Taft Construction Group

Developer Breaks Ground on $35M Multifamily Project in Matthews

Taft Development Group is developing Residences Galleria, which will include 250 units at the Charlotte-Matthews border on Monroe Road.

Taft Development Group is developing Residences Galleria, which will include 250 units at the Charlotte-Matthews border on Monroe Road.

Taft Development Group is developing Residences Galleria, which will include 250 units — one-, two- and three-bedroom apartments as well as two- and three-bedroom townhouses. The $35 million project is being built on a 21.5-acre site at 10252 Monroe Road, on the Charlotte-Matthews border and across the street from Family Dollar's headquarters.

Units will include interior finishes like granite countertops, plank floors and stand-up glass showers. Some of the townhouses will have garages. Community amenities include a clubhouse with a swimming pool and sundeck, yoga and fitness center, business lounge, pavilion, billiard room, and clubroom with a cooking demonstration area.

Taft Development estimates pre-leasing for Residences Galleria to commence in late 2019 and that move-ins will begin in winter 2020. Taft Construction Group is the general contractor at Residences Galleria. The property will be managed by Taft Management Group.

This is the second project in the Charlotte metro for Taft Development Group, which also developed The Indigo at Cross Creek in Indian Land. The company says it is currently planning and developing 1,300 multifamily units, 300 single-family lots and 40,000 square feet of commercial space.

Read the full article at Charlotte Business Journal