North State Development

About North State Development

North State Development is a real estate operator. North State Development operates in Asheville, North Carolina, Charlotte, North Carolina and Hickory-Lenoir-Morganton, North Carolina. Its investment focus is on Covered Land & Land Banking, Multifamily - Core and Multifamily - Ground-up.

North State Development is a privately owned real estate development and investment firm based in Cornelius, NC, operating for over 30 years in North and South Carolina. The firm has developed or acquired approximately 245,000 square feet of commercial real estate and more than 1,700 residential units, totaling around $5 billion in project value. Its core focus areas include land acquisition, commercial development, residential development (single‑family, townhomes, multifamily), mixed‑use projects, office, and retail real estate within the Carolinas. Notable active projects include the Huntersville Town Center — a mixed‑use development of 231,300 sq ft (including 10,000 sq ft of retail) valued at $60 million — and the “Townes at Maxwell” community comprising 35 townhomes valued at $4.1 million.

Principals at North State Development

Recent activity at North State Development

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North State Development's project portfolio

No projects on file for North State Development yet.

Markets and themes

Markets North State Development operates in

• Asheville, North Carolina
• Charlotte, North Carolina
• Hickory-Lenoir-Morganton, North Carolina

Investment themes at North State Development

• Covered Land & Land Banking
• Multifamily - Core
• Multifamily - Ground-up
• Single-Family Homes
• Suburban Office

Capabilities

• Asset Management
• Construction Management
• Custom Homes
• Mixed Use
• Site Development

Operators similar to North State Development

• Christian Tyler Properties, LLC (CTP)
  Mid-market tierAsheville, North CarolinaCharlotte, North Carolina+1 more marketSuburban OfficeMultifamily - Ground-up+1 more theme
• Turner Brothers Real Estate
  Mid-market tierSuburban OfficeMultifamily - Core+3 more themes
• Catalyst Capital Partners
  Mid-market tierAsheville, North CarolinaCharlotte, North CarolinaSuburban OfficeCovered Land & Land Banking+1 more theme
• Selwyn Property Group
  Mid-market tierCharlotte, North CarolinaSuburban OfficeCovered Land & Land Banking+2 more themes
• Stout Ventures
  Mid-market tierCharlotte, North CarolinaHickory-Lenoir-Morganton, North CarolinaSuburban OfficeMultifamily - Ground-up+1 more theme
• Strada Investment Group
  Mid-market tierSuburban OfficeMultifamily - Core+2 more themes
• Atlas Stark
  Mid-market tierSuburban OfficeMultifamily - Core+2 more themes
• Trailbreak Partners
  Mid-market tierCovered Land & Land BankingMultifamily - Ground-up+2 more themes
• Tuttle Company
  Mid-market tierCharlotte, North CarolinaSuburban OfficeMultifamily - Ground-up+1 more theme
• Adre Development
  Mid-market tierSuburban OfficeCovered Land & Land Banking+2 more themes

Frequently asked questions about North State Development

What does North State Development do?

North State Development is a privately owned real estate development and investment firm based in Cornelius, NC, operating for over 30 years in North and South Carolina.

What markets does North State Development operate in?

North State Development is active in Asheville, North Carolina, Charlotte, North Carolina, and Hickory-Lenoir-Morganton, North Carolina.

How many employees does North State Development have?

North State Development has 2–10 employees.