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Lake Norman’s Next Chapter: New Development Unveils 259 Multifamily Homes

Artistic rendering of the new Lake Norman mixed-use community with homes and commercial areas.

Huntersville, NC, February 16, 2026

High Street District Development Inc. is set to revolutionize the Lake Norman area with plans for a mixed-use community featuring 259 multifamily homes and commercial spaces. Located near the bustling Huntersville region, this initiative aims to address rising housing demands while enhancing local commerce. The project showcases the ongoing economic growth in Charlotte, driven by private investment and innovative planning. As the housing market evolves, this development represents a significant step toward supporting the region’s expanding population and workforce.

Lake Norman’s Next Chapter: New Development Unveils 259 Multifamily Homes

A significant new development is poised to enhance the vibrant Lake Norman area, bringing hundreds of new residences and commercial opportunities. This project underscores the ongoing economic dynamism and private investment driving growth in the broader Charlotte region, a testament to entrepreneurial innovation and strategic planning.

Charlotte, NC, continues its trajectory of economic growth, attracting both residents and businesses to its dynamic metropolitan area. The Lake Norman region, a crucial component of this prosperity, is seeing sustained development aimed at meeting the rising demand for diverse housing and commercial spaces. This growth highlights the benefits of private investment in fostering resilient local economies and creating opportunities for North Carolina entrepreneurs and residents alike.

A New Vision for Lake Norman Housing

Plans have been submitted to the Huntersville Planning Department by High Street District Development Inc., a Texas developer, for a substantial mixed-use community in the Lake Norman area. This proposed development would introduce 259 multifamily homes alongside commercial spaces. The project is situated on 11.87 acres on Old Statesville Road, near Mount Holly-Huntersville Road in Huntersville, NC.

This initiative represents a significant commitment to developing live-work-play environments that are increasingly sought after by those seeking the Lake Norman lifestyle. The inclusion of commercial space within the development is expected to support local businesses and provide convenient amenities for future residents.

Meeting Growing Housing Demands

The Lake Norman area has experienced considerable population growth, fueled by Charlotte’s expanding economy, which attracts professionals and families. This influx has led to a consistent demand for a variety of housing options, including apartments and townhomes. The region’s housing market is characterized by strong resilience and growth, with demand frequently outpacing supply.

The proposed 259 multifamily homes are set to address a portion of this ongoing demand, offering modern living spaces in a desirable location. Such developments are crucial for maintaining an accessible housing market and accommodating the growing workforce drawn to the region’s economic prospects.

Private Investment Fuels Economic Growth

Private sector developments, like the one proposed by High Street District Development Inc., are fundamental drivers of Charlotte NC business and regional economic expansion. These projects bring substantial capital investment and generate new jobs, from construction to retail and services within the new commercial spaces.

Charlotte itself celebrated a remarkable year for business recruitment in 2025, securing over $424 million in investment and creating nearly 4,000 new jobs across 15 project announcements. This broader trend of economic vitality within the Charlotte metropolitan area underscores the positive environment for significant new developments in communities like Huntersville and Mooresville, which benefit from the region’s overall prosperity. Projects that incorporate mixed-use elements are particularly effective in fostering dynamic local economies by combining residential, retail, and sometimes office spaces.

Entrepreneurial Spirit and Local Opportunity

The Lake Norman area is recognized as an attractive destination for North Carolina entrepreneurs and remote workers, offering a blend of peaceful living with access to Charlotte’s robust economic ecosystem. The improvement in high-speed internet infrastructure across the region further supports professionals who work from home or utilize local co-working spaces.

Organizations like LaunchLKN are dedicated to nurturing the tech-based startup scene in the Lake Norman area, connecting entrepreneurs with mentors and resources. The Lake Norman Small Business Network also provides a free, inclusive regional platform for Charlotte small business owners and professionals to connect and collaborate, highlighting a strong community commitment to supporting local ventures.

Enhancing Community Infrastructure

Thoughtful development also often includes commitments to improving local infrastructure. For example, another Charlotte developer, Cambridge Properties, secured approval for their Witherspoon Woods development in Mooresville, committing $1.5 million to road improvements. While specific details for the Old Statesville Road project’s infrastructure contributions were not detailed, such large-scale developments typically coordinate with local authorities to ensure that public services and transportation networks can accommodate new residents and commercial activity. The Lake Norman area is also undergoing significant infrastructure transformations, including multi-million-dollar road expansions.

The continued investment in the Lake Norman area, including the proposed multifamily and commercial development in Huntersville, signifies a promising outlook for the region’s economic landscape. By embracing innovative housing solutions and supporting local commerce, Charlotte and its surrounding communities reinforce their commitment to growth, opportunity, and a high quality of life for all residents. Engaging with local businesses and staying informed about these developments is key to participating in Charlotte’s exciting economic future.


Frequently Asked Questions

What is the new development planned for the Lake Norman area?
High Street District Development Inc., a Texas developer, has submitted plans for a mixed-use community in Huntersville, NC. This development includes 259 multifamily homes and commercial space.
Where is this development located?
The project is planned for 11.87 acres on Old Statesville Road near Mount Holly-Huntersville Road in Huntersville, NC.
Who is the developer behind this project?
The developer is High Street District Development Inc., a company based in Texas.
How will this development impact the Lake Norman area?
This development aims to address the growing demand for housing and commercial spaces in the Lake Norman area. It is expected to contribute to economic growth through private investment and job creation.
What are some general economic trends in the Charlotte-Lake Norman region?
The Charlotte-Lake Norman region is experiencing significant economic growth, rapid population expansion, and strong business recruitment. Demand for housing consistently outpaces supply, contributing to appreciation in property values.


Key Features of the Huntersville Mixed-Use Development

Feature Details
Developer High Street District Development Inc. (Texas-based)
Location Old Statesville Road near Mount Holly-Huntersville Road, Huntersville, NC
Acreage 11.87 acres
Residential Units 259 multifamily homes
Commercial Space Included in the mixed-use plan
Project Type Mixed-use community

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Author: HERE Charlotte

The CHARLOTTE STAFF WRITER represents the experienced team at HERECharlotte.com, your go-to source for actionable local news and information in Charlotte, Mecklenburg County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Lovin' Life Music Festival, Charlotte Pride festival, and major sporting tournaments at Bank of America Stadium. Our coverage extends to key organizations like the Charlotte Regional Business Alliance and Foundation for the Carolinas, plus leading businesses in finance and entertainment that power the local economy such as Bank of America and NASCAR. As part of the broader HERE network, including HEREAsheville.com, HEREGreensboro.com, HERERaleigh.com, and HEREOBX.com, we provide comprehensive, credible insights into North Carolina's dynamic landscape.

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