Cornelius News & Notes

Cambridge Square Project in Cornelius, NC

Town Board OKs Cambridge Square project on W. Catawba

Cambridge-Square-Cornelius-North-Carolina

Cambridge Square Development – Cornelius, NC (North Carolina) The Cornelius Town Board unanimously approved a rezoning measure which will permit developer David Smith and Landworks Design Group of Charlotte to erect 20 upscale homes on 7.6 acres between West Catawba and Nantz Road.

Published: Nov. 6. By Dave Vieser

Cornelius Today.com

The development, which will also include two commercial buildings, will be called Cambridge Square. The Cornelius, NC Homes for Sale will be in a gated section to prevent parking overflow from the commercial buildings.

The site encompasses the building housing the Iglesia Vida Nueva Church, which formerly served as the North Mecklenburg Senior Center. Smith says he expects the church will relocate and the building will be repurposed for a future tenant. The other commercial building will be a new structure where the existing home at the site is now, which will be demolished.

Prior to the approval, the town board directed that a specific clause be added permitting houses of worship to apply for future use of the buildings on the property.

Smith says the new homes, all with four bedrooms and 3.5 baths, will replicate the homes in developments such as Jetton Place Homes and Robbins Park Homes in Cornelius, NC. “With current market conditions, I’d estimate they would be in the upper $600’s to upper $700’s in price.  We are not planning any age restrictions on the new homes at this time.”

The proposal represents another example of infill development, which is the process of developing vacant or under-used parcels of land within existing suburban or urban areas.

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THE MARTIN REAL ESTATE TEAM OF LAKE NORMAN

You may be interested in this new Development or others in the Cornelius Real Estate Area.  If so, please know, we are always available to help you with all of your questions and will show you any Real Estate that meets your needs.

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Questions, or would you like to receive more information about a Buying a Home for Sale, or interested in Listing your Home for Sale, simply fill out the Our Contact Form or for a faster response you can also call the Cornelius / Lake Norman / Charlotte Real Estate Specialists at 704-900-1619 right now!

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