Alliance Residential Company, one of the largest multifamily developers in the country, has broken ground on Broadstone Bryant Park, a 345-unit luxury apartment community just west of Uptown Charlotte in booming FreeMoreWest.
The project anchors the last large developable tract of land in the neighborhood and connects two of the primary activity nodes of the West Morehead Street/Freedom Drive intersection and the Wilkinson Boulevard corridor leading to Charlotte Douglas International Airport, via beautiful Bryant Park.
Broadstone Bryant Park is within walking distance of FreeMoreWest’s dining, retail and creative office buildings while offering phenomenal, unfettered views of Uptown Charlotte. It will have studio, one, two and three-bedroom units.
“We are thrilled to be underway on FreeMoreWest’s next great urban living experience with Broadstone Bryant Park,” said Donald Santos with Alliance Residential Company. “FreeMoreWest is hitting critical mass, with exceptional dining and entertainment options, proximity to high-paying jobs, and a genuine authenticity that is drawing tremendous investment. Broadstone Bryant Park will offer residents walkability to all FreeMoreWest has to offer, with a best-in-market product offering that will set a new standard for the neighborhood.”
The high-density surface-parked community will feature a 24-hour fitness facility with yoga studio; wi-fi co-working space for telecommuting and a resort-style pool with an expansive sun deck. There will also be electric car-charging stations; bike storage; multiple pocket parks and outdoor amenities; 24-hour package and dry-cleaning pickup and a pet spa with grooming station.
FreeMoreWest is the combination of several of Charlotte’s oldest neighborhoods west of Uptown and anchored by the intersection of West Morehead Street and Freedom Drive. The location is convenient to Uptown jobs, Carolina Panthers games, and Charlotte Knights games via a 7-minute bike ride or an under 5-minute drive.
Alliance opened a regional office in Charlotte in 2016, and this will be the company’s first project in Charlotte and second in North Carolina with a substantial pipeline looking forward. Charlotte is the No. 1 metro area in the United States for Millennial population growth (30 percent) over the last 10 years and ranked 4th among U.S. metros with 3.27 percent job growth in 2017.
Construction will start immediately, with anticipated first deliveries in Summer 2019.
About Alliance Residential Company
Alliance is a fully integrated multifamily real estate operating company focused on the development, acquisition, construction and management of residential and mixed-use communities in the United States. Headquartered in Phoenix, Alliance has 34regional offices throughout the West, Southwest, South-Central, Southeast, Mid-Atlantic and Northeast. Over the past 18 years, Alliance has become the No. 1 multifamily developer and the seventh largest management company in the nation, boasting a $20-plus billion portfolio of 103,000 units in 29 metropolitan markets. Alliance has a presence in 19 states and is actively seeking management, development and acquisitions opportunities across the markets it serves.