Charlotte Housing Authority project. From their website:
Park & Marsh Senior Apartments
This $15.7 million construction project is on a 2.23 acre site at the corner of Park Road and Marsh Road in South Charlotte. The project will include 92 one-bedroom units of multi-family housing for seniors (55 and older) with incomes at or below 60% of the area median income. The rents will be subsidized by the Housing Choice Voucher Program. This independent living community for active seniors will be situated in the heart of Charlotte and encompass indoor and outdoor amenities including a fitness center, seating areas, storage areas, multipurpose room, garden plots and a balcony. Horizon Development Properties, Inc. has been awarded 9% Low Income Housing Tax Credits and Housing Trust Fund dollars for the development of this project. Construction is scheduled to begin in the fall of 2015.