Space Craft and partner Swinerton announced that they have secured a $34.5 million LP equity placement and a $98.4 million construction loan for 2125 N Davidson, a 389-unit mid-rise, multi-housing development with 13,751 square feet of ground-floor retail in the fast-growing Mill District of Charlotte, N.C.
JLL worked alongside Space Craft and Swinerton to arrange a joint venture with a pair of institutional investors from Japan. JLL’s International Capital Coverage team provided direct support with the capitalization. JLL sourced the construction financing for the project.
With a completion date in Summer of 2026, 2125 N Davidson will feature studio, one-, two- and three-bedroom units with exposed cross-laminated timber ceilings, laminate hardwood floors, quartz countertops, stainless-steel appliances, extensive window coverage and an average size of 762 square feet. Community amenities will include street-facing retail, rooftop patio with views of Uptown, courtyard
