The Community Builders has partnered with real estate investment company FCP to deliver the $50 million NoDa Wandry, a 235-unit transit-oriented community in Charlotte. The project includes the redevelopment of a century-old mill and the construction of new buildings on two adjacent parcels, FCP says in an Oct. 25 statement.
Construction work commenced in March. The partnership enlisted architects BB+M Architecture, civil engineer LandDesign and general contractor Samet Corp. to deliver the community by the first quarter of 2023, the published report says.
The 110,000-sq. ft. former cotton mill will be converted to include 84 apartments at 3315 N. Davidson St, with a further 151 units planed at 419 E. 36th St. in a ground-up construction.
Development plans for the parcel at 423 E. 36th St. call for a two-story building, which will include 2,800 sq. ft. of retail, a leasing center and a coworking area.
The 1916-built Johnston Mill has been vacant since production shut down in 1975.
The NoDa neighborhood is home to a large number of vacant factories, a remnant of the city’s once booming textile industry.