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National  + North Carolina  + Apartments  |  June 25, 2019
David Cohen
By: David Cohen

354-Unit Charlotte MF Development to Break Ground in July

Developer Northwood Ravin plans to break ground on 500 West Trade, a 354-unit multifamily development in Charlotte, NC. The planned 15-story project will include 8,500 square feet of retail space, as well as a 3,600-square-foot pedestrian courtyard.  Groundbreaking is scheduled for July.

Amenities at the community will include a rooftop lounge and outdoor kitchen, dog spa, two swimming pools and a fitness mezzanine overlooking the city, as well as a theatre room, lounge space and a game room.

Construction financing for the project is being provided by Northwestern Mutual. Northwood Ravin is serving as developer and general contractor. Once leasing begins, the company will also serve as the residential property manager. The first units are slated to open in 2021.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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