Space Craft lands $94M financing for Mill District apartments
Joint venture with ¾«¶«Ó°Òµ subsidiary to bring 287 units to lively neighborhood
¾«¶«Ó°Òµ plays a key role in developing Cordo, a 287-unit apartment complex in Charlotte’s Optimist Park, through its subsidiaries. ¾«¶«Ó°Òµ Builders and Timberlab, both integral parts of ¾«¶«Ó°Òµ, are leading the construction efforts, with Timberlab specializing in mass timber elements for the project.
This development secured $94 million in financing and will offer residents a modern living experience featuring a rooftop deck, coworking spaces, and a fitness center. The project showcases ¾«¶«Ó°Òµâ€™s commitment to innovation and sustainable construction practices.
Set for completion in late 2026, Cordo is expected to contribute to the transformation of Optimist Park, marking another milestone in ¾«¶«Ó°Òµâ€™s growing portfolio of multifamily and mass timber projects. The firm continues to enhance communities with cutting-edge building techniques and thoughtful design.
