Jones Lang LaSalle Americas, Inc., a North Carolina licensed real estate broker (“JLL”) has been retained as the exclusive sales representative for The Preserve at Allision Woods (the “Property” or “Project”), a multifamily or senior housing development site located in one of Charlotte’s most established neighborhoods. Charlotte is experiencing rapid population growth as the city experiences positive net migration of 128 people daily. The Providence Road corridor is regarded as one of the premier Charlotte submarkets. The area is known for its great surrounding retail, easy access to Uptown Charlotte, and top-notch schools. Area amenities include Rea Farms (115,000 square feet of retail development) and Waverly (250,000 square feet of retail development). Rea Farms is home to one of the nation’s largest and newest Lifetime Fitness locations, which has become a local favorite for area residents. Additionally, this corridor has several private clubs, including Providence Country Club, The Club at Longview, Raintree Country Club, and Cedarwood Country Club.
The seller is seeking an outright sale of the property to an established developer. The Preserve at Allison Woods is well-positioned for development in a thriving market known for it’s warm weather, great job market, low cost of living, and its proximity to the beach and mountains. The site is located just 20 minutes to Uptown Charlotte 25 minutes to Charlotte Douglas International Airport with easy access to I-485, I-77, and Highway 16 (Providence Road), three major arteries to the serving the Charlotte Metro.
- 20 minute drive to Uptown Charlotte
- 25 minute drive to Charlotte Douglas International Airport
- Adjacent to Rea Farms (115,000 square feet of retail development)
- Adjacent to Waverly (250,000 square feet of retail development)