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Two more large apartment buildings are slated for construction in Charlotte’s South End neighborhood.
Camden Property Trust said it plans to build a 10-story, 324-apartment building at West Boulevard and Camden Road, and a 266-apartment building at South Boulevard and Iverson Way. Camden already owns two large apartment buildings in South End.
Currently, South End has seven apartment buildings under construction, according to one development expert, and five more in the advanced planning phases, including the Camden properties.
“The neighborhood was at 96 percent occupancy,” said Ted Boyd with Center City Partners.
Boyd says the recent construction was part of the long-term plan to develop properties along the Lynx Blue Line. But as the light rail started, the economy sputtered, leaving projects on pause. Now both old and new projects are breaking ground.
The Camden-West Boulevard project will begin by tearing down several buildings. Tenants and people who work in the buildings say they were told two weeks ago that they’d have be out by the end of January. But they say it came as little surprise.
Shop owner J.P. Sabie gets to stay put. He said he looks forward to the increased business.
“It makes it more of a place to be, a hangout area,” Sabie said.
Both building projects are slated to break ground in summer 2013.
