Toll Brothers Inc., a leading luxury home builder, has announced a joint venture with International Capital, LLC to develop a 348-unit luxury multifamily community, The Airedale, in Charlotte, North Carolina. This marks Toll Brothers Apartment Living's first multifamily venture in the state. The project has secured a $56.8 million construction loan from TD Bank. The Airedale will feature one-, two-, and three-bedroom apartments with high-end finishes and smart home technology. Amenities will include a resort-style pool, fitness center, pet facilities, and coworking spaces. The development highlights Toll Brothers' expansion into high-growth markets.
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