New NoDa development calls for $500,000 houses, affordable townhomes and preserving a historic church
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A new development slated for NoDa calls for a mixture of $500,000 houses, affordable townhomes and preservation of a midcentury church building.
The proposal from Revolve Residential, known as Atlas Urban Homes, must still be approved by the City Council as part of a rezoning process.
But it represents an innovative take on infill development in a booming neighborhood. Should it come to fruition, Atlas will be one of the few new developments delivering on mixed-income housing.
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The bulk of the 2.6-acre development will be made up of 16 single-family homes. Each will have three bedrooms across 2,300 square feet, and pricing will start in the $500,000s.
On the western side of the property, Revolve would build four two-bedroom townhomes priced below market rate. The HouseCharlotte program would provide down payment assistance for buyers who meet income guidelines, generally below 80 percent of the area median income.
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On the northern side today stands the Charlotte Christian College and Theological Seminary, built in 1962. Developers plan to keep the church and convert it to coworking and event space.
Construction is expected to begin in 2019.