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Trei’s First Multifamily-Project in the US

In Matthews, a suburb of the city of Charlotte, Trei has developed a total of 359 rental apartments on a plot of around 60,700 square metres. Raised in the so-called “garden style,” the housing estate comprises six separate buildings of four storeys each that divide into apartments of 2 to 4 rooms. In addition to attractive green areas, the complex includes a gym, coworking areas, a proprietary swimming pool, a dog daycare service with a fenced dog run area and charging stations for electric cars.

Matthews is part of the Charlotte-Concorde-Gastonia metro region and roughly 15 minutes away from Charlotte by car.

The project was sold to an investor in October 2021.

Key Facts

Residential area

about 32,700 sqm

Number of apartments

359

Investment volume

€60 million

Start of construction

December 2018

Completion

2021

Architect

Housing Studio

Contractor

Carocon Corporation

Joint venture partner

Proffitt Dixon Partners

Highlights

Gym, yoga room, indoor swimming pool, barbecue area, fire pit, pet spa, lounge areas and a adjacent sports complex

 

Impressions

Milestones

  1. Land acquisition

    December 2018

  2. Planning application

    September 2018

  3. Planning consent

    November 2018

  4. Start of construction work

    December 2018

  5. Completion

    2021

  6. Sale

    October 2021

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