Skip to main content

Current Asset

Charlotte OZ Development

Investment Profile

  • Intended to be mixed-use development highlighted by +/- 1,000 units of market rate mid-rise multifamily and other complimentary commercial uses
  • 10.1 acre fully entitled land under contract with flexible zoning in the NoDa submarket of Charlotte

Opportunity

  • Demand Driver – Multifamily market occupancy +/- 95% with market rent growth +/- 15% over the past 12 months
  • Prime Location – Proximate to the Sugar Creek light rail stop providing easy access to Uptown Charlotte and UNC Charlotte Campus
  • Project Status – Prior to acquisition, site demolition has been completed and other civil engineering / pre-development work will be underway