NHE Announces Construction Start for Parkside at Hickory Grove, its first Affordable Housing Community in North Carolina

Southeastern developer and property management group begins construction on new 80-apartment development near downtown Charlotte


GREENVILLE, SC and CHARLOTTE, NC – November 10, 2020 – Noted Southeastern developer and property management firm NHE, Inc. has begun construction on its latest affordable housing community – and its first in the Charlotte, N.C. area — with the announcement of Parkside at Hickory Grove, an 80-unit apartment home development situated near to downtown Charlotte, N.C.

Parkside at Hickory Grove will join dozens of other NHE affordable housing properties in markets including Spartanburg, Greenville, Rock Hill, Columbia, Charleston and Anderson, South Carolina, along with conventional apartment communities in Asheville, Wilmington, Chattanooga, Greenville, Charleston and other Southeastern markets.

Parkside at Hickory Grove is a joint venture of NHE, SCG Development Partners and Creative Builders of Greenville, South Carolina, with support from Steele Group Architects and Design Resource Group.  The purpose of the initiative is to continue to expand availability of high quality, affordable housing in communities across the Carolinas where growth has created strong need for affordable housing to keep pace with strong population growth.   Apartment units at Parkside at Hickory Grove are available to prospective tenants with household incomes varying from 30% to 80% of area  median levels for the area.

The Parkside at Hickory Grove community is located at 5100 Little Greenleaf Way in Charlotte, a new road at the intersection of Shamrock Drive and Hickory Grove Road.  The 1-, 2- and 3-bedroom apartment homes are located with excellent proximity to the community’s main commercial corridor.   The community is easily accessible to schools, three grocery stores, four pharmacies, a branch library and a senior recreational center, and is served by two bus routes offering service to the VA Hospital, UNC Charlotte, Eastland Community Transit Center Hub and other important retail outlets.

“The Queen City of Charlotte is a growing, thriving area, and NHE is excited to add these high-quality affordable housing apartments at Parkside at Hickory Grove, which we consider to be an excellent addition to Charlotte’s affordable housing landscape,” said Taylor Davis, CEO of NHE, Inc. “We have sought the right opportunities in the market for several years for a project such as this and are pleased to work with our partners in bringing this important initiative to reality.”

Parkside at Hickory Grove Apartments feature  one, two, and three-bedroom units ranging from 736 square feet to 1,157 square feet. Within each unit, residents enjoy high ceilings, high-quality stone countertops, attractive shaker cabinets and luxury vinyl tile flooring, among other features.  All apartments are prewired for cable and internet and have washer/dryer hookups, while the community offers a spacious community room with kitchenette for resident meetings and parties,  fully equipped computer lab, and an onsite laundry.  Attractive seasonal landscaping around buildings, underground utilities, enclosed trash dumpsters, sidewalks and 80 private parking spaces are also featured.

Leasing details, income eligibility guidelines and further information on Parkside at Hickory Grove can be obtained by calling 864.467.1600.

SCG Development Partners is a privately held, integrated real estate development firm focused on creating quality, affordable homes for extraordinary communities.

NHE provides professional association management, conventional and affordable apartment management, and service coordination to communities across the Southeast, and currently represents more than 16,000 homes, apartments and condominiums in more than 15 states.  NHE’s clients benefit expertise, experience and leading-edge technology delivered by a dedicated staff offering diverse services to assure premium performance and value. Actively engaged with national and state industry trade associations and government regulatory bodies, NHE holds the prestigious AMO (Accredited Management Organization) designation through the Institute of Real Estate Management.  Contact NHE at 864.467.1600 or visit www.NHE-Inc.com.