CHICAGO, IL – Virtú Investments, a multifamily real estate investment firm primarily engaged in the acquisition and management of apartment properties in the western United States, announced it has acquired Marlowe, a 176-unit multifamily property in Chicago, IL.
Marlowe is Virtú s first acquisition in Chicago and marks the firm s expansion into key cities beyond its traditional focus of western US markets. Virtú believes Chicago represents significant investment potential based on the city s near-term scarcity of new apartment supply and steady renter demand. The Marlowe acquisition is part of Virtú s broader strategy to capitalize on attractive cyclical pricing in key submarkets with low to no near-term supply.
Marlowe matches our investment strategy of identifying institutional-quality assets in locations with limited residential supply and high demand, said Michael Green, CEO and Founding Partner of Virtú Investments. This acquisition is the result of months of analyzing property trends and market dynamics, and our ability to select properties that take advantage of attractive pricing and significant discounts today s replacement costs, as well as near-term scarcity across key regions of the country.
Marlowe is located in Chicago s premier River North neighborhood, providing residents with easy access to top-rated dining, retail, and entertainment options, as well as nearby major employers. The luxury property offers extensive amenities including a rooftop lap pool, private garage with electric vehicle charging stations, a fitness studio with yoga space, and community lounge with gaming tables and bar.
Virtú acquired Marlowe through co-ownership by the Evergreen Fund, the firm s closed-end Opportunity Fund (JVOF), and a single-asset syndication. The Virtú Evergreen Fund is an open-end fund launched in 2015 for generational ownership, long-term compounding, extreme tax efficiency and flexible liquidity, and is designed to take advantage of 1031 Exchanges within the Fund to perpetually defer taxes on gains and cashflow.
Continued Green, The Evergreen Fund provides Virtú with the necessary flexibility to move in and out of markets as cycles shift, allowing us to acquire assets like Marlowe in Chicago and reinforcing our ability to invest in new geographies that ultimately align with our long-term investment thesis. We continually review existing and new-to-us regions that show strength across our key underwriting metrics, and the flexibility of the Evergreen Fund allows us to be nimble and take advantage of opportunities nationally across the multifamily space.
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Greystar and GMC Projects Breaks Ground on 289-Unit Birchway Angle Lake Apartment Community in Seattle Submarket of SeaTac
SEATTLE, WA – Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, in partnership with GMC Projects, a Canadian-based real estate developer, announced the groundbreaking Birchway Angle Lake, a new apartment community at 19825 International Boulevard in SeaTac, WA, which Greystar will be the lead developer and builder. The project represents the second transaction capitalized in a strategic venture with Whitman Peterson.
Birchway by Greystar invites residents to enjoy comfort in suburban garden-style communities, providing practicality, tranquility, and convenience. Rooted in community, the Birchway brand offers the conveniences of the city without city prices.
“We are extremely proud to bring Birchway Angle Lake to Washington state and SeaTac,” said Aaron Keeler, Managing Director of Development at Greystar. “Focusing on providing new apartments at attainable rent levels, we worked with Whitman Peterson to secure equity financing. We’d also like to thank GMC Projects for their partnership and help in finding a creative deal structure that worked for all partners.”
Birchway Angle Lake will offer 289 apartments in studio, one- and two-bedroom layouts. It will also feature top-notch amenities like a large rooftop deck with views of Puget Sound and Mt. Rainier, a well-equipped gym, coworking areas, creative space, private work pods and a TV lounge.
The community is close to hundreds of thousands of jobs at the expanding SeaTac airport and thriving industrial hubs. The site is conveniently located across the street from the Angle Lake light rail station, connecting the community to cultural, employment, shopping and higher education options in Seattle, Bellevue, and Tacoma. The community also offers easy accessibility to all parts of the region with nearby access to I-5, I-99 and I-90.
Birchway Angle Lake design team included Weinstein A+U Architects, CT Engineers for structural engineering, Karen Kiest for landscape architecture and Lair Design for interior design. GMC Projects acquired the site in 2019 and secured the entitlements. Greystar is the project’s vertical venture developer, general contractor and property manager.
Pre-leasing for Birchway Angle Lake is expected to begin in early 2026, with the community scheduled for completion in mid-2026.
The NRP Group and JPS Health Network to Develop Thrive on Crawford Mixed-Income Community in Dallas-Fort Worth Market
FORT WORTH, TX -The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, in partnership JPS Health Network, announced the financial closing of a 67-unit mixed-income multifamily development in Fort Worth, Texas. Sixty of the units will be reserved for residents earning 30, 50 and 60 percent of the Area Median Income (AMI), with the remaining seven set aside as market-rate. The development will also include 2,200 square feet of commercial space leased to JPS Health Network to service residents and the surrounding community.
Thrive on Crawford exemplifies The NRP Group s commitment to providing more than just housing to our residents through nontraditional partnerships with organizations like JPS, said Max Whipple, Vice President of Development at The NRP Group. This project is a testament to how hospitals can play a transformative role in their communities, setting a new benchmark for development that mitigates social determinants of health throughout Texas. Thrive on Crawford is the culmination of years of collaboration with local organizations and financial partners, including Red Stone Equity Partners and CVS Health, to create an amenity-rich, wellness-focused multifamily community in a prime, high-opportunity location.”
Positioned next to a key site in JPS Health Network s $2.1 billion bond program expansion, Thrive on Crawford is part of a broader vision to enhance healthcare services across Tarrant County. The new community will provide essential housing options for healthcare workers, young professionals, and families, offering an urban lifestyle close to boutique shops, restaurants and entertainment venues.
Thrive on Crawford marks a pivotal moment in our commitment to providing affordable housing solutions to the residents of Tarrant County, said Karen Duncan, MD, MBA, President and Chief Executive Officer at JPS Health Network. This development is dedicated to fostering a vibrant community that prioritizes wellness and the stability of those who live and work in the area. We are pleased to partner with The NRP Group on this essential project, which is a core component of JPS Health Network s strategy to build a more resilient community where every individual can thrive.
The project will feature a variety of one-, two-, and three-bedroom apartments with high-end finishes. Amenities will include a business center, community kitchen and lounge, fitness center, children s playroom, and an outdoor playscape. Thrive on Crawford will also offer a comprehensive resident services program, including adult literacy workshops, financial training and youth afterschool and summer programs.
As JPS embarks on its major facility expansion project, we’re proud to contribute to this transformative moment with Thrive on Crawford, said Trent Petty, Board Chair of the Tarrant County Hospital District Public Facility Corporation. It’s about more than just homes—it’s about enhancing the health and wellbeing of our community as part of JPS’ ongoing commitment to serving Tarrant County and the JPS Board s commitment to revenue diversification to protect our ability to continue providing uninterrupted outstanding care to our patients.
Project financing was provided by JPMorgan Chase and Berkadia, with tax credit equity investment from CVS Health through an investment fund managed by Red Stone Equity Partners. Additional funding was provided by the Near Southside Financing Zone TIF and Texas Department of Housing and Community Affairs. Wynne Jackson and Servitas helped co-develop the community.
We are incredibly proud to support the NRP Group in developing a project that not only provides housing but also delivers essential health, wellness, social, recreational, youth and financial services to the community, said Annette Reschke, Executive Director of Chase Community Development Banking. Housing with access to vital services ensures residents have the resources they need to thrive.
We are grateful and proud to have partnered with NRP, JPS, CVS Health, and all of the project participants to provide high-quality, safe, healthy, and affordable housing for 67 families here in Tarrant County, said Darren Swanson, Managing Director of Red Stone Equity Partners. This cutting edge investment sits at the intersection of health and housing, and was made possible by the Low Income Housing Tax Credit, our nation s most successful housing program with a 38-year track record of success and a model of what public-private partnerships are all about.
CVS Health s investment in Thrive on Crawford is a local demonstration of the company s mission to improve the health of individuals across the country. This health and housing collaborative not only allows JPS essential and other local employees the opportunity to live in affording housing in the community in which they work but also provides all residents immediate access to important healthcare services including primary care, pediatric, behavioral health, orthopedics, cardiology, and oncology.
Our commitment to affordable housing is a key part of our mission to improve community health and address housing insecurity, said Stephanie Rogers, Chief Executive Officer, Aetna Better Health of Texas. Our investment in this new health focused development in Tarrant County is another step in our long-standing effort to support communities by providing not just housing, but also essential services that ensure residents flourish and have the tools they need for healthier, more secure lives.
Thrive on Crawford marks The NRP Group s fourth Health and Housing development, and the company s first in the State of Texas. The Dallas metro area remains a priority market for The NRP Group. The firm has developed over 6,000 units across 27 properties in the region, and recently broke ground on a new affordable housing development, The Fielder, in Mesquite.
Construction of Thrive on Crawford is already underway, with completion slated for early 2026.
Thompson Thrift Hosts Ribbon Cutting for 336-Unit Premier at West Park Luxury Apartment Community in Suburban Denver Market
GREELEY, CO – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for Premier at West Park, a 336-unit Class A multifamily community 50 miles from Denver in Greeley. The first residents began moving in during early summer of 2024 and the community is nearly 30% leased.
“Our communities are thoughtfully designed to create the perfect living environment for our residents to call home,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “From the moment residents step into Premier at West Park, they are met with details specifically designed with their experience in mind, from signature scents to luxury amenities and community events.”
Located at 3800 Centerplace Drive, Premier at West Park spans approximately 21 acres and consists of 10 three-story garden-style buildings, plus an additional 133 detached garages. The one-, two- and three-bedroom apartment homes include many of the luxury finishes that Thompson Thrift communities are known for including, gourmet bar-kitchens with elegant quartz countertops, timeless tile backsplash, stainless steel appliances, an Alexa-compatible smart hub to integrate all smart devices, walk-in closets, full-size washers and dryers, as well as patio, balcony and private yard options.
At the ribbon cutting, visitors were able to view model tours and preview the community amenities including a professionally decorated clubhouse, resort-style heated swimming pool, 24-hour fitness center, outdoor game area, gas firepits with seating area, a dog park, pet spa with grooming station and pickleball court, to name a few.
Thompson Thrift expects construction to conclude in early 2025. Additionally, in support of Thompson Thrift’s commitment to community outreach, they presented a check to local non-profit Weld Food Bank. Thompson Thrift’s donation will provide 6,000 meals to aid Weld Food Bank’s efforts in addressing food insecurity in Weld County.
Premier at West Park is just three miles from downtown Greeley and offers residents convenient access to U.S. Highway 34 with an easy commute to several of the area’s major employers. Directly adjacent to the community is Centerplace of Greeley, a major retail and dining destination which consists of national and local retailers such as Target, Safeway, Best Buy and T.J. Maxx.
Greystar’s 340-Unit Marlowe Brookwood Brings Upscale Living in a Suburban Garden-Style Community to Atlanta Submarket of Austell
AUSTELL, GA – Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that Marlowe Brookwood, the latest Marlowe-branded apartment community, is now pre-leasing and will welcome its first move-ins this fall.
Marlowe by Greystar provides suburban luxury living with quality brand new finishes, spacious amenities and modern design with easy access to urban conveniences.
“We are pleased to bring our Marlowe brand to west Cobb County,” Craig Gearhart, Sr. Director of Development at Greystar, said. “Marlowe Brookwood has remarkable amenities and high-level finishes in a suburban setting. It is our second community in the area, with Elan Brookwood located right next door.”
Marlowe Brookwood has 340 residences that come in one-, two- and three-bedroom floorplans ranging from 770 sq. ft. to 1,503 sq. ft. Two of the community’s five buildings are four-stories with an elevator. The other three are garden style.
Residences will have upscale finishes that include gourmet kitchens with an island or peninsula, stainless steel appliances, quartz countertops, wood plank-style flooring, plush carpeted bedrooms, ensuite wardrobe closets, tile backsplashes and showers, designer lighting and in-home washer and dryers. Some homes will have private balconies or terraces.
Community amenities include property-wide Wi-Fi for seamless connectivity, co-working spaces and conference rooms, a 24-hour wellness studio with cardio and free weights, bike storage room, gated dog park and dog spa, gaming lawn with ping pong and cornhole, a pool with ledge and chaise loungers. Residents can mingle in the fireside lounge, the clubroom with bar and great room or the elevated wine room and gathering lounge.
Thompson Thrift Expands into Idaho Market with 264-Unit The Logan Luxury Multifamily Development in Boise Submarket of Nampa
BOISE, ID – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced that it will develop The Logan, a 264-unit Class A multifamily community in Nampa, approximately 20 minutes southwest of Boise. The company expects to begin construction in October, with completion expected in winter 2026.
“Nampa is a rapidly growing area with significant unmet needs for new multifamily communities,” said Josh Purvis, managing partner for Thompson Thrift Residential. “We are very excited to be expanding into Idaho and believe The Logan will fill a significant need for residents seeking a high-quality apartment community with desirable amenities.”
Located at 2516 W. Karcher Road, The Logan will encompass approximately 12 acres and feature 264 apartment homes in three-story buildings. A variety of one-, two- and three-bedroom configurations will average nearly 1,000 square feet and offer several luxury amenities that Thompson Thrift communities are known for. Residents will enjoy homes with stainless steel appliances, glass-top ranges, hardwood-style flooring, a walk-in shower and multiple smart home capabilities. Additionally, select homes will feature cabinetry with soft-close doors, a deluxe closet system with shelving, premium lighting, a dry bar and advanced smart home capabilities. Private patios, balconies, yards and detached garage options will also be available.
Resort-style living will continue throughout the community with signature amenities, including an outdoor entertainment kitchen and grilling areas, a fully equipped 24-hour fitness center, a resort-style heated swimming pool, electric firepits with seating areas, a billiards and shuffleboard area, a dog park, bike storage and a Starbucks™ coffee bar. Residents working from home will enjoy the convenience of focus suites and community-wide wi-fi. An on-site service team, valet trash service and a user-friendly mobile app will also be available.
The Logan will have excellent visibility and connectivity to Karcher Road and I-84, providing easy access to the Boise metro’s employment hubs and the retail and recreational activities abundant in the Treasure Valley. Nearby major employers include Plexus, a global logistics leader; St. Luke’s Nampa, a not-for-profit health system and J.R. Simplot, a pioneering agricultural company focused on plant nutrition and food processing.
Nampa is Idaho’s third largest city and the country’s top boomtown, according to the latest Smart Asset ranking. Located in the scenic northwestern region that is home to Idaho’s wine country, Nampa provides an attractive outdoor lifestyle with various activities such as hiking, camping, fishing and skiing all within a short distance.
Canyon County, which includes the city of Nampa, has featured a population growth of 3.23% in recent years. Compared with other Northwest metro areas, the Boise area shines in terms of housing value. Boise’s Ada County and Nampa’s Canyon County have very similar statistics in regards to growth, but Canyon County currently has less than 20% of the total multifamily inventory and only 20% of the region’s development activity.
With the development of The Logan, Thompson Thrift enters its 23rd state and continues to expand its footprint across the country. The company has eight new residential developments targeted for 2024, including new markets in Georgia and Utah. Thompson Thrift 2024 Multifamily Development, LP will provide equity for The Logan.
Thompson Thrift is a full-service real estate development company focused on multifamily, ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. For nearly 40 years, Thompson Thrift has invested more than $5 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily, commercial and industrial projects.
Greystar Announces Opening of 282-Unit Summerwell Parkway Village Build-for-Rent Community in Atlanta Submarket of Union City
UNION CITY, GA – Greystar Real Estate Partners, a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that Summerwell Parkway Village hosted a ribbon cutting to celebrate its grand opening.
Summerwell is Greystar’s dedicated Build for Rent brand focused on developing purpose-built, single-family rental communities across the United States. This approach to build for rent adds single-family housing supply while striving to deliver efficient and scalable communities in target markets that need this product most.
“Union City is a quiet part of the Atlanta market that is primed for single family homes that provide renters more space and privacy without the worries of maintenance or home ownership,” Joe Parsons, Managing Director of Investments for Greystar said. “Summerwell Parkway Village has beautiful homes with amazing amenities, and we are extremely excited to bring Greystar’s build for rent product to the community.”
Summerwell Parkway Village consists of 282 townhomes in three- and four-bedroom layouts that range from 1,500 sq. ft. to 1,885 sq. ft. Each one features a two-car garage and fully fenced-in front or back yard, smart home features including electronic locks, thermostats and hub, GE stainless steel, energy-efficient and large capacity appliances, and spacious open floor plans.
The community has onsite nature trails as well as a resort-style swimming pool with sun deck, fitness center, resident clubhouse, dog park, playground, professionally landscaped yards. And on-site maintenance
Additionally, Summerwell Parkway Village will have community-wide Wi-Fi that has speeds of up to 1Gbps, a property-provided router, minimal dead zones, no network interference, a secure individual profile and a self-healing mesh network. Residents will be able to access the network from anywhere on the property without losing their connection.
Lincoln Avenue Communities and Headen Spring Development Partner to Create New Affordable Housing Community in Maryland
RIVERDALE, MD – Lincoln Avenue Communities, a mission-driven developer and owner of affordable housing, and Headen Spring Development, LLC, a partnership between Refreshing Spring Church of God in Christ and its non-profit affiliate, Sowing Empowerment & Economic Development, Inc. (SEED), announced their collaboration to develop Headen Spring, a multi-generational, mixed-income community to be built on a 10-acre site adjacent to the Riverdale Park Purple Line Station.
“Following a comprehensive selection process, we are delighted to partner with LAC to bring our vision to a much-needed reality for many families in our community,” said Refreshing Spring Senior Pastor Bishop James E. Jordan, Jr. “Headen Spring will include features that incorporate design and programmatic elements that support the mental, social and physical health of the residents and the surrounding community, and LAC is the right partner to guide us through this important process.”
Lincoln Avenue Communities is a leading acquirer and developer of affordable housing, with a nationwide portfolio of 155 properties across 26 states. As a mission-driven company, LAC works to expand access to affordable homes and strengthen communities, providing valuable services for residents and enhancing the quality and long-term resiliency of the properties they call home.
“We’re thrilled to partner with SEED and Refreshing Spring Church on this transformative new development, which will offer amenity-rich, affordable, transit-oriented housing in Riverdale,” said Stacy Kaplowitz, LAC Vice President and Managing Regional Partner. “LAC is committed to expanding access to affordable housing and resident services for families, seniors and individuals across the country in partnership with impact-driven organizations like Headen Spring Development.”
The conceptual master plan seeks to create a dynamic, urban environment for residents with amenities that support active living and promote a healthy lifestyle. The plan includes a mix of multifamily housing, a community building with amenities focused on the health, education and the empowerment needs of families within the community; and green space and walkable trails to continue the pedestrian experience from the light-rail station.
“Partnerships between mission-driven developers and our non-profit communities are essential to increasing high quality, affordable housing options for County residents,” said Angie Rodgers, Deputy Chief Administrative Officer for Economic Development for Prince George’s County. “This project aligns with our key economic development goals for growing jobs and the commercial tax base, anchored by infrastructure that serves a range of household incomes, especially around transit-oriented development opportunities.”
Refreshing Spring Church has been a staple of the Riverdale community since 1976. The Church’s ministry focuses on the whole needs of individuals and families, which led to the creation of Headen Spring Development LLC with SEED as the managing partner. SEED’s mission has been to provide basic needs for families with the goal of transitioning them from dependency to self-sufficiency. This mission is fulfilled through a variety of community development programs designed to improve the lives of those in need.
“We are excited to move forward and engage in this level of community development with an industry leader like LAC,” said SEED President & CEO Lisa Butler McDougal. “Headen Spring will set the standard for transit-oriented development along this important corridor in Prince George’s County and throughout the region.”
For 20 years, SEED has been servicing the local community. SEED provides food, clothing, education and training while promoting self-sufficiency and empowerment directly to low- to moderate-income families and communities. In addition to operating as a HUD approved housing counseling agency, SEED operates a K-8 charter school, afterschool and summer enrichment programs, and an emergency food distribution center.
Quarterra Multifamily Announces Start of Construction on 288-Unit Emblem Summerville Apartment Community in Charleston Submarket
SUMMERVILLE, SC – Quarterra Multifamily, a subsidiary of Lennar Corporation and a multifamily apartment developer, property manager, and asset manager, announced the start of construction at Emblem Summerville, an attainably priced community located in the historic city of Summerville, South Carolina, 25 miles northwest of Charleston.
Emblem Summerville is a 288-home garden style community with spacious modern homes, an extensive amenities package and easy access to regional employers, schools, outdoor recreation, retail and dining. Emblem Summerville is Quarterra’s second Emblem community in South Carolina, joining Emblem Cane Bay North, also in Summerville. Nationwide, Quarterra has delivere 8 Emblem communities to date, with more than 20 currently in the pipeline.
“Emblem Summerville is designed based on a tested and proven development blueprint for high-quality yet attainable housing,” said Doug Bober, Senior Managing Director – Product and Operations with Quarterra. “Emblem Communities were designed to deliver a top-notch product to meet the housing needs of the often overlooked middle-income renter. Emblem Summerville is a decisive next step in addressing that need in the Summerville / Charleston market, and a continuation of Quarterra’s nationwide effort to create a healthier housing market.”
Quarterra created the Emblem program to help address the national shortage in supply of attainable housing for middle-income renters. Tapping into parent-company Lennar’s proven scalable construction capabilities, Emblem property development deploys a programmatic approach that utilizes consistent high-end interior finishes from one Emblem community to the next. Amenity designs and property features such as social rooms and fitness centers also follow a consistent prototype. The focus on consistency allows Emblem developments to reach the market within an expedited time frame.
Situated at 44000 Owl Wood Lane, Emblem Summerville will put residents within easy access of local retail centers including The Market at Cane Bay (anchored by Publix), North Creek Marketplace at Nexton and The Shoppes at Nexton. Residents will also be in close proximity to coffee and dining spots such as Starbucks, Famuliari’s Pizzeria, Rio Chico Mexican, Eggs Up Grill, Agaves Cantina, Buffalo Wild Wings, The Rustic Muffin, Taco Boy and Halls Chophouse. An active lifestyle is accommodated by the nearby walking and biking trails of Cane Bay Plantation and Cane Bay Family YMCA.
Emblem Summerville’s location just off U.S. Route 176 provides seamless connectivity to U.S. Route 17 and 52, as well as Interstate 26, for easy commutes to Goose Creek, Summerville, Ridgeville and North Charleston. Major regional employers include Boeing, Volvo, WalMart, Mercedes Benz/Daimler, Bosch and Joint Base Charleston.
Homes will include one-, two- and three-bedroom options, ranging from 738 to 1,434 square feet. Well-appointed interiors will be highlighted by pendant lighting over kitchen islands, stainless steel Whirlpool appliances, quartz countertops with tile backsplashes and luxury vinyl plank flooring throughout. Bathrooms will feature oversized tubs with tile surrounds and quartz countertops, and carpeted bedrooms will be designed to optimize natural light with walk-in closets and expansive shelving.
Emblem Summerville’s residents will have full access to a clubhouse with indoor lounge, pool deck with a sun shelf, two outdoor amenity areas with grilling stations, pet park, fitness center, 516 surface parking spaces and 45 garages available for rent.
Emblem Summerville is Quarterra’s third South Carolina community, following Cane Bay North and Cormac in Charleston.
Greystar Breaks Ground on 402-Unit Birchway Eastfield Station Garden-Style Apartment Community in Suburban Charlotte Market
CHARLOTTE, NC – Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, announced the groundbreaking of its latest Birchway-branded property, Birchway Eastfield Station, a new apartment community in Charlotte, NC. The project represents the first transaction capitalized in a strategic venture between Greystar and Whitman Peterson.
Birchway by Greystar invites residents to enjoy comfort in suburban garden-style communities, providing practicality, tranquility, and convenience. Rooted in community, the Birchway brand offers the conveniences of the city without city prices.
“We are extremely proud to bring Birchway Eastfield Station to Charlotte,”Mike Sullivan, Director of Development, said. “With our focus on providing new apartments at competitive rent levels, we were able to work together with Whitman Peterson and would also like to thank both CIBC Bank USA nd Synovus Bank for their partnership in providing the senior loan in a challenging capital environment.”
Birchway Eastfield Station will offer a total of 402 apartment units comprising one-, two-, and three-bedroom layouts. Moreover, it will feature top-notch facilities like a large pool, well-equipped gym, coworking space, creative space, private work pods and a TV lounge. As part of a separate phase, Greystar will be completing earthwork for 110 townhomes. The pads will be sold to a home builder at a future date.
The community is surrounded by single-family homes to the north and east and is close to thriving industrial hubs to the south and west. Additionally, the development is conveniently located near popular shopping destinations like Northlake Mall, Shoppes at Highland Creek and the soon-to-be-opened Prosperity Village. For commuters, the community offers effortless accessibility to all parts of the city with nearby entrances to three major highways. Uptown Charlotte is a short 15 minute drive, while other areas of the city can be easily reached due to the site’s proximity to I-485 and I-77.
Adding to the appeal of this community is its immediate proximity to Clarks Creek Nature Preserve, which offers residents walking trails, a dog park, pickleball courts and a community garden. The site provides ample room for landscaping and additional amenities.
Birchway Eastfield Station’s design team included KTGY for architecture, Urban Design Partners for civil and landscape design, South Park Interiors for interior design and EM Structural and Jordan Skala for structural and MEP designs.
Pre-leasing for Birchway Eastfield Station is expected to begin in late 2025, with the community scheduled for completion in mid-to-late 2026.