Madison Communities Breaks Ground on 288-Unit in Northeast Charlotte Market
September 15, 2023
Article published: Sept 15, 2023 on MultifamilyBiz.com
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Madison Communities, a multifamily subsidiary of Madison Capital Group, announced today that construction has begun on Madison at Mallard Creek, a 288-unit multifamily community in the Mallard Creek neighborhood in northeast Charlotte. Ryan Hanks, CEO of Madison Capital Group, made the announcement.
The new community, located at 2748 Mallard Creek Rd., will serve the fast-growing Charlotte market, a destination for newcomers from higher-cost regions such as the Northeast and Midwest. Madison at Mallard Creek’s 295,092 square feet of rentable space will be divided among twelve three-story walk-up buildings with an average apartment size of about 1,025 square feet.
About Madison Capital, LLC
Madison Capital Group is a vertically integrated real estate investment firm that owns, operates, acquires and develops suburban multifamily properties and self storage facilities. Madison is active in 13 states and is focused on expanding its footprint throughout the Sunbelt. Currently, Madison has over 2,000 apartment units under development or in planning and owns more than 60 self storage assets under the Go Store It banner.
Click here for more information on Madison.