By PAYTON GUION
CHARLOTTE – More than two months after buying 11 acres in City Park, Atlanta-based Oxford Properties has been issued building permits valued at almost $25 million to start Oxford City Park Apartments.
Oxford City Park was announced in September as a $30 million, 284-unit apartment project. The Mecklenburg County permits, which were issued on Nov. 16, were for four apartment buildings.
Bill Hargett, development partner with Oxford, didn’t return calls for this story, but told The Mecklenburg Times in September that he felt Oxford was building in a good location despite the fact that City Park has been languishing for years. City Park sits on the site of the former Charlotte Coliseum.
“This is an excellent location, close to a very large employment base, the office park immediately to the north,” Hargett said. “It’s adjacent to Renaissance Park, with everything from golf to hiking trails. It’s easily accessible to Interstates 77, 85 and 485, accessible to downtown in about 10 minutes and accessible to the airport in about five.”
Hargett said that the Oxford City Park leasing office would be open by September of next year and that residents are expected to start moving in late 2013 or early 2014.
Oxford Properties is also listed as the general contractor on the project and didn’t return calls.