Charlotte developer unveils plan for hundreds of Lake Norman apartments
A Charlotte developer has unveiled plans for a Lake Norman mixed-use community with 324 apartments.
Denver Apartments by RK Investors also would include a 12,000-square-foot childcare center and a 6,500-square-foot medical office building, according to a rezoning request filed with the Lincoln County Planning Board.
The development would stretch across 30 acres on the west side of Pilot Knob Road in the 200 block, north of N.C. 73 and east of N.C. 16 in Catawba Springs Township.
On social media, some residents said they’re concerned about adding hundreds of cars a day from the development onto Pilot Knob Road.
The road in eastern Lincoln County is already rapidly building up, with a Publix grocery store in the Cambridge Village Shopping Center, and other businesses.
The Lincoln County Board of Commissioners and Planning Board will hold a public hearing on the developer’s rezoning request at 6:30 p.m. Monday, March 2, in the Lincoln County Administration Building, 353 N. Generals Blvd. (U.S. 321 Business) in Lincolnton.
County planning staff supports the request, saying the project complies with county zoning rules, including road access to the development and vegetative screening from neighboring properties, according to county planning documents.
Hotel, other apartment projects by developer
Founded in 2005, RK Investors has developed hotels and apartment communities in Charlotte, Raleigh, Chapel Hill and Charleston, according to its website.
Its Charlotte apartment developments include Residences at Brookline, a gated community of 320 Class A apartments a mile from Northlake Mall; and the 235-apartment Proximity Northlake.
RK Investors also developed the Home 2 and Holiday Inn hotels near Charlotte Douglas International Airport, the Doubletree hotel near Crabtree Valley Mall in Raleigh, the Courtyard Marriott and Sheraton hotels in Chapel Hill and Proximity Charleston, 199 Class A apartments near downtown Charleston.
In June 2024, despite strong neighborhood opposition, Charlotte City Council unanimously approved the developer’s scaled-back, $200 million plan for hundreds of apartments and single-family attached homes between Elm Lane and Rea Road in south Charlotte, The Charlotte Observer reported.
This story was originally published February 16, 2026 at 5:00 AM.