Community Builders building $50 million TOD community in Charlotte

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noda wandry
FCP® and The Community Builders (TCB) announced the formation of a joint venture for the adaptive reuse redevelopment of the historic Johnston Mill property in the NoDa neighborhood of Charlotte, NC. The $50 million project will include the new development of 419 and 423 E. 36th Street and the adaptive reuse redevelopment of 3315 N. Davidson Street (the former Johnston Mill).

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.

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