Development

Developer planning 351 apartments on Parkwood Avenue

Loft 135, another apartment project under construction by NRP Group at Morehead and Church streets.
Loft 135, another apartment project under construction by NRP Group at Morehead and Church streets.

An apartment development firm based in Ohio is planning its second Charlotte project: A 351-unit building on Parkwood Avenue, just north of uptown.

NRP Group filed a rezoning petition recently that would allow the development of an apartment building on a 3.5-acre parcel bounded by Caldwell, Brevard, 21st streets and Parkwood Avenue.

The site is adjacent to the Blue Line light rail extension the Charlotte Area Transit System is building from uptown to UNC Charlotte. The new line is set to open in 2017, and it’s attracting development along its length. A few blocks away, a separate developer is planning a smaller 50-unit boutique apartment complex on Parkwood Avenue near 15th Street.

An executive with NRP Group who’s overseeing the planned apartments couldn’t be reached Thursday. The Parkwood Avenue site is currently mostly industrial, with several one-story brick commercial buildings.

The initial plans show a building that takes up most of the site’s footprint, including four courtyards and resident amenities such as a fitness center. The apartments would wrap a parking deck.

If you want to see what NRP Group might have in mind, take a look at South Church and West Morehead Street, on uptown’s southern edge. That’s where the development company has been building Loft 135 (originally called Quarters at Morehead). That project is a five-story, 298-unit apartment building, set to open later this year.

Ely Portillo: 704-358-5041, @ESPortillo

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