Four major builders are set to start work on housing in the new Charlotte community this year.
CHARLOTTE, N.C. — Four builders have secured parcels of land in the long-awaited River District development in west Charlotte, developers announced on Monday.
The builders will bring 129 single-family homes and townhomes to the River District’s town center.
First proposed in 2016 and expected to rival the likes of Ballantyne, construction on the River District put the first shovel in the ground in 2023.
With home construction slated to start this month, the delivery of the first homes to the community are expected this spring.
The 1,400-acre project will include more than 2,300 single-family homes, 2,350 multifamily-residential apartments, and additional senior residential units, according to the Crescent Communities, the developer of the project.
The builders that closed on land include: David Weekley Homes, DRB Homes, Saussy Burbank and Toll Brothers.
This update brings the long-awaited mixed-use community closer to fruition.
The project will also include more than 5,000 homes and apartments including 8 million square feet of commercial space with availability for hotels; 40% of the River District will be open space offering the only city access to the Catawba River, which will be open to the public.
It will also include 30 miles of trails.
More than 500 apartments and 124 houses will be reserved for affordable housing in the community, according to Crescent Communities.
“The completion of these land closings brings us closer to delivering a variety of distinctive homes that reflect the unique character and values of The River District,” said Rainer Ficken, Senior Managing Director of The River District.
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