MOBILE, AL – Carter Multifamily announced its acquisition of Astoria Apartments, a 252-unit community on Grelot Road in Mobile, Alabama. Built in 2001 and spanning 293,892 rentable square feet, Astoria offers well-designed one, two, and three-bedroom apartment homes.
The property is located in the Mobile Bay region, an outstanding location for residents given its access to downtown Mobile, employment drivers, and quality retail. The region is Alabama’s second largest metro area and a strong manufacturing hub with close proximity to the Port of Mobile and excellent connectivity to large rail, water, and interstate transportation systems. According to RealPage, over the past five years, the Mobile/Daphne market has experienced rent growth, limited new supply, and a healthy average apartment occupancy of 95.5%.
“We’re excited to continue to grow our footprint in a market supported by high growth fundamentals, favorable renter demographics, and limited new supply. We believe that Mobile will continue to fuel demand growth for high-quality, affordable multifamily housing and that Astoria will be a valuable addition to our real estate portfolio,” said Ray Hutchinson, chief investment officer of Carter Multifamily.
Property amenities include: a saltwater swimming pool with an outdoor kitchen, resident lounge with billiards, foosball and a coffee bar, and a remodeled clubhouse and wellness center. Carter Multifamily intends to execute a value-add strategy which will include operational improvements, upgrades to community amenities, interior unit renovations, and exterior plant improvements.

NASHVILLE, TN – Global real estate investment firm Northwood Investors announced its acquisition of Fifth + Broadway, a newly developed 6.2-acre mixed-use, open-air center. The property was developed and operated by Brookfield Properties, which completed construction in 2021. Northwood has purchased the property in its entirety, including its retail district, 501 Commerce office tower and The Place esidences, from a subsidiary of Brookfield.
As Northwood expands its footprint in Nashville with this prized entertainment complex, it looks forward to furthering Brookfield’s vision for the center. Northwood is well-positioned to take the reins in managing the project with its vertically integrated platforms and experience with retail and mixed-use assets. Most of Fifth + Broadway’s management team have transitioned to Northwood and will continue in their existing roles, bringing their strong local experience and knowledge to the property.
Northwood is already deeply involved in the Nashville market; this latest acquisition marks the fifth asset the firm has invested in within the city. Other properties include The Conrad hotel, Capital View apartments, the McEwen Northside mixed-use center and Franklin Park office towers.
“We feel that Fifth + Broadway’s energy and integration in the heart of downtown is unparalleled,” said Managing Director of Northwood Investors Erin Cannata. “As a mixed-use asset, all its elements work together cohesively, and Brookfield has done a phenomenal job with its development. Our Northwood management team is excited to carry on the torch, engage with the city, and partner with tenants like The National Museum of African American Music, Alliance Bernstein, The Twelve Thirty Club, Assembly Food Hall and more.”
Centrally located within Nashville’s vibrant urban core, Fifth + Broadway is one of the largest single-phase mixed-use developments in the history of the city and the state of Tennessee. The revolutionary downtown project, which replaced the 6.2-acre Nashville Convention Center site, delivers 250,000 square feet of strategically selected retail and entertainment, the 56,000-square-foot National Museum for African American Music, 367,000 square feet of Class-A office space at 501 Commerce, 381 residential units at The Place at Fifth + Broadway and more than 2,000 parking spaces. The project, which sees nearly five million annual visitors, was built for a post-COVID-19 world with outdoor space, accessibility, safety and parking in mind.
“We feel Nashville is a high-growth market, and one that we have been watching since 2011,” said President of Northwood Retail Ward Kampf. “It’s an ‘it’ city for business and entertainment and Fifth + Broadway epitomizes Nashville– a world-class, generational asset that draws locals and tourists alike. We believe the attention to detail, aesthetics and connectivity are unmatched, making it a transformative catalyst for the fabric of lower Broadway.”
Northwood is committed to the city of Nashville, which it values for its diversified economy, one-of-a-kind cultural authenticity, attractive cost of living, and premier talent base, which has transformed the city into a 24/7 destination. The firm looks forward to collaborating with the city, its retail and office tenants, and the National Museum for African American Music as it evolves this asset, which is seamlessly integrated into the streetscape and cultural heart of Downtown Nashville.
“Fifth + Broadway is a thriving mixed-use complex, and we are very proud of its development and success as a major destination in and economic driver for Nashville,” said Burgin Dossett, vice president of development for Brookfield Properties. “While Brookfield has successfully recapitalized the asset in line with its overall investment strategy, we remain very interested in Nashville and excited about its future.”

ASHBURN, VA – TGM announced the acquisition of TGM Moorefield, a garden and mid-rise style community with 413 apartment units and 30,000 square feet of retail in the Moorefield Station neighborhood of Ashburn, VA.
The community is minutes from the newly opened Ashburn Silver Line Metro station connecting this transit-oriented location to Dulles Airport, Reston, Herndon, Tysons & the heart of Washington D.C.TGM Moorefield, located in Loudon County was completed in 2009 and is sited on approximately 15 acres just north of Loudon County Parkway with its leasing office and clubhouse at 22555 Leanne Terrace. The property is on the southwest side of the Dulles Greenway (Rt. 267) and is bordered to the northeast by Ashburn proper, to the northwest and west by Brambleton and to the south by Loudoun Valley Estates.
Ashburn boasts an excellent live-work-play location as evidenced by its 2021 ranking as No. 5 on Money Magazines 50 Best Places to Live in the United States. The area has extensive parks, biking and walking trails and access to numerous outdoor recreational activities. The Ashburn public school system is highly ranked and the property is within walking distance of Moorefield Station Elementary School. Employment opportunities are abundant within the proximate and expanding Dulles Technology Corridor and Data Center Alley. TGM Moorefield is also near the regions other major employment centers including Dulles Airport, Reston, Herndon, Tysons, and Fairfax.
The design, layout and construction of the apartments are excellent with studio, one- two- and three-bedroom apartments. TGM will be renovating all apartment interiors with new kitchen cabinets, countertops, appliances, flooring, lighting, and hardware fixtures. Bathrooms will be renovated to match the finishes of the kitchen. Community amenities include a swimming pool with sundeck, landscaped courtyard with grilling areas, dog park, 24-hour fitness center, yoga studio, entertainment and game room and an outdoor veranda with lounge seating.
“TGM Moorefield presents a great opportunity to continue TGM’s expansion in the Northern Virginia region. The community boasts an outstanding location in the Moorefield Station neighborhood minutes from the newly opened Ashburn Silver Line Metro station. Ashburn and Loudon County are some of the top-ranked business communities in the United States with some of the most educated labor pools. The area continues to attract residents who are drawn to the abundant lifestyle conveniences and the overall high quality of living, said Zach Goldman, Managing Principal and Chief Operating Officer for TGM.
TGM Moorefield is managed by TGMs’ property management company, TGM Communities. Also owned and managed by TGM in the Maryland/Northern Virginia region are TGM Bull Run (Manassas, VA), TGM Ridge (Manassas, VA), TGM Sudley Crossing (Manassas, VA), TGM Odenton (Odenton, MD), and TGM Creekside Village (Glen Burnie, MD).
TGM Moorefield was marketed by Walter Coker and Brian Crivella of Berkadia Real Estate Advisors.

CHICAGO, IL – JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Seasons at Romeoville, a 240-unit luxury apartment community in the Chicago suburb of Romeoville, from Fiduciary Real Estate Development, Inc. JVM will rename the apartment community to The Bluffs.
“We are thrilled to add another best-in-class investment opportunity to our growing portfolio,” said Jay Madary, president and CEO of JVM Realty Corp. “The combination of luxury, style and convenience this property provides, along with JVM’s award-winning management team delivering a superior resident experience, positions the property to perform at a high level for years to come.”
Located at 501 S. Weber Road in the family-friendly village of Romeoville, The Bluffs was built in 2021 and offers layouts ranging from junior one-bedrooms to three-bedroom, two-bathroom apartment homes. Residents enjoy spacious units with private direct entries, designer-inspired contemporary finishes including stainless steel appliances, quartz countertops, plank-style flooring, walk-in closets, luxurious spa bathrooms with glass shower enclosures and full-size washers and dryers. Many apartment homes come with an attached garage and private patio or balcony.
Expansive community amenities complete the 21-acre site with a fully equipped 24-hour fitness center, clubhouse with caterer’s kitchen, a pool with sundeck, an outdoor living room with grilling stations and a fireplace and a dog park and pet washing area.
The property is in Will County, 45 minutes southwest from downtown Chicago and provides residents with immediate access to I-55 and I-80 industrial and job corridors as well as a multitude of dining, shopping and entertainment options. Will County’s employment base has expanded considerably over the past decade and continues to grow at a rate well above the state and national average with three state-ranked hospitals and notable employers including Amazon, Wayfair, FedEx, WeatherTech and Lewis University.
Fiduciary Real Estate Development has been an active seller this year. “We picked JVM as a buyer as we recently concluded a prior transaction with them with one of our Wisconsin properties,” said Steve Bersell, Chief Operating Officer of Fiduciary Real Estate Development. “Like our prior transaction with JVM, the Romeoville transaction went smoothly from offer to closing.”
The JLL Capital Markets Investment Advisory team representing the seller was led by Senior Director Wick Kirby, Director Amanda Friant and Senior Director Kevin Girard.
“We are very thankful for the opportunity to work with Fiduciary on the disposition of this brand-new, best-in-class property in fast-growing Romeoville,” said Wick Kirby of JLL. “It was a pleasure to work with the JVM team and we have no doubt they will have great success with this fantastic acquisition.”
With this latest acquisition, JVM now owns and manages seven apartment communities in Illinois and 22 communities representing $1.6 billion in assets under management throughout the Midwest.

ATLANTA, GA – Centennial Yards Company announced the groundbreaking of Centennial Yards, one of the largest and most ambitious city-center developments in the United States. Atlanta Mayor Andre Dickens joined Atlanta Hawks owner Tony Ressler, CIM Group Co-Founder and Principal Richard Ressler, Grant Hill, Vice Chair of Atlanta Hawks, and Michael Russell, CEO of H.J. Russell and Company, to celebrate the start of new construction at Centennial Yards. The $5 billion 50-acre development is located at the site where Atlanta was founded, and is expected to contain 8 million square feet at full completion, with 4 million square feet of new residential buildings and 4 million square feet of commercial buildings, including new office, retail, restaurants, and hotels.
Construction commenced today on the first two ground-up high-rise buildings, an 18-story full-service boutique hotel named Anthem, and an 18-story residential tower, located adjacent to Mercedes-Benz Stadium and State Farm Arena. Both towers, designed by award-winning Atlanta-based architecture firms Goode Van Slyke Architects (GVSA) and TVS Architecture + Design, are slated to be complete in 2025. Mayor Dickens and the development team were joined by Steve Koonin, CEO of Atlanta Hawks and State Farm Arena, John Hope Bryant, entrepreneur and founder of Operation Hope, Steve Smith, NBA Champion and NBA TV studio analyst, and Ambassador Andrew Young.
“This is a historic day for Centennial Yards, CIM Group, our partners, and for Atlanta, and we are delighted that the project is taking such a major step forward, only a year after securing our development agreement with the city,” said Centennial Yards Company President Brian McGowan. “Centennial Yards is one of the most ambitious developments in the country and today’s groundbreaking on the first ground-up towers not only marks an extraordinary day in Atlantahistory but also the celebration of our shared vision for a vibrant Downtown coming to life.”
Centennial Yards’ commitment to the City of Atlanta will ensure that the new live-work-play neighborhood will be built by and for Atlantans. The overall development delivers: 20% affordable housing for 99 years. 8% goal of minority and female owned business participation in the project including design, development and property management. 25% of entry-level construction jobs at Centennial Yards — and 10% of all construction jobs — are targeted for workers from around Downtown Atlanta, with hundreds of jobs for the 2 buildings breaking ground.
“With the development of Centennial Yards, we have an opportunity to further revitalize Downtown while bridging the gap between the east and westsides of our city,” said Mayor Andre Dickens. “This project is uniquely Atlanta—bringing the public, private and non-profit sectors together to dream big and execute a plan in a thoughtful and deliberate manner.”
“We are one step closer to creating an incredible experience for our fans, and a world-class new neighborhood for all Atlantans to live, work, and play,” said Grant Hill, Vice Chair of the Atlanta Hawks. “I’m proud to be part of the group led by Tony Ressler that is supporting the project’s work to provide affordable housing for the Atlanta community and empower minority- and women-led businesses to grow. Together, we have committed millions of equity dollars as well as our focus, energy, time and resources to make Centennial Yards and Downtown Atlanta a model for other cities.”
With an overall site plan designed by a global team led by world-renowned architecture firms Foster + Partners and Perkins&Will, Centennial Yards is a $5 billion mixed-use destination in the Southeast’s biggest, most influential market. The 50-acre site, formerly known as “The Gulch,” is expected to offer 8 million square feet of world-class new commercial and residential space comprised of 4 million square feet of dynamic retail, entertainment, modern office, and hotel, and 4 million square feet of new residential, as well as a vibrant public realm that will provide outdoor gathering spaces to all Atlantans and visitors of Centennial Yards.
Anthem, an 18-story full-service boutique hotel, will feature spacious guest rooms averaging over 400 square feet, pool deck with bar and event room with capacity for large events, 8,000+ square-foot ballroom with views overlooking Centennial Yards, and a rooftop restaurant and bar with views overlooking Downtown Atlanta. Nearby, an 18-story amenity-rich residential tower will offer apartments ranging from studios to 3 bedrooms, with interior design by TVS Architecture + Design. In addition to the residential offering, the building will feature a pool with event lawn and grilling stations, on-site co-working space, dog run, fitness center with state-of-the-art Technogym equipment, and multiple residential lounges.
Located in the Southeast’s home to a thriving film and TV production community that has led to Atlanta’s nickname as the “Hollywood of the South” and expanding corporate campuses from tech giants like Microsoft and Google, Centennial Yards will link surrounding historic neighborhoods that have been disconnected by industrial infrastructure for decades. Anchored by the Atlanta Hawks’ State Farm Arena and Mercedes-Benz Stadium—home to the Atlanta Falcons and Atlanta United, and bordered by multiple MARTA heavy rail stations, Centennial Yards will fill a literal hole in the heart of the city. Drawing nearly 18 million yearly visitors, Downtown Atlanta is also home to major attractions including the Georgia Aquarium, World of Coca-Cola, the National Center for Civil and Human Rights, and Georgia World Congress Center, one of the country’s top convention centers. Centennial Yards is also expected to be the center of gravity for experiencing the recently announced 2026 FIFA World Cup in Atlanta.

PHOENIX, AZ – San Francisco-based real estate investment firm Hamilton Zanze is excited to announce the purchase of Crestone at Shadow Mountain, the firm’s 25th acquisition in the state of Arizona. The company closed the deal on the 248-unit apartment property on November 15, 2022. CBRE’s Sean Cunningham, Asher Gunter, Matt Pesch, and Austin Groen of Phoenix Multifamily Institutional Properties represented the seller.
Crestone at Shadow Mountain is a garden-style community built in 1992 on 14.83 acres. The property was 96.77% occupied at purchase and is comprised of a single-story central clubhouse and 16 two-story residential buildings. These units range from 624 square feet to 1,147 square feet. The community includes several upscale amenities such as a two swimming pools with spas and poolside ramadas, complete fitness center, business center, dog park, tennis court, and picnic areas with barbecues, and many others. Unit amenities include full-sized washers and dryers, wood-style flooring, walk-in closets, stainless steel appliances, private patios and balconies, and more.
“We are excited to further expand our presence in Phoenix with the purchase of Crestone at Shadow Mountain,” said David Nelson, Hamilton Zanze’s chief investment officer. “The 1992-vintage, garden-style asset features institutional quality amenities, ideal location in the supply constrained Northeast Phoenix submarket, in convenient proximity to Paradise Valley Mall and Old Town Scottsdale, and access to the largest employers in North Phoenix, like Taiwan Semiconductors, USAA, Discover Financial, Honeywell, Cigna, Cox Communications, Mayo Clinic, and Merrill Lynch. This property is in a strong position due to its stable, high-income tenant base, supply-constrained location, and extremely competitive amenity and interior package. Crestone at Shadow Mountain will be an asset to the local community for years to come, and we at Hamilton Zanze are proud to be a part of it.”
The property is located at 2022 East Thunderbird Road in Phoenix. It is conveniently located just off Arizona State Route 51, providing access to Deer Valley along the I-17 Corridor, one of the submarket’s most robust and durable group of Fortune 500 companies. The property is also in close proximity to Old Town Scottsdale. Residents can make a short 20-minute drive southeast to enjoy many four and five-star restaurants in the neighborhood.

SAVANNAH, GA – Vista Residential Partners, a national multifamily development firm, has broken ground on 15 acres on Chatham Center Drive in Savannah, Georgia, for the development of Riverchase Vista, a 300-unit multifamily development. Vista has partnered with the strategic real estate development investment firm Batson Cook Development Company to construct the project. This will be Vista and BCDC’s third development project together.
Located on Chatham Center Drive, Riverchase Vista is part of a master planned mixed use development that will be neighbored by a Class A hotel, restaurants, and retailers. The development will sit within Chatham Center, one of the first business parks of its kind, concentrated around a 43-acre lake with a walking and jogging path. Riverchase Vista will welcome residents in early 2024.
Riverchase Vista is conveniently located to Interstate 16 and minutes from Downtown Savannah, Interstate 95, and various job centers throughout the metro. The Port of Savannah, home to the largest single-terminal container facility of its kind in North America, continue to be a major source of economic growth for the city. With $106 billion in sales, over five planned expansion projects, and additional capital improvements approved, the Port of Savannah continues to be an economic powerhouse fostering growth statewide.
South Korean automaker Hyundai recently announced their $5.5 billion investment to build a new manufacturing facility nearby. The site, which will be complete in 2025, will employ 8,100 workers between an electric vehicle assembly plant and an adjacent EV battery factory, making it the largest single economic development project in Georgia history.
Amazon is close to completing a 640,000 SF fulfillment center that will create 1,000 new full-time jobs. The new facility is located within the Savannah Megasite off I-16 and will be Amazon’s third location in the Savannah area.
“What a remarkable location. Riverchase Vista has great pedestrian and vehicular access, proximate to neighborhood amenities and greenspace and the Vista team always does a fantastic job with design,” says Litt Glover, President and CEO of BCDC. We’re proud to be part of the team working to deliver something special.”
The community will offer a mix of one-, two-, and three-bedroom apartment homes averaging almost 1,000 square feet. Designed by architect Niles Bolton, the garden style apartments will feature stainless steel appliances, 9-foot ceilings, vinyl plank flooring, in-unit washers and dryers, and spacious floorplans. Riverchase Vista will also features a luxury clubhouse, resort style pool, fitness center, a large pet park, 24/7 package concierge, and more.
“The Savannah metro region is an economic star, with a broad foundation for continuing robust growth in the near term,” says Michael Neyhart, Managing Director of Vista Residential Partners. “Its GDP has grown by nearly 50% over the last decade, a by-product of its deep-water port, the 3rd busiest container port in the U.S., and the fastest growing seaport by container volume in the past 10 years.”

GREENWOOD VILLAGE, CO – Century Communities, a top 10 national homebuilder and industry leader in online sales, announced that Century Living, the Company’s national multifamily and build-to-rent division, has broken ground on a 300-unit apartment project in Parker within the Compark Business Campus. The complex is expected to open for leasing in the fourth quarter of 2023.
Compark boasts a sought-after location with access to Douglas County schools, downtown Parker, the Denver Tech Center, regional trails and more. The complex will also feature a variety of resort-style community amenities, including a clubhouse, pool, dog park, trails, a fitness center, a game lounge, and an outdoor kitchen.
Future residents will have a choice of 1- to 3-bedroom units, with up to 2 bathrooms and 1,400 square feet. Each apartment will include a balcony, along with lavish features like quartz countertops, tile backsplash, and a smart home package.
“We’re very excited to announce this project, providing a dynamic and high-quality new living option in fast-growing Parker,” said Jim Francescon, President of Century Living. “With a range of unit sizes, exceptional amenities, and a convenient location with robust employment opportunities in the southeast business corridor, Compark really offers a complete package for renters.”

DALLAS, TX – Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, the nation leading builder of luxury homes, and Equity Residential an S&P 500 company focused on the acquisition, development, and management of residential rental properties located in and around dynamic cities, celebrated the groundbreaking of three new luxury rental communities totaling 1,053 units in the Dallas-Fort Worth metropolitan area.
Lyle, Remy, and The Settler represent the first three joint ventures in North Texas under the strategic relationship that Toll Brothers and Equity Residential established in 2021. The three communities join the continued expansion of Toll Brothers Apartment Living in Texas, with future communities in the state planned for Austin and Houston.
Hosted at the construction site of Lyle in Dallas, the October 27 groundbreaking celebration was attended by senior executives from Toll Brothers Apartment Living and Equity Residential, and members of the media.
We are excited to break ground on our first three Class A residential development projects in Texas as part of our new partnership with Equity Residential. Through our continued successful partnership, we look forward to providing thoughtfully designed and uniquely elevated apartment homes, said Charles Elliott, President of Toll Brothers Apartment Living. These communities are located in some of the most vibrant and desirable neighborhoods of the Dallas-Fort Worth market, offering the perfect blend of lifestyle and luxury with everything a resident would need and want right outside their doorstep.
The three new communities currently under construction in North Texas include:
Lyle, a five-story, 334-unit multifamily rental community in Dallas. Located at the intersection of Trinity Mills and Addison Road, and adjacent to the Dallas North Tollway, the site offers great access to several employment hubs including the Galleria Dallas, Legacy Business Park, Granite Business Park, Las Colinas, CityLine, Hall Park, and The Star, which is located within the $5 Billion Mile. The project is being financed through a construction loan facility from Santander Bank, N.A. Lyle broke ground in August 2022 and is anticipated to open in spring 2024.
Remy, a five-story, 357-unit multifamily rental community in the vibrant Frisco Town Center in the Dallas suburb of Frisco. The site is located at the intersection of Gordon and Church Streets and along Frisco s North Platinum Corridor, a Development Center on the Dallas North Tollway. Residents will benefit from walkability to an abundance of restaurants, retail, and entertainment options, including a Cinemark movie theater, a free public library, and MLS franchise FC Dallas soccer stadium. It is also located adjacent to Frisco s City Hall and Medical City Frisco hospital. The project is being financed through a construction loan facility from Santander Bank, N.A. Remy broke ground in February 2022 and is anticipated to open in Fall 2023.
The Settler, a four-story, 362-unit multifamily rental community in Fort Worth. Located in the heart of Fort Worth s River District, the site is in proximity to Fort Worth s Central Business District, Cultural, and Medical districts, and the historic Fort Worth Stock Yards. With a sky lounge overlooking downtown Fort Worth, the community is surrounded by Trinity River s scenic hiking and biking trails, various museums, The Fort Worth Botanical Garden, the Fort Worth Zoo, and just north of PGA Tour Host Colonial Country Club. The project is being financed through a construction loan facility from U.S. Bank. The Settler broke ground in June 2022 and is anticipated to open in early 2024.
All three communities will feature high-end luxury finishes and residents will enjoy best-in-class amenity packages, including resort-style pools, co-working spaces, state-of-the-art fitness centers, and more.
Dallas-Fort Worth is a dynamic market with a growing population of the affluent renter demographic that we are interested in capturing. We are expanding our presence in the market and believe that these properties will make excellent additions to our existing portfolio there, said Benjamin Stoll, Equity Residential s Senior Vice President of Development. We are delighted to be partnering with the highly capable team at Toll Brothers and feel that these developments are a terrific start to a strategic partnership that will be very beneficial for both Equity Residential and Toll Brothers.
Through the partnership between Toll Brothers and Equity Residential, the parties initially intend to focus on selectively acquiring and developing sites for apartment rental communities in specific metro markets, including Dallas-Fort Worth, where both parties have a significant or growing presence. Under the partnership, Equity Residential has committed to invest 75% of the equity for each selected project and Toll Brothers will invest 25%. It is expected that each project will also be financed with approximately 60% leverage. Equity Residential will have the option to acquire each property upon stabilization. The parties have targeted an initial minimum co-investment of approximately $750 million in combined equity, or nearly $1.9 billion capacity, assuming 60% leverage.
These joint venture projects join a growing portfolio of Toll Brothers Apartment Living apartment communities across North Texas, including Aster, a 22-story, 270-unit luxury high-rise in Dallas, and Ferro, a four-story, 383-unit luxury apartment community in Plano.

CHARLOTTE, NC – Embrey has closed on the land purchase for Finley, a 343-unit multifamily community project in Charlotte, North Carolina.
The project is Embrey’s second in the Charlotte market and is in the vibrant University City submarket. The location offers future residents close access to the city center, shopping, leisure activities and to the University of North Carolina at Charlotte via the LYNX Blue Line.
“University City has a strategic vision that will continue the momentum of being a highly sought-after place to live,” said Brad Knolle, Embrey’s Executive Vice President of Development. “This project embodies Embrey’s purpose of creating communities where residents enjoy premium living and luxurious amenities to fit active lifestyles.”
University City is home to many recent graduates and others in the University of North Carolina at Charlotte community. Finley’s location is in the heart of the community, which is the second largest employment center in Charlotte.
Finley’s first residential units and the clubhouse are expected to be available in the third quarter of 2024, with project completion scheduled in 2025.
Amenities will include a clubhouse with a game room and a business center that includes micro-offices and a conference room. Outdoor grilling areas, an outdoor gas fireplace, and a landscaped courtyard complement a resort-style pool. The property will feature a game room with billiards and arcade games, a leading-edge fitness studio with on-demand technology, and a yoga room.
Interior finishes will feature 9-foot ceilings. High-end kitchens will feature quartz countertops, custom cabinetry with designer pulls, stainless steel appliances, undercabinet lighting and upgraded undermount sinks.