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Demolition makes way for another Morehead Street apartment complex

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Do you think developers are overbuilding apartment complexes in Charlotte?

Demolition work began Monday to make way for another apartment complex on the edge of uptown Charlotte.

Terwilliger Pappas Multifamily Partners is developing the project, which occupies about two acres at the corner of Kenilworth Avenue and East Morehead Street.

Called Solis Dilworth, the five-story complex will feature 184 apartments, a fitness room, pool and other amenities, the company said. Adolfson & Peterson Construction is building the complex, which is slated to open next spring.

The project is part of a multifamily building boom on Morehead Street, which borders uptown. Forestar Group is building a mixed-use project across the street from Solis Dilworth, Crescent Communities has a complex going in across from Carolinas Medical Center and NRP Group has started a project near Bank of America Stadium.

Former Trammell Crow Residential CEO Ronald Terwilliger and Metropolitan developer Peter Pappas started their company in May 2013 to develop multifamily projects throughout the Southeast.

Terwilliger Pappas bought the land for Solis Dilworth in March from Edward Springs and affiliated companies for $5.5 million, according to county records.

Rothacker: 704-358-5170; Twitter: @rickrothacker
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