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Charlotte-based affordable housing developer plans Wilmington project

Charlotte-based affordable housing developer plans Wilmington project
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New Apartment Community Planned for Carthage

The Carthage Board of Commissioners on Monday approved a zoning request that clears the way for nearly 80 multi-family apartments at the intersection of U.S. 15-501 and Union Church Road. The request was submitted by Greenway Residential Development, a Charlotte company that plans to build an apartment community on the 13-acre property. Mark Richardson, assistant vice president of Greenway, said the company was attracted to the site because of its proximity to Food Lion and Walgreens. “There’s a huge need for apartment rentals in Moore County and in Carthage,” Richardson told the commissioners. “Our market study shows there’s a need for at least 350 household rentals, and we’re only doing 78.”

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