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Cedar/Morehead sits on 2.23 acres in the heart of the Gateway 3rd Ward district of Downtown Charlotte at the corner of West Morehead Street and South Cedar Street. As part of the city’s urban renewal, Cedar/Morehead is earmarked for a 320,000 square foot mixed-use development.
Directly across the street from site, Beazer Homes (NYSE:BZH) is constructing 500 townhomes. Currently, there are over 3,498 apartment/condominium/townhome projects under development in downtown Charlotte. The district is within walking distance of the arts, restaurants, and entertainment and the Charlotte financial hub. Cedar/Moorehead is also within walking distance of the Carolina Panthers stadium and the district is poised as the location for a new minor league baseball stadium
Investors have the opportunity to be part of this exciting land investment while this site is prepared for construction. Upon completion of preparation, investors can either sell their interest or remain part of the project development. .
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