Charlotte area’s pipeline of residential real estate projects includes several facing opposition

Charlotte Business Journal
·2 min read

Several developments included in CBJ’s most recent roundup of Charlotte-area residential projects have struck a nerve with neighbors.

Among those is an $800 million development in Huntersville called Lagoona Bay Beach Club, which would add high-end housing in north Mecklenburg County — along with a 10-acre lagoon and surrounding commercial village, if its rezoning is approved. That project, opposed by neighbors who’ve cited traffic and housing affordability as concerns, is scheduled for its first public hearing with town commissioners on June 5.

Another contested project in the Charlotte region earmarked for residential use cleared the rezoning process last month. LIV Development won approval to rezone a nearly 97-acre site off Transco Road on Lake Norman for as many as 569 residential units. Traffic and infrastructure were among chief concerns cited by town commissioners who voted against the rezoning.

ALSO READ: Development pipeline for uptown, South End in 2023 said to hit $7 billion

Closer to town, SunCap Property Group’s plans in Dilworth to develop up to 300 multifamily units, ground-floor retail and office space at East Boulevard and Scott Avenue also faced pushback from neighbors but was ultimately approved.

In other residential news, a couple of projects planned in center city Charlotte appear to be picking up momentum. Seventh and Tryon, which will include market-rate apartments mixed with a range of other uses such as a new Main Library and office tower, should see demolition work begin this summer and new construction starting in January. And Southern Land Co. applied for a building permit in April to redevelop the Tyber Creek site in South End into a mixed-use, high-rise building with about 300 luxury apartments.

CBJ’s latest real estate roundup takes a closer look at the latest residential developments that are planned or underway across the Charlotte area. Check it out here.

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