Vertical Construction Advances at The Groves

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Center Park Group, a premier general contractor and homebuilder specializing in build-to-rent (BTR) development throughout the Southeast, announces that vertical construction is underway at The Groves, an 82-unit BTR townhome community located adjacent to University Research Park, one of Charlotte’s most dynamic employment and innovation hubs.

Construction, which began in May 2025, is progressing quickly. Framing is complete on three buildings, foundations are poured for multiple units and additional homes are prepped for immediate buildout. With strong momentum, Center Park Group remains on track for a projected July 2026 completion.

Developed in partnership with Canvas Residential, The Groves will feature 82 rear-load townhomes across 6.9 acres. Two thoughtfully designed floor plans—each offering three bedrooms and either a one- or two-car garage—range from 1,650 to 1,700 square feet. The larger plan introduces a distinctive four-story layout with a private top-floor bedroom suite, providing an added level of privacy and comfort.

“We’re proud to once again partner with Canvas Residential to bring another high-performing build-to-rent community to the Charlotte market,” said Jason Esposito, CEO of Center Park Group. “Our reputation is built on execution—delivering projects on time, on budget and with the highest standards of quality. Institutional partners trust Center Park Group because we blend efficiency with lasting value, creating communities designed for today while ensuring strong returns for the future.”

Homes at The Groves seamlessly blend style and convenience. Each townhome includes a private balcony, durable HardiePlank siding and timeless brick accents. The community’s location—immediately adjacent to University Research Park—offers residents an unparalleled lifestyle. Just steps away, the neighborhood is home to major employers such as Wells Fargo, IBM and Vanguard, positioning residents within minutes of top career opportunities. The area also boasts access to popular shopping and recreation, including Trader Joe’s, Clarks Creek and Mallard Creek Greenways and an array of dining and retail destinations. With Research Park’s walkable trails, vibrant corporate presence and easy access to UNC Charlotte, residents will enjoy a unique balance of work, wellness and convenience.

For more information on the neighborhood visit Groves Townhomes | 3-Bedroom Homes for Rent in Charlotte, NC.

Center Park Group continues to accelerate its expansion across the Southeast, supported by partnerships with REITs, institutional multifamily developers and regional residential real estate firms. With 31 active communities totaling more than 2,900 homes, the company demonstrates the scale, speed and reliability of its construction platform.

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