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The Peterson: New LoSo Condos Under $400K?

8/11/2026

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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
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    Scott Russo is known as Uptown Charlotte’s top Realtor, with over 20 years of experience helping buyers and sellers navigate the Uptown Charlotte condo and high-rise market. He’s the expert behind WeSellUptown.com and a go-to resource for luxury living in the heart of Charlotte. Let's get social! follow us on Instagram/Facebook @WeSellUptown  

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