CORNELIUS, N.C. — A group of local developers have unveiled plans for Cornelius Woods, an active adult community in Cornelius.
NC Homes and Associates plan to build 110 units on 8.5 acres purchased from Mount Zion United Methodist Church for roughly $1 million. The project is valued at about $20 million and reflects trends in real estate and an aging population in the Lake Norman-Cornelius-Davidson area.
Located just north of Charlotte, groundbreaking is scheduled for late 2019. Units are restricted to residents over age 55.
Cornelius Woods will include one- and two-bedroom condos and two- and three-bedroom villas. Floor plans range in size from 870 to over 2,000 square feet.
Christy Allen, a Lake Norman-area realtor and part of the project leadership team, said the group saw the need for this new community and is excited about its potential. Other project team leaders include Wyatt Clark Sr., founder of WAC Contracting and a partner in NC Homes and Associates, and Curt Needham, a partner in NC Homes and Associates.
“Location is what people are looking for when making real estate choices and Cornelius Woods is situated perfectly to so many attractions,” says Allen.