Greystar and White Level Shut on Website of Future 324-Unit Excessive Rise Residence Constructing in Charlotte’s Premier South Finish Neighborhood

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Greystar and White Point Close on Site of Future 324-Unit High Rise Apartment Building in Charlotte's Premier South End Neighborhood

CHARLOTTE, NC – Greystar, working with White Point, recently closed on 1714 South Boulevard in Charlotte's South End neighborhood. The property is the future location of a 24-storey building with 324 residential units and around 15,000 square meters of retail space on the ground floor.

“The South End has become one of the premier neighborhoods in the Southeast,” said Josh Glover, senior director of development. "We have seen the South End district mature for several years, and with the boom in office construction, employment growth and quality dining options, we believe there is an unmet need for high-rise apartment buildings in the area."

The high-rise community will have a variety of floor plans, from micro-units to three-bedroom. Units will have high-end finishes including bespoke cabinets, raised equipment and furnishings packages, and custom details in all units. In addition, the building will have over 20,000 square feet of floor space for residents to work, relax, exercise, or enjoy the Charlotte skyline from the rooftop.

The building will have a charging function for electric vehicles and will be easily walkable with access to public transport. Greystar focuses on minimizing on-site waste and maximizing the quality of the environment indoors through the use of smart thermostats, lighting control strategies and safe materials.

The neighborhood's past as a warehouse district will be at the forefront of the designer's vision, with brickwork and oversized windows that nod to the past yet offer a unique glimpse into the future of the South End.

The proposed high-rise is adjacent to Dilworth Artisan Station, an adaptive reuse project by White Point. Greystar and White Point worked closely in developing the residential project and are working to ensure that the residential project and Dilworth Artisan Station are tightly integrated to create a truly unique location in the heart of the South End.

"The pieces come together to create the most desirable mixed-use property on the best block in the South End. We are excited to be working with Greystar to add a high-rise luxury apartment to that corner," said Jay Levell, Co-Founder of White Point.

"We are excited to partner with White Point on this transformative redevelopment project and to work closely with them to bring new life to this important part of the South End," said Glover.

Greystar is working on a number of other projects in Charlotte, including a Lower South End ("LoSo") project, a large two-phase project in University City, and a project in Indian Trail.

White Point has more than $ 800 million in mixed-use projects in Charlotte, Charleston and Raleigh / Research Triangle Park under planning or development.

The start of construction of the building is planned for December 2021, the opening date is January 2024.

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