Fairfield Residential with financing from Griffin Capital has commenced the construction of 2300 North Tryon, a 307-unit, five-story apartment community north of uptown Charlotte.
The Charlotte Business Journal reports the developers filed a building permit for 2300 North Tryon Apartments valued at $4.12 million with Mecklenburg County.
Dwell Design Studio is the project architect, Bolton & Menk is the civil engineer, and Fairfield is the general contractor. The mid-rise community will offer a mix of studio through two-bedroom units and feature a variety of tenant amenities, including a pool, fitness center, co-working lounge with a coffee bar and private offices, rooftop lounge, community dog park and pet spa, and outdoor kitchen space.
Fairfield has developed tens of thousands of apartment units across more than 30 markets, including three communities in Durham and one in Charleston, South Carolina.
Fairfield is a fully integrated real estate operator and investment manager in the multifamily sector with in-house development, construction, acquisition, property and asset management services across a broad spectrum of investment strategies. Fairfield’s core capabilities span acquisition and development strategies including LIHTC Affordable, Value Add, Core Plus, Develop to Core, Suburban Development, and U.S. Multifamily Debt.
Griffin Capital Company is a leading full-service real estate investment and management company that for nearly three decades has established a reputation for leadership and innovation led by a team of cycle-tested professionals with expertise in acquisitions, investment management, capital markets, financial reporting, legal, development, and construction management. Since 1995 the Firm has owned, managed, sponsored and/or co-sponsored approximately $23 billion in assets* across a wide range of real estate sectors and investment structures. The Company’s senior executives and employees have co-invested over $300 million in various investment verticals, aligning Griffin Capital’s interest with those of its investors.
