The new condominium will bring 17 luxury units to the Myers Park area, starting at $1.5M.

Echelon on Queens will be located at 409 Queens Road once the project is completed in Fall 2024.

Why it matters: Charlotte home prices continue to skyrocket and Charlotte incomes aren’t increasing at the same pace, as Axios’ Bri Crane pointed out recently.

• Yes, but: Homes in the millions are typical in the Myers Park neighborhood. And they’re highly desirable— often receiving pending offers as quickly as 4 days after being put on the market. Some of the hot homes are also selling 9% above list price.

Details: The Echelon on Queens condos will have open-concept floor plans ranging from 2,029 to 2,537 square feet.

• There’ll be two and three-bedroom options and up to three-and-a-half baths.
• Each home will have an outdoor deck, private elevator access, and dedicated parking.

Bonus: There are exclusive top floor penthouses that span over 4,500 square feet but there are only two.

• Both houses have three bedrooms and three and a half bathrooms.
• Special features include a study, expansive balcony, chef’s kitchen, retreat room and wine cellar.

Thought bubble: With nearly five decades of experience across the Carolinas, award-winning Simonini is behind the build of this project.

• Most of the luxury condos by Simonini are fairly popular, with most being sold out, there’s no doubt that this new residence will follow suit.