Neill Grading and Construction (Hickory, NC) and Lat Purser & Associates, Inc (Charlotte, NC) today announced construction has begun on a large mixed-use development in Hickory’s Startown Corridor. The first phase of the Preston Ridge Development represents a $31.6 million investment in the community with a multi-tenant commercial building and 172 upscale residential apartments.
Scott Millar, President of Catawba County’s Economic Development Corporation says, “This entire corridor is exploding with development right now. Connecting US70 to the new NC16 from downtown Charlotte is the higher end Trivium Corporate Center, Preston Ridge Development, and other new commercial, residential, educational and long-awaited transportation improvements. Startown Road is rapidly coming of age.”
Development of Preston Ridge Phase 1, scheduled to open summer 2020, offers restaurant, retail, and service businesses along with one, two, and three-bedroom apartment floorplans ranging from 675 to 1,317 sq ft. with many desirable amenities including:
Preston Ridge developers are also collaborating with Catawba Valley Community College (CVCC) to establish a location for its School of Cosmetology and reserving a portion of Preston Ridge apartments exclusively for CVCC students. CVCC President Dr. Garrett Hinshaw adds, “The Preston Ridge Development is a great catalyst for the future of the Startown Road Corridor. The college is extremely excited that housing will be available to students with relocation needs directly adjacent our campus. Another great asset will be the expansion of our highly-rated cosmetology program that will allow us to serve students and expand program credentialing in all areas of the field.”
ABOUT PRESTON RIDGE DEVELOPMENT - partners include Charlotte, NC based BB+M Multi-Family Architect, Lat Purser & Associates, Inc., Commercial Leasing and Management, MyNiche Apartments Multi-family Leasing and Management, Denver, NC based Campbell Design Commercial Architect, ESP Civil Engineer of Cornelius, NC and Neill Grading and Construction in Hickory, NC. Phase 2 of the Preston Ridge project will include an additional commercial building and residential apartments. For commercial leasing information, contact Peyton Gehron at firstname.lastname@example.org or 704-519-4293. For residential leasing information, contact Tracy Garlinghouse at email@example.com or 704-519-4284. For general information, please visit the Preston Ridge website.