Center Park Group has begun vertical construction on Bristol at Lake Norman, a new 187-home build-to-rent townhome community in Iredell County designed to give residents the space and character of a home with the flexibility of professionally managed rental living.
Located at the intersection of U.S. Highway 21 and Norman Ridge Lane, Bristol at Lake Norman will span approximately 29.6 acres in the Lake Norman submarket of Charlotte. Developed by The Widewaters Group, the community is scheduled to open in February 2027.
Construction began in June 2026, with Center Park Group serving as the general contractor. Bristol at Lake Norman will feature two- and three-story townhomes with three- and four-bedroom floor plans ranging from 1,549 to 2,062 square feet. Each home will include two-and-a-half bathrooms and a one- or two-car garage, creating a residential-scale rental option for residents who want more room without the responsibilities of traditional homeownership.
The homes will feature open-concept floor plans, select dining spaces and direct backyard access, with upgraded finishes including quartz countertops, tile primary showers and Trex decking. Full appliance packages will include refrigerators and in-unit laundry.
The community itself is designed to reinforce that residential experience. Sidewalks will connect the homes to a clubhouse, resort-style pool, dog park and spa, creating shared spaces that bring the neighborhood together while maintaining the privacy of individual townhomes.
“Build-to-rent is evolving beyond the traditional apartment model,” said Jason Esposito, CEO of Center Park Group. “Residents want options that give them the freedom of renting without asking them to compromise on space, privacy or the feeling of home. Bristol at Lake Norman is a great example of where the BTR product is headed, and we are proud to bring the community to life alongside The Widewaters Group.”
“We’re proud to partner with Center Park Group?on Bristol at Lake Norman,” said Eric Candee. VP of development and construction at Widewaters. “Their experience brings the expertise we value in delivering high?quality homes, and we’re excited to introduce a community that offers residents convenient access to employment centers as well as the lifestyle and recreation that make Lake Norman such a desirable place to live.”
Bristol at Lake Norman adds to Center Park Group’s active build-to-rent construction platform across the Southeast. The company currently has more than 30 communities underway, representing more than 3,000 homes in various stages of development and construction. Its BTR platform combines procurement efficiencies, structured execution and repeatable processes to help developers deliver consistently across communities and markets.
As the Lake Norman submarket continues to add housing options for residents who want proximity to Charlotte in a more residential setting, Bristol at Lake Norman will introduce a townhome rental option that balances privacy and connectivity.
For more information about Center Park Group, visit https://www.cpbuilderservices.com/.
About Center Park Group
Center Park Group is a Southeast-based general contractor specializing in build-to-rent and multifamily construction. The company partners with regional developers, institutional investors and publicly traded REITs to deliver purpose-built rental communities across the Southeast.
Center Park Group currently has more than 30 communities underway, representing more than 3,000 homes in various stages of development and construction.
For more information, visit www.cpbuilderservices.com or call 843-800-5311.
