The following article appeared in the 1/24/23 edition of Charlotte Business Journal:
Beauxwright starts construction on project adding for rent-townhomes in Charlotte's Highland Creek
By Elise Franco
Staff Writer, Charlotte Business Journal
Construction has begun at Charlotte-based Beauxwright's 7-acre mixed-use development in north Charlotte.
The commercial real estate developer partnered with White Point Partners and Copper Builders, both out of Charlotte, on 89 three-story, build-for-rent townhomes and 4,000 square feet of retail space. The development, called Larkhall, is at Old Ridge and Prosperity Church roads in the Highland Creek neighborhood.
White Point is leading the retail construction and leasing, while Copper Builders is handling design and construction of the townhomes using a custom-homebuilder approach. The first series of buildings are slated to deliver in late 2023.
Andy Lucas, principal at Beauxwright, said Larkhall will be a unique option for Charlotte residents. The site is within walking distance of several shopping centers and provides easy access to interstates 485, 77 and 85.
“Our goal is to create a setting that combines suburban comfort and urban walkability. This is an increasingly important factor for people considering townhome living, especially millennials," he said. "This is a central point between uptown Charlotte, UNCC and Charlotte Douglas International Airport.”
Smaller lot sizes and vertical construction give Larkhall a walkable, urban identity, Lucas said. The unit design is inspired by European villages and the Pacific Northwest, using Earth tones, white Hardie siding, sage and dark olive bases and black roofing. Each unit will have ground-floor garage parking.
“Consumer demand in the build-for-rent market is shifting to denser developments, and this project represents an evolution within the established Highland Creek community,” he said. “We want residents to feel they’ve found the perfect combination of urban and suburban living.”