Staff Report//November 21, 2024//
Staff Report//November 21, 2024//
The Fallon Company has held the groundbreaking of The Colwick, a premier 234-unit multifamily rental project. The Fallon Company’s senior leadership team came together to mark the start of construction on this first-class residential project.
The development, which is in Charlotte’s sought-after Cotswold neighborhood, will reflect the distinctive identity of the community and offer pedestrian access to parks, schools, and over half a million square feet of nearby grocery, retail, and restaurant options.
The Class-A project will feature:
“Breaking ground on this important multifamily project marks an exciting milestone for us and solidifies our ongoing commitment to the Charlotte market,” said The Fallon Company CEO, Michael Fallon. “We’re thrilled to bring new housing options to the vibrant Cotswold neighborhood, creating a space where people can thrive.”
Designed by award-winning Axiom Architecture, The Colwick’s contemporary design has been thoughtfully tailored to fit the needs of the modern renter. Charlotte-based EDIFICE Construction is building the project, with construction financing being provided by Santander Bank, N.A. The Colwick, which is expected to deliver in late 2026, will be the first large-scale rental building in Cotswold in decades.
About The Fallon Company
The Fallon Company is one of the nation’s leading commercial real estate developers, creating transformative, mixed-use environments that revitalize urban areas and serve as catalysts for community growth. They pride themselves on placemaking, with a commitment to building dynamic, inclusive spaces. For more information about The Fallon Company, visit www.falloncompany.com.