Charlotte developer gets approved for giant Lake Norman community near Interstate 77
Charlotte developer Mission Properties LLC received unanimous support from the Huntersville Planning Board on March 25 for a giant mixed-use community at Stumptown Road and U.S. 21 near Interstate 77.
Mission Stumptown would include 247 apartments in eight buildings, a six-building “commercial village,” 10-foot-wide multi-use trails and 16 “attainable housing” units, according to the developer’s rezoning application and company founder Jason McArthur.
“Attainable housing” is affordable to teachers, police officers and newspaper reporters.
The location is geared to higher intensity uses and is just a half-mile walk from a Charlotte Area Transit System park-and-ride lot, Planning Board members said.
Mission Stumptown also is well designed, Huntersville Planning Director Brian Richards said.
“They’re going above and beyond the town’s requirements for basic architecture,” Richards told the board. “They’re offering a higher-level design ... Staff is in favor of this plan.”
The board voted 8-0 to recommend the rezoning to the Huntersville Board of Commissioners, which has final say. The Town Board is scheduled to vote on April 22.
Second $80 million development
The proposal was the second $80 million-plus project endorsed by the Planning Board on March 25.
In a split vote, the board endorsed Charlotte developer Peak Development’s proposed Station South near a still-uncertain Red Line commuter rail station.
Station South would include 348 multifamily units, including 278 apartments and at least 64 townhomes. Its 59,100 square feet of commercial, retail and other non-residential space would include a 25,000-square-foot parking deck and 25,000-square-foot central plaza, according to the developer’s rezoning application.
“This is good planning”
Mission Stumptown would include key fob-access buildings from one to four stories. Only 8% of the apartments would be three-bedroom, McArthur told the board. Sixty percent would be “studios, one-bedroom,” targeted to young adults in their first full-time jobs, he said.
“It would be a shame, in my view, for a site like this to be relegated to single-family bordered by an interstate and a major intersection,” McArthur said.
“This is what the site wants to be,” he said about his project. “This is good planning.”
Current Mission Properties projects include the 216-unit Evermore in Mooresville; 213-unit Bowery West near uptown Charlotte; the 73-unit Venue on South Main in Cornelius; the 156-unit, mixed-use Christenbury Apartments development in Concord; and the 204-unit Halcyon community on Daniel Island in Charleston, S.C.
