Charlotte New Construction & Proposed Multifamily Projects 4Q20
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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