walk Drive Charlotte NC 28215 Prospective 70 Hidden Valley - Oak Forest 178 Fairview Lodge McDaniel Lane & Old Concord Road Charlotte NC 28213 Prospective 117 Hidden Valley - Oak Forest 179 Sugar Creek and Munsee 724 West Sugar Creek Road Charlotte NC 28213 Prospective 50 Hidden Valley - Oak Forest 180 Sugar Creek Station 601 East Sugar Creek Road Charlotte NC 28213 Prospective 1,000 Hidden Valley - Oak Forest 181 The Hub on Harris 7705 East W.T. Harris Blvd Charlotte NC 28227 Prospective 288 Becton Park - Marlwood 182 Marshall Hooks Idlewild Road & Marshall Hooks Road Matthews NC 28105 Prospective 105 Matthews 183 Quail Hollow Village SEC Gleneagles Road & Park Road Charlotte NC 28210 Prospective 290 Pineville 184 Retreat at McAlpine Creek Renovation 6800 Fishers Farm Lane Charlotte NC 28277 Prospective 400 Pineville 185 Hamilton Road 12701 Hamilton Road Charlotte NC 28273 Prospective 206 Southwest Charlotte 186 Shopton Road West 15839 Shopton Road West Charlotte NC 28278 Prospective 240 Southwest Charlotte 187 South Tryon Street John Price Road & South Tryon Street Charlotte NC 28273 Prospective 231 Southwest Charlotte 188 Springs at Steele Creek 12100 South Tryon Street Charlotte NC 28273 Prospective 272 Southwest Charlotte 189 Steele Creek Interstate 485 & West Arrowood Road Charlotte NC 28217 Prospective 270 Southwest Charlotte 190 Sweetgrass at Steele Creek Shopton Road West & Steele Creek Road Charlotte NC 28278 Prospective 230 Southwest Charlotte 191 The River District Dixie River Road & Interstate 485 Charlotte NC 28278 Prospective 300 Belmont 192 South Fork Senior Community Armstrong Ford Road & Eastwood Drive Belmont NC 28012 Prospective 809 Belmont 193 Elm Street 725 Elm Avenue Mount Holly NC 28120 Prospective 100 Mt Holly 194 Sam Furr Road Senior 8521 Sam Furr Road Huntersville NC 28078 Prospective 78 Huntersville Huntersville - Concord Road & 195 Vermillion Front Huntersville NC 28078 Prospective 99 Huntersville Warfield Avenue 196 Argento at Kellswater 5010 Rogers Lake Road Kannapolis NC 28081 Prospective 270 Kannapolis 197 Coldwater Ridge and Doffer Lane Coldwater Ridge Drive & Doffer Lane Kannapolis NC 28083 Prospective 74 Kannapolis 198 Emerson Hills 320 North Avenue Kannapolis NC 28083 Prospective 216 Kannapolis 199 The Addison Eighty50 8255 Old Holland Road Concord NC 28262 Prospective 339 Concord - West 200 The Cascades George W Liles Pkwy & Roberta Church Road Concord NC 28027 Prospective 104 Concord - West Sycamore Ridge Road NE & 201 Copperfield Concord NC 28025 Prospective 216 Concord - East Vinehaven Drive NE 202 Town Centre 100 Plyler Road Indian Trail NC 28079 Prospective 348 Monroe 203 Union Park Townes 2025 Stallings Road Stallings NC 28104 Prospective 220 Monroe 204 Willows at Stallings Idlewild Road & Stevens Mill Road Stallings NC 28104 Prospective 345 Monroe 205 Elm Lane Townhomes 11724 Elm Lane Charlotte NC 28277 Prospective 61 Ballantyne - Providence 206 Novel Ballantyne Johnston Road & Marvin Road Charlotte NC 28277 Prospective 455 Ballantyne - Providence 207 The Heritage Towers 375 Star Light Drive Fort Mill SC 29715 Prospective 200 Fort Mill 208 Southbridge 2280 Deerfield Drive Fort Mill SC 29715 Prospective 600 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
209 Vintage Fort Mill 2116 Pleasant Road Fort Mill SC 29715 Prospective 216 Fort Mill 210 The Arbors at Manchester Village 7 Oaks Blvd & Springsteen Road Rock Hill SC 29730 Prospective 220 Rock Hill - East 211 Johnston Farms South Anderson Road & Princeton Road Rock Hill SC 29730 Prospective 120 Rock Hill - East 212 Knowledge Park Senior NEC West White Street & Stewart Avenue Rock Hill SC 29730 Prospective 93 Rock Hill - East 213 Three Points on Saluda South Heckle Blvd & Saluda Street Rock Hill SC 29730 Prospective 144 Rock Hill - East 214 Marvell 2114 Riverchase Blvd Rock Hill SC 29732 Prospective 200 Rock Hill - West 215 Catawba Creek Villas 100 Gaston Day School Road Gastonia NC 28056 Prospective 84 Gastonia - South 216 Ethan's Pointe Homes 1200 Redbud Drive Gastonia NC 28054 Prospective 322 Gastonia - South 217 New Hope Road 2869 South New Hope Road Gastonia NC 28056 Prospective 230 Gastonia - South 218 Oaken Trails 1580 Bradford Heights Road Gastonia NC 28054 Prospective 56 Gastonia - South 219 Wilson 616 South New Hope Road Gastonia NC 28054 Prospective 616 Gastonia - South 220 301 - 303 South Spargo Street 303 South Spargo Street Dallas NC 28034 Prospective 50 Gastonia - North 221 Northglenn Interstate 85 & North Chester Street Gastonia NC 28052 Prospective 320 Gastonia - North Hickory Ridge Road & 222 Hickory Ridge Road & Rocky River Road Harrisburg NC 28075 Prospective 55 Outlying Cabarrus County Rocky River Road 223 Bellewood 2880 Bessemer City Road Bessemer City NC 28016 Prospective 96 Outlying Gaston County 224 Alcove Road Mixed-Use NWC Alcove Road & Wades Way Davidson NC 28117 Prospective 388 Mooresville 225 Sycamore at Mooresville River Hwy & Water Oak Drive Mooresville NC 28117 Prospective 275 Mooresville 226 CrossRidge Center Dobys Bridge Road & US Route 521 Fort Mill SC 29707 Prospective 100 Lancaster County 227 Rivercross 1304 State Road 1387 Denver NC 28037 Prospective 240 Lincoln County 228 Kannapolis Stadium 2888 Moose Road Kannapolis NC 28083 Prospective 270 Rowan County 229 Rowan Woodland 2700 Statesville Blvd Salisbury NC 28147 Prospective 240 Rowan County 230 Westbrook Trace 500 Lash Drive Salisbury NC 28147 Prospective 84 Rowan County South McDowell Street & 231 Brooklyn Village Charlotte NC 28204 Prospective 1,177 Second Ward East Stonewall Street 232 Centre South Phase II Euclid Avenue & Templeton Avenue Charlotte NC 28203 Prospective 565 Third Ward - Lakewood 233 Callahan & Spring Callahan Street & Spring Street Charlotte NC 28206 Prospective 250 Tryon Hills 234 New Brookhill Remount Road & South Tryon Street Charlotte NC 28203 Prospective 324 Southside Park - West Blvd 235 River District 8300 Dixie River Road Charlotte NC 28278 Prospective 124 Belmont Total Prospective 32,211
TOTAL CHARLOTTE 59,918 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: October 2020