lake norman real estate, Relocating? Life in Lake Norman

Growth is Creeping Back to Lake Norman NC!

 New Exit 35

When I first started writing this blog in 2007 I used to do regular updates on growth and development in the greater Lake Norman area as did The Charlotte Observer who had a bi-weekly Red Dirt Alert section for Lake Norman. Since the slow down, when most developing simply screeched to a halt, I have provided updates every now and then about the status of major and small developments.  Today I am happy to report there is quite a bit more “red dirt” to be seen around Lake Norman including new housing construction! As I write this, there are 54 Active Listings in Area 13/ Lake Norman of new homes built in or due to be completed in 2012. New homes are going up in The Farms, The Point, The Peninsula, Pointe Regatta, Sailview, Westport, Pebble Bay, Fernleaf/Woodleaft and more! Here is an update on some of the larger projects:

  • Substantial grading is going on at Phase 1 of Langtree  at the Lake at Exit 31
  • Construction is well under way on the luxury apartments in the Mooresville Town Square: Fountains Town Square
  • Mattamy Homes’ at Waterlynn are building
  • Work has been started at The Legacy Cornelius along Westmoreland Road after years of waiting.  The multi-family units are expected to be completed this year

  Above is an aerial photo of Antiquity in Cornelius which has been marked by the developer.  According to an article in “Five years later, steady progress in Antiquity” there are now 208 households living on the 130-acre site.  The current plan has been modified from its original 1,000 units to 413 for-purchase residential units plus 94 rental apartments.  The developers are now planning for the commercial and business core of the site to have condominiums above first-floor shops, stores and offices which will be built in phases. When my husband and I first moved to Lake Norman in 2005 we thought the amount of construction in the entire Lake Norman area was almost out of control so  perhaps the slowdown did help the future of Lake Norman by making developers smarter and our towns more thoughtful about what they approve.  It is very nice to see our red dirt again!

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