Fallon Company Breaks Ground on $100M Charlotte Apartments

The Fallon Company started work on The Colwick, a $100 million, 234-unit multifamily rental project at Colwick and Chiswick roads in Charlotte.  The Fallon Co. paid $7 million for the site in December 2022.

Axiom Architecture is the project architect and designer. Edifice Construction is the general contractor, and Santander Bank provided project financing.

The 7-story development will feature:

• 1, 2, and 3-bedroom units
• Co-working lounge with video conferencing rooms
• Saltwater pool
• Onsite pet spa and dog park
• Fitness center with private yoga studio
• Outdoor grill stations and pizza oven
• Garden courtyard with activity lawn and fireside lounge
• Resident social lounge and game room
• Golf Simulator room
• Outdoor gaming lawn with bistro lighting

The Colwick, which is expected to deliver in late 2026, will be the first large-scale rental building in Cotswold in decades.