Half of The Catalyst Condos in Uptown Charlotte Will be Rentals

Posted On: February 6, 2009 By: admin

The recession has not halted another Uptown Charlotte Condo project, just cut it in half.   Novare Group is cutting The Catalyst Condos into half rentals and half condos.  The 27 story tower which has 462 units will be cut in half.  Units on floors 2 – 14 will be rentals and floors 15 – 27 will be condo for sale.  People under contract will have the option of buying, leasing or request a deposit refund.

In total The Catalyst will have 228 apartments and 234 condos for purchase.   Only 60 condos were under contracts which led to this decision.  The Catalyst Condos will be the only high-rise apartment in Uptown Charlotte. 

The Novare Group just recently completed The Avenue Condos in Uptown Charlotte.   Currently the only Condo project under construction in Uptown Charlotte is The Vue Condos which are located in the Fourth Ward.

Category: Third Ward