JV Building 382 Apartment Units in Charlotte’s Innovation District

GMH Communities (GMH), in partnership with AEW Capital Management (AEW), completed land acquisition for the development of a 20-story, 382-unit luxury residential mixed-use tower, ANOVA The Pearl, located within The Pearl innovation district in Charlotte, North Carolina. The property is anticipated to open for occupancy in Summer 2028. 

Located at the intersection of South McDowell Street and Pearl Park Way, ANOVA The Pearl will encompass 1.3 acres within The Pearl and feature luxury residential accommodations, along with 6,621 square feet of ground-floor retail space. Of the 382 units, 5% will be reserved for affordable housing. Residents will have access to an extensive amenity package, including a fitness center, clubhouse, golf simulator and wellness-focused sauna and cryotherapy chambers.

On its website, AEW says it has over 800 clients globally, with $85.5 billion in assets under management across all property types in North America, Europe, and Asia-Pacific.