Trei Real Estate , an international developer and asset holder for residential and retail real estate, and its local development partner just kicked off the construction if its fourth multi-family housing development in the United States. The 343-unit project is called “LoSo Village” (for “Lower South End”) and is located just five kilometres south of downtown Charlotte, North Carolina. As with its other US developments, Trei is collaborating with a local joint-venture partner. Proffitt Dixon Partners, an investment and development company focusing on high-end multifamily communities in the south-eastern United States, has already acted as Trei’s development partner on prior projects in Charlotte and Nashville, Tennessee. Construction commencement is planned for October 2021, and completion is anticipated in 2023.
The LoSo Village project will be a five-story building served by an attached parking garage. In addition to 343 residential units, the project includes a resident lounge, rooftop terrace, saltwater pool, fitness center, resident office space, and an expansive dog park. The site area is approximately 13,600 square metres while the leasable area totals approximately 24,500 square metres.
Source : Trei Real Estate