Exciting Development in Charlotte: McAlpine Vista Takes Shape!
Hey there, folks! If you’re in Charlotte, North Carolina, you’re in for a treat. Big news in the Queen City as Vista Residential Partners has officially secured $43.6 million in construction financing for a brand new multifamily complex called McAlpine Vista. This project promises to bring a fresh wave of luxury living right to our backyard!
What’s the Scoop?
So, here’s the lowdown: the financing for McAlpine Vista comes courtesy of Hartford Investment Management Company. It’s structured as a three-year, nonrecourse, floating-rate construction loan. For those curious about the deal-making side of things, JLL Capital Markets’ Matthew Schoenfeldt was behind the scenes arranging all the details.
Just a month ago, Vista Residential Partners announced that they were officially breaking ground on this impressive project, which will feature a total of 320 units! Residents can look forward to a variety of living options, including spacious one-, two-, and three-bedroom apartment homes that cater to a range of lifestyles and budgets.
Location, Location, Location!
McAlpine Vista is located at 8011 Krefeld Glen Drive in the East Forest neighborhood, about nine miles southeast of downtown Charlotte. One of the highlights of this location is its proximity to the stunning McAlpine Creek Park, which sprawls across 114 acres, offering plenty of green space for outdoor enthusiasts. Right next door is the six-mile stretch of the McAlpine Creek Greenway, perfect for walking, jogging, or biking!
Add in the ease of access to Highway 74, and you’ve got a property that’s not just a beautiful home but also well-connected to Charlotte’s vibrant central business district. Whether you’re commuting for work or heading out for a night on the town, you’ll have everything you need within reach.
Amenities That Wow!
What sets McAlpine Vista apart are its outstanding amenities that promise to enhance residents’ lifestyles. Think of a chic clubhouse and a well-equipped fitness center covering an impressive 7,750 square feet. For those who like to combine work and play, there will also be coworking spaces, allowing you to live and work all within the same community—how convenient is that?
And let’s not forget the promised sparkling pool where you can just relax after a long day, soaking up the sun and enjoying the lovely Charlotte weather!
When Can We Move In?
For those eagerly awaiting their chance to move into McAlpine Vista, mark your calendars! The complex is expected to be completed by September 2026. While that may seem a bit far off, the excitement is building for what promises to be a wonderful addition to our community.
In Conclusion
As construction gets underway, the McAlpine Vista project is poised to become a beloved home for many residents in Charlotte. With top-notch amenities, a fantastic location, and a variety of living options, it’s clear that this development aims to meet the needs of the modern urban dweller. Stay tuned for more updates as we get closer to the grand opening!
So, whether you’re looking to relocate or simply interested in the latest happenings in Charlotte real estate, McAlpine Vista is definitely one to keep an eye on!
