Charlotte-based Canvas Residential Partners is teaming up with a California investment firm to develop build-to-rent townhomes in the University submarket.

Canvas and Los Angeles-based Pacific Coast Capital Partners recently broke ground on Skymor Research Park, a 70-unit BTR community at 11108 Mallard Creek Road. The three-story townhomes are under construction on a 9-acre site within University Research Park.

The development will have 44 four-bedroom units averaging 1,893 square feet and 26 three-bedroom units averaging 1,768 square feet. Each townhome will include a two-car garage and private balcony as well as quartz countertops, stainless steel appliances, luxury vinyl plank flooring, dual bathroom vanities and walk-in showers.

The property will also feature central green space, sidewalks and pocket parks.

The first units are expected to deliver in the third quarter of 2026.

Creighton Call, managing partner at Canvas Residential Partners, said in a news release that the partnership with PCCP is based on the firm’s experience as an owner and investor in purpose-built rental housing.

PCCP acquired the two-parcel site at 11108 and 11128 Mallard Creek roads in May for $2.98 million, according to Mecklenburg County property records. The firm has made various other investments in the Charlotte market, including a five-building industrial development at Shopton Ridge Business Park. It also provided construction financing for The Line, Portman Holdings’ 16-story, 300,000-square-foot office building at 2151 Hawkins St. as well as for Regions 615, a 17-story, 360,000-square-foot building at 615 S. College St., also developed by Portman.

Canvas officially launched in 2022 by Call and Collett Capital. Its local portfolio includes Avery Place at 8620 Steele Creek Road, which delivered in 2023; Oak Lake at 9100 Blue Dale Road, which delivered in 2024; Marglyn at Matthews at 1748 Marglyn Drive, which delivered in 2025; and The Groves at 2312 Ben Craig Drive, which delivered in 2025.

The platform focuses on the development of build-to-rent communities between 60 and 250 units throughout the Southeast. The team has closed on over $600 million in real estate investments totaling more than 1,900 units in the past several years.

Skymor is the latest in a swath of build-to-rent projects that have broken ground in the Charlotte market this year.

California-based BrightSky Residential recently started construction on its first local project, a 152-unit townhome development at 1325 Peachtree Road; Charlotte homebuilder Taylor Morrison filed plans in October for a 250-unit development at IMB Drive near Innovation Park; and Chicago-based Origin Investments will break ground in early 2026 on 120 BTR townhomes, which will be phase two of Trailside NoDa 3600 Philemon Ave.

This article was origially published in The Charlotte Business Journal.

Build-to-rent community coming soon to Moncks Corner

General contractor and home builder Center Park Group announces groundbreaking of Wellstead at Strawberry, an 84-unit build-to-rent (BTR) community in Moncks Corner, S.C., located near the intersection of SC-52 and Old SC-52. This community will offer residents convenient living near Hwy 52 and major employers in Moncks Corner, Summerville, Goose Creek, and Charleston.

“Canvas Residential Partners is excited to enter the Charleston MSA BTR market with a proven and trusted partner in Center Park Group,” states Creighton Call, managing partner with Canvas Residential Partners.

Land development activity began in April 2025, and Center Park Group plans to commence with vertical construction in January 2026.

Center Park Group is excited to kick off another development with Canvas Residential Partners. This project will feature 84 three- and four-bedroom townhomes with attached one- and two-car garages. The three-bedroom plan is spacious, featuring 1,451 square feet and two-and-a-half bathrooms, while the four-bedroom plan boasts 1,737 square feet of living space and two-and-a-half bathrooms. Both plans feature modern design elements, including stainless steel appliances, quartz countertops, luxury vinyl plank flooring, and designer cabinetry. Within the community, residents will enjoy a dog park and a grilling station, perfect for connecting with neighbors.

“Our partnership with Canvas Residential reflects the type of collaboration that really drives success in the build-to-rent sector,” said Jason Esposito, president of Center Park Group. “As we move toward vertical construction in early 2026, we’re excited to see our shared vision for this community take shape in Moncks Corner.”

Townes at Strawberry will connect residents to the serene backdrop of Moncks Corner, offering easy access to the area’s most beloved outdoor destinations. From refreshing weekends spent on Lake Moultrie or along the Cooper River to exploring the natural beauty of Cypress Gardens, which was featured in films such as “The Notebook” and “The Patriot,” residents will enjoy a lifestyle surrounded by scenic charm and low-country tranquility. Wellstead at Strawberry is conveniently located adjacent to Hwy 52 and 9 miles from I-26. Lowes and Walmart are 3.5 miles away, and golf enthusiasts can practice their swings at Crowfield Golf Course and Berkeley Country Club, just minutes away.

As a leader in BTR construction across the Southeast, Center Park Group is making a strong impact through strategic partnerships with institutional investors, REITs and regional developers. The company’s expanding footprint includes 30 active communities representing over 3000 homes in various stages of construction and development, demonstrating the scale, speed, and reliability of its regional construction platform.

About Center Park Group

Center Park Group is a premier builder of high-quality, single-family detached and attached housing communities. Focused on the Build-to-Rent sector, the company delivers sustainable, investment-grade residential developments tailored to client needs. Leveraging a blend of commercial and residential construction expertise, Center Park ensures operational efficiency, on-time delivery and uncompromising quality, enhancing communities while creating value for investors.

For more information about Center Park Group, visit www.cpbuilderservices.com or call 843-800-5311.

This article was originally posted on Citybiz.com.

An elevation rendering shows a 79-unit townhome project proposed near the intersection of North Kerr Avenue and Martin Luther King Jr. Parkway. (Image courtesy of city of Wilmington)

A development firm out of Charlotte recently paid $2.95 million for land on North Kerr Avenue.

Canvas Residential Partners LLC of Charlotte purchased the 11 acres, just south of Martin Luther King Jr. Parkway in Wilmington, with plans to develop 79 build-for-rent townhomes on the site, according to a news release from Wilmington-based commercial real estate firm Maus, Warwick, Matthews & Co. Site plans call the development Azalea Park.

Prior to the sale, the property was comprised of several different tax parcels belonging to the Raines Family, some of which were within the Wilmington city limits and some adjacent in the unincorporated area of the county, the release stated. 

“The unincorporated parcels were annexed into the city and rezoned to allow for multifamily development after a unanimous vote to approve the request by the Wilmington City Council,” according to the release. 

Hansen Matthews of Maus, Warwick, Matthews & Co. represented the sellers in this transaction.

The cottage townhomes are expected to feature modern interior layouts, private backyards and attached garages, the release stated. 

Canvas Residential Partners develops, operates and manages build-for-rent townhome, cottage-style and multifamily communities, according to its website. 

This article was origially posted on Wilmington Biz.

Center Park Group launches 82 build-to-rent townhomes adjacent to University Research Park

Center Park Group, a premier general contractor and homebuilder specializing in build-to-rent (BTR) development throughout the Southeast, announces that vertical construction is underway at The Groves, an 82-unit BTR townhome community located adjacent to University Research Park, one of Charlotte’s most dynamic employment and innovation hubs.

Construction, which began in May 2025, is progressing quickly. Framing is complete on three buildings, foundations are poured for multiple units and additional homes are prepped for immediate buildout. With strong momentum, Center Park Group remains on track for a projected July 2026 completion.

Developed in partnership with Canvas Residential, The Groves will feature 82 rear-load townhomes across 6.9 acres. Two thoughtfully designed floor plans—each offering three bedrooms and either a one- or two-car garage—range from 1,650 to 1,700 square feet. The larger plan introduces a distinctive four-story layout with a private top-floor bedroom suite, providing an added level of privacy and comfort.

“We’re proud to once again partner with Canvas Residential to bring another high-performing build-to-rent community to the Charlotte market,” said Jason Esposito, CEO of Center Park Group. “Our reputation is built on execution—delivering projects on time, on budget and with the highest standards of quality. Institutional partners trust Center Park Group because we blend efficiency with lasting value, creating communities designed for today while ensuring strong returns for the future.”

Homes at The Groves seamlessly blend style and convenience. Each townhome includes a private balcony, durable HardiePlank siding and timeless brick accents. The community’s location—immediately adjacent to University Research Park—offers residents an unparalleled lifestyle. Just steps away, the neighborhood is home to major employers such as Wells Fargo, IBM and Vanguard, positioning residents within minutes of top career opportunities. The area also boasts access to popular shopping and recreation, including Trader Joe’s, Clarks Creek and Mallard Creek Greenways and an array of dining and retail destinations. With Research Park’s walkable trails, vibrant corporate presence and easy access to UNC Charlotte, residents will enjoy a unique balance of work, wellness and convenience.

For more information on the neighborhood visit Groves Townhomes | 3-Bedroom Homes for Rent in Charlotte, NC.

Center Park Group continues to accelerate its expansion across the Southeast, supported by partnerships with REITs, institutional multifamily developers and regional residential real estate firms. With 31 active communities totaling more than 2,900 homes, the company demonstrates the scale, speed and reliability of its construction platform.

About Center Park Group

Center Park Group is a premier builder of high-quality single-family detached and attached housing communities. Specializing in the Build-to-Rent sector, the company delivers investment-grade residential developments tailored to client and market needs. By combining commercial and residential construction expertise, Center Park Group ensures efficiency, on-time delivery and uncompromising quality—strengthening communities while maximizing investor value.

For more information about Center Park Group, visit www.cpbuilderservices.com or call 843-800-5311.

This artcile was originally posted on CityBiz.

A new build-to-rent community is underway in Matthews. The first residents there are expected to move in later this year.

South Carolina-based homebuilder Center Park Group has started construction on Marglyn at Matthews, a 73-unit rental townhome project. CPG is building the project on behalf of Canvas Residential Partners, which was formed by Charlotte-based Collett Capital in 2022 to develop BTR communities. Marglyn at Matthews will include a mix of three- and four-bedroom townhomes.

Preleasing at Marglyn at Matthews is expected to begin in August, with move-ins to start in September.

The project is at 1748 Marglyn Drive near the interchange of U.S. 74 and Interstate 485. The site was acquired for $3.65 million by an entity affiliated with Canvas Residential and Collett Capital in 2023, according to Mecklenburg County real estate records. It bought the site from The Leon Levine Foundation, records show.

Matthews town records show Canvas Residential received a preliminary plat approval last year for the Marglyn project.

CPG also partnered last year with Canvas Residential to build a 222-unit townhome project in the Mountain Island Lake area of Charlotte.

“Marglyn at Matthews represents our continued commitment to building high-quality, intentionally located rental communities that meet the growing demand for flexible living,” said Jason Esposito, CEO and managing partner of Center Park Group.

Collett Capital teamed with Creighton Call, formerly of Crescent Communities and Davidson Homes, to launch Canvas Residential three years ago. The company focuses on developing BTR communities with between 60 and 250 homes and a mix of floorplans with two to four bedrooms.

This article was originally published in the Charlotte Business Journal.

Center Park Group, a leading general contractor and home builder specializing in innovative multifamily and build-to-rent (BTR) communities across the Southeast, proudly announces the timely completion of the first three buildings at Avery Square in Charlotte, North Carolina. This marks a significant milestone in delivering all 36 luxury townhomes by April. As Phase II of the successful Avery Place development, which introduced 58 townhomes in 2024, Avery Square continues the commitment to high-quality, low-maintenance rental housing.

“We are excited to continue our collaboration with Canvas Residential on this dynamic Charlotte project,” said Jason Esposito, CEO and Managing Partner of Center Park Group. “Avery Square represents a key expansion of the Avery Place community, reinforcing our dedication to delivering high-quality, on-time, and on-budget rental homes. With multiple projects underway alongside Canvas Residential [Partners], we look forward to growing our impact in Charlotte and beyond.”

Prospective residents will have thoughtfully designed floor plans to choose from, ranging from 1,418 to 1,435 square feet, each featuring three bedrooms, two-and-a-half baths, and one-car attached garages. These townhomes seamlessly blend modern convenience with luxury, offering smart-home technology, quartz countertops, stainless steel appliances, and hardwood-style flooring. Additional amenities include in-unit washers and dryers, valet trash service, high-speed internet, and private fenced-in yards, per plan.

Nestled in a prime Steele Creek location, Avery Square offers the perfect balance of urban accessibility and suburban tranquility. Residents will enjoy proximity to Charlotte Premium Outlet’s diverse retail, dining, and entertainment options, as well as easy access to Lake Wylie, U.S. National White Water Center, Charlotte Douglas International Airport, and I-485 and I-77 ensuring seamless connectivity to Uptown Charlotte and beyond.

With over 700 homes currently under development across the Charlotte and Atlanta metro areas, Center Park Group and Canvas Residential remain committed to expanding their footprint in the BTR space.

Avery Square is located at 8620 Steele Creek Rd, Charlotte, NC 28273. To explore leasing opportunities or schedule a community tour, visit www.AveryTownhomes.com/p/avery-square.

About Center Park Group

Center Park Group is a premier builder of high-quality, single-family detached and attached housing communities. Focused on the Build-to-Rent sector, the company delivers sustainable, investment-grade residential developments tailored to client needs. Leveraging a blend of commercial and residential construction expertise, Center Park ensures operational efficiency, on-time delivery, and uncompromising quality, enhancing communities while creating value for investors.

For more information about Center Park Group, visit www.cpbuilderservices.com or call 843-800-5311.

This article was originally posted at CarolinaRealEstateForum.com.

New Uptown Charlotte community to feature 37 luxury rental townhomes

Center Park Group, a leading general contractor and home builder specializing in innovative multifamily and build-to-rent (BTR) communities across the Southeast, proudly announces the timely completion of the first three buildings at Avery Square. This marks a significant milestone in delivering all 36 luxury townhomes by April. As Phase II of the successful Avery Place development, which introduced 58 townhomes in 2024, Avery Square continues the commitment to high-quality, low-maintenance rental housing.

“We are excited to continue our collaboration with Canvas Residential on this dynamic Charlotte project,” said Jason Esposito, CEO and Managing Partner of Center Park Group. “Avery Square represents a key expansion of the Avery Place community, reinforcing our dedication to delivering high-quality, on-time, and on-budget rental homes. With multiple projects underway alongside Canvas Residential [Partners], we look forward to growing our impact in Charlotte and beyond.”

Prospective residents will have thoughtfully designed floor plans to choose from, ranging from 1,418 to 1,435 square feet, each featuring three bedrooms, two-and-a-half baths, and one-car attached garages. These townhomes seamlessly blend modern convenience with luxury, offering smart-home technology, quartz countertops, stainless steel appliances, and hardwood-style flooring. Additional amenities include in-unit washers and dryers, valet trash service, high-speed internet, and private fenced-in yards, per plan.

Nestled in a prime Steele Creek location, Avery Square offers the perfect balance of urban accessibility and suburban tranquility. Residents will enjoy proximity to Charlotte Premium Outlet’s diverse retail, dining, and entertainment options, as well as easy access to Lake Wylie, U.S. National White Water Center, Charlotte Douglas International Airport, and I-485 and I-77 ensuring seamless connectivity to Uptown Charlotte and beyond.

With over 700 homes currently under development across the Charlotte and Atlanta metro areas, Center Park Group and Canvas Residential remain committed to expanding their footprint in the BTR space.

Avery Square is located at 8620 Steele Creek Rd, Charlotte, NC 28273. To explore leasing opportunities or schedule a community tour, visit www.AveryTownhomes.com/p/avery-square.

About Center Park Group

Center Park Group is a premier builder of high-quality, single-family detached and attached housing communities. Focused on the Build-to-Rent sector, the company delivers sustainable, investment-grade residential developments tailored to client needs. Leveraging a blend of commercial and residential construction expertise, Center Park ensures operational efficiency, on-time delivery, and uncompromising quality, enhancing communities while creating value for investors.

For more information about Center Park Group, visit www.cpbuilderservices.com or call 843-800-5311.

This article was originally posted on citybiz.com.

Center Park Group, a leading general contractor and home builder specializing in innovative multifamily and build-to-rent (BTR) communities across the Southeast, proudly announces the timely completion of the first three buildings at Avery Square. This marks a significant milestone in delivering all 36 luxury townhomes by April. As Phase II of the successful Avery Place development, which introduced 58 townhomes in 2024, Avery Square continues the commitment to high-quality, low-maintenance rental housing.

“We are excited to continue our collaboration with Canvas Residential on this dynamic Charlotte project,” said Jason Esposito, CEO and Managing Partner of Center Park Group. “Avery Square represents a key expansion of the Avery Place community, reinforcing our dedication to delivering high-quality, on-time, and on-budget rental homes. With multiple projects underway alongside Canvas Residential [Partners], we look forward to growing our impact in Charlotte and beyond.”

Prospective residents will have thoughtfully designed floor plans to choose from, ranging from 1,418 to 1,435 square feet, each featuring three bedrooms, two-and-a-half baths, and one-car attached garages. These townhomes seamlessly blend modern convenience with luxury, offering smart-home technology, quartz countertops, stainless steel appliances, and hardwood-style flooring. Additional amenities include in-unit washers and dryers, valet trash service, high-speed internet, and private fenced-in yards, per plan.

Nestled in a prime Steele Creek location, Avery Square offers the perfect balance of urban accessibility and suburban tranquility. Residents will enjoy proximity to Charlotte Premium Outlet’s diverse retail, dining, and entertainment options, as well as easy access to Lake Wylie, U.S. National White Water Center, Charlotte Douglas International Airport, and I-485 and I-77 ensuring seamless connectivity to Uptown Charlotte and beyond.

With over 700 homes currently under development across the Charlotte and Atlanta metro areas, Center Park Group and Canvas Residential remain committed to expanding their footprint in the BTR space.

Avery Square is located at 8620 Steele Creek Rd, Charlotte, NC 28273. To explore leasing opportunities or schedule a community tour, visit www.AveryTownhomes.com/p/avery-square. For more information about Center Park Group, visit www.cpbuilderservices.com or call 843-800-5311.

This article was originally posted in Multifamily Press.

A Modern Addition to a Growing Community

Avery Square, the latest build-to-rent townhome community in Charlotte’s Steele Creek neighborhood, has reached a major construction milestone with the completion of its first three buildings. All 36 luxury units are on track to be fully delivered by April, bringing new housing options to one of the city’s most dynamic and accessible areas.

As the second phase of the successful Avery Place development—which introduced 58 townhomes in 2024—Avery Square is designed to meet the rising demand for upscale, low-maintenance rental housing. This project reinforces the area’s growth as a premier destination for individuals and families seeking both convenience and comfort.

Built for Modern Living

Each townhome at Avery Square spans between 1,418 and 1,435 square feet and features three bedrooms, two-and-a-half bathrooms, and an attached one-car garage. The homes are thoughtfully designed with high-end finishes such as quartz countertops, stainless steel appliances, hardwood-style flooring, and smart-home technology.

Additional amenities include in-unit washers and dryers, valet trash service, high-speed internet, and private fenced-in yards in select units, offering residents a seamless blend of privacy and convenience.

Strategic Location in Steele Creek

Positioned at 8620 Steele Creek Rd, Avery Square provides residents with quick access to some of Charlotte’s top destinations. The community is just minutes from Charlotte Premium Outlets, Lake Wylie, the U.S. National Whitewater Center, and is well-connected via I-485 and I-77. Charlotte Douglas International Airport is also nearby, making travel effortless.

This prime location offers a unique mix of urban accessibility and suburban tranquility—an increasingly desirable combination for renters in the region.

Also Read: South Charlotte $500 million mixed use development project

Project Vision and Collaboration

While Avery Square reflects a continuation of design and planning excellence from the Avery Place phase, its delivery is part of a larger vision to bring high-quality rental housing to fast-growing Southeast markets.

“We are excited to continue our collaboration with Canvas Residential on this dynamic Charlotte project,” said Jason Esposito, CEO and Managing Partner of Center Park Group, the project’s general contractor. “Avery Square represents a key expansion of the Avery Place community, reinforcing our dedication to delivering high-quality, on-time, and on-budget rental homes. With multiple projects underway alongside Canvas Residential [Partners], we look forward to growing our impact in Charlotte and beyond.”

Project Factsheet

• Project Name: Avery Square
• Location: 8620 Steele Creek Rd, Charlotte, NC 28273
• Development Phase: Phase II of the Avery Place community
• Total Units: 36 luxury townhomes
• Unit Size Range: 1,418 – 1,435 sq. ft.
• Bedrooms/Bathrooms: 3 beds / 2.5 baths per unit
• Garage: One-car attached per unit
• Interior Features: Quartz countertops, stainless steel appliances, smart-home technology, hardwood-style flooring
• Community Amenities: In-unit washer and dryer, valet trash service, high-speed internet, private fenced-in yards (per plan)
• Nearby Attractions: Charlotte Premium Outlets, Lake Wylie, U.S. National Whitewater Center
• Connectivity: Close to I-485, I-77, and Charlotte Douglas International Airport
• Completion Timeline: Full delivery expected by April 2025
• Developer: Canvas Residential
• General Contractor: Center Park Group
• Project Type: Build-to-Rent (BTR) Luxury Townhomes

This article was originally posted on Constructionreview.com.

Oak Lake, a new townhome rental community located in the Mountain Island submarket of Charlotte, is currently under construction by Center Park Group.

As a leading general contractor in build-to-rent (BTR) development across the Southeast, Center Park Group will manage all townhome construction at Oak Lake, ultimately delivering this community to Charlotte-based Canvas Residential, LLC. The partnership between Center Park and Canvas Residential has led to the successful delivery of Avery Place, now leasing in the Steele Creek submarket of Charlotte, and The Rosemoor, currently under construction in Atlanta, Georgia.

Implementing a mix of best practices from both residential and commercial construction experience, Center Park Group’s approach to BTR development ensures timely deliveries, protection from cost increases and operational efficiencies for everyone involved. This model provides stability for both trades and developers, expedites lease-up time and delivers a quality product that is built to last.

“Our business is solely focused on assisting those in the multifamily development community who want to enter the BTR asset class without taking on the added expense, risk and learning curve associated with development and construction,” said Jason Esposito, founder and CEO of Center Park Group.

Oak Lake will feature 222 townhomes with adaptable three- and four-bedroom plans, making it an ideal housing option for young, growing families and young professionals seeking the benefits of homeownership without the associated costs. Residents will enjoy exclusive access to community amenities such as a resort-style swimming pool, clubhouse, fitness center, dog park, outdoor kitchen with grilling facilities and integrated smart home technology.

“The Canvas Residential team is excited to once again partner with Center Park Group to develop a best-in-class townhome rental community in the Mountain Island submarket of Charlotte. Center Park Group has continued to demonstrate their BTR construction expertise, and we look forward to delivery of first units in July,” said Creighton Call, managing principal at Canvas Residential.

Oak Lake, along with many other BTR communities throughout the Southeast, addresses the urgent need for more affordable housing options while providing individuals and families with the space and amenities typically found in traditional for-sale single-family communities.

Center Park Group stands as a premier leader in the multifamily development sector, specializing in the delivery of BTR communities across the Southeast. From pre-construction assistance to design-build solutions, construction management services or full-service general contracting, we are equipped to handle every aspect of your BTR community.

Contact Center Park Group’s development team at [email protected] to get started with your next multifamily project.

This article was originally posted in the Charlotte Business Journal.