A new condo development planned in Myers Park is set to bring eight new high-end residences to the southwest corner of Selwyn Avenue and Croydon Road.
The new condos, being developed by Davidson-based father-son team Ron and Chris Kennerly, will be called 2312 Selwyn. The duo has previously built condos and townhouses at Lake Norman.
The 2312 Selwyn building will be four stories tall with units averaging 3,150 square feet. Prices will start in the mid-$900,000s, with hardwood floors, reserved parking, high-end appliances and marble countertops. Two of the units have been reserved. Construction is set to start in late summer, with completion in about a year.
“The interest has been really big so far. ... The buyers at this price point were probably on hold,” said Chris Kennerly, who was meeting with two more prospective buyers Friday. “Now they’re saying, ‘We can move forward with this.’”
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The development will replace an older condo project on the site, which is just over 0.6 acres. Kennerly said his company has been looking at the site since September.
He said that many of the buyers will likely be people currently living in a single-family home who want to downsize but not move out of Myers Park. Kennerly said the design will strive to fit in with the surrounding neighborhood.
“It has some contemporary feel to it, but it’s still leaning towards the traditional Myers Park design,” Kennerly said.