Wednesday, May 14, 2014

More urban apartments breaking ground beside Veterans Park

I'm starting to feel a bit like a broken record with the flood of new apartment communities cranking up these days, but here comes another one. Northwood Ravin LLC, which oversees the VUE and Catalyst apartment towers uptown, has broken ground for a $50 million, 403-unit project that will overlook Veterans Park, in the Commonwealth neighborhood. This one comes with a bit of a twist from the many other urban multifamily complexes going up. It's designed to be less dense, with 384 flats spread across a variety of two-, three- and four-story buildings. The 21-acre project will also include 17 two- and three-bedroom townhouse apartments and two for-sale single-family homes.



Morningside Village, as it's being called, will sit about a four-block walk along McClintock Road from the Harris Teeter at The Plaza and Central Avenue. It will include more green space than typical infill projects, the developers say. It will have inner courtyards, private gardens, dog parks, and even garden plots for residents. In a press release, David Ravin, president of Northwood Ravin, called the project "part of the next generation of apartment homes that will bring all the modern amenities in a convenient, urban location but will provide more living space within each apartment and the community as a whole."

The first of the apartments are expected to be completed in early spring of 2015.

3 comments:

Anonymous said...

How affordable will they be? There is a shortage of rental properties in Charlotte

James Edgar said...

"I'm starting to feel a bit like a broken record with the flood of new apartment communities cranking up these days, but here comes another one."

You forgot one important line in your broken record: "The developer says the units will rent for $2,000-$5,000 per month."

At least that's what pretty much every other announced apartment complex has said the units will rent for.

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