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Jefferson Apartment Group Closes on Debut Deal in Charlotte, North Carolina | Real Estate Weekly

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Jefferson Apartment Group Closes on Debut Deal in Charlotte, North Carolina | Real Estate Weekly


Jefferson Condo Group (JAG), a number one multifamily developer and operator specializing in premier house communities on the East Coast, is making its North Carolina debut in Charlotte with a just-closed land buy and its growth into the realm with a brand new regional workplace.

JAG has bought a 5-acre parcel at 200 Wadsworth Place within the Optimist Park neighborhood of
Charlotte together with its fairness associate Cadre. Optimist Park is inside a mile of uptown—Charlotte’s
central enterprise district—and is located amongst a few of the space’s most sought-after neighborhoods,
together with NoDa and Belmont. The location has been graded and full development will begin this summer time on
this 350-unit Class A mid-rise with financing by United Financial institution.

Signaling a dedication to broaden its 1,000-unit pipeline within the Carolinas, Washington, DC-based JAG
has established a Charlotte workplace, the place it has a number of growth tasks within the planning levels. In
addition to their very own pipeline, JAG Administration will start providing property administration providers to
third get together regional house owners.

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“As our pipeline of tasks within the Carolinas continues to develop, we knew it was the suitable time to plant
roots in Charlotte,” mentioned Jim Butz, President and CEO of Jefferson Condo Group. “The Queen Metropolis
is experiencing explosive progress, and we really feel assured that it isn’t slowing down anytime quickly. We’re
trying ahead to investing extra within the Carolinas area.”

As for JAG’s debut undertaking in Charlotte, Senior Vice President and Growth Companion Greg Van Wie
mentioned, “200 Wadsworth Place has been a long-time within the making, and we’re excited to see it start to
take form. The economic historical past round North Charlotte is wealthy, and we’ve labored onerous to symbolize
the heritage of the Optimist Park neighborhood in our structure and design.”

The outside of the 6-story constructing will function pink brick and ironwork, and models shall be a mixture of studio,
one- and two-bedrooms starting from 585 sq. ft to 1,027 sq. ft—some with non-public balconies and views of uptown. All models will function top-of-the-line finishes, together with plank flooring, quartz counter tops, stainless-steel home equipment, and tile backsplashes. Moreover, 355 parking areas shall be accessible to residents, consisting of each storage and floor parking.

Facilities will embody a lounge with double-sided hearth, recreation room, health middle, open coworking area, pet spa, and a motorbike storage room with upkeep bench. Outside facilities embody a resort-
fashion swimming pool and two courtyards. The constructing’s inside assumes nostalgia meets classic journey, impressed in a contemporary new approach by a Vestaboard within the foyer lounge including a particular railway aspect to the environment and with touches of Gingham patterns within the inside design as a nod to the
material mill that was beforehand positioned subsequent door at what’s now Optimist Corridor.

Along with its proximity to the uptown enterprise district, 200 Wadsworth Place is handy to
interstates 277 and 74 and is a straightforward stroll (just a little over six blocks) to the brand new Parkwood Station on the
Lynx Blue Line.

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“Transit-oriented communities are very a lot in keeping with market demand throughout Charlotte,” mentioned Ryan
Munoz, Cadre’s Director of Personal Fairness Actual Property. “The shut proximity to uptown and the NoDa
arts district makes this undertaking much more interesting. We’re happy to be partnering with Jefferson
Condo Group on this premier property in Optimist Park.”

For extra details about 200 Wadsworth Place and JAG, please go to jeffersonapartmentgroup.com.

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North Carolina

North Carolina man charged with 9 felonies after shooting at tree crew

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North Carolina man charged with 9 felonies after shooting at tree crew


YANCEY COUNTY, N.C. (WTVD) — A tree-trimming crew in North Carolina had a harrowing encounter when a man with a criminal record opened fire on them.

This happened near Murphytown in the Green Mountain area of Yancey County. According to a statement from the Yancey County Sheriff’s Office, 36-year-old Lucas Wilson Murphy shot three tree workers while they were clearing trees for a power company.

All three sustained serious injuries. They were taken to a hospital for treatment.

31-year-old Shelby Teague, whose husband Brandon Teague, 32, was part of the five-member crew, is still grappling with the incident. The couple have three children together.

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“To have somebody crazy running through the woods is not a risk that you would think about,” she told ABC affiliate WLOS

She is thankful her husband wasn’t hurt, but three of his colleagues were.

“I’m trying not to be angry,” Shelby said. “We could have lost a bunch of good men.”

Authorities said during the exchange, an officer-involved shooting happened. Murphy was injured and taken to a hospital.

Murphy is charged with nine felony counts detailing that he assaulted five crew members with a long rifle with intent to kill.

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Previous Criminal History

Shelby is angry Murphy was not in jail for previous charges.

Murphy’s misdemeanors, dating back to 2013, carry little to no jail time. This includes resisting public officers, driving while intoxicated and carrying a concealed weapon.

In 2021, the most serious case where he went to trial involved a charge that he shot and tried to kill his brother.

A law enforcement source who spoke anonymously told WLOS that Murphy’s brother refused to cooperate and minimized what happened.

Because of this, the jury could only find him guilty of assault.

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Copyright © 2024 WTVD-TV. All Rights Reserved.



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Amid torrential rains and flooding, 21 North Carolina river sites fail fecal bacteria testing this week

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Amid torrential rains and flooding, 21 North Carolina river sites fail fecal bacteria testing this week


RALEIGH, N.C. (WNCN) — A group says more than 20 North Carolina river sites failed testing for fecal bacteria this week after several days of torrential rains and nearly a foot of rainfall in some spots.

Leading up to Friday, there were several days of flood warnings and nearly a foot of rain fell in some North Carolina areas — such as Sampson County with 11 inches. Other spots — such as Durham County — received more than 9 inches of rain.

Sound Rivers, a group that monitors more than 50 recreational sites along North Carolina rivers, says that heavy rain can lead to more pollution in rivers.

“Swim Guide results are in, and they definitely reflect the impact all this rain is having on our waterways,” the Sound Rivers group said on Friday.

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Full rainfall totals for Central NC for a week ending Friday

Some flood warnings continued this weekend with one still active Saturday along the Tar River at Tarboro in Edgecombe County.

“Remember, more stormwater runoff means more nasty stuff gets washed into the water,” Sound Rivers wrote Friday after 21 North Carolina river sites failed their weekly testing.

In the previous Swim Guide report, just six sites failed.

In the Raleigh area, three sites along the Neuse River failed the week ending July 26, according to Sound Rivers.

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Just east of Raleigh in Wake County, these canoe launch sites met water quality standards less than 60 percent of the time: Buffaloe Road, Milburnie Park and Poole Road.

Elevated levels of fecal bacteria in the water can bring an increased risk of gastrointestinal illness and skin infections for pets and humans, Sound Rivers says.

East of the Wake County area along the Neuse River, these seven sites also failed water quality testing:

  • Maple Cypress boat ramp in Grifton

  • Glenburnie Park

  • Town of Bridgton Park

  • Upper Broad Creek at Black Beard Sailing Club

  • Lawson Creek Park in the New Bern area

  • Slocum Creek boating access in Havelock

  • Pierce Creek at the Sea Harbor Yacht Club in Oriental

Closer to the North Carolina coast, 11 sites failed the testing along the Tar and Pamlico rivers:

  • Sunset Park on the Tar River in Rocky Mount

  • Tar River Reservoir in Rocky Mount

  • River Road boat ramp on the Tar River in Tarboro

  • Town Common on the Tar River in Greenville

  • Wildwood Park on the Tar River in Greenville

  • Port Terminal on the Tar River in Greenville

  • Yankee Hall Road boat ramp on the Tar River at Pactolus

  • Mason’s Landing on the Pamlico River in Washington

  • Havens Gardens on the Pamlico River in Washington

  • Dinah’s Landing just off the Pamlico River at Goose Creek State Park

  • Cotton Patch Landing on Blounts Creek just off the Pamlico River

Sound Rivers issues a report on various recreational areas of rivers in North Carolina after testing dozens of recreational sites each week throughout the summer.

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The testing by the group includes enterococci bacteria in salt water.

Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

For the latest news, weather, sports, and streaming video, head to CBS17.com.



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24-year-old Chicago man killed in head-on crash in North Carolina, police say

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24-year-old Chicago man killed in head-on crash in North Carolina, police say


FAYETTEVILLE, N.C. — A man from Chicago is dead and another person was injured after a head-on crash Saturday in North Carolina.

According to police in Fayetteville, North Carolina, a 2005 Dodge Durango driven by 35-year-old man from Fayetteville was making a left turn at a green light when it was hit head-on by a 2022 Honda Accord driven by 24-year-old Zayshawn L. Robinson of Chicago, Illinois.

A preliminary investigation found that Robinson was speeding and failed to stop at a red light, which resulted in the crash.

Robinson was pronounced dead at the scene.

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The 35-year-old man was taken to a local hospital for what police described as non-life-threatening injuries.

Anyone with information on this crash is asked to contact the Fayetteville Police Department in North Carolina.

No further information was immediately available.

Copyright © 2024 WTVD-TV. All Rights Reserved.



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