- Avenue 33 leased average days on market 52
- Courtside 19 leased average days on market 36
- 5th&Poplar 26 leased average days on market 41
- Gateway 29 leased average days on market 51
- TradeMark 24 leased average days on market 31
Two other developments that have either finalized or received their building permits will place new apartment developments in downtown Charlotte, one on the corner of MLK Jr. Blvd and South Graham Streets across from the proposed construction site of the Charlotte Knights baseball stadium, and another at the intersection of West Fourth and Johnson & Wales Way in the Third Ward near the Doubletree Hotel.
Another potential site will occur when the former State Office Building on the corner of Graham and Trade Streets is torn down. The building has been crumbling for the past 10 years at least, and an apartment/condo development was originally announced for that space.
Throw in the relocation of the Amtrak Station and MultiModal Terminal on South Graham and a picture of intense construction will change the character of the near Third Ward forever.
All this activity will help raise property values in the entire downtown area.