Luxury apartments planned near Savona Mill site in west Charlotte

Texas developer Kairoi Residential is gearing up for its next Charlotte project, a multifamily community on the city’s west side.

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Kairoi, based in San Antonio, filed a petition with the city of Charlotte on Jan. 2 to rezone 6 acres at 650 State St. from industrial to mixed-use development. Tyler Sibley, Kairoi principal of development, said the project will be about 500,000 square feet with 450 luxury apartments and will include a sky pool and amenity package.

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