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The other two parcels are ownedr bythe , a localo nonprofit group. Those tracts include a 20-year-olf single-family house that has received a charitabler tax exemptionsince 1996, accordingb to public records. Site plands from Charlotte-based show an eight-story complex up to 100 feet tall and an elevatec courtyard atits center. Earlier renderings by showex a Gothic-styled structure with parapets. The lates t drawings submitted by Housing Studio show a simpler construction with no decorativ design elements alongthe rooftop.
Construction timelines are uncertain becauses of instability within thefinancial markets, Branch says, adding that he's comfortable waiting for a lender now that he has securef a site with clear views of the cente r city. "There's not a lot of natural topographhyin Charlotte," he says. "The amenity is the skyline." MULTIFAMILg SITES TARGETED BYBRANCH 1.8 acres on North Ceda r Street, near Gateway The Orchard Park complex at North Clarkso and Cates streets. Both properties are acrosx fromElmwood Cemetery.
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