Capstone
Land Sales is pleased to present the Eastfield Station Development Site, a
516-unit garden style apartment & townhome site in the Northlake submarket
of suburban north Charlotte. Current ownership has received conditional zoning
approval for R-12 MF (multi-family residential) for the site, and final site
plan approval from the City of Charlotte is slated for to be completed in May
2022. The current site plan is zoned and entitled for 516 units, consisting of a
mix of 402 one-, two- and three-bedroom apartment floorplans, and 114
three-bedroom townhomes with attached garages. The site plan also features numerous
amenities including a large, centralized clubhouse with a club room and covered
patio, swimming pool, individual and group fitness areas, internet, and
hospitality bar, and more. Located just east of I-77 and inside the I-485
beltway, the site’s location will offer future residents tremendous access to
the submarket's many retail and entertainment hubs, as well as a convenient
commute to all of Charlotte’s major employment centers. Eastfield Station has
the potential to be a dynamic yet peaceful respite for residents who want the
space associated with the suburbs but still value proximity to work, local
dining and retail, and luxury amenities.
Zoned Multi-Family Development Site
Proximity to Local Demand Drivers & Access to Major Thoroughfares
Favorable Renter Demographics in a Booming Submarket
New Development and Subsequent Employment Growth
Proximity to Class A Retail and Employment Centers