Exciting Development Proposal Near Lake Norman in Mooresville: Cadia Mooresville Transformation Planned

Exciting Development Proposal Near Lake Norman in Mooresville

Mooresville is buzzing with news of an ambitious project on the horizon! Developers from Pappas Properties have their sights set on a significant new development dubbed Cadia Mooresville, which will take shape on a sprawling 98-acre site located at 1740 Mecklenburg Highway. This project is set to transform the landscape of the area, and the first step is a rezoning request that the Mooresville Planning Board is scheduled to discuss tomorrow.

What is Cadia Mooresville?

Cadia Mooresville is not just a single development but a multi-faceted project that envisions a blend of residential and commercial spaces. According to the planning documents, the proposal outlines the construction of up to 875 residential units alongside a whopping 397,000 square feet of commercial space. Sounds impressive, right?

For those looking at housing options, the project promises a diverse range. Residents can anticipate various styles including detached homes, townhouses, cottages, and apartments. Additionally, the commercial aspect is equally enticing, featuring a mixture of retail, grocery, banking, office space, and even a hotel. Talk about a one-stop destination!

Phased Construction Plan

What’s particularly interesting is that the development will roll out in phases. The planning details indicate that it will develop in four distinct stages. The first phase is geared toward “lower intensity” residential uses, which means that the early stages will focus on creating a community feel. The second and third phases are being developed with a mixed-use approach in mind, incorporating both multifamily residential options and commercial elements for shopping and dining. Finally, the fourth phase aims for a more vibrant retail and office hub, which could also include a hotel. Overall, it sounds like a thoughtfully planned community!

Inclusivity and Wellness

In an exciting twist, a portion of the residential units will specifically cater to residents aged 55 and older. This age-restricted segment of Cadia Mooresville also promises wonderful amenities, including a wellness center replete with walking paths and trails that encourage a healthy and active lifestyle.

Recommendations and Conditions

It’s intriguing to note that Mooresville’s planning staff has already put forth a recommendation for the rezoning request. They believe that the project is in the public’s best interest and will foster both economic growth and a supportive living environment. However, there are conditions to be met, focusing primarily on transit issues that could impact the project’s scope.

For instance, if the planned Red Line transit project doesn’t secure full funding or if a construction schedule isn’t put in place within the next five years, the developers can adjust their plans. This would mean a reduction in both residential units and commercial space, down to a maximum of 625 residential units and 279,000 square feet of commercial offerings. It’s a smart measure to ensure flexibility based on market forces and infrastructure readiness!

Looking Ahead

While the timeline for bringing Cadia Mooresville to life remains unclear, it hinges on the rezoning process, as well as the completion of the East-West Connector road project. In essence, this means we can expect construction to move forward in alignment with local demand and planning processes.

Pappas Properties is no stranger to the area, being a recognized name in Charlotte’s development scene. With their impressive portfolio and track record, the company is definitely a key player to watch as the Cadia Mooresville project unfolds.

Stay tuned, Mooresville! This exciting project has the potential to make your community even more vibrant and neighborly.