Charlotte New Construction & Proposed Multifamily Projects 4Q20
ID PROPERTY UNITS
5 The Bridges of Cabarrus 144 8 Vida Kannapolis 275 109 27 Loftin at Montcross Senior Phase II 100 Total Lease Up 519
37 Emery Village 132 247 47 The Point at Caldwell Station 297 248 48 Mill One 90 49 The Lofts at Union Crossing 84 Total Under Construction 603
243 71 Villages at Creedmore 138 48 86 Chronicle Mill Redevelopment 240 108 89 Birkdale Golf Club 210 242 90 Davidson Bay 56 90 246 91 Downtown Catalyst Project 125 8 210 217 92 The Point at Caldwell Station Phase II 176 209 91 212 93 Redwood Kannapolis 166 245 93 211 208 47 5 94 30 Market Street 294 92 89 213 37 102 Ashton Place 80 103 Mills Creek Phase IV 84 94 104 Seasons of Gastonia 156 105 Loray Mill Phase II 105 213 Trinity Church Road 114 106 Rhyne Terraces 80 217 Copperfield 216 107 Trenton Mill Redevelopment 85 238 161 233 Catawba Creek Villas 84 207 165 108 US Route 21 & East Waterlynn Road 237 239 162 234 Ethan's Pointe Homes 322 241 106 109 Simonton Road Senior 100 107 237 71 235 New Hope Road 230 Total Planned 2,332 105 27 236 Oaken Trails 56 236 235 102 104 86 237 Wilson 616 103 206 161 Mount Holly Road 70 238 301-303 South Spargo Street 50 49 234 162 Whitewater Point 165 239 Northglenn 320 233 165 Garron Point 240 241 Bellewood 96 206 South Fork Senior Community 809 242 Alcove Road 388 207 Elm Street 100 243 Sycamore at Mooresville 275 208 Sam Furr Road Senior 78 245 Rivercross 240 209 Sefton Park 344 246 Kannapolis Stadium 270 210 Argento at Kellswater 270 247 Rowan Woodland 240 211 Coldwater Ridge Phase II 72 248 Westbrook Trace 84 212 Emerson Hills 216 Total Prospective 5,965 5 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 4Q20
ID PROPERTY UNITS
1 Broadstone Lemmond Farm 336 3 Solis City Park 272 4 The Court at Redstone 260 6 The Mason @ Six Mile Creek 300 7 Capital Club 312 240 81 10 Crown Court 103 17 Avion Point 200 24 Beverley 201 160 Total Lease Up 1,984 190 190 Cambridge Commons Drive & Sam Dee Road 300 87 195 The Hub on Harris 288 34 Solis Chestnut Farm 256 196 Marshall Hooks 105 1 195 36 Broadstone Ayrsley 320 144 197 Quail Hollow Village 290 205 46 Steele Creek Rivergate 410 143 198 Retreat at McAlpine Creek Renovation 400 253 125 51 Residences Galleria 250 17 3 199 Hamilton Road 206 Total Under Construction 1,236 88 145 146 200 Shopton Road West 240 203 201 South Tryon Street 231 204 66 148 66 Providence Row Phase II 830 85 202 Springs at Steele Creek 272 10 81 Farmington 575 36 203 Steele Creek 270 51 83 Active Retirement 241 196 204 Sweetgrass at Steele Creek 230 83 84 Tryon Street & Youngblood Road 240 202 201 197 221 205 The River District 300 200 85 Whitehall 352 220 218 Indian Trail Senior 119 46 87 The Morris at Belmont 325 84 219 Town Centre 348 198 88 Steele Creek 330 199 220 Union Park Townes 220 24 219 95 Poplin Road 182 221 Willows at Stallings 345 218 95 96 Redwood Monroe 119 224 34 222 Elm Lane Townhomes 61 97 97 Ballantyne Corporate Park Residential 212 225 98 222 223 Novel Ballantyne 455 226 98 Lancaster Village Townhomes 108 96 224 The Heritage Towers 200 223 99 The Exchange at Rock Hill 229 225 Southbridge 600 100 Knowledge Park Student 144 226 Vintage Fort Mill 216 101 Villas at Garden Way Redevelopment 96 7 4 227 The Arbors at Manchester Village 220 Total Planned 3,983 228 Johnston Farms 120 232 6 229 Knowledge Park Senior 93 231 125 Lerner Property Townhomes 75 230 Three Points on Saluda 144 244 143 AAA Carolinas 158 231 250 Miller Pond Road 264 101 229 144 Eastland Mall Redevelopment 400 232 Marvell 200 100 227 145 Wallace Lane Townhouses 119 240 Hickory Ridge Road & Rocky River Road 55 99 228 146 Wallace Road 90 244 CrossRidge Center 100 148 Carmel on Providence Redevelopment 195 253 River District 124 230 160 Freedom Flats 220 Total Prospective 8,273 2 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 4Q20
ID PROPERTY UNITS
2 Mosby University City 309 9 Hyde Glen 65 11 Apartments @ Eleven240 271 181 175 18 Bainbridge Research Park 304 21 Sage Highland Creek 184 25 Verde at McCullough Station 278 21 26 The Wayford at Concord 150 26 Total Lease Up 1,561 74 171 176 173 73 216 31 Broadstone Highland Creek 260 31 214 179 163 33 32 Tapestry University City 352 11 178 168 72 33 Cyan Mallard Creek 234 177 180 215 43 Mallard Pointe 260 166 44 Lumeo at Tryon Park 314
45 Vue on University Center 271 76 Total Under Construction 1,691 169 43 173 Christenbury Commons 170 188 187 170 174 Dillon Lake 240 183 9 72 Abberly Liberty Crossing 320 175 Huntersville Town Center 140 73 Christenbury Commons 350 176 Prosperity Church Road 79 18 164 189 74 Huntersville Market 175 177 Prosperity Village 300 75 Innovation Park Redevelopment 1,450 77 178 Ridge Road 105 167 182 78 76 Christenbury 248 75 45 179 Summer Creek Lane 84 25 77 Inn Charlotte University Research Park 91 180 Taylor Farms by Watermark 276 114 186 78 Novel University Place 308 181 Vermillion Front 99 79 79 University City 325 44 32 182 Wayford 300 185 80 Eastway Drive 200 183 West Mallard Creek Church 174 184 2 Road & Interstate 85 395 82 Rocky River Residential 126 172 184 7101 McFarlane Blvd 50 114 North Tryon Street 105 82 185 7600 University 390 Total Planned 3,698 186 Hampton Church 200 193 187 Nexus 485 228 192 163 11010 Alexandriana Road 312 80 188 Trevi Village 240 164 6428 Beatties Ford Road 128 189 UNCC Heritage 194 166 Northlake Centre Parkway 78 191 Citiside Seniors 70 191 167 Northpark Blvd & Reames Road 72 192 Fairview Lodge 117 168 Wren Northlake by Cortland Phase II 300 193 Sugar Creek and Munsee 50 169 7001 West Sugar Creek Townhomes 75 214 3575 Jacobs Crossing Blvd 128 170 The Addison One15 271 215 The Addison Eighty50 339 171 Ardmore at Bryton 288 216 The Cascades 104 172 Cannon and Oneida 525 Total Prospective 6,347 1 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 4Q20
ID PROPERTY UNITS
12 Hazel SouthPark 203
14 The Edge 263 57 15 Element SouthPark 345 22 The Mezzanine at Freedom 185 23 Link Apartments Montford 288 28 The Village at Commonwealth Phase II 422 Total Lease Up 1,706 58 129
22 35 Novel LoSo Station 350 40 Evoke Living at Westerly Hills 156 41 The Artistry 350 50 42 The Square at South End 132 40 50 Morehead Ridge 280 Total Under Construction 1,268 124
123 28 57 Rozzelles Ferry Road 133 157 42 115 58 Savona Mill Redevelopment 800 70 111 159 158 65 Allure Phase II 200 252 69 67 Link Apartments Montford Phase II 250 127 68 Melrose Place Redevelopment 265 69 New Brookhill 324 14 70 West Tremont Avenue 103 111 Realtor Building Redevelopment 200 35 126 113 Colony Redevelopment 340 41 154 Total Planned 2,615
115 1200 Metropolitan Avenue 140 153 123 Link at Elizabeth 550 124 Plaza Midwood 100 151 126 Providence Road Townhomes 64 68 156
127 Kenilworth Ave Housing Complex 56 67 155 129 State Street 104 23 147 2802 Coltsgate Road 240 152 155 Two Montford Park 300 149 Colony Redevelopment Phase II 650 156 The Walden 130 150 Fairview Road 325 113 157 2213 Toomey Avenue 325 65 149 151 Drexel Place 265 158 Dunavant and Distribution 400 12 152 Seneca Woods Redevelopment 205 15 159 West Boulevard 160 153 South Village 82 150 147 252 New Brookhill 324 154 Southend Walk 94 Total Prospective 4,514 2000 ft Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Charlotte New Construction & Proposed Multifamily Projects 4Q20
ID PROPERTY UNITS
13 Alta Purl 341 16 Bainbridge NoDa 273 19 Amaze @ NoDa 284 20 Centro Railyard 91 29 Camden Grandview Phase II 50 Total Lease Up 1,039 194 134 64 19 30 Camden NoDa 385 61 38 500 West Trade Street 354 39 The Ellis 549 133 141 142 62 52 FNB Tower 196 139 Total Under Construction 1,484 251 131 30
53 Seventh & Tryon 685 135 16 128 136 54 Uptown Central Station 431 138 137 55 712 North Smith Street 350 60 132 56 Link Mint 259 55 63 59 South Mint Street 303 140 60 Sycamore at Gateway 400 61 Link NoDa 282 121 13 62 NoDa 3536 200 38 110 63 North Davidson Street & East 21st Street 290 53 39 52 64 Station House 300 130 110 First Ward 428 120 112 Centre South 160 119 54 Total Planned 4,088 122 134 Craighead NoDa 300 59 56 135 Fountains NoDa 330 116 East Morehead Street Senior 220 136 Greenway District 255 29 117 Morehead Overlook 200 117 137 NoDa Redevelopment 100 20 118 Morehead Street 350 249 138 North Brevard Street 323 118 119 North Alexander Street 105 139 Tryon Hills 295 116 120 BB&T Center Parking Deck 250 112 Redevelopment 100 140 Wadsworth Place 350 121 The Horizon at Uptown 50 141 West 25th Street & North Pine Street 343 122 Legacy Union 300 142 Yards at NoDa Phase II 160 128 915 Hamilton Street 440 194 Sugar Creek Station 400 130 West Morehead 212 249 Brooklyn Village 1,177 131 2715 North Davidson Street 147 250 Centre South Phase II 565 132 Alta Filament 352 251 Callahan & Spring 250 133 Camp North End 202 Total Prospective 7,526 2000 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 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 Solis City Park 2322 Arbor Loop Drive Charlotte NC 28217 Lease-Up 272 Southwest Charlotte 08/15/2019 02/28/2021 07/24/2020 4 The Court at Redstone 3000 Fast Lane Indian Land SC 29707 Lease-Up 260 Lancaster County 08/01/2019 02/28/2021 06/01/2020 5 The Bridges of Cabarrus 2625 South Ridge Avenue Kannapolis NC 28083 Lease-Up 144 Kannapolis 07/12/2018 02/28/2021 05/04/2020 6 The Mason @ Six Mile Creek 5209 Craftsman Drive Indian Land SC 29707 Lease-Up 300 Lancaster County 11/23/2018 02/28/2021 03/01/2020 7 Capital Club 2278 Capital Club Way Indian Land SC 29707 Lease-Up 312 Lancaster County 01/01/2018 02/28/2021 02/28/2020 8 Vida Kannapolis 210 South Main Street Kannapolis NC 28081 Lease-Up 275 Kannapolis 08/31/2019 01/31/2021 11/01/2020 9 Hyde Glen 11116 Hyde Pointe Court Charlotte NC 28262 Lease-Up 65 UNC at Charlotte 10/01/2019 01/31/2021 09/01/2020 10 Crown Court 9283 Nolley Court Charlotte NC 28270 Lease-Up 103 Matthews 10/31/2019 01/31/2021 09/01/2020 11 Apartments @ Eleven240 11240 Woolwich Street Charlotte NC 28216 Lease-Up 271 Wedgewood 07/31/2019 01/31/2021 07/22/2020 12 Hazel SouthPark 4401 Barclay Downs Drive Charlotte NC 28209 Lease-Up 203 Foxcroft 06/01/2018 01/31/2021 07/01/2020 13 Alta Purl 1018 North Caldwell Street Charlotte NC 28206 Lease-Up 341 Second Ward 01/01/2019 01/31/2021 06/10/2020 14 The Edge 2705 Haverford Place Charlotte NC 28209 Lease-Up 263 Colonial Village - Montclaire 03/23/2019 01/31/2021 06/07/2020 15 Element SouthPark 4425 Sharon Road Charlotte NC 28211 Lease-Up 345 Foxcroft 10/29/2018 01/31/2021 06/01/2020 16 Bainbridge NoDa 2509 North Davidson Street Charlotte NC 28205 Lease-Up 273 Tryon Hills 10/13/2018 01/31/2021 05/05/2020 17 Avion Point 2335 West Tyvola Road Charlotte NC 28217 Lease-Up 200 Southwest Charlotte 06/16/2019 01/31/2021 05/01/2020 18 Bainbridge Research Park 7110 Verdant Hill Road Charlotte NC 28262 Lease-Up 304 North Charlotte 07/31/2019 01/31/2021 04/24/2020 19 Amaze @ NoDa 3750 Philemon Avenue Charlotte NC 28206 Lease-Up 284 Tryon Hills 03/27/2019 01/31/2021 03/18/2020 20 Centro Railyard 1425 Winnifred Street Charlotte NC 28203 Lease-Up 91 Third Ward - Lakewood 03/01/2019 01/31/2021 02/06/2020 21 Sage Highland Creek 9246 Highland Creek Pkwy Charlotte NC 28269 Lease-Up 184 North Charlotte 08/31/2019 01/31/2021 02/01/2020 22 The Mezzanine at Freedom 2635 Freedom Drive Charlotte NC 28208 Lease-Up 185 Third Ward - Lakewood 05/26/2019 01/31/2021 01/28/2020 23 Link Apartments Montford 1606 Abbey Place Charlotte NC 28209 Lease-Up 288 Colonial Village - Montclaire 10/29/2018 01/31/2021 01/07/2020 24 Beverley 11926 North Community House Road Charlotte NC 28277 Lease-Up 201 Ballantyne - Providence 03/23/2019 01/31/2021 01/03/2020 25 Verde at McCullough Station 8320 University Executive Park Drive Charlotte NC 28262 Lease-Up 278 UNC at Charlotte 08/31/2018 01/31/2021 10/31/2019 26 The Wayford at Concord 525 Wayforth Road NW Concord NC 28027 Lease-Up 150 Concord - West 10/14/2019 01/31/2021 10/18/2019 27 Loftin at Montcross Senior Phase II 844 Hawley Avenue Belmont NC 28012 Lease-Up 100 Belmont 07/26/2018 01/31/2021 04/01/2019 28 The Village at Commonwealth Phase II 1308 Lorna Street Charlotte NC 28205 Lease-Up 422 Morningside 04/30/2018 01/31/2021 02/01/2019 29 Camden Grandview Phase II 309 East Morehead Street Charlotte NC 28202 Lease-Up 50 Uptown 10/26/2017 01/31/2021 12/31/2018 Total Lease-Up 6,809
30 Camden NoDa North Davidson Street & Jordan Place Charlotte NC 28205 Under Construction 385 Tryon Hills 11/16/2020 12/31/2022 31 Broadstone Highland Creek 5050 Ridge Road Charlotte NC 28269 Under Construction 260 North Charlotte 11/09/2020 12/31/2022 32 Tapestry University City 8235 Dave McKinney Avenue Charlotte NC 28213 Under Construction 352 Hidden Valley - Oak Forest 06/01/2020 12/31/2022 33 Cyan Mallard Creek 3010 Cyan Drive Charlotte NC 28262 Under Construction 234 North Charlotte 11/01/2020 06/30/2022 34 Solis Chestnut Farm 3024 Matthews Weddington Road Matthews NC 28104 Under Construction 256 Ballantyne - Providence 06/30/2020 06/30/2022 35 Novel LoSo Station 3610 South Blvd Charlotte NC 28209 Under Construction 350 Colonial Village - Montclaire 04/01/2020 04/30/2022 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 Broadstone Ayrsley 2215 Silver Crescent Drive Charlotte NC 28273 Under Construction 320 Southwest Charlotte 04/01/2020 04/30/2022 37 Emery Village 170 Emery Avenue NW Concord NC 28027 Under Construction 132 Concord - East 08/01/2020 01/31/2022 38 500 West Trade Street 500 West Trade Street Charlotte NC 28202 Under Construction 354 Uptown 12/03/2019 12/31/2021 39 The Ellis 512 North College Street Charlotte NC 28202 Under Construction 549 Uptown 06/20/2019 12/31/2021 40 Evoke Living at Westerly Hills 2503 Westerly Hills Drive Charlotte NC 28208 Under Construction 156 Third Ward - Lakewood 09/01/2020 12/31/2021 41 The Artistry 200 East Cama Street Charlotte NC 28217 Under Construction 350 Colonial Village - Montclaire 09/30/2019 12/31/2021 42 The Square at South End 228 West Blvd Charlotte NC 28203 Under Construction 132 Southside Park - West Blvd 09/20/2020 12/31/2021 43 Mallard Pointe 11030 David Taylor Drive Charlotte NC 28262 Under Construction 260 North Charlotte 01/31/2020 12/31/2021 44 Lumeo at Tryon Park 7020 MacFarlane Blvd Charlotte NC 28262 Under Construction 314 UNC at Charlotte 03/27/2020 12/31/2021 East Mallard Creek Church Road & 45 Vue on University Center Charlotte NC 28213 Under Construction 271 UNC at Charlotte 12/01/2019 12/31/2021 University City Blvd 46 Steele Creek Rivergate Steele Creek Road & Walker Branch Road Charlotte NC 28278 Under Construction 410 Southwest Charlotte 08/31/2019 12/31/2021 47 The Point at Caldwell Station 17355 Old Statesville Road Huntersville NC 28078 Under Construction 297 Huntersville 10/31/2019 12/31/2021 48 Mill One 201 North Church Street Mooresville NC 28115 Under Construction 90 Mooresville 09/22/2020 09/30/2021 49 The Lofts at Union Crossing 2708 Union Road Gastonia NC 28054 Under Construction 84 Gastonia - South 08/31/2020 08/31/2021 50 Morehead Ridge 1750 West Morehead Street Charlotte NC 28208 Under Construction 280 Third Ward - Lakewood 06/16/2019 06/30/2021 51 Residences Galleria 10252 Monroe Road Charlotte NC 28270 Under Construction 250 Matthews 10/31/2019 06/30/2021 52 FNB Tower 401 South Graham Street Charlotte NC 28202 Under Construction 196 Third Ward - Lakewood 07/31/2019 01/31/2021 Total Under Construction 6,282
53 Seventh & Tryon East 7th Street & North Tryon Street Charlotte NC 28202 Planned 685 Uptown 54 Uptown Central Station East 4th Street & South Brevard Street Charlotte NC 28202 Planned 431 Uptown 55 712 North Smith Street 712 North Smith Street Charlotte NC 28202 Planned 350 Third Ward - Lakewood 56 Link Mint 1200 South Mint Street Charlotte NC 28203 Planned 259 Third Ward - Lakewood 57 Rozzelles Ferry Road Rozzelles Ferry Road & West Trade Street Charlotte NC 28208 Planned 133 Third Ward - Lakewood 58 Savona Mill Redevelopment 500 South Turner Avenue Charlotte NC 28208 Planned 800 Third Ward - Lakewood 59 South Mint Street West Carson Blvd & South Mint Street Charlotte NC 28203 Planned 303 Third Ward - Lakewood 60 Sycamore at Gateway NWC West 6th Street & North Sycamore Street Charlotte NC 28202 Planned 400 Third Ward - Lakewood 61 Link NoDa 315 East 36th Street Charlotte NC 28206 Planned 282 Tryon Hills 62 NoDa 3536 436 East 36th Street Charlotte NC 28205 Planned 200 Tryon Hills North Davidson Street & 63 East 21st Street & North Davidson Street Charlotte NC 28206 Planned 290 Tryon Hills East 21st Street 64 Station House 600 East Sugar Creek Road Charlotte NC 28213 Planned 300 Tryon Hills 65 Allure Phase II 5720 Carnegie Blvd Charlotte NC 28209 Planned 200 Foxcroft 66 Providence Row Phase II 5350 Pinehurst Park Drive Charlotte NC 28211 Planned 830 Foxcroft 67 Link Apartments Montford Phase II 1606 Abbey Place Charlotte NC 28209 Planned 250 Colonial Village - Montclaire 68 Melrose Place Redevelopment 1351 East Woodlawn Road Charlotte NC 28209 Planned 265 Colonial Village - Montclaire 69 New Brookhill 2506 South Tryon Street Charlotte NC 28203 Planned 324 Southside Park - West Blvd 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 West Tremont Avenue West Tremont Avenue & South Tryon Street Charlotte NC 28203 Planned 103 Southside Park - West Blvd 71 Villages at Creedmore 1000 Rockwood Drive Charlotte NC 28214 Planned 138 Northwest Charlotte 72 Abberly Liberty Crossing Arthur Davis Road & Independence Hill Road Huntersville NC 28078 Planned 320 North Charlotte 73 Christenbury Commons 9101 Edenbury Drive Concord NC 28027 Planned 350 North Charlotte 74 Huntersville Market Eastfield Road & Prosperity Church Road Huntersville NC 28078 Planned 175 North Charlotte 75 Innovation Park Redevelopment 8501 IBM Drive Charlotte NC 28262 Planned 1,450 North Charlotte 76 Christenbury 12601 North Tryon Street Charlotte NC 28262 Planned 248 UNC at Charlotte 77 Inn Charlotte University Research Park 8503 North Tryon Street Charlotte NC 28262 Planned 91 UNC at Charlotte 78 Novel University Place J.W. Clay Blvd & North Tryon Street University City NC 28223 Planned 308 UNC at Charlotte 79 University City 400 Carolyn Lane Charlotte NC 28213 Planned 325 UNC at Charlotte 80 Eastway Drive 5301 North Tryon Street Charlotte NC 28213 Planned 200 Hidden Valley - Oak Forest 81 Farmington Interstate 485 & Rocky River Road Charlotte NC 28215 Planned 575 Hidden Valley - Oak Forest 82 Rocky River Residential 1806 Rocky River Road Charlotte NC 28213 Planned 126 Hidden Valley - Oak Forest 83 Active Retirement 6408 Providence Road Charlotte NC 28226 Planned 241 Wessex Square 84 Tryon Street & Youngblood Road 14671 Birnamwood Lane Charlotte NC 28278 Planned 240 Southwest Charlotte 85 Whitehall 3211 West Arrowood Road Charlotte NC 28273 Planned 352 Southwest Charlotte 86 Chronicle Mill Redevelopment 96 Catawba Street Belmont NC 28012 Planned 240 Belmont 87 The Morris at Belmont 6900 Wilkinson Blvd Charlotte NC 28214 Planned 325 Belmont 88 Steele Creek New Fashion Way & Shopton Road Charlotte NC 28278 Planned 330 Belmont 89 Birkdale Golf Club Birkdale Commons Pkwy & Sam Furr Road Huntersville NC 28078 Planned 210 Huntersville 90 Davidson Bay Armour Street & Beaty Street Davidson NC 28036 Planned 56 Huntersville 91 Downtown Catalyst Project Jackson Street & South Main Street Davidson NC 28036 Planned 125 Huntersville 92 The Point at Caldwell Station Phase II 17355 Old Statesville Road Huntersville NC 28078 Planned 176 Huntersville 93 Redwood Kannapolis 4301 Kannapolis Pkwy Kannapolis NC 28081 Planned 166 Kannapolis 94 30 Market Street 30 Market Street SW Concord NC 28025 Planned 294 Concord - East 95 Poplin Road Forst Circle & Poplin Road Monroe NC 28110 Planned 182 Monroe Secrest Price Road & 96 Redwood Monroe Monroe NC 28110 Planned 119 Monroe Woodlands Creek Drive Ballantyne Commons Pkwy & 97 Ballantyne Corporate Park Residential Charlotte NC 28277 Planned 212 Ballantyne - Providence Ballantyne Corporate Place 98 Lancaster Village Townhomes 14624 Lancaster Hwy Pineville NC 28134 Planned 108 Ballantyne - Providence 99 The Exchange at Rock Hill Dave Lyle Blvd & East White Street Rock Hill SC 29730 Planned 229 Rock Hill - East 100 Knowledge Park Student NEC Stewart Avenue & West White Street Rock Hill SC 29730 Planned 144 Rock Hill - East 101 Villas at Garden Way Redevelopment 211 Garden Way Rock Hill SC 29732 Planned 96 Rock Hill - West 102 Ashton Place Hawk Ridge Drive & Neal Hawkins Road Gastonia NC 28056 Planned 80 Gastonia - South 103 Mills Creek Phase IV 3016 Seth Court Gastonia NC 28054 Planned 84 Gastonia - South 104 Seasons of Gastonia 1267 Bradford Heights Road Gastonia NC 28054 Planned 156 Gastonia - South 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
105 Loray Mill Phase II 300 South Firestone Street Gastonia NC 28052 Planned 105 Gastonia - North 106 Rhyne Terraces 1900 West Davidson Avenue Gastonia NC 28052 Planned 80 Gastonia - North 107 Trenton Mill Redevelopment 612 West Main Avenue Gastonia NC 28052 Planned 85 Gastonia - North 108 US Route 21 & East Waterlynn Road US Route 21 & East Waterlynn Road Mooresville NC 28117 Planned 237 Mooresville 109 Simonton Road Senior 1200 Simonton Road Statesville NC 28625 Planned 100 Statesville - North Iredell County 110 First Ward East 10th Street & North Brevard Street Charlotte NC 28202 Planned 428 Second Ward 111 Realtor Building Redevelopment Greenwood Cliff & Kenilworth Avenue Charlotte NC 28204 Planned 200 Second Ward 112 Centre South Euclid Avenue & Templeton Avenue Charlotte NC 28203 Planned 160 Third Ward - Lakewood 113 Colony Redevelopment 3701 Roxborough Pkwy Charlotte NC 28211 Planned 340 Foxcroft 114 North Tryon Street 7619 North Tryon Street Charlotte NC 28262 Planned 105 UNC at Charlotte Total Planned 16,716
115 1200 Metropolitan Avenue 1200 Metropolitan Avenue Charlotte NC 28204 Prospective 140 Second Ward 116 East Morehead Street Senior 727 East Morehead Street Charlotte NC 28202 Prospective 220 Second Ward 117 Morehead Overlook 615 East Morehead Street Charlotte NC 28202 Prospective 200 Second Ward 118 Morehead Street 711 East Morehead Street Charlotte NC 28202 Prospective 350 Second Ward 119 North Alexander Street East 7th Street & North Alexander Street Charlotte NC 28202 Prospective 105 Second Ward BB&T Center Parking Deck 120 200 South College Street Charlotte NC 28282 Prospective 100 Uptown Redevelopment 121 The Horizon at Uptown SEC West 6th Street & North Graham Street Charlotte NC 28202 Prospective 50 Uptown 122 Legacy Union 600 South Tryon Street Charlotte NC 28202 Prospective 300 Uptown 123 Link at Elizabeth Elizabeth Avenue & North Torrence Street Charlotte NC 28204 Prospective 550 Morningside 124 Plaza Midwood Central Avenue & Pecan Avenue Charlotte NC 28205 Prospective 100 Morningside 125 Lerner Property Townhomes Eaton Road & Monroe Road Charlotte NC 28205 Prospective 75 Briarcreek - Oakhurst 126 Providence Road Townhomes Oxford Place & Providence Road Charlotte NC 28207 Prospective 64 Cotswold 127 Kenilworth Ave Housing Complex Kenilworth Avenue & Pierce Street Charlotte NC 28203 Prospective 56 Myers Park 128 915 Hamilton Street 915 Hamilton Street Charlotte NC 28206 Prospective 440 Third Ward - Lakewood 129 State Street Katonah Avenue & Mahopac Street Charlotte NC 28208 Prospective 104 Third Ward - Lakewood NWC South Cedar Street & 130 West Morehead Charlotte NC 28208 Prospective 212 Third Ward - Lakewood West Morehead Street 131 2715 North Davidson Street 2715 North Davidson Street Charlotte NC 28205 Prospective 147 Tryon Hills 132 Alta Filament 520 East 22nd Street Charlotte NC 28206 Prospective 352 Tryon Hills 133 Camp North End 1824 Statesville Avenue Charlotte NC 28206 Prospective 202 Tryon Hills 134 Craighead NoDa East Craighead Road & Philemon Avenue Charlotte NC 28206 Prospective 300 Tryon Hills 135 Fountains NoDa 511 East 25th Street Charlotte NC 28205 Prospective 330 Tryon Hills 136 Greenway District Clemson Ave & Matheson Ave Charlotte NC 28205 Prospective 255 Tryon Hills 137 NoDa Redevelopment 2226 North Davidson Street Charlotte NC 28205 Prospective 100 Tryon Hills 138 North Brevard Street 2008 North Brevard Street Charlotte NC 28206 Prospective 323 Tryon Hills 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 Tryon Hills 311 West 25th Street Charlotte NC 28206 Prospective 295 Tryon Hills 140 Wadsworth Place 200 Wadsworth Place Charlotte NC 28206 Prospective 350 Tryon Hills 141 West 25th Street & North Pine Street West 25th Street & North Pine Street Charlotte NC 28206 Prospective 343 Tryon Hills 142 Yards at NoDa Phase II 703 Rollerton Road Charlotte NC 28205 Prospective 160 Tryon Hills 143 AAA Carolinas 6601 Executive Circle Charlotte NC 28212 Prospective 158 Eastland - Windsor Park 144 Eastland Mall Redevelopment Central Avenue & North Sharon Amity Road Charlotte NC 28205 Prospective 400 Eastland - Windsor Park 145 Wallace Lane Townhouses East Independence Blvd & Wallace Lane Charlotte NC 28212 Prospective 119 Coventry Woods - East Forest 146 Wallace Road 7426 Wallace Road Charlotte NC 28212 Prospective 90 Coventry Woods - East Forest 147 2802 Coltsgate Road 2802 Coltsgate Road Charlotte NC 28211 Prospective 240 Foxcroft Carmel on Providence 148 NWC Fairview Road & Providence Road Charlotte NC 28211 Prospective 195 Foxcroft Redevelopment 149 Colony Redevelopment Phase II 3701 Roxborough Pkwy Charlotte NC 28211 Prospective 650 Foxcroft 150 Fairview Road 6310 Fairview Road Charlotte NC 28210 Prospective 325 Foxcroft 151 Drexel Place 1351 East Woodlawn Road Charlotte NC 28209 Prospective 265 Colonial Village - Montclaire 152 Seneca Woods Redevelopment 1509 Seneca Place Charlotte NC 28209 Prospective 205 Colonial Village - Montclaire 153 South Village Reynolds Drive & Scaleybark Road Charlotte NC 28209 Prospective 82 Colonial Village - Montclaire 154 Southend Walk 150 Orchard Circle Charlotte NC 28217 Prospective 94 Colonial Village - Montclaire 155 Two Montford Park 4701 Hedgemore Drive Charlotte NC 28209 Prospective 300 Colonial Village - Montclaire 156 The Walden 1700 Abbey Place Charlotte NC 28209 Prospective 130 Colonial Village - Montclaire 157 2213 Toomey Avenue 2213 Toomey Avenue Charlotte NC 28203 Prospective 325 Southside Park - West Blvd 158 Dunavant and Distribution 398 Dunavant Street Charlotte NC 28203 Prospective 400 Southside Park - West Blvd 159 West Boulevard Old Steele Creek Road & West Blvd Charlotte NC 28208 Prospective 160 Southside Park - West Blvd 160 Freedom Flats 4931 Freedom Drive Charlotte NC 28208 Prospective 220 Northwest Charlotte 161 Mount Holly Road Mt. Holly Road & Sonoma Valley Drive Charlotte NC 28214 Prospective 70 Northwest Charlotte 162 Whitewater Point 2408 Belmeade Drive Charlotte NC 28214 Prospective 165 Northwest Charlotte 163 11010 Alexandriana Road 11010 Alexandriana Road Huntersville NC 28078 Prospective 312 Wedgewood 164 6428 Beatties Ford Road 6428 Beatties Ford Road Charlotte NC 28216 Prospective 128 Wedgewood 165 Garron Point Garron Point Drive & Larne Town Court Charlotte NC 28214 Prospective 240 Wedgewood 166 Northlake Centre Parkway Calhoun Street & Northlake Centre Pkwy Charlotte NC 28216 Prospective 78 Wedgewood 167 Northpark Blvd & Reames Road Northpark Blvd & Reames Road Charlotte NC 28216 Prospective 72 Wedgewood 168 Wren Northlake by Cortland Phase II 8524 Mason Andrew Way Charlotte NC 28216 Prospective 300 Wedgewood 169 7001 West Sugar Creek Townhomes 7001 West Sugar Creek Road Charlotte NC 28269 Prospective 75 North Charlotte 170 The Addison One15 West W.T. Harris Blvd & Old Statesville Road Charlotte NC 28269 Prospective 271 North Charlotte 171 Ardmore at Bryton 12450 Bryton Ridge Pkwy Huntersville NC 28078 Prospective 288 North Charlotte 172 Cannon and Oneida 1515 Cannon Avenue Charlotte NC 28269 Prospective 525 North Charlotte 173 Christenbury Commons 9620 Christenbury Pkwy Concord NC 28027 Prospective 170 North Charlotte 174 Dillon Lake 2801 Oakwood Drive Charlotte NC 28269 Prospective 240 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
175 Huntersville Town Center 109 Gilead Road Huntersville NC 28078 Prospective 140 North Charlotte 176 Prosperity Church Road Old Ridge Road & Prosperity Church Road Charlotte NC 28269 Prospective 79 North Charlotte 177 Prosperity Village 4840 Prosperity Church Road Charlotte NC 28269 Prospective 300 North Charlotte 178 Ridge Road Highland Park Drive & Ridge Road Charlotte NC 28269 Prospective 105 North Charlotte 179 Summer Creek Lane Benfield Road & Summer Creek Lane Charlotte NC 28269 Prospective 84 North Charlotte 180 Taylor Farms by Watermark SEC Mallard Creek Road & Ridge Road Charlotte NC 28269 Prospective 276 North Charlotte 181 Vermillion Front Huntersville - Concord Road & Warfield Avenue Huntersville NC 28078 Prospective 99 North Charlotte 182 Wayford 5433 IBM Drive Charlotte NC 28262 Prospective 300 North Charlotte West Mallard Creek Church Road & NWC Interstate 85 & West Mallard 183 Charlotte NC 28262 Prospective 395 North Charlotte Interstate 85 Creek Church 184 7101 McFarlane Blvd 7101 MacFarlane Blvd Charlotte NC 28262 Prospective 50 UNC at Charlotte 185 7600 University 7600 University City Blvd Charlotte NC 28213 Prospective 390 UNC at Charlotte 186 Hampton Church Hampton Church Road & North Tryon Street Charlotte NC 28262 Prospective 200 UNC at Charlotte 187 Nexus 485 1931 Salome Church Road Charlotte NC 28262 Prospective 228 UNC at Charlotte 188 Trevi Village 12300 US Route 29 Charlotte NC 28262 Prospective 240 UNC at Charlotte 189 UNCC Heritage Sir Anthony Drive & US 29 Access Charlotte NC 28262 Prospective 194 UNC at Charlotte Cambridge Commons Drive & 190 Cambridge Commons Drive & Sam Dee Road Charlotte NC 28215 Prospective 300 Hidden Valley - Oak Forest Sam Dee Road 191 Citiside Seniors NEC Eaves Lane & Plaza Walk Drive Charlotte NC 28215 Prospective 70 Hidden Valley - Oak Forest 192 Fairview Lodge McDaniel Lane & Old Concord Road Charlotte NC 28213 Prospective 117 Hidden Valley - Oak Forest 193 Sugar Creek and Munsee 724 West Sugar Creek Road Charlotte NC 28213 Prospective 50 Hidden Valley - Oak Forest 194 Sugar Creek Station 601 East Sugar Creek Road Charlotte NC 28213 Prospective 400 Hidden Valley - Oak Forest 195 The Hub on Harris 7705 East W.T. Harris Blvd Charlotte NC 28227 Prospective 288 Becton Park - Marlwood 196 Marshall Hooks Idlewild Road & Marshall Hooks Road Matthews NC 28104 Prospective 105 Matthews 197 Quail Hollow Village SEC Gleneagles Road & Park Road Charlotte NC 28210 Prospective 290 Pineville 198 Retreat at McAlpine Creek Renovation 6800 Fishers Farm Lane Charlotte NC 28277 Prospective 400 Pineville 199 Hamilton Road 12701 Hamilton Road Charlotte NC 28273 Prospective 206 Southwest Charlotte 200 Shopton Road West 15839 Shopton Road West Charlotte NC 28278 Prospective 240 Southwest Charlotte 201 South Tryon Street John Price Road & South Tryon Street Charlotte NC 28273 Prospective 231 Southwest Charlotte 202 Springs at Steele Creek 12100 South Tryon Street Charlotte NC 28273 Prospective 272 Southwest Charlotte 203 Steele Creek Interstate 485 & West Arrowood Road Charlotte NC 28217 Prospective 270 Southwest Charlotte 204 Sweetgrass at Steele Creek Shopton Road West & Steele Creek Road Charlotte NC 28278 Prospective 230 Southwest Charlotte 205 The River District Dixie River Road & Interstate 485 Charlotte NC 28278 Prospective 300 Belmont 206 South Fork Senior Community Armstrong Ford Road & Eastwood Drive Belmont NC 28012 Prospective 809 Belmont 207 Elm Street 725 Elm Avenue Mount Holly NC 28120 Prospective 100 Mt. Holly 208 Sam Furr Road Senior 8521 Sam Furr Road Huntersville NC 28078 Prospective 78 Huntersville 209 Sefton Park Emporia Street & Sefton Park Road Cornelius NC 28031 Prospective 344 Huntersville 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
210 Argento at Kellswater 5010 Rogers Lake Road Kannapolis NC 28081 Prospective 270 Kannapolis 211 Coldwater Ridge Phase II 2375 Coldwater Ridge Drive Kannapolis NC 28083 Prospective 72 Kannapolis 212 Emerson Hills 320 North Avenue Kannapolis NC 28083 Prospective 216 Kannapolis 213 Trinity Church Road 1750 Trinity Church Road Concord NC 28027 Prospective 114 Kannapolis 214 3575 Jacobs Crossing Blvd 3575 Jacobs Crossing Blvd Concord NC 28027 Prospective 128 Concord - West 215 The Addison Eighty50 8255 Old Holland Road Concord NC 28262 Prospective 339 Concord - West 216 The Cascades George W Liles Pkwy & Roberta Church Road Concord NC 28027 Prospective 104 Concord - West 217 Copperfield Sycamore Ridge Road NE & Vinehaven Drive NE Concord NC 28025 Prospective 216 Concord - East 218 Indian Trail Senior Old Monroe Road & Waxhaw Indian Trail Road Indian Trail NC 28079 Prospective 119 Monroe 219 Town Centre 100 Plyler Road Indian Trail NC 28079 Prospective 348 Monroe 220 Union Park Townes 2025 Stallings Road Stallings NC 28104 Prospective 220 Monroe 221 Willows at Stallings Idlewild Road & Stevens Mill Road Stallings NC 28104 Prospective 345 Monroe 222 Elm Lane Townhomes 11724 Elm Lane Charlotte NC 28277 Prospective 61 Ballantyne - Providence 223 Novel Ballantyne Johnston Road & Marvin Road Charlotte NC 28277 Prospective 455 Ballantyne - Providence 224 The Heritage Towers 375 Star Light Drive Fort Mill SC 29715 Prospective 200 Fort Mill 225 Southbridge 2280 Deerfield Drive Fort Mill SC 29715 Prospective 600 Fort Mill 226 Vintage Fort Mill 2116 Pleasant Road Fort Mill SC 29715 Prospective 216 Fort Mill 227 The Arbors at Manchester Village 7 Oaks Blvd & Springsteen Road Rock Hill SC 29730 Prospective 220 Rock Hill - East 228 Johnston Farms South Anderson Road & Princeton Road Rock Hill SC 29730 Prospective 120 Rock Hill - East 229 Knowledge Park Senior NEC West White Street & Stewart Avenue Rock Hill SC 29730 Prospective 93 Rock Hill - East 230 Three Points on Saluda South Heckle Blvd & Saluda Street Rock Hill SC 29730 Prospective 144 Rock Hill - East 231 250 Miller Pond Road 250 Miller Pond Road Rock Hill SC 29732 Prospective 264 Rock Hill - West 232 Marvell 2114 Riverchase Blvd Rock Hill SC 29732 Prospective 200 Rock Hill - West 233 Catawba Creek Villas 100 Gaston Day School Road Gastonia NC 28056 Prospective 84 Gastonia - South 234 Ethan's Pointe Homes 1200 Redbud Drive Gastonia NC 28054 Prospective 322 Gastonia - South 235 New Hope Road 2869 South New Hope Road Gastonia NC 28056 Prospective 230 Gastonia - South 236 Oaken Trails 1580 Bradford Heights Road Gastonia NC 28054 Prospective 56 Gastonia - South 237 Wilson 616 South New Hope Road Gastonia NC 28054 Prospective 616 Gastonia - South 238 301-303 South Spargo Street 303 South Spargo Street Dallas NC 28034 Prospective 50 Gastonia - North 239 Northglenn Interstate 85 & North Chester Street Gastonia NC 28052 Prospective 320 Gastonia - North Hickory Ridge Road & 240 Hickory Ridge Road & Rocky River Road Harrisburg NC 28075 Prospective 55 Outlying Cabarrus County Rocky River Road 241 Bellewood 2880 Bessemer City Road Bessemer City NC 28016 Prospective 96 Outlying Gaston County 242 Alcove Road NWC Alcove Road & Wades Way Davidson NC 28117 Prospective 388 Mooresville 243 Sycamore at Mooresville River Hwy & Water Oak Drive Mooresville NC 28117 Prospective 275 Mooresville 244 CrossRidge Center Dobys Bridge Road & US Route 521 Fort Mill SC 29707 Prospective 100 Lancaster County 245 Rivercross 1304 State Road 1387 Denver NC 28037 Prospective 240 Lincoln County 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
246 Kannapolis Stadium 2888 Moose Road Kannapolis NC 28083 Prospective 270 Rowan County 247 Rowan Woodland 2700 Statesville Blvd Salisbury NC 28147 Prospective 240 Rowan County 248 Westbrook Trace 500 Lash Drive Salisbury NC 28147 Prospective 84 Rowan County 249 Brooklyn Village South McDowell Street & East Stonewall Street Charlotte NC 28204 Prospective 1,177 Second Ward 250 Centre South Phase II Euclid Avenue & Templeton Avenue Charlotte NC 28203 Prospective 565 Third Ward - Lakewood 251 Callahan & Spring Callahan Street & Spring Street Charlotte NC 28206 Prospective 250 Tryon Hills 252 New Brookhill Remount Road & South Tryon Street Charlotte NC 28203 Prospective 324 Southside Park - West Blvd 253 River District 8300 Dixie River Road Charlotte NC 28278 Prospective 124 Belmont Total Prospective 32,625
TOTAL CHARLOTTE 62,432 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: December 2020