Crescent Communities kicked off construction on a new apartment building in NoDa Wednesday, the latest development in a wave of new apartments, retail and office space following the Blue Line Extension’s route.
The development at the planned 36th Street light rail station – to be called Crescent NoDa – will include studio, one- and two-bedroom apartments, along with 7,500 square feet of ground-floor retail. Charlotte-based Crescent has hired CBRE to market a one-acre adjacent parcel for commercial development, which could include up to 30,000 square feet of shops and restaurants.
Crescent senior development manager Michael Tubridy said the new development will aim to be “unique, quirky and bold.” The site was formerly home to the music venue Chop Shop and a gym.
Hollis Nixon, president of the NoDa Neighborhood and Business Association, said the light rail is bringing a surge of new businesses and residents. In the past few years, she said 24 rezoning requests for new development have come through the neighborhood.
“We have a whole new population coming to NoDa as a direct result of the BLE (Blue Line extension),” said Nixon.
About 1,900 new apartments have been announced so far along the 9.3-mile, $1.2 billion Blue Line extension from uptown to UNC Charlotte. The new rail line is set to debut in August 2017, and Crescent plans to complete its NoDa apartments around the same time.
Crescent NoDa is the second major light rail-connected project Crescent is starting this month. In early January, the company broke ground on Crescent Stonewall, a Whole Foods, two hotels and 450 apartments next to the existing Stonewall Street light rail station uptown. That development is set to open in 2018.
Crescent had planned last year for even more development along the Blue Line extension, exploring a plan to build a major mixed-use development on a 25-acre site on West Craighead Street that could have included up to 450 residential units. But the company dropped those plans during due diligence after determining the property wasn’t a good fit, a spokeswoman said.