A Charlotte developer plans condominiums in a
westside neighborhood where demand for houses is so strong that for-sale
signs seldom go up.
Bobby Drakeford of The Drakeford Co. has rezoned
about seven-tenths of an acre in the 700 block of Grandin Road just off
West Morehead Street in Wesley Heights for The Grandin.
He plans a dozen 900-square-foot flats in a
three-story building and six 1,050-square-foot townhome units in three
buildings.
Prices start in the low $120,000s for flats and
the low $150,000s for townhomes -- a range likely to appeal to young
couples and single professionals.
Drakeford will break ground when at least half
the units are sold. He would like to start work by April and complete
construction within 10 months.
Wesley Heights -- a mile west of The Square --
was developed in the early 1920s as a streetcar suburb by E.C. Griffith,
also pivotal in the development of Eastover, Myers Park and Elizabeth.
Urban pioneers rediscovered Wesley Heights in the
1980s and 1990s, making its bungalows, cottages and small four-unit
apartments hot properties.
Griffith is credited with having the foresight to
extend West Morehead across Irwin Creek through the edge of the
neighborhood to Wilkinson Boulevard, giving residents excellent access to
uptown.
That's an attraction today as suburbanites seek
to move closer to the center city's cultural amenities, restaurants and
employers.
Not far behind Drakeford's project in Wesley
Heights is LandCraft Properties Inc. with a much larger residential
development.
LandCraft principal Frank Martin said the company
plans about 75 townhomes and 65 single-family houses on Woodruff Place
near Freedom Drive.
Martin said LandCraft will begin preparing lots
for builders in the spring on about 13 acres and donate about 12 more
acres to the county's greenway system. Three builders expect to start
construction of the first homes in August.
Drakeford's project, valued at about $2.5
million, is within Wesley Heights' historic district, which includes about
225 houses and 65 multi-family units.
Adhering to the historic district's guidelines,
The Grandin's flats and townhomes will feature natural wood and brick --
no synthetic materials, he said.
The two-story townhome buildings will mimic the
neighborhood's bungalow-style architecture with porches and columns in
front.
Garages and decks will be built in back.
The three-story condo building will feature metal
"architectural" staircases in front and small balconies off
living areas.