Projects

Bowers LoSo: Ground-Up Multifamily

Delivering a modern residential community paired with ground‑floor retail, expanding an already successful adaptive‑reuse campus into a vibrant mixed‑use destination.

4059–4113 Yancey Road, Charlotte, NC

Project overview

Located at 4059–4113 Yancey Road in Charlotte, NC, Bowers LoSo spans a 9.3‑acre site and will deliver approximately 515,000 gross square feet of new development. Envisioned as a ground‑up multifamily community with activated ground‑floor retail, the project is scheduled to begin construction in Summer 2026, reach completion in Fall 2028 and achieve stabilization in 2029.

The planned building is a six‑story wood‑frame structure set atop a two‑story concrete podium and wrapped around an internal, above‑grade precast parking garage. The 515,000‑square‑foot program includes residential, retail and structured parking. In total, the project will deliver 332 residential units (425 bedrooms), consisting of 77 studios, 167 one‑bedrooms, 83 two‑bedrooms and five three‑bedrooms. The ground floor will feature 15,000 square feet of street‑activating retail space, complemented by 402 structured parking spaces at a ratio of 1.2 spaces per residential unit in addition to retail parking accommodation.

Residents will benefit from an extensive amenity package that includes a resort‑style pool and outdoor courtyard, an indoor/outdoor sky lounge, a state‑of‑the‑art fitness center and dedicated coworking and flexible lounge spaces. Architecturally, the project blends contemporary design elements with the industrial character that defines LoSo, resulting in a cohesive and elevated residential environment that aligns with the neighborhood’s identity.

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gross SF, including residential, retail and parking

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residential units (425 bedrooms)

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square feet of commercial space

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structured parking spaces

Market context & project rationale

High-growth, high-demand urban submarket

Charlotte remains one of the fastest‑growing cities in the U.S., with sustained in‑migration and a deep pool of renters seeking modern, amenity‑rich housing in walkable urban settings. Over the last decade, LoSo has evolved into one of Charlotte’s most desirable live‑work‑play districts. The area is anchored by a growing mix of breweries, restaurants, entertainment venues and creative office users, positioned just steps from the LYNX Blue Line’s Scaleybark Station. With strong connectivity and an authentic, experiential neighborhood identity, LoSo continues to attract residents and businesses seeking dynamic, transit‑accessible urban environments.

Advancing a multi-phase mixed-use destination

Bowers LoSo represents the next step in establishing a cohesive, multi‑phase mixed‑use district. The architectural approach pairs modern design with LoSo’s established industrial aesthetic, creating a cohesive environment that aligns with area character while elevating the residential experience.

By delivering housing and ground‑floor retail that activate the street and integrate with the existing adaptive‑reuse buildings, the project creates an around‑the‑clock environment that benefits residents, visitors and commercial tenants alike. Although the local multifamily market is experiencing temporary vacancy pressure due to elevated deliveries, absorption remains strong for high‑quality product, positioning the project advantageously as the regional pipeline contracts and the capital markets environment stabilizes.