Northwood Ravin Announces Newest Project in Charlotte, NC October 24, 2016
Northwood Ravin LLC (Northwood Ravin), one of the premier multifamily developers in the Southeast, has started site work for their newest project, Providence Row, located along Providence Road in Charlotte, NC. Providence Row will be a 326-unit community consisting of luxury one, two, and three bedroom apartments located near the corner of Providence Road and Fairview Road, and beside Pinehurst on Providence (also a Northwood Ravin property). The location nestled among Myers Park, SouthPark, and Cotswold is ideal for this mid-rise community. Despite having zoning approval to build a taller project, Northwood Ravin has instead elected to design a four-story project situated around a large central courtyard.
Michael Gribble, Senior Development Manager of Northwood Ravin, is anticipating this project to be quite a draw for the neighborhood- especially along this section of Providence Road, which is poised for a lot of growth over the next few years. “Our team worked really hard to design a community that combined the residential architecture you see in Charlotte’s most established neighborhoods along Providence Road with well thought-out floor plans, stylish finishes, and a host of amenities, particularly the central courtyard, that are unlike anything else in Charlotte. Add in the Fresh Market retail expansion that is coming across the street and also the proposed mixed use development adjacent to Providence Row, and there is a lot to be excited about with this project.”
Pinehurst on Providence
Providence Row has started construction on a portion of land already owned by Northwood Ravin. This land was formerly part of the 407 unit Pinehurst on Providence apartment community. Purchased by Northwood Ravin in 2014, Northwood Ravin is demolishing 152 units for the new Providence Row project. The remaining 255 units at Pinehurst on Providence have been undergoing a major interior and exterior renovation. The upgraded units now feature stainless steel appliances, granite-inspired countertops, hardwood style flooring and brand new paint schemes. In addition the Pinehurst on Providence community offers one of largest apartment swimming pools in Charlotte in addition to a large pet park and multi-purpose playing field. The leasing office for Pinehurst on Providence is located at 3904 Providence Road.
The new luxury apartments, the first of which are anticipated to be ready for occupancy in mid-2018, will feature interiors with a variety of upgraded details including tray ceilings in the bedrooms, large private balconies, optional sunrooms, rain shower heads in spa-inspired bathrooms, pendant lighting, white Carrera marble countertops, tile backsplashes, Stainless Steel Energy Star appliances and electronic entry locks.
The residences will be complimented by a 20,000 square foot resort-style club that includes a wine room with a tasting area and wine lockers for residents, a fitness and spa area complete with a sauna, a steam room, and a private massage room, a social room with billiards, shuffle board, and a golf simulator, and a large outdoor patio overlooking the football field-sized central courtyard. The courtyard features a natural stream, a saltwater pool and a tanning shelf with covered cabanas nearby, outdoor kitchen and lounge area, full activity yard with lawn games and a fire pit.
The latest in apartment design combined with the amenities is intended to deliver a new era of upscale living to the residents of Providence Row. And, similar to other Northwood Ravin developments, the project will seek a sustainability certification by including green features such as iPhone compatible programmable thermostats, low-E windows, energy-efficient lighting and water conserving landscaping. With the location and the features that are being included, the team expects that monthly rents will range between $1,300 for a one bedroom up to $3,000 for a premium three bedroom unit.