Sundale Flats is a 180-unit affordable apartment community targeting families earning at or below 80% of the area median income (AMI) with an overall average of 60% AMI. The site is located five stops north of Uptown within close proximity to Old Concord Station on the LYNX Blue Line Light Rail system. The community features three identical 4-story residential buildings plus a freestanding community building with a leasing office and resident amenities in a wood frame, gurban-style, elevator-serviced construction style with surface parking. Sundale Flats is strategically located within one mile from numerous retail options such as Compare Foods and Family Dollar as well as Martin Luther King Jr. Middle School. In addition, residents enjoy convenient access to the light rail extension with the Old Concord Blue Line station located 0.4 miles away. The development also features a 16-foot wide multi-use path installed along the site's northern property line connecting the development to a larger network of trails. The multi-use path will be part of the 26-mile Cross Charlotte Trail (XCLT) that stretches from the City of Pineville through Center City and on to the UNC Charlotte campus and Cabarrus County Line. The combination of the Blue Line and XCLT provides residents with convenient access to neighborhoods, businesses, and recreational opportunities across Charlotte without having to rely on a car.
Affordable 4% LIHTC/Bond
Sundale Flats will provide high quality, transit-oriented affordable housing within walking distance (3/4 mile) to Old Concord light rail station. Along with NRP’s Platform Lofts community down the street, these developments are the only new construction apartments affordable to families making 60% AMI within the City of Charlotte.