Dirt is already moving on East McLelland Avenue in downtown Mooresville, where Charlotte-based Simonini Homes is building a five-building, 28-townhome development called Old Mooresville Townes. Grading continued at the site between South Main Street and South Church Street, though bulldozers sat idle on Friday when the project was observed.
The site itself sits in one of Lake Norman's busiest downtown corridors, according to the Charlotte Observer, which first reported on the ongoing grading work. A sign posted at the property features an architect's sketch of the planned townhomes, giving passersby an early look at what's coming to the block. Pricing for the units has not yet been set.
Pricing Still Weeks Away
Simonini Homes says it is still finalizing costs for the 28 units, with the company telling the Observer it expects to have pricing available by the end of October.
Simonini describes itself as a third-generation, family-owned business that has built luxury homes across the Carolinas for more than five decades, according to the company's own company website. The builder also states it has been named National Builder of the Year, America's Best Builder and winner of the National Quality Award.
Part of a Broader Lake Norman Building Wave
Old Mooresville Townes arrives as other developers push forward with townhome projects around the lake. A joint venture recently closed on 32 acres in Mooresville in a $6.1 million land deal, with plans for its own townhome community, per the Charlotte Business Journal. That outlet also reported that a state transportation project and additional future development are planned for the full 52-acre site tied to that deal.
The Cape Lake Norman, a 27-home luxury project described as resembling the Florida coastal community of Alys Beach, was reported with prices starting at $2.5 million. Mooresville's town board separately approved a rezoning for 68 for-sale townhomes on 17 wooded acres along Shadowbrooke Lane, while another mixed-use community in the area has been building townhomes priced around $500,000 to $600,000, with occupancy targeted by the end of this year.
What Comes Next for Downtown Mooresville
For now, the clearest signal of progress at Old Mooresville Townes is the grading equipment parked along East McLelland Avenue and the rendering posted for passing residents to see. Buyers curious about cost will have to wait until later this month, when Simonini says firm pricing should be ready.
