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Atlanta & Southeast   /   April 30, 2020

Dennis Kaiser
By: Dennis Kaiser

Akridge, Kettler Expand SE Footprint, Plan to Develop 400-Unit MF in Charlotte

Akridge has partnered with Kettler to purchase a 2.5-acre parcel of land at the corner of Dunavant and Distribution in Charlotte’s thriving South End. The site at 2306 Dunavant St. is envisioned for a 400-unit, 400,000-square-foot multifamily property.

The development team aspires to redefine Charlotte’s luxury multifamily standard by offering residents proximity to vibrant retail, restaurants, and grocery, with easy access to both the light rail and the Charlotte Rail Trail. Dunavant and Distribution will boast views of uptown, and is within a short distance of multiple major employers.

The property will feature a large central courtyard, well-appointed finishes, and a suite of luxury amenities. Akridge and Kettler anticipate delivering the community in the summer of 2023.

Cushman & Wakefield’s Rob Cochran, Jared Londry and Nolan Ashton represented the undisclosed seller. The acquisition marks the first multifamily project in North Carolina for Akridge.

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Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience.
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