For the first time since 2009, a major apartment complex is being planned for Statesville.
At their Feb. 16 meeting, the city council approved the site plan for The Retreat at Statesville, a multi-family complex planned for an 11.6 acre plot off North Pointe Boulevard, behind Lowe’s.
Once Iredell County issues the required building permits, construction should begin this spring. Developer Richard Angino, of Third Wave Housing, said the complex will be senior-friendly.
“We are finding that the average age of our tenants is getting, higher because such a large amount of our population in North Carolina are active seniors looking for new options for where and how they live,” he said.
Angino also said they are finding that the average household is smaller than it was even 10 year ago. “Because of both (factors), we’ve been changing our unit mixes and property will have 40 one-bedroom and 40 two-bedroom units.”
The complex’s 80 apartment units to be housed in four buildings with 151 parking spaces. Amenities such as a community center, playground, picnic shelter and sidewalks are also proposed, according to Assistant City Planning Director Sherry Ashley.
“Because this complex will be located in a multi-family zoning district, 10 percent active open space, which would be 23,087 square feet, is required,” Ashley said.
“Their site plan actually exceeds this requirement.”
Access to the site will be off North Pointe Boulevard and Solstice Drive; plans also call for the sidewalk to be extended along the driveway to North Pointe Boulevard, which is designated for pedestrian access.
At the hearing, the only concern voiced by any of the councilmen was from Jap Johnson, who was assured by city officials that the project was not too close to the water line that runs behind the site.
Angino said he’s been working on this project for two years and is optimistic about its future: “Statesville is a great location given that it’s at the crossing of I-77 and I-40. This will give our tenants a wide array of work options ranging from the vibrant local market to the Charlotte/Winston-Salem metro areas.”
Angino expects to start pre-leasing units late this year, with construction complete in early 2016. He noted the city has been active in promoting a business-friendly environment and also redeveloping the existing neighborhoods and downtown areas.
Although this is the first multi-family project for Third Wave Housing, Angino has developed similar projects over the past 20 years, primarily with the Landmark Group in Winston-Salem.
Dave Vieser is a freelance writer. Have a story idea for Dave? Email him at firstname.lastname@example.org.