CHARLOTTE, N.C. — Crescent Communities plans to break ground Wednesday on The River District, a master-planned community on Charlotte’s west side. The development will span 1,400 acres between the Catawba River and Charlotte Douglas International Airport, including 500 acres of preserved land. Upon completion, The River District will feature 5,000 residences (single-family homes and apartments), 8 million square feet of commercial space, hotels and seniors housing apartments. Crescent expects the development to generate more than $5.6 billion of gross annual economic impact for the region and state. “The River District’s location along the Catawba River, Charlotte’s only major body of water, will provide urban amenities and public access to the riverfront that has not previously been available to Charlotte,” says Chase Kerley, managing director of Crescent Communities. The first series of milestones includes delivering major utility and roadway infrastructure for The River District’s first phase, Westrow. The 70-acre area will feature a range of residential offerings including apartments, townhomes and single-family residential lots, as well as small retail spaces, restaurants, event space and offices. Westrow will also include trails, parks, an event lawn and a two-acre working farm. Crescent’s NOVEL brand will anchor the first phase with 514 market-rate apartments, …
