280-Unit Luxury Apartment Complex Breaks Ground
- Sep 28, 2012
A mixed-use luxury apartment complex near Charlotte’s uptown area has recently begun construction. According to a press release, the five-story complex—named Gateway West Apartments—will feature two levels of parking and 8,000 square feet of retail space, atop which 280 luxury apartment units are to be built.
The complex, which is to be constructed on 2.8 acres in the vicinity of Johnson & Wales University, will feature luxury amenities such as a private courtyard, a clubhouse with a demonstration kitchen and an elevated heated pool offering unobstructed views of Uptown Charlotte. The woodframe building was designed by Charlotte-based Urbana Architecture with additional input provided by Saber Engineering, Trilium Structures and Landworks.
According to Christopher Herman, the regional multifamily leader for the project’s general contractor, Balfour Beatty Construction, Gateway West Apartments will be “a great asset to the city of Charlotte and the Gateway community.”
“We’ve worked hand-in hand with the neighbors to ensure that everything from construction logistics to the design elements fit within the context of the neighborhood,” Herman added.
It is expected that the community’s amenities and its close proximity to the city’s uptown area will make it especially appealing to young professionals. Chris Branch, senior managing director for multifamily for Faison, has said that the complex was designed in a way in which tenants can fully appreciate the lavish views of uptown Charlotte, adding that “Gateway West will set a new standard for uptown living.”
The Charlotte-based, privately-owned Faison and Charlotte-based commercial real estate investment firm Sereo Group Inc. are the project’s developers, while PNC Bank is the lender.
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Photo credit: Faison
Chart courtesy of Marcus & Millichap