One of the best parts of any college town is right around the University. Charlotte is no exception. This fast growing area is a great place to land and has many different types of housing to meet the needs of anyone who wants to live close to UNCC. This can range from students to professors to University staff, to graduates, to family supporting students and many more. There are single family homes, condominiums, apartments, and duplexes perfect for any situation.
The Lynx Blue Line opened last year and has connected UNCC to Uptown Charlotte in a way it never was before. This is great for students being connected to internships, museums, concert venues, nightlife, restaurants and everything else Uptown has to offer. It also connects people living further away, even from south Charlotte without having to sit in traffic. There are many additional proposed lines, but it will take a while for them all to come to fruition. These additional lines will further connect the city and make a home in the University area an even better investment.
The area around the University, dubbed University Research Park, is just 10 miles from uptown Charlotte. It has been growing in recent years and now employs around 30,000 employees, making it the second largest employment center in the region. That means that development has had to keep pace to support the workforce. With that in mind, here are some of the newest projects on the horizon.
Work has begun on a new and exciting project in the University area, a transit-oriented development at the University City Station for the Lynx Blue Line. Panorama Holdings is responsible for developing this project that will bring studio, one-, two-, and three-bedroom apartments to a 309-unit complex. Dubbed Lumeo Apartments, they will be great for students or for anyone relocating to the area as they work on a home search. The first units should be available in 2020 and will rant in the $1,050 to $2,500 per month range. The apartments will feature resort-style amenities including salt water pool, fitness center, and walking trail.
The wave of development around the new light rail extension also includes many other new projects that are either completed, or in progress.
Another project is underway on 16 acres near University Research Park by a Florida-based real estate company. This one is going to have a residential component that is yet to be revealed in addition to a hotel, retail, and outdoor dining.
EB Arrow, another developer is working on a project near J.W. Clay Boulevard Station. They are planning a waterfront development with offices, retail, and apartments. Also nearby are Alexander Village and Novel Research Park which will bring more apartment units to the area.
Builder Mattamy Homes is working on a new neighborhood called Aria at the Park. This development will bring three story townhomes with 3 or 4 bedrooms and 2-4 bathrooms. Pricing is coming soon and the project will open for sale early in 2020.
These are just a few of the projects that are in the works for the University area. It is a great spot with 12 miles of greenway, PNC Music Pavilion, IKEA, countless sporting events, delicious restaurants, and much more.