Lantower Garrison Park, Charlotte, NC August 01, 2019
Lantower Residential announces the acquisition of Lantower Garrison Park, a newly-constructed, 322-unit garden-style multifamily development located in northeast Charlotte, NC.
Completed in 2019, Lantower Garrison Park boasts premier community amenities including an expansive fitness center with separate yoga studio, dog park, resort-style pool with cabanas, media center/game room, Wi-Fi business lounge, and an outdoor kitchen with grills. The luxurious interiors include gourmet kitchens with granite countertops, stainless steel appliances, mosaic tile backsplashes, full-sized washer & dryer sets, and modern pendant lighting & cabinetry. Carriage-style townhomes with attached garages are also available at the community.
Northeast Charlotte is anchored by the UNC-Charlotte campus and several large business parks and shopping centers. The acclaimed University City, consisting of three business/research parks and 75,000 jobs, is within a short commute of the property. Lantower Garrison Park's central location near excellent retail and a white-collar job base enables the property to attract an affluent resident profile.
"Supported by a respected public university and three large business parks, northeast Charlotte benefits from a white-collar employment base that is underserved by Class A+ multifamily product. We recognized that Lantower Garrison Park fills that gap by offering premium living with close proximity to major employers and desirable retail. Lantower Garrison Park marks our second acquisition in what we expect to be a busy year for new acquisitions as we look forward to securing several more institutional-quality assets by the end of 2019," said Lantower COO, Philippe Lapointe.
Upon acquisition of Lantower Garrison Park, Lantower Residential’s portfolio consists of 24 multifamily properties with 7,907 residential units.