Ohio-based NRP Group is about to start construction on a 298-unit apartment complex on Morehead Street at Church Street. The five-story complex, called the Quarters at Morehead, will be located on a 2.4 acre tract bounded by Morehead, Church and Winnifred streets and Carson Boulevard. NRP closed on the property Tuesday. "We're so ready to start," NRP's Mark Tipton said. "If I could get out there tonight with a hammer I would."
He said the new apartments will be aimed at the growing cadre of young professionals working uptown, but added that he imagines professionals of all ages will like its proximity to major employers such as Duke Energy and the fact that Bank of America Stadium is just down the hill and around the corner. The complex will have one-and two-bedroom units, and also will feature some townhouse units and units with two-story mezzanines. Tipton said workers should be on the site within a week starting the project, with an eye on finishing it next spring.
It will be the latest in a rush of new apartments sprouting in and around uptown Charlotte. Some analysts say Charlotte could find itself with an over-supply of apartments this year, but Tipton, like others developing the newest apartment complexes, doesn't sound worried. "Multi-family living has come of age. People want to be close to their work and don't want to drive," he said.
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11 comments:
Just what we need. Another 298-story apartment complex in Charlotte. Don't we have enough tall buildings downtown already?
@7:52 - I know, those God awful buildings everywhere. I mean seriously, you'd think Charlotte was a growing city or something. SMH.
"298-story", would that not make this complex the tallest building in the world? That's really tall...
I'm sure it's 298-units and not 298 stories tall!
Morons
Look for Bank of America to announce a new 300-story tower this afternoon.
Thank you all for pointing out the error ... yes, indeed, it's 298-units.
I bet these were similar to the complaints heard 10+ years ago when the area tried to prepare for the mass influx of people to NC. And those same people were likely the first to complain about the congestion due to the lack of preparation, resulting from all that complaining. Shut up.
nice apartment looks very amazing location
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No u do not have enough tall buildings uptown buildings got to be least 400 feet in height to be a skyscraper
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