A 670-acre residential development on Lake Wylie in Belmont is expected to start construction in late summer, the project’s developers said, after selecting builders for the first neighborhood.
McLean, which will feature parks, fitness trails and open areas, should have model homes complete as soon as the first quarter of 2016. The first neighborhood being built is called South Shore, and McLean recently opened a refurbished historic house on the property as a sales center.
“This is an exciting time for McLean as we prepare for our builders to start home construction. We are thrilled with the team of builders that we have assembled and the designs and quality that they will bring to the community,” said Steven Hinshaw, principal of developer NW Lake Wylie LLC, in a statement.
Homes at the development adjacent to Daniel Stowe Botanical Gardens will range from about $400,000 to over $1 million, based on the view, home size, finishes and design.
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The initial builders include: John Wieland Homes & Neighborhoods, Peachtree Residential, Andrew Roby, McSpadden Custom Homes, New Old, Arthur Rutenberg Homes, Fairwood Residential and J. Barwick Construction.
Here’s some more information about the development from NW Lake Wylie, an affiliate of real estate firm Northwood Investors: “Homesites will range from approximately one-half acre to more than an acre. Most of the lakefront homesites are expected to have individual docks while off-water homeowners will be able to store boats at the adjacent Harbortowne Marina or within a community storage yard, Hinshaw said. The developer intends to develop another marina complex on the property adjacent to the New Hope Road bridge.”