About the Property
New home ownership has become increasingly challenging in Charlotte, thanks to rapid population growth (44,000 new residents in 2020), rising home prices (13% in the last year) and skyrocketing demand throughout the pandemic. NoDa Junction meets the need for well-located, urban and attainable housing with close proximity to public transportation. This new townhome community is currently under development on the next frontier in Charlotte. NoDa Junction’s location on Raleigh Street is not only adjacent to the city’s desirable NoDa Arts District, it is just a quarter-mile from the Sugar Creek Light Rail Station on the city’s LYNX Blue Line, providing easy access to Uptown Charlotte, UNC-Charlotte and South End.
Future homeowners in NoDa Junction will benefit from nearly $1 billion in planned development in their neighborhood. Sugar Creek Station is a growing transit center where the Trailhead District is expected to bring hundreds of rooftops, an extension of the Cross-Charlotte Trail, Charlotte’s newest independent film theater, a music hall, and several dynamic mixed-use projects featuring office and retail.
Beauxwright was attracted to the area and the opportunity because of our proven success in developing unique for-sale residential properties in emerging urban, walkable locations, with homes at relatively affordable price points. In partnership with homebuilder Pulte Group, the 4.29-acre community will offer 68 three-story 16’ wide single family attached townhomes. We began our land development activity in 2021, and vertical construction will commence in late 2022. First homes are expected to be available in mid-to-early 2023.