Charlotte, Feb. 04, 2021 (GLOBE NEWSWIRE) — Elevation Real Estate Group, a Charlotte-based real estate company, in partnership with Great Lakes Capital, recently completed the purchase of 18.6 acres of land at the southeast corner of Charlotte Highway (Highway 21) and East Waterlynn Road in Mooresville, North Carolina. The parcel will be developed into a 204-unit multi-family mixed-use complex and will be known as Granger Village.
Located near Exit 33 of Interstate 77 by Lake Norman, Granger Village will feature multi-family units as well as two commercial parcels that may include 15,500 square feet of retail, restaurant, and medical office space. The location of Granger Village is perfectly situated less that one mile from well-established retail shopping, grocery stores, hotels, the Lake Norman Regional Medical Center, Lowe’s Home Improvement corporate headquarters, and other key employment nodes within the Mooresville community.
Construction is slated to begin in the second quarter of 2021 with an anticipated initial opening in the second quarter of 2022. Leasing is planned to begin in late 2021. The architectural firm on the project is Finley Design of Raleigh, North Carolina. The architectural style of the multi-family buildings will be more of an urban look than traditional garden