Atlanta-based Novare Group, Grubb Properties and Batson-Cook Development Co. will begin construction soon on SkyHouse Uptown, a 24-story, 336-unit apartment tower at the corner of North Church and West 10th streets in Charlotte. The group announced its plans for the project last year, and this week, a company managed by Novare president Jim Borders purchased a 1.3-acre site at the southeast corner of that intersection for $5.5 million.
Developers are proceeding with construction of SkyHouse Buckhead, a 26-story, 362-unit high-reside apartment community on Stratford Road just off of Peachtree Road. Novare Group, Batson-Cook Development Co. and Ackerman & Co. issued the notice to proceed for the project.
Developers plan to begin construction in the coming days on SkyHouse Raleigh, a gleaming 23-story luxury apartment tower that represents the latest step in downtown Raleigh’s evolution. The $60 million project, first proposed 16 months ago, will mirror other SkyHouse-branded high-rises under construction in Austin, Texas, Orlando, Fla., Houston, Dallas and Atlanta. The tower will be tallest all-residential building in the region, and its units will be aimed squarely at an affluent, younger generation of renters seeking to be just steps from downtown’s increasingly lively bar and restaurant scene.