X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

GASTONIA-Hudson Boulevard here is experiencing a growing development trend that is moving developers away from apartment complexes in favor of traditional neighborhood developments.

John Bridgeman, with Allen Tate Realtors, says these developments are an overflow from Charlotte-Mecklenburg. Bridgeman notes these new neighborhoods are only 20 minutes from Charlotte’s SouthPark area.

New companies adding people and cheaper rents than in Charlotte are two of the factors driving development along Hudson Boulevard. Also, many new connecting roads are being built, opening up land that used to be inaccessible to developers. Bridgeman says these roads are about 20 years overdue.

Allen Medlin, a long-range planner for the city of Gastonia, notes traditional neighborhood developments were part of America from 1900 to 1930. TNDs have back alleys and their own parks. Schools and places of employment are within walking distance.

According to Medlin, Gastonia wants the high-density projects along the major thoroughfares. He also points out there’s plenty of large parcels of land for office space.

TNDs have been showing up in Charlotte and suburban Davidson, NC. DPR Associates of Charlotte has submitted plans for a project in the Gastonia area. The firm is also building TNDs in Cornelius, NC and Huntersville, NC.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. APARTMENTS SPRING 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.