Montford apartments break ground this month

Between the lines: Charlotte-based Ascent Real Estate Capital is partnering on the project with BCDC and Centro Cityworks.

• Construction starts this month at 1700 Abbey Place, within walking distance of buzzy Montford Drive.
• It includes 1,500 square feet of retail space at the corner of Abbey and Hedgemore.

The intrigue: Centro products have popped up in walkable and bikeable neighborhoods, such as NoDa and South End.

• This one will take advantage of the new Little Sugar Creek Greenway extension.

Zoom out: Construction of Centro NoDa on East 36th Street is close to wrapping up. Residential leasing begins this fall, and renters can move in at the end of the year.

• Some businesses have signed leases for the 11,000 square feet of retail space in NoDa, but Ascent hasn't shared names.
• The other Centro projects are Centro Square on West Boulevard and The Winnifred in South End (formerly known as Centro Railyard before Ascent sold it).