Aria Communities Lands $54 Million for 338-Unit Monroe Multifamily Project

Aria Communities lands $54 million in construction financing and preferred equity for Skyview at Aria, a 338-unit project in the Charlotte suburb of Monroe.

By: AXL Media

Published: Mar 11, 2026, 4:41 AM EDT

Source: https://www.multihousingnews.com/

Aria Communities Lands $54 Million for 338-Unit Monroe Multifamily Project - article image
Aria Communities Lands $54 Million for 338-Unit Monroe Multifamily Project - article image

Project Specifications and Timeline

The development is situated on a 22-acre site at 3613 W. Highway 74. Designed to meet the growing demand for suburban living in the Charlotte metro area, the project will consist of 338 units across eight three-story buildings.

Unit Mix: 96 one-bedroom, 212 two-bedroom, and 30 three-bedroom apartments.

Target Delivery: Completion is slated for October 2027.

Stabilization Goal: Full occupancy and operational stability are projected by March 2028.

Strategic Rationale: The "Charlotte Sprawl" and Highway 74

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