Another major residential project is taking shape along Central Avenue. Plaza Midwood’s 341-unit development, 1817 Central, will add apartments near the neighborhood’s dining and shopping corridor, roughly two miles from Uptown Charlotte.
For buyers and homeowners following the neighborhood’s growth, its scale and location are worth watching. Here is what has been announced and what to consider when evaluating nearby homes.
What Is Planned for Plaza Midwood’s 341-Unit Development?
According to JLL’s November 2025 financing announcement, an Ares Real Estate fund acquired the site in September 2025. JLL arranged $69.4 million in construction financing through United Bank.
Plans for 1817 Central Avenue include:
- 341 apartments, with studio through three-bedroom layouts.
- A seven-story building with a wrap-style design.
- A fitness center, rooftop lounge, courtyards, library and pet spa.
- 472 parking spaces.
Construction Work and the Anticipated Timeline
Concrete contractor Lithko’s project overview describes structural work and coordination with an adjacent parking garage. It also highlights the access planning required to work within the constrained site.
JLL’s announcement anticipates completion in 2028. Lithko’s overview does not provide an updated delivery date, so that timing should be treated as an estimate.
What Nearby Homebuyers and Sellers Should Consider
Our takeaway: the project reinforces the importance of comparing individual blocks when buying in Plaza Midwood. A home near Central Avenue can offer a different daily experience from one farther into the neighborhood.
When touring, consider construction activity, driveway access, parking and the walking routes to places you visit regularly. For sellers, nearby development adds context, but pricing should still reflect comparable sales, condition and location.
Frequently Asked Questions
Will 1817 Central offer apartments or homes for sale?
The announced project is an apartment community. Buyers looking to purchase should compare nearby resale homes, townhomes and condos separately.
When is 1817 Central expected to be completed?
JLL’s November 2025 announcement anticipates completion in 2028. Construction schedules can change, and Lithko’s project overview does not provide a revised completion date.
Will the development increase nearby home values?
A single development does not guarantee higher home values. Recent comparable sales and each property’s condition, lot and location remain more useful pricing guides.
More Plaza Midwood News & Insights
Explore more about buying and selling in Plaza Midwood:
Considering Buying or Selling in Plaza Midwood?
Plaza Midwood’s 341-unit development is one part of the neighborhood picture. Stone Realty Group can help you compare nearby homes, review recent sales and evaluate how a location fits your plans. Connect with our Charlotte real estate team to discuss buying or selling in Plaza Midwood.
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