Woodfield Investments and the Ark Group plan to start work this week on a 205-unit apartment complex at the N.C. Music Factory.
Called Woodfield Music Factory for now, the apartments have an 18-month construction schedule, said Chad Hagler, who oversees apartment development and construction for Woodfield in Charlotte.
“We will be mobilized before the end of the week,” said Hagler. You should see construction equipment, erosion control fencing and other activity on the wedge-shaped site off Graham Street at the entrance to the N.C. Music Factory soon.
The Ark Group, the N.C. Music Factory’s developer, is Woodfield’s joint venture partner for the apartment complex. The entertainment and eating complex will be seeing more construction in October, as software company AvidXChange starts work on its 200,000-square-foot headquarters. The projects are part of the long-term goal of making the Music Factory a true live-work-play environment.
Woodfield is one of Charlotte’s busiest apartment developers at the moment (And in the midst of a record apartment-building boom, that’s saying something). The company’s current wave of projects includes apartments in NoDa, Northlake, uptown and SouthPark.