STEELE CREEK NEWS

Steele Creek is "Active Development Area"

(6/3/2001) In an article in the Charlotte Observer on June 1, Doug Smith reported that another townhouse development is coming to the area. This one is called Savannah Townhomes. It will have 218 units and is located on South Tryon Street about a half-mile south of the Carowinds Boulevard intersection.

This is only one of the many developments of single-family and townhouse units popping up in the area almost daily, and the following quotes from Smith's article explain why.

"Southwest Mecklenburg, one of the Charlotte area's biggest industrial and office employment centers, is becoming a magnet for residential development as well."

"Developers have started Savannah Townhomes, a 218-unit project that targets people working in office parks and warehouses clustered" in southwest Mecklenburg.

"'That's definitely what attracted us: there are a lot of jobs and a lot of people who can afford to buy our townhomes,' said David Nance...who is spearheading the project..."

"Southwest Mecklenburg has emerged over the past few years as one of the county's most active development areas. Water and sewer lines are being extended to the area, and road improvements are making it more accessable."

"Developers say lower land costs make vacant tracts in southwest Mecklenburg attractive to home builders operating in the county's most active sales price range for houses and condos: $100,000 to $139,000."

"Steele Creek residents are likely to see even more development as the outerbelt is completed between Interstates 85 and 77 by mid-2003."

(From the Griers Fork HOA website.)