The Gateway at Research Park

The Gateway at Research Park

Charlotte, NC
Available
  • Property Type: Development/Land
  • Property Size: / 3.07 Acres / ±151 Sites

Overview

Capstone Companies is proud to present The Gateway at Research Park Development Site, a 3.07-acre, zoned, entitled and shovel-ready multi-family site ideally located in the burgeoning University City submarket of Charlotte, North Carolina. The development site presents developers with the rare opportunity to acquire a shovel-ready site that includes fully approved site plans, as well as 100% completed engineering drawings for 151 luxury apartment units. With all of the upfront leg work completed, a developer can focus on immediately initiating construction and capitalizing on the robust rent growth in the University City submarket. University City has experienced rent growth of 14%+ in 4- & 5-star properties year over year since 2020, driven by the influx of high paying jobs at the numerous Class A office parks nearby. Additionally, the Gateway at Research Park is less than 2 miles from the new Centene East Coast Headquarters, which is projected to bring 6,000+ high paying white-collar jobs to the immediate area. With a zoned, entitled, and shovel-ready project located in one of the fastest growing submarkets of Charlotte, The Gateway at Research Park provides a unique opportunity for a developer to deliver a new product to the market.  

Investment Highlights

  • Fully Engineered Construction Drawings Included with Site
  • Red Hot University City Rental Market
  • Proximity to an Abundance of Employers
  • Connectivity to the Charlotte MSA
  • In Process Redevelopment of the Adjacent TownePlace Suites

Contact Information

Ron Corrao Managing Director P: 757.749.6994
O: 800.746.3175 ext. 712
ron@capstone-companies.com
Eric Liebich Director P: 248.225.3706
O: 800.746.3175 ext. 730
eric@capstone-companies.com
Bryse Toothaker Director P: 704.727.2926
O: 800.746.3175 ext. 703
bryse@capstone-companies.com
Charlie Rimkus Associate Director P: 949.923.5542
O: 800.746.3175 ext. 784
crimkus@capstone-companies.com
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