In March 2016, Crescent Communities and Lincoln Harris announced their plans to build a new development on Charlotte’s west side. This new development is tentatively being called the “River District” since it will be located between Charlotte’s international airport and the Catawba River. Although the development will take years to build, the new district will be among Charlotte’s largest communities, ranking up there with the South Park and Ballantyne areas. The plan includes a mixed-use development consisting of residential homes, office space, hotels, retail space, parks and green space.
The development’s proximity to the Catawba River and access to Interstate 485 make it an attractive site. Although the development is close to the airport, air traffic is expected to be minimal since the runways are located north and south, not east and west.
If the new River District is anything like Ballantyne, it will become a much-desired area for future homeowners in Charlotte and will likely transform road construction, land prices and other developments in west Charlotte.
The residential real estate team at Hutchens Law Firm looks forward to watching the West Charlotte area grow. It is an exciting time to live and work in Charlotte, North Carolina!
Published by Bess Harris Reynolds on May 11, 2016