New luxury residential tower rises adjacent to The Line, Portman and National’s former Class-A office development
Rising at 2161 Hawkins St. in Charlotte’s vibrant South End district, Linea at the Line (Linea), the 25-story, 370-unit luxury residential tower, has reached its highest point. On March 1, national developer Portman and investment manager National Real Estate Advisors, LLC (National) celebrated the topping out of Linea, situated adjacent to The Line, Portman’s 16-story mixed-use office development, which National co-developed and sold in 2022. Pre-leasing at Linea will open in June 2024, with the first units delivering in February 2025.
Linea is designed to integrate seamlessly with the Rail Trail and LYNX Light Rail, significantly enhancing pedestrian connectivity and walkability between Charlotte’s urban neighborhoods. Linea’s design prioritizes top-tier residential amenities, including concierge service, a rooftop pool, co-working spaces, pet spa, game room, climbing wall, indoor/outdoor fitness centers and more. Floorplans will range from studio, one-to-three-bedroom residences, as well as premier lofts and penthouse suites. The tower will be equipped with top-of-the-line finishes, and it has immediate access to various new shopping and dining options at the street level.
“Linea will deliver a true luxury residential experience in the heart of South End. With a meticulous eye for quality, design, and amenities, Linea combines everything today’s renters want,” said Brittani Sanders, Vice President of Development at Portman. “Together, Linea and The Line will be a new Main and Main for South End, anchored by some of Charlotte’s best retail concepts and activated outdoor space, ultimately creating a phenomenal gathering place for the neighborhood along the Rail Trail.”
Linea was designed with a community-forward ground-floor retail experience, which will feature True Food Kitchen, BAR ONE South End and Night Swim Coffee. Connected by a fourth-floor sky bridge and expansive community greenspace, Linea also has direct access to The Line’s street-level retail, which is 100% leased and includes Sycamore Brewing Company, GritBox Fitness, Savi Provisions, Dressler and Chapter 6.
In addition to Linea and The Line, Portman and National have recently partnered on Sora at Spring Quarter, a 30-story luxury residential tower nestled in Midtown Atlanta, and Eleven North, a multi-tower residential project planned for The Gulch in Nashville.
“Made possible by our highly skilled and dedicated workforce, we are thrilled to be reaching this construction milestone with our second development project in Charlotte’s booming South End,” said Jeffrey Kanne, President and CEO of National Real Estate Advisors. “Linea represents our commitment to creating value for investors by adhering to a rigorous investment process guided by profits, integrity, community, and collaboration.”
About Portman:
Portman is a real estate development company with a rich history of developing premier projects that span five decades and three continents. The company was founded by famed architect and developer John C. Portman Jr. who originally pioneered the concept of the architect as a developer and created a global legacy of large-scale mixed-use developments.
The company is now led by Chairman and CEO Ambrish Baisiwala and President John Portman IV. Today, Portman Holdings’ multi-faceted expertise sets the standard of excellence for developing office, residential, industrial, hospitality, and retail mixed-use complexes and stand-alone developments nationally across the USA. Each line of business is led by a Managing Director and supported by a corporate structure. For more information visit www.portmanholdings.com
About National:
National Real Estate Advisors, LLC (“National”) is an investment manager developing, operating, and managing commercial real estate projects across the United States.
National’s mission is to create lasting value through projects that produce solid, long-term returns for our clients while improving the communities in which we invest and develop.
Since 2000, National’s investment team has been constructing investment portfolios of diverse property assets — primarily multifamily, data centers, office, healthcare, and medical buildings. National manages separate accounts and multiple commingled investment vehicles, including a data center fund. National seeks to create value for investors by adhering to a rigorous investment process and development principles guided by profits, integrity, community, and collaboration.
National is an independently operated subsidiary of the National Electrical Benefit Fund (“NEBF”), a pension trust with assets that are managed by National on a discretionary basis. For more information, please visit www.natadvisors.com.
