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GMH Communities, AEW complete land buy for 382-unit tower in Charlotte
The ANOVA The Pearl project will include 5% affordable units and 6,621 square feet of street-level retail, with an expected Summer 2028 opening.
GMH Communities, partnered with AEW Capital Management, has completed a land acquisition for ANOVA The Pearl, a 20-story, 382-unit luxury residential mixed-use development in Charlotte, North Carolina.
The tower is planned for the Pearl innovation district at the intersection of South McDowell Street and Pearl Park Way, covering 1.3 acres, and is expected to open for occupancy in Summer 2028.
The project will include 6,621 square feet of ground-floor retail space, along with an amenity package featuring a fitness center, clubhouse, golf simulator, and wellness-focused sauna and cryotherapy chambers.
ConnectCRE reports that 5% of the 382 units will be reserved for affordable housing.