314-unit community with river views

The Banks

Charlotte, NC

In March of 2022, after a lengthy re-zoning process, PENLER acquired 32.4 acres in Mt. Holly, North Carolina just west of Charlotte. PENLER will construct a 314-unit luxury rental community featuring a restaurant with river views. The property is located off exit 27 on Interstate 85 at the end of Caldwell Drive, and directly across from the new $235 million, 66-bed Caromont Health hospital and medical campus scheduled to open in mid-2023. The location offers residents easy access to the Charlotte CBD and Charlotte Douglas International Airport. Additionally, downtown Belmont and Mt. Holly are both only minutes away offering a variety of unique shopping and dining options with a historic downtown main street feel. 

The development will offer one-, two-, and three-bedroom apartments featuring open floor plans and nine-foot ceilings, generous kitchens with stainless steel appliances and quartz countertops, wood grain plank flooring and ceiling fans. 

Amenities will include a resort-style pool, outdoor gas grills, a package locker for deliveries, a clubhouse, lounge and business center, and a commercial caliber fitness center featuring a cardio and yoga/spin area. The architecture is river lodge inspired and the site plan features a large courtyard, riverfront views, and dog park. The site benefits from being directly across the river from the US National Whitewater Center – a 1,300 acre recreation and athletic training facility for whitewater rafting, kayaking, canoeing, rock climbing, mountain biking, hiking, and ice skating.  Residents will also have access to a new multi-use path that will connect Caldwell Drive and YMCA Drive which will eventually become part of the Catawba Thread Trail.