Charlotte City Council on Monday paved the way for a huge new development at Interstate 485 and Albemarle Road, voting to approve a senior housing community called Cresswind Charlotte.
Kolter Homes is building the project, which is part of a boom in housing for those 55 and older in the Charlotte region. Cresswind Charlotte will be built on 371 acres of wooded land near Mint Hill.
The plan calls for:
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▪ Up to 850 age-restricted houses, for those 55 and older.
▪ An independent and dependent-living nursing home with up to 230 beds.
▪ Up to 290,000 square feet of retail, general and medical office space.
Kolter hasn’t announced a timeline for when it will build the project. Other similar retirement communities under development, totaling thousands of homes, include Tree Tops by Lennar in Indian Land, Carolina Orchards by Del Webb in Fort Mill and Trilogy Lake Norman by Shea Homes.