1,500 new homes + grocery store planned for Providence Road corridor
Developers Levine Properties, Northwood Ravin and Inlivian join forces for 115-acre mixed-use redevelopment
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Developers announce plans for 115-acre mixed-use redevelopment; homes, retail, office, grocery
(Photo illustration courtesy of Levine Properties)
by Tony Mecia
Three developers are teaming up on plans to redevelop 115 acres in the Providence Road corridor in south Charlotte.
Plans announced Tuesday by Levine Properties, Northwood Ravin and Horizon Development Properties call for:
up to 1,500 new housing units, including about 225 affordable/workforce units
a 100,000 s.f. grocery store
80,000 s.f. of “smaller boutique retail” (with no drive-thrus)
45,000 s.f. of office
The site is near the intersection of Providence Road and Sardis Lane, which is south of the Landsdowne neighborhood and north of Alexander/Rea roads. It includes the redevelopment of the Crest on Providence apartments and the Gladedale apartments, and has as its center the Providence Square Shopping Center. Gladedale, which consists of affordable housing, is run by Inlivian (formerly the Charlotte Housing Authority).
Plans by three developers, including a subsidiary of affordable housing nonprofit Inlivian, call for up to 1,500 new residential units and a new grocery store off Providence Road in south Charlotte.
Most of the existing development in the area is 50 or 60 years old and set off from the street — the nearby spot most south Charlotte drivers will know is the Exxon station at the corner of Providence and Old Providence roads.
The news was first reported this afternoon by the Charlotte Business Journal (subscriber-only).
Debate ahead? The redevelopment and expansion of the housing component could bring new life to the area, but it will also likely stir opposition from people in south Charlotte who already object to worsening traffic on Providence Road. Nearby residents might favor some aspects of the development — like the addition of a yet-unnamed grocery store — while being worried about the effects of a larger project. There used to be a Harris Teeter in the Providence Square center, but it closed years ago.
It is rare to have a development or redevelopment of this size in south Charlotte, where land is scarce.
Levine Properties president Daniel Levine said in the news release that the plans “would energize an area in need of revitalization and bring the idea of 10-minute neighborhoods to life, where people can access most day-to-day needs within a short distance from home.”
The three separate rezoning requests require the approval of the City Council, which would likely take up the issue in the second half of this year.
The land covered by three rezonings would contain a mix of housing types, such as single-family, townhomes and affordable apartments, on both sides of Providence Road. (Map from rezoning filing)
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Executive editor: Tony Mecia; Managing editor: Cristina Bolling; Staff writer: Lindsey Banks; Contributing editor: Tim Whitmire, CXN Advisory; Contributing photographer/videographer: Kevin Young, The 5 and 2 Project