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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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About Dennis Kaiser

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 including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.