Tremont Square is an infill residential project located in the highly desirable South End area of Charlotte, NC. Carolina Capital (CC) purchased the 4.5 acre site in June 2017. CC plans to develop 74 finished townhome lots.
CC’s investment objective was to acquire the land and rezone to a TS (transit supported) overlay, which will allow up to 17 units per acre, and develop the infrastructure needed for a national homebuilder. The infill project is high barrier to entry, and benefits from the lack of supply and high demand for finished townhome lots.