Redwood Living, Inc. expands across Charlotte with three new apartment neighborhoods

Redwood Living, Inc. • February 13, 2023

Significant Expansion is on the Horizon for Redwood Apartment Neighborhoods in Charlotte, NC

Ohio-based developer and manager of single-story apartment homes, Redwood Living, Inc., is significantly expanding in Charlotte, adding 268 apartments in three neighborhoods across the region. 


“Unlike traditional apartment complexes, no one lives above or below you in a Redwood home. Our signature design offers residents single-story floor plans with two bedrooms, two bathrooms, and a two-car attached garage,” said Steve Kimmelman, CEO of Redwood. “Since first entering the market in 2018, it’s been clear that people in Charlotte and its surrounding areas desire Redwood’s business model for apartment home living.”
 
Renters continue to flock to Redwood’s neighborhoods because they offer the amenities residents desire: spacious eat-in kitchens with large pantries, open floor plans, large closets, washer and dryer hookups, full-size appliances, and vaulted ceilings. Plus, Redwood’s teams take care of home maintenance and lawn care, allowing residents to focus on what matters, enjoying life. 


Each floor plan includes an individual street address, private entrance, a flexible den space for use however residents desire (often an office, workout area, or craft space), and the ability to have up to three pets—a rarity in the apartment rental space.


“Residents love the lifestyle of living in a Redwood Neighborhood, and we are thrilled to bring that experience to three more communities near Charlotte this year.”


Redwood’s three new area neighborhoods include:


Redwood Charlotte Harris Houston Road

Location: 5110 Red Alder Lane
This neighborhood is adjacent to the University of North Carolina campus and is located 16 miles from Downtown Charlotte. Residents will enjoy convenient access to some of Charlotte’s best commercial and entertainment destinations, including Concord Mills, PNC Music Pavilion, Charlotte Motor Speedway and several parks and golf courses. 

Property acreage: 20
Number of apartments
: 73
Number of floor plans: 5
Square footage range: 1,294-1,709 
Monthly rent: $1,999-$2,499
Timing: the first residents are expected to move in by April 2023
Neighborhood contact: (844) 954-4754 // Charlotte2@byRedwood.com  



Redwood Kannapolis Parkway

Location: 5476 Milestone Avenue
Ideally situated within minutes of Oak Avenue Mall, Vietnam Veterans Park and Frank Liske Park, along with the region’s picturesque running and biking trails. Commuters will enjoy convenient access to downtown via Interstate 85 or Amtrak. 

Property acreage: 37
Number of apartments: 99 (phase one)
Number of floor plans: 7
Square footage range: 1,294-1,709 
Monthly rent: $1,999-$2,499
Timing: the first residents are expected to move in during February. Timing for phase two (60 apartments) will be announced separately. 
Neighborhood contact: (855) 980-5862 // Kannapolis@byRedwood.com 



Redwood Troutman

Location: 145 Macel Drive
Located within close proximity to recreational offerings such as Alex Cooper Park, Lake Norman State Park and Kids@Play, along with several retail destinations. 

Property acreage: 20
Number of apartments: 96
Number of floor plans: 6
Square footage range: 1,294-1,709 
Monthly rent: $1,674-$2,174
Timing: the first residents are expected to move in by April 2023

Neighborhood contact: (844) 917-0621 // Troutman@byRedwood.com 



Redwood has developed and manages 15,000 apartment homes in more than 120 neighborhoods throughout the Midwest and Carolinas, with more under construction each day. For information about upcoming projects and how to get involved, contact our team!


Redwood Living Inc BTR Tenant Survey Flooring and storage
By Redwood Living, Inc. November 27, 2024
Ample storage and quality flooring are among the amenities build-to-rent tenants are seeking most as they decide where to live. Storage is a particular pain point, especially in horizontal apartments, according to the 2024 Build-to-Rent Tenant Survey.
More build-to-rent tenants say they rent because they want to
By Redwood Living, Inc. October 25, 2024
An increased number of build-to-rent tenants say they’re renting by choice, according to the 2024 Build-to-Rent Tenant Survey.
Midway through 2024, Redwood reports strong results
By Redwood Living, Inc. August 15, 2024
Redwood reports out on its success thus far in 2024, with an outlook on the rest of the year.
Amid market fluctuation, multifamily can remain key investment strategy
By Redwood Living, Inc. August 9, 2024
The CBRE 2024 Global Multifamily Investor Intentions Survey found that among all major real estate sectors, “multifamily remained the top acquisition target this year."
2024 NAA Top Employer
By Redwood Living, Inc. June 11, 2024
The results are in – Redwood has been named a 2024 NAA Top Employer by the National Apartment Association, adding to its list of national accolades that recognize outstanding company culture.
Pet friendliness is a heavy draw in build-to-rent communities
By Redwood Living, Inc. May 9, 2024
As many as two-thirds of residents say pet friendliness is a very important part of their housing decision. Find out what else the survey discovered.
Why they lease: Build-to-rent tenants cite location as their top decision driver
By Redwood Living, Inc. April 15, 2024
Part4 of the BTR Tenant Survey results, by the New Home Trends Institute, talks about location as a factor influencing tenant home choice.
BTR Tenant Survey highlights importance of on-site maintenance
By Redwood Living, Inc. April 2, 2024
Part 3 of the BTR Tenant Survey results, by the New Home Trends Institute, highlighting maintenance importance to renters.
In transition: Build-to-rent communities attract residents on the move
By Redwood Living, Inc. March 1, 2024
Part 2 of the BTR Tenant Survey results, by the New Home Trends Institute, part of John Burns Research & Consulting.
The affluence effect: Build-to-rent tenants reflect higher incomes, former homeownership
By Redwood Living, Inc. February 16, 2024
Read how income and past homeownership plays into who rents in BTR. Data is part of a 2023 survey for the New Home Trends Institute, part of John Burns Research & Consulting, which Redwood Living, Inc. participated in along with several others in the industry.
More Posts
Share by: