Swinerton Tops Out Second Phase of Apartment Development in Charlotte, NC
Swinerton Tops Out $80M Joinery Apartment Development in Charlotte
Swinerton has topped out the second phase of The Joinery, located in Charlotte, North Carolina’s Optimist Park neighborhood, according to REBusiness Online (5-16-23). The Joinery consists of two seven-story apartment buildings with a total of 360 units and 30,000 square feet of commercial space.
Space Craft, the developer of The Joinery, expects to deliver the first building located at 420 East 22nd Street by the end of the year and a second building located at 1816 North Brevard Street by the summer of 2024.
According to REBusiness and Swinerton, Phase II of The Joinery’s construction cost a total of $80 million. The project comprises two 2-story concrete podiums with five levels of apartments atop wrapped in a hybrid cross-laminated timber system provided by Timberlab, an affiliate of Swinerton.
Phase I of The Joinery, which was also constructed by Swinerton, is a six-story building consisting of 83 apartments and 2,000 square feet of ground floor retail space.
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