The city of Charlotte has agreed to sell nearly 4 acres on Stonewall Street, currently covered by a large mound of dirt from a nearby apartment project. The land would be sold to apartment developer and operator Camden USA Inc. for $13.3 million. The company outbid another apartment developer, Pollack Shores, which had offered $12.2 million, indicating the high level of interest in the Stonewall corridor.
The city of Charlotte has agreed to sell nearly 4 acres on Stonewall Street, currently covered by a large mound of dirt from a nearby apartment project. The land would be sold to apartment developer and operator Camden USA Inc. for $13.3 million. The company outbid another apartment developer, Pollack Shores, which had offered $12.2 million, indicating the high level of interest in the Stonewall corridor. Joshua Komer jkomer@charlotteobserver.com
The city of Charlotte has agreed to sell nearly 4 acres on Stonewall Street, currently covered by a large mound of dirt from a nearby apartment project. The land would be sold to apartment developer and operator Camden USA Inc. for $13.3 million. The company outbid another apartment developer, Pollack Shores, which had offered $12.2 million, indicating the high level of interest in the Stonewall corridor. Joshua Komer jkomer@charlotteobserver.com