$80M Charlotte-Area Rail Line Apartment Project Gets Green Light

$80M Charlotte-Area Rail Line Apartment Project Gets Green Light
News| December 18, 2025| Mike Boyd
Atlanta & Southeast + Apartment Buildings

The Huntersville Board of Commissioners is allowing Peak Development to rezone 21.3 acres at 17220 Old Statesville Road for Station South, a 348-unit residential community with around 25,000 square feet of commercial space. Station South calls for more than $80 million in total investment. The Station South site is along the proposed Red Line commuter rail route from uptown to Davidson. 

The Charlotte Business Journal reports Peak hopes to break ground on Station South in early 2027.

Station South’s residential component will include 278 apartments and 70 townhomes. The commercial element is expected to include restaurant, retail and small office space across several buildings. A parking deck is planned for the project as well.

 

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BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...

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80-Unit Seniors Housing Development Opens in Suburban Chicago

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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened.  Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...

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312-Unit Multifamily in Indiana Changes Hands

Chicago & Midwest + Apartment Buildings

Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...

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