Builders are planning to construct lots of of townhouses all through Charlotte even because the housing market stays tight, just lately filed rezoning plans present.
Dwelling costs are rising quickly throughout Charlotte, within the face of robust demand and low provide.
The Charlotte Regional Realtor Affiliation stated final month that costs in February rose 13 % in comparison with the identical time a yr in the past. And there is lower than two months of provide in the marketplace in Charlotte, in comparison with the six months that is thought-about regular.
Charlotte Metropolis Council will maintain hearings on these rezoning plans within the coming months and vote afterward.
Here is a take a look at the most recent plans for townhouses in Charlotte, which present builders wish to add density in several elements of town:
- WAE Land, Inc., filed plans to construct 75 townhouses at 7001 West Sugar Creek Highway. That is simply north of West W.T. Harris Boulevard. The practically 10-acre web site is generally vacant and wooded, occupied by a single-family home.
- On Steele Creek Highway, adjoining to Southwest Center Faculty, Fiorenza Properties is planning to construct 83 townhouses on a largely vacant web site, in line with a rezoning plan. The 12.5-acre web site is basically wooded.
- Off Windfall Highway, Land Funding Assets filed plans to construct 64 townhouses. The location on Elm Lane is south of Ballantyne Commons Parkway. It is owned by Covenant Baptist Church, and occupied by the Residing Hope at Ballantyne Church. A web site plan exhibits the townhouses can be constructed on wooded land behind the church, with a personal avenue working previous the church to Elm Lane.