A plan to build hundreds of new apartments and rental houses just east of uptown is dead, a source confirmed Thursday.
Alliance Residential had announced plans to build the development at 10th Street and Seigle Avenue, on a site currently occupied by Seigle Avenue Presbyterian Church. But city records show those plans have been withdrawn, and a real estate source said the project won’t be moving forward.
The church had previously said its land was under contract to be sold, and that it would relocate using proceeds from the sale. Betty Meadows, an official at the Presbytery of Charlotte, said that while the first contract fell through, the church has found another buyer and the property is under contract again.
“There were people lined up,” said Meadows. “We are fine, Seigle Avenue is fine, that property will sell.”
In addition to the church’s property, several other property owners were included in the plan. Alliance would have had to acquire those sites as well as gain rezoning approval from Charlotte City Council.
The Phoenix-based company, which recently opened a Charlotte office, said it could break ground this winter and open by the second quarter of 2018. The project would have been called Broadstone Central. In addition to the apartments, about 1,000 of which are under construction just east of uptown through the heart of Plaza Midwood, the Alliance development would have included 10 single-family rental houses.