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| The Yards at No Da rendering Charlotte, NC |
CHARLOTTE, NC -- Gvest Partners plans to build a brand new
340-unit apartment community in the heart of Charlotte N.C.’s historic arts
district. Construction is expected to start soon on The Yards at NoDa, a
$37 million development in the NoDa district – home to the city’s most unique
galleries, restaurants, bars and performing spaces.
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| John Bell |
“We’re designing it to blend in with the spirit of the
neighborhood,” said John Bell, Managing Director of Gvest’s Multifamily
Group. “Noda is such a wonderful, walkable area – we’re working hard to make
sure The Yards reflects its personality and vitality.”
The new multifamily residences will be adjacent to the 36th
Street stop on the planned extension of the LYNX Blue Line.
The new leg of the light rail system, set for completion in
2017, will provide easy access between Uptown, Downtown and the nearby
University of North Carolina.
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| University of North Carolina campus Charlotte, NC |
The development will have studio, one, two and three bedroom
apartments. Amenities will include a resort-style pool, fitness center with the
latest equipment, business center, clubhouse, landscaped gardens and more. The
pet-friendly community will also have a dog park.
Gvest is providing the equity investment for the new
development. The firm acquired the land for the apartments in an all-cash
purchase last year. Wells Fargo bank provided construction financing.
For a complete copy of the company’s news release, please
contact:
Terri Thornton
.
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