CHARLOTTE, N.C. -- Charlotte-based Spectrum Properties has plans for a new apartment complex in the heart of uptown that will give residents an up-close view of the new BB&T Ballpark.
The apartment complex, seven stories high, will stand at Trade and Graham streets – a location convenient to many of uptown’s businesses and best attractions, said Steve McClure, president of Spectrum Properties Residential. It will also back up to the stadium that will house Charlotte’s minor league baseball team, the Knights.
McClure said the complex will have 177 units and offer studio apartments as well as one- and two-bedroom units. Each unit is planned for about 900 square feet.
The complex – called The Mint – will begin construction at the end of 2013, McClure said. Spectrum hopes to begin leasing in the fall of 2014, just a few months after the BB&T Ballpark opens in April 2014.
McClure declined to provide a cost for the project or give rental prices for the apartments. But he said The Mint will offer a classic, timeless feel – distinguishing it from the modern look of many of its high-rise competitors. The complex will also be equipped with a two-floor parking deck, sky terrace, pool, fitness center and pet elevator.
He said The Mint plans to offer personal concierge service, which will help residents coordinate dry cleaning, reservations and car services.
The Mint won’t be the only apartment complex in the uptown area near the ballpark. Charlotte-based Childress Klein Properties is building a 22-story, 352-unit apartment complex nearby at South Mint Street and Martin Luther King Jr. Boulevard. Atlanta-based Novare and Charlotte-based Grubb Properties also announced plans in January to build a 23-story high-rise in uptown’s Fourth Ward, north of the intersection of Trade and Tryon streets.
But McClure said The Mint will outpace its competitors with its close proximity to the center of uptown.
“The Mint will offer more of a community experience, especially with the amenities and high-end nature of it,” McClure said. The complex will be in the 400 block of West Trade Street – where the Charlotte Mint, a branch of the U.S. Mint specializing in gold coinage, once stood. Though the Mint was dismantled in 1933, McClure said Spectrum is excited to revive the history of the location with the complex’s name.
The Mint will take the place of a surface parking lot, he said.
Spectrum Properties isn’t new to uptown. The real estate service company leases buildings in uptown totaling more than 2.6 million square feet, including the BB&T Center on South College Street.