YOUR NEW LANDLORD: THE CHURCH

The Catholic Diocese of Charlotte wants to build affordable multifamily homes for as many as 260 elderly people and 26 handicapped adults on almost 21 acres the diocese owns at South Tryon and Savannah Club Drive, according to recently filed petition documents.
 

The as yet unnamed community may also include an adult daycare center and non-denominational chapel seating up to 100. Total development cost has not been determined, says the diocese?s Jerry Widelski,  executive director of the   church?s 501(c)(3) housing corporation. The goal is to make affordable living available to retirees on fixed incomes and to adults with mental or physical impairments, Jerry tells us. The project is still very much a work in progress. Should it choose to add the daycare center, for example, the number of units for the elderly would be pared back by about 60. And rental rates have not been set. Much will depend on the outcome of a HUD loan application the diocese is now preparing to submit in June, Jerry tells us. A public hearing on the rezoning request (from mixed-use and multifamily to institutional) is scheduled for July 18.

 

Continue reading this story with a free account

Log in or register
Related Topics: South Tryon
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Charlotte Extends Data Center Moratorium For 11 More Months

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Developer Buys Land For Active Adult Apartments Near Novant Health Hospital

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error