Charlotte, NC Photo byShutterstock

CHARLOTTE, NC—Two commercial real estate developers with a bigpresence in Washington, DC have partnered to purchase urbanproperty here.

Akridge and KETTLER announced they plan to build a multifamilyproject on 2.5 acres of land at the corner of Dunavant andDistribution Street in Charlotte's South End area. The 400-unit,400,000-square-foot development will "aspire to redefineCharlotte's luxury multifamily standard."

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Katheryn Hayes Tucker

Katheryn Hayes Tucker is an Atlanta-based reporter covering legal news for the Daily Report and other ALM publications.