Construction is underway on a new apartment complex uptown, on a smaller scale than the large buildings that have so far dominated the apartment boom.
Cedar Flats will be an 86-unit boutique development at 225 N. Cedar St. Charlotte-based Delray Ventures and The Boulevard Company are owners of the project, and Hendrick Construction is building the apartments.
“Cedar Flats will provide its residents with a more intimate setting over the traditional 200-plus unit complexes that have flooded the Charlotte apartment market,” said Daniel Jimenez, principal of Delray Ventures, in a statement. “For this reason, we believe our project will be a great addition to the uptown Charlotte rental options.”
Leasing is expected to start in January, with the first units available by the end of the first quarter next year. The complex will be a mix of studio, one- and two-bedroom units, with high-end finishes and amenities such as quartz countertops, stainless steel appliances, a bike room, fitness room and pool facing the uptown skyline.
“This is a really fun project for our team to construct,” said Roger Hendrick, president of Hendrick Construction. “It is a gorgeous and inspiring setting right in the thick of everything uptown, yet it will be small enough to offer a great sense of community for its residents.”