Adding to the development projects reshaping the corridor of Providence Road near I-485, Rea Farms is expected to add another 250 townhomes and single-family homes. The 194 acre project is situated on Providence Road at Ardrey Kell Road. These newest homes will be built by CalAtlantic, a builder no stranger to the Charlotte area as they have already built 30+ communities here.
The Charlotte Business Journal reported that “When built out, Rea Farms will include up to 650,000 square feet of office space, 250,000 square feet of retail, 500 multifamily units, a fitness facility, a day-care facility and a magnet school.” They went on to say “CalAtlantic is the latest player to join Rea Farms, which is being developed on the site of the former Charlotte Golf Links course. Life Time Fitness Inc. and the Charlotte-Mecklenburg Board of Education each purchased land earlier this year to build a fitness facility and a science, technology, engineering, arts and math K-8 magnet school, respectively.”
This comes as great news for homeowners already living in the area as there will be more retail, office, and fitness options nearby. There may be some additional traffic from all of the new homes, there is time to get used to the idea as ground should not be broken on this most recent section until 2017 or early 2018.
This master planned community should have something for every type of home buyer as there will be townhomes, single-family homes, and multi-family. There should also be community amenities to entertain all ages of residents.
If you or someone you know is interested in living in or near Rea Farms, please contact our Realtors.
To read the entire Business Journal article, click here.