The first phase of the massive 1,400-acre River District project in west Charlotte has just begun, signaling a significant transformation of the once rural area near Charlotte Douglas International Airport. Crescent Communities, the developer, has officially started construction on both apartments and single-family homes.
This development, poised to become a new town, will require extensive infrastructure, including miles of new roads, schools, a police station, and sewage facilities to handle the substantial increase in daily vehicle trips and wastewater.
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The River District will be divided into three distinct districts: the gateway district, transitional district, and the town center district.
The gateway district will feature 500,000 square feet of office space, 50,000 square feet of retail, and 250 hotel rooms. The transitional district will include 300 multifamily units, 1 million square feet of office space, and 25,000 square feet of retail. The town center district, extending to the Catawba River, will be the heart of the community, with 1,250 multifamily units, 300 single-family homes, 2 million square feet of office space, 300,000 square feet of retail, and 500 hotel rooms.
As Crescent continues the development into 2024, Rainer Ficken has been appointed as the senior managing director to oversee this significant project. The River District aims to be a vibrant community, combining residential, office, and retail spaces, and is set to be larger in density than the original Ballantyne development.
What do you think about Charlotte’s new River District?
