Daniel Corp. has acquired two parcels at 306 N. Graham St. and 420 W. Sixth St. in Uptown Charlotte that have been on the market for three years. The Atlanta Business Chronicle reports the developer paid $9 million for the two sites, which total 1.6 acres along North Graham Street between West Sixth and Seventh Streets. Capstone Cos. listed the site for sale in Nov. 2020. For the three years the land has been on the market, Daniel has been actively pursuing it. The company has been working on zoning and permitting issues on the site since 2021.

Daniel Corp. is planning a 241-unit, seven-story building offering studio, one- and two-bedroom apartments. The property will include an elevated pool deck, coworking space, state-of-the-art fitness studio, two-story resident social space, conditioned bike storage and repair room, resident-only market on site, and secured and covered parking. The project will include 1,500 square feet of ground-floor retail space.

Birmingham-based Brasfield & Gorrie is the general contractor.