Faison planning apartments for prime corner in Elizabeth neighborhood and other sites

Faison Enterprises Inc. is exploring the development of a 160-unit apartment complex with ground-floor retail space at the corner of East Seventh Street and Caswell Road, at a 1.5-acre site in Elizabeth that's home to restaurants Jackalope Jacks and Philosopher’s Stone Tavern, according to real estate sources. It’s one of several potential apartment projects that Faison is pursuing in Charlotte. The real estate firm apparently is gearing up for a new round of multifamily development after completing…