Switzenbaum & Associates has broken ground on an $80 million development in Monroe, N.C. Expected to open in Spring 2027, the project includes 275 apartments on a 23.4-acre site at the intersection of U.S. 74 and Morgan Mill Road. 

It’s the city’s first midrise apartment building at four stories. One-bedroom floor plans range from 792 to 898 square feet, and two-bedroom plans from 1,133 to 1,211 square feet. Rents are projected to start around $1,700 per month. the project will feature elevators and garages.

A 3-acre natural pond with a fountain is surrounded by walking paths and open green space. Residents will also have a pool, pickleball courts, a putting green and a fitness center. 

Construction is expected to begin on a Burlington, N.C., site in 2027, and other locations are being evaluated.

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