RangeWater Wraps Up Charlotte Luxury Community

By Claudiu Tiganescu | Contributer, Multi-Housing News

RangeWater Real Estate has wrapped up construction on The Kendry, a 300-unit luxury community in Charlotte, NC. In its fifth collaboration with RangeWater, McShane Construction Co. served as general contractor. In addition, Poole & Poole Architecture provided design services.

The development team broke ground on the project in 2021. A $38.8 million loan from by Renasant Bank financed its construction, Yardi Matrix data reveals.

Spanning 28 acres, The Kendry encompasses three garden-style buildings with one- to three-bedroom floorplans ranging between 704 and 1,409 square feet. Units feature granite countertops, walk-in closets and private balconies or patios, among others.

The community amenity package, measuring nearly 10,000 square feet, includes a swimming pool, a couple of courtyards, a gym, a game room and a Zoom room, to name a few.

Located at 8402 IBM Drive at the intersection with West W.T. Harris Boulevard, the property is less than 1 mile from Interstate 85. Several dining and retail options are within 2 miles of the community, while Charlotte’s city center is roughly 9 miles southwest.

Read the MHN article here.