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| Steven Shores |
ATLANTA, GA – Multifamily developer and investment firm Pollack
Shores Real Estate Group announced it has closed on the land purchase for a
350-unit apartment community near Charlotte Premium Outlets in Charlotte, North
Carolina.
Located
near Dixie River Road and Shopton Road, the project will break ground in May
and expand Pollack Shores’ footprint in metro Charlotte to more than 1,200
units after the firm entered the market less than five years ago.
The new community reflects the firm’s strategy to bolster
its presence in growing suburban markets throughout the Sun Belt.
Situated
within the fast-growing Steele Creek submarket, the project will serve the
second largest employment base in Mecklenburg County, which includes the area’s
largest employer, Charlotte-Douglas International Airport.
Other
top employers in the area include Time Warner Cable, Compass Group, Siemens,
Frito-Lay and Microsoft. Approximately 80,000 jobs are located within 5 miles
of the development.
“A booming employment market and walkable retail make this
the ideal environment for a Class A apartment community,” said Steven Shores,
President and CEO of Pollack Shores.
 |
| Palmer McArthur |
The
apartment community is within a ten-minute walk of Berewick Town Center and is
also close to I-485. In addition, residents will be able to enjoy a variety of
high-end retailers and restaurants found at Berewick Town Center, including
Harris Teeter, Enrico’s Italian Restaurant, Clean Juice and Turn & Burn
Fitness.
“This community is poised to capitalize on the tremendous growth
happening in Southwest Charlotte,” said Palmer McArthur, Vice President
of Development at Pollack Shores and Charlotte native.
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| Rendering of Steele Creek Apartments to be located near Dixie River Road and Shopton Road, Metro Charlotte, NC 4-28-19 |
Contact:
Nick Banaszak
The Wilbert Group
256-457-5384 (C)
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