DILWORTH – Crescent Communities, the Charlotte-based commercial developer, has been issued almost $14 million in building permits to get started on Crescent Dilworth, its $58 million mixed-use apartment project at the intersection of Morehead Street and Harding Place.
Mecklenburg County last week issued four permits to the developer for the shell of one building, the fitness center and clubhouse, and courtyards, according to the county building permits database. Crescent got two permits, totaling $13.2 million, for the building shell; one permit, valued at $301,600, for the fitness center and clubhouse; and a permit valued at $332,200 for work on the project’s courtyards, the database shows.
The tentatively named Crescent Dilworth will be seven stories, and have about 300 units and 10,000 square feet of retail space, said Ben Collins, vice president of development with Crescent. The retail space could be anything from a coffee shop to a wine bar, Collins said.
Crescent Dilworth will be a mix of studios, one- and two-bedroom units, Collins said. Square footages will range from about 500 square feet for the smallest studio to 2,600 square feet for two-bedroom penthouses, which come complete with large balconies and indoor and outdoor fireplaces. Rents in those units are to range from about $1,000 for the studios to $3,500 for the penthouses, he said.
Charlotte-based Balfour Beatty Construction is the contractor on the project, according to the building permits. A number of buildings along Harding Place will be demolished to make way for the apartments, and construction is set to take between 18 months and two years, Collins said.