Lower South End’s transformation isn’t slowing down.

Pappas Properties has filed plans to rezone nearly 15 acres at 4405 Yancey Road for a major new mixed-use development tentatively called LoSo Synergy South.

The property, currently owned by Duke Energy and formerly used by Piedmont Natural Gas, could make the jump from its industrial past to a high-density, walkable neighborhood featuring residential, retail, restaurants and other street-level uses.

Why this one matters
This isn’t a small infill project.

At 14.87 acres, LoSo Synergy South has the potential to significantly expand the residential and commercial core of Lower South End — particularly around Yancey Road and the nearby Scaleybark and Woodlawn light rail stations.

The requested TOD-NC zoning is designed for transit-oriented neighborhoods and allows for higher-density housing, ground-floor retail and restaurants, pedestrian infrastructure, bike connections, green space and structured parking.

One important note: because this is a conventional rezoning request, there isn't a final site plan or architectural design yet. So the exact mix of apartments, restaurants, retail and other uses is still to come.

LoSo keeps getting bigger
For years, South End's growth has been steadily pushing south.

Now LoSo is increasingly becoming a destination of its own — with breweries, restaurants, entertainment, new residential development and easy access to the LYNX Blue Line.

Projects of this scale only add to that momentum.

For condo and townhome buyers, that's worth watching. Today's "edge of the action" can look very different after another wave of restaurants, housing, retail and infrastructure arrives.

I've spent more than 20 years selling condos and townhomes in and around Uptown Charlotte and have watched entire neighborhoods change around major development projects. Understanding what's coming next can be just as important as understanding what's already there.

If you're considering buying in LoSo, South End or Uptown Charlotte, reach out. I can help you compare the buildings, projects and locations — and understand where the next wave of growth may be headed.

WeSellUptown.com

​Source: Charlotte Stories, August 18, 2026

New construction condos in LoSo starting under $400K? This is one to watch.

The Peterson, a new condominium development planned for 323 E. Peterson Drive in Lower South End (LoSo), Charlotte, is expected to bring 49 new condos to a location directly adjacent to The Olde Mecklenburg Brewery (OMB) biergarten.

Developed by Denciti Partners and Red Cedar Capital Partners, The Peterson is planned to offer one- and two-bedroom condos ranging from approximately 702 to 1,296 square feet, along with a common rooftop deck. And perhaps most notably, pricing is expected to start under $400,000.

That could make The Peterson an interesting new ownership opportunity in a part of Charlotte that has seen tremendous growth — but where much of the new residential development has been apartments rather than condos.

Interested in Buying at The Peterson?

This is where I can help.

Over my 20+ years selling Charlotte real estate, I've been part of many of the sales teams that helped shape Uptown Charlotte's condo market, giving me a unique perspective on new-development sales and what separates one unit from another.

Because in a new condo project, choosing the right unit matters.

Floor plan, location within the building, exposure, parking, HOA structure, upgrades and future resale appeal can make two seemingly similar condos very different purchases.

I'll be following The Peterson LoSo closely as additional pricing, floor plans, HOA details and availability are released.

Thinking about buying at The Peterson? Contact me before you select a unit. I'll help you sort through the options and identify the floor plans I believe offer the best combination of lifestyle, value and future resale potential.

Scott Russo, REALTOR®
The McDevitt Agency
WeSellUptown.com

Uptown Charlotte • South End • LoSo • Charlotte Condos & Townhomes