Charlotte, NC, August 27, 2025
News Summary
EMBREY has finalized financing and land acquisition for Stateswood, its newest luxury multifamily development in Charlotte. The project will include 300 residential units, catering to modern living with upscale amenities. Positioned at the intersection of I-77 and I-485, Stateswood aims to provide easy access to Uptown Charlotte and nearby retail options. The development signifies EMBREY’s expanding footprint in the region, with pre-leasing managed by EMBREY Management Services and initial units expected to be available in 2027.
Charlotte, NC – EMBREY, a real estate investment company based in San Antonio, has successfully completed the financing and land acquisition for its latest luxury multifamily development named Stateswood. This project, located on Twin Lakes Parkway, will feature a total of 300 residential units. Stateswood represents EMBREY’s fifth development since entering the Charlotte market in 2022, highlighting the company’s growing presence in the region.
Designed to meet the demands of modern living, Stateswood aims to provide high-quality housing options with contemporary finishes and a range of sought-after amenities. Located at the intersection of I-77 and I-485, the site offers direct access to Uptown Charlotte, making it a convenient choice for commuters and residents alike. Additionally, Stateswood will be situated near various retail options, parks, and lifestyle amenities, enhancing its appeal.
The development will offer a mix of one- and two-bedroom apartments, each thoughtfully designed with modern finishes such as wood-style flooring, granite countertops, and tiled backsplashes. EMBREY has also incorporated flexibility for those who work from home, recognizing the evolving needs of residents.
Amenities at Stateswood
Residents of Stateswood can expect to enjoy a range of luxurious amenities, including:
- A private clubhouse and coworking lounge with micro-offices
- A club room featuring billiards
- A resort-style swimming pool
- A courtyard equipped with grilling areas
- A pet park and dog wash
- A 24-hour package room with refrigeration
- A fitness center complete with an outdoor fitness patio
Pre-leasing for Stateswood will be managed by EMBREY Management Services, with the first units anticipated to be available in the first quarter of 2027. This timeline allows prospective residents to plan their transition into the luxury living environment.
Market Impact
Brad Knolle, EMBREY’s executive vice president of development, has noted that Charlotte is a particularly attractive market due to its economic strength, population growth, and a highly educated workforce. As the city continues to expand, developments like Stateswood are expected to play a critical role in providing quality housing options for new and existing residents.
Key Features of Stateswood
| Feature | Description |
|---|---|
| Unit Count | 300 luxury multifamily units |
| Unit Types | One- and two-bedroom apartments |
| Amenities | Clubhouse, coworking space, pool, fitness center, etc. |
| Accessibility | Conveniently located near I-77 and I-485 |
| Expected Opening | First quarter of 2027 |
FAQ
What is Stateswood?
Stateswood is a luxury multifamily development being built by EMBREY in Charlotte, comprising 300 residential units.
Where is Stateswood located?
Stateswood is situated on Twin Lakes Parkway at the intersection of I-77 and I-485 in Charlotte.
When will Stateswood be available for leasing?
The first units are expected to be available in the first quarter of 2027.
What types of units will be offered at Stateswood?
Stateswood will feature a mix of one- and two-bedroom apartments.
What amenities can residents expect at Stateswood?
Amenities will include a clubhouse, coworking lounge, pool, fitness center, pet park, and more.
Timeline of Events
| Date | Event | Status |
|---|---|---|
| 2022 | EMBREY enters the Charlotte market | Completed |
| 2023 | Completion of land acquisition and financing for Stateswood | Completed |
| Q1 2027 | Expected availability of first units | Upcoming |
Deeper Dive: News & Info About This Topic
HERE Resources
Additional Resources
- GlobeNewswire
- Wikipedia: Charlotte, North Carolina
- Charlotte Ledger
- Google Search: Saunas in Luxury Homes
- KissFM 95.1
- Google Scholar: Eastover Estate Record
- New York Post
- Encyclopedia Britannica: North Carolina Real Estate
- Wall Street Journal
- Google News: Ricky Stenhouse Jr Luxury Home
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