It looks like the apartment boom in South End isn’t over yet: A plan filed with the city calls for converting the Pepsi Bottling Co. site on South Boulevard to another mixed-use complex.
I reported in February that the site was being marketed for sale as a major mixed-use development opportunity. Now, Lennar Multifamily, a major upscale apartment developer, is planning to rezone the 4.7-acre parcel.
The rezoning application is scant on details. The paperwork only says that the site would be used for a “transit-oriented mixed-use redevelopment.” The Pepsi site backs up to the New Bern station on the CATS Blue Line light rail. A Lennar representative declined to offer any more details on the project, which is still in the planning phase.
Lennar – which has apartment complexes in 26 states –is developing another apartment complex in Charlotte. The Midtown 205 complex, at East 3rd Street and South Kings Drive in midtown, will have about 260 units.
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Following the first round of apartment construction that changed the face of South End, major redevelopment plans are still underway. Across from the Pepsi Bottling site, Marsh Properties plans to tear down and redevelop the Sedgefield Shopping Center and nearby properties. The $190 million, 60-acre plan includes a Harris Teeter as part of a large mixed-use development.