Charlotte-based Levine Properties and Raley Miller Properties filed Wednesday for a rezoning change that would allow them to build an 11-acre mixed-use apartment project at Providence and Fairview roads.
The development could feature up to 225 apartment units, according to the rezoning application. The land is in two parcels, one owned by a company affiliated with Daniel Levine, head of Levine Properties, the other by Raley Miller Properties.
The new development would replace the Carmel on Providence apartment complex.
“That property is in need of being redeveloped,” said David Miller, CEO of Raley Miller. “It’s an older development.”
Levine echoed him: “Our project is better than 40 years old, and it’s in need of some redevelopment.”
The new buildings would be a maximum of five stories, according to the rezoning documents, and the site would also feature up to 100,000 square feet for uses such as retail and eating and drinking establishments. Miller said he doesn’t have details on what sorts of businesses would be at the site.
Mecklenburg County property records show Raley Miller acquired the larger parcel, which includes the apartment complex, in 2005 for $3 million. Levine bought the smaller parcel, which currently houses a gas station, for $1.1 million in December.
The rezoning request is set for a public hearing at an April 20 City Council meeting.
Levine is also building several apartment complexes in and around uptown. He plans to build 264 apartments at 10th Street and Brevard Street, a 105-unit complex near Plaza Midwood and 140 units on Metropolitan Avenue in Midtown.