A new single-family neighborhood with just under 300 homes is planned for a piece of land in walking distance from downtown Pineville.
MPV Properties announced Thursday that a 105-acre tract sold this summer for $4.86 million would be developed into a Meritage Homes community called Preston Park.
Map courtesy of MPV
The 299 homes would range in size from 1,800 square feet to 2,500 square feet, with prices ranging from $275,000 to $325,000.
Construction is set to begin by the end of the year.
Renderings by Meritage Homes
Pineville is one of the least developed of the Mecklenburg County suburban towns, but there has been a resurgence of interest in recent years. Other projects include a proposed townhome community and a redevelopment of the historic Cone Mill.
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