Wednesday, January 21, 2015

One Solis, two Solis, three Solis, four: New apartments approved

Charlotte will soon get its fourth Solis-branded upscale apartment complex, with the approval Tuesday night of a rezoning request from developer Terwilliger Pappas.

The newest complex, Solis Ballantyne, will total 194 units at the corner of North Community House and Bryant Farms roads, along with 15,000 square feet of retail. This complex will join Solis Dilworth (corner of Kenilworth and Morehead streets), Solis Waverly (Providence Road south of I-485), and Solis Sharon Square (SouthPark, next to Whole Foods).

In all, Charlotte will soon have about 1,000 Solis units.This is in line with other upscale apartment developments being built this year around Charlotte, such as The Fountains (complexes in Matthews and Uptown) and Crescent (SouthPark and Dilworth).

City Council also approved a rezoning petition from developer Spectrum Properties that would allow the company to tear down a 48-year-old apartment complex on Abbey Place, just south of Park and Woodlawn roads. The current complex is 128 units; Spectrum plans to build 265 upscale apartments on the 9-acre site.

Council member John Autry, a Democrat, said the plan to tear down the less expensive existing units and build new apartments spotlights the issue of affordable housing. The new units will be 1- and 2-bedroom apartments renting for $1,100 to $1,300 a month.

"It puts a magnifier and a hot light on the disparities we have in this community," said Autry, who voted for the petition. Council approved Spectrum's request unanimously.


James Edgar said...

So Autry is concerned that the only apartments being built in this town are apartments you have to make $80k a year to afford, and those that aren't that wealthy are being ignored, and yet he rubber-stamps everything developers throw at the council. Can't threaten that developer cash for the re-election campaign!