In response to a surge of redevelopment in the Belmont neighborhood of Charlotte which has driven up rents for long-term residents, St. Paul Baptist Church and the Zechariah Alexander Community Development Corporation (CDC) sought out Laurel Street (the development company) to develop 3.5 blocks of our land into 112-units, affordable units, for seniors and families. The development located within .5 mile from the light rail received a significant contribution from the City of Charlotte.
Centra Square is currently under construction and once completed will be comprised of a 60-unit senior housing building, 29-townhome style family units, and a 23-unit garden style flat building. The development will target households at 60% area median income and below.
The senior building will include amenities such as a community room, multiple lounge areas, fitness center, a covered veranda and garden plots. The family development will offer a multi-purpose room and business center, covered picnic shelter and playground. Centra Square will be built to Energy Star v2 standards.
The Centra Square Apartments Project is managed by S.L. Nusbaum Realty Co. They handle all the rental duties for this project.