Childress Klein Announces New High Rise Apartment Tower

CHARLOTTE, N.C. – Leading developer, Childress Klein Properties, are pleased to announce plans for a 392-unit, 43-story apartment building located atop the Mint Museum Uptown at the corner of South Tryon St. and West First St. in the middle of the cultural campus.

“We are delighted to announce Charlotte’s next landmark development,”

said Fred Klein III, partner at Childress Klein Properties. “It’s appropriate that our new multi-family flagship project will be located adjacent to our flagship office tower, offering a new upscale living alternative to professionals who would like to walk to work uptown.”

The building, yet to be named, will offer a variety of studio, 1-bedroom, 2-bedroom and 3-bedroom apartments, including spacious penthouse units. Childress Klein expects to start construction in late Spring 2015 with the first units becoming available in late 2016.

When the cultural campus was first envisioned, the plan included condominiums to be stacked above the museum, but when the economy shifted, the residential component was tabled. Childress Klein stepped in and worked to creatively design a multi-family structure around the distinctive architecture of the museum. The new building will have a rooftop pool and a clubhouse on the 43rd floor so all of the residents can enjoy the breathtaking view.

“There are a lot of new apartments that offer great options to renters, so we really went to the drawing board to rethink floorplans to offer something different,”

added Klein. “We drew up some larger floorplans with breakfast nooks and spacious bathrooms more typical of new single-family homes.”

Childress Klein’s Element Uptown project recently opened to accolades and won the Greater Charlotte Apartment Association Bravo Award for the New Property of the Year. 

Nearby amenities in the cultural campus include the Mint Museum Uptown, Bechtler Museum and the Knight Theatre. Residents will enjoy having secured, underground parking, a Starbucks at street-level and several popular restaurants all within a block, in addition to the Bank of America Stadium and the Knights Stadium. There is over 1.5 million square feet of new office space in three projects proposed within a couple blocks.

About Childress Klein

Childress Klein is a full service real estate company operating in the southeastern United States since 1978. The partners of Childress Klein have been responsible for the development, leasing and management of more than 40 million square feet of office, industrial, retail, multifamily, and self storage properties throughout Virginia, North and South Carolina, Georgia and Florida. The Company’s primary offices are located in Charlotte and Atlanta.

As one of the largest real estate firms in the Southeast, Childress Klein is experienced in the development, management and leasing of a wide variety of product types. The Company’s office developments include suburban office parks, 1 million+ square foot high-rise office towers, and corporate campuses. Industrial experience ranges from small flex buildings to multi-million square foot distribution parks. Retail properties include community centers, large-scale lifestyle centers and mixed-use developments.  Childress Klein serves residential markets with products including luxury garden and high-rise apartments as well as multi-level self-storage facilities.   

With a team of nearly 300 professionals, a portfolio exceeding 23 million square feet and real estate assets valued in excess of $1 billion, Childress Klein has the expertise and resources to undertake any project. For more information, please visit www.childressklein.com.