Condominiums/TownHomes

Walnut Hill, 40 units, Wesley Heights, Charlotte NC

City Leaders were quoted in a Charlotte Observer exposé as believing that Walnut Hill would become the long awaited catalyst for this underdeveloped section of Wesley Heights, a community that has the National Register and Charlotte Mecklenburg Historic District designations. Its location within two blocks of Johnson and Wales University and the Bank of America Gateway complex in Third Ward, held great promise. However, this optimism was tempered by several previously proposed area developments that failed due to unfavorable area conditions. Despite this temporary set-back, all units were sold within an 18 month period.

Summit Greenway, 16 units, Wesley Heights, Charlotte NC

Located along the Mecklenburg County Greenway, a 30-year Mecklenburg County government land acquisition and development effort that promotes outdoor recreation and activity along 200 + miles of lineal parks, Summit Greenway is the only urban residential project along the Greenway.

 

Summit Greenway was designed in a “craftsman revival” style consistent with this community of predominately single family homes. In addition to compliance with home design standards, the site plan was also influenced by features of the existing neighborhood.

The Grandin, 14 units, Wesley Heights, Charlotte NC

Much like Summit Greenway, the curb appeal and overall presence of these arts and craftsman-styled condominiums is consistent with neighboring two-story homes. Many real estate experts considered The Grandin as the key catalyst of this rapidly gentrifying area where home values more than doubled since its introduction in the early 2000’s.  This project was the first new construction of significant scale to transpire.

Plaza-Vu – 12 units, Plaza-Midwood, Charlotte NC

Situated in the Plaza-Midwood (Commonwealth) community of east Charlotte, this project differentiates from other TDC condominium projects because of its industrial design, which is a common characteristic of this eclectic community.

 

The site is located in the PEDSCAPE zoning district which promotes high density and pedestrian-oriented development. Adjacent to the Harris Teeter grocery store, the development is within two blocks of a diverse collection of more than 30 restaurants, shops, bakeries and a drug store. Its location on area transit system routes also makes it convenient to Charlotte’s Center City.

 

Virtually no new construction had occurred in this section of Plaza Midwood since the 1940s until the late 2000’s. Bordered by Independence, Central Avenue and the Chantilly community, this area had been overlooked partially due to the presence of the massive, poorly maintained Morningside apartment complex, which was demolished in 2007. Plaza-Vu is  a part of the exciting transformation of this new urbanism community.

 

The effective execution of any opportunity requires a thorough understanding of a client’s objectives and a deep knowledge of ever-changing market conditions. Contact us today!

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About Us

The Drakeford Company focuses on the development or land brokerage of infill sites that enhance the environment of existing neighborhoods in the Carolinas.

Contact Us

Address: 1914 Brunswick Ave. Suite 1-A

Charlotte, NC 28207

Phone: 704 344 0332 Fax: 704 344 9992

Email: develop@tdcrealestate.com

 

 

 

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