The investment firms Sterling Equities, Eden Multifamily and Peakline Real Estate Funds have partnered to develop a new townhome rental community located in the Steele Creek community of South Charlotte, North Carolina.
The joint venture’s Eden Steele Creek will feature 187 luxury townhomes with a mix of two- and three-bedroom townhomes, each with a one- or two-car garage. The project will also feature community amenities for residents, including a 5,000-square-foot clubhouse with a pool, co-working space, a gym, and social center and along with dog parks, a pet spa, and a natural trail.
Eden Steele Creek will be located 12 miles from downtown Charlotte and nine miles from Charlotte Douglas Airport, with access to the I-485 beltway nearby. The project is expected to be completed by August 2027.
“Sterling’s new luxury townhome development with EDEN and PREF will be a prominent addition to our development portfolio as we expand our presence in the Southeast,” said Todd Katz, partner at Sterling Equities. “We look forward to commencing construction on Eden Steele Creek, which will offer an attractive rental option to South Charlotte residents seeking newly built townhomes with exceptional lifestyle amenities.”
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