The developer closed the deal on Tremont Avenue this week.
ATLANTA (Jan. 26, 2017) – Pollack Shores Real Estate Group closed on its latest luxury multifamily project this week at 327 and 349 Tremont Ave. in Charlotte, North Carolina. Design is currently underway on the 350-unit apartment community, which is located within walking distance of Atherton Mill in South End. The apartment community is expected to open in late 2018.
In addition to luxury residential units, the project will include 2,500-square-feet of street level retail. “This is a vibrant, walkable corridor, and offering street level retail will add to the street energy and walkability of the neighborhood,” said Steven Shores, president and co-founder of Pollack Shores.
The residential units will feature stone countertops, stainless steel appliances, an upscale pool courtyard, clubroom, sky lounge, two courtyards with outdoor kitchen amenities and a dog park. The community will also offer Live Work Units, which feature street level commercial space fronting Tremont Avenue. The land parcel is zoned for mixed-use.
“There is a lot of momentum and growth happening in Charlotte’s South End,” said Palmer McArthur, development manager at Pollack Shores. “We anticipate continued great housing demand in this neighborhood, and we look forward to delivering a quality multifamily product that aligns with the culture of this unique community.”
Residents will enjoy easy access to Charlotte’s popular Rail Trail and walkable dining and shopping, including Sycamore Brewing and Atherton Mill, which is undergoing renovations and adding more stores to the neighborhood. In addition, the iconic food and beverage mart, The Common Market, is relocating to 235 West Tremont Ave., just steps away from Pollack Shores’ planned apartments.
Known for acquiring, developing, managing and investing in best-in-class multifamily communities, Pollack Shores is currently active in Atlanta, Orlando, Tampa Bay, South Florida, Raleigh, Charlotte, Nashville and Richmond. Since opening in 2006, Pollack Shores has invested in, acquired and developed over 14,500 units representing in excess of $2 billion of total capitalization exclusively in a number of Sun Belt cities. For more information, please visit www.pollackshores.com.
About Pollack Shores Real Estate Group, LLC
Pollack Shores is an award-winning full service real estate company creating value through multifamily investment opportunities in the Southeast. Founded in 2006, the Atlanta-based company currently manages a balanced portfolio of nearly 16,000 multifamily units representing in excess of $1.3 billion in total assets. Pollack Shores fully embraces the core value of service to its community, its residents and its clients. In 2015, the National Association of Home Builders awarded Pollack Shores the prestigious title of Development Firm of the Year.