Community

After Beaty St. fight, Davidson has variety of new projects

By Erica Batten. When Mayor Rusty Knox and a handful of members of the Davidson Board of Commissioners met last month with citizens for the informal coffee chat, the discussion centered on one topic: The 19-acre Beaty Street property owned by the Town.

Plans to develop the property for residential and commercial use were scrapped last summer amid protests from citizens. Commissioners voted last month to create a task force to develop all of the land as a park.

“We’re all Davidsonians, and we’ve got to live together,” said Knox, acknowledging that the Beaty Street property is perhaps the most contentious development issue in Davidson.

Elsewhere in town, development continues at a steady pace. The total assessed value of taxable property in Davidson is currently estimated at $1.8 billion.

The average home sales price in Davidson in 2015 was more than $400,000, but with many new homes priced at over $1 million, Davidson’s tax base is poised for a significant increase over the next few years​:​

Davidson Bay Phase II

Located on Davidson Lake along the north side of Armour Street, the development includes 231 residential units, both single-family detached and multi-family units along with 8,000 square feet of mixed-use/retail space and 36,000 square feet of mixed-use commercial spaces. Completed single-family detached homes in Davidson Bay are listed between $685,000 and $750,000.

Davidson East

CalAtlantic Homes is currently developing the 180-acre property on Davidson-Concord Road. The mixed-used development has nearly 500 housing units and more than 400,000 square feet of office/retail space.

Davidson Commons East Hotel

Located on just over two acres across from the Community School of Davidson, the property will be developed by Charlotte-based Beacon Investment Management Group as two mixed-use buildings.

Davidson Hall

Located at the southern end of Pine Road, the 17-acre development will have 34 single-family homes.

Washam Neighborhood

Ryan Homes began construction in November on the 51.62-acre property on June Washam Road. The completed neighborhood will have 82 homes and about 20 acres of open space.

WestBranch

Lennar Carolinas is developing the 170-acre property along Davidson-Concord Road. It consists of 306 townhouse and detached units and 88 acres of open space. Commercial development is proposed for a later phase of the project.

Davidson Wood Phase 2

Located at the southern terminus of Samuel Spencer Parkway, the 32-acre development will have 41 single-family homes with about 40 percent preserved open space. This phase of development also includes a greenway connection to the Kincaid Trail. The developer is Artisan Custom Homes.

The median listing price of homes in Davidson Wood’s first phase is $1,115,000.

Narrow Passage

Proposed construction of 40 residential units with 37.9 acres of open space on a 59.29-acre property along Shearer and East Rocky River Roads. Plans include a greenway trail with future connection to Fisher Farm Park.

Alexander’s Corner

Located on South Main Street on the Alexander’s Car Wash site, Industrial Maintenance Company applied in January to develop the 2.57-acre property as a mixed-use commercial, retail and residential extension of the surrounding community.

Davidson Springs Phases 3 and 4

4.56 acres on Walnut Street will be developed as seven single-family detached homes and eight townhouses. The $9 million project includes extension of James Alexander Way and greenway construction.

Potts Development

Crescent Communities has proposed a project consisting of 19 townhouses and 276 multifamily units on a 15-acre property on Potts Street.

Summit at River Run

The proposed development will include 28 single-family detached homes and townhomes on 10.44 acres on Rocky Bluff Loop.

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