Vista Residential Partners Announces Groundbreaking For McAlpine Vista, A 320-Unit Apartment Community In Charlotte, NC

The community will offer a mix of one-, two-, and three-bedroom apartment homes averaging almost 1,010 square feet
VISTA RESIDENTIAL PARTNERS ANNOUNCES GROUNDBREAKING FOR MCALPINE VISTA, A 320-UNIT APARTMENT COMMUNITY IN CHARLOTTE, NC
Rendering: Official

Vista Residential Partners, a national multifamily development firm, has broken ground on 14 acres at 8011 Krefeld Drive Charlotte, NC, for the development of McAlpine Vista, a 320-unit apartment community.

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Located in the submarket of Matthews, NC, McAlpine Vista will be comprised of 4 and 5 story residential buildings and will have direct and private access to the 6-mile long McAlpine Creek Greenway.

McAlpine Vista is located 15 minutes from Uptown Charlotte and just under 5 miles from the 5.6MM square feet of office space located in Southpark. Additionally, 20 minutes from this site is Ballantyne which has an additional 4.5MM square feet of office space.

“We are thrilled to start construction on our second project in North Carolina,” says Alex Barroso, Managing Director and Partner for Vista Residential Partners in a statement. “McAlpine Vista is another testament to our dedication to establishing our portfolio across the Carolinas.”

The community will offer a mix of one-, two-, and three-bedroom apartment homes averaging almost 1,010 square feet. Designed by architect EDI International, the homes will feature stainless steel appliances, 9-foot ceilings, stone countertops, vinyl plank flooring, in-unit washers and dryers, and spacious balconies. McAlpine Vista will also feature a luxury clubhouse, resort-style swimming pool, fitness center, and 24/7 package concierge. Most unique about McAlpine Vista is the direct and private access to the McAlpine Creek Greenway which extends 6 miles throughout Charlotte.

“Alongside our institutional capital partners, Vista is excited to deliver this high-quality, development in Charlotte, NC,” says Scott Hartley, Chief Investment Officer at Vista Residential Partners. “McAlpine Vista’s differentiated amenity-set will set a new standard for living in the area.”

Parse Capital, The Hartford, and a Philadelphia-based family office provided financing for the project.

Krevolin & Horst, LLC, of Atlanta, Georgia, represented Vista Residential Partners in the closing.

Lisa Hay

Lisa Hay

Lisa is a staff reporter for What Now Media Group. She covers new restaurant, retail, and real estate openings across all of our markets. A true foodie, this Air Force veteran has lived all over the world — from Aviano, Italy to Nairobi, Kenya — but her favorite spot is NOLA for its rich history, architecture, culture, and of course, its good eats.
Lisa Hay

Lisa Hay

Lisa is a staff reporter for What Now Media Group. She covers new restaurant, retail, and real estate openings across all of our markets. A true foodie, this Air Force veteran has lived all over the world — from Aviano, Italy to Nairobi, Kenya — but her favorite spot is NOLA for its rich history, architecture, culture, and of course, its good eats.

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