Two Rivers Mixed Use Development
Two Rivers Mixed Use Development
Marketing description
Uwharrie Apartments at Two Rivers presents a fully entitled multifamily development opportunity within the larger Two Rivers Mixed-Use Community, a 97-acre master-planned development in Norwood, North Carolina.
The multifamily component consists of two approved apartment development parcels totaling approximately 18 acres and approved for up to 240 residential units. The project benefits from secured utility capacity, established density approvals, and flexibility in unit mix and parking design, providing developers with a streamlined path to delivery.
As part of the broader Two Rivers Mixed-Use Community, residents will enjoy a thoughtfully planned environment that integrates multifamily housing, single-family neighborhoods, and employment-focused flex space within a single master plan.
Investment highlights
- 240 approved multifamily units
- Two approved apartment parcels: 7 acres approved for 96 units, 11 acres approved for 144 units
- Approximately 18 acres dedicated to multifamily development
- Three-story multifamily product approved
- Public water and sewer capacity secured through GPD approvals
- Flexible bedroom mix and unit configuration
- Parking flexibility within the approved development framework
- No rezoning required
- Part of the 97-acre Two Rivers Mixed-Use Community
- Future 118-home single-family neighborhood: Allenton Crossing at Two Rivers
- Planned 103,000 SF employment-focused flex space
- Direct access to US Highway 52 corridor
- Convenient access to Albemarle, Locust, Concord, Kannapolis, and the Charlotte region
- Minutes from Lake Tillery, Badin Lake, Morrow Mountain State Park, and Uwharrie National Forest
- Positioned to serve a growing workforce and attainable housing demand
- Entitlement certainty with development flexibility
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