Laurel Street is the developer of Loftin at Montcross senior apartments located in Belmont, NC. The project was developed in two phases in partnership with the Southern Benedictine Society, Inc., the monastery at Belmont Abbey. The community was developed on monastery land, and the monastery has future ownership option or right to each phase.
The first phase of construction, completed in early 2014, consists of 72 one and two-bedroom mixed-income, tax credit apartments housed in a three-story, elevator-served building. Community amenities include a multi-purpose room, exercise room, computer center, sitting areas, laundry facilities, management offices, and tenant storage areas. Unit features include a fully equipped kitchen, on-site storage, ceiling fans, and patios or balconies. Outdoor amenities include raised bed garden plots, a patio, and outdoor sitting areas.
The second phase of construction completed in 2019 consists of 100 one and two-bedroom apartments, targeting moderate-income seniors. Community amenities include a fitness center, a community room, a game room, and an outdoor patio. Unit features include open floor plans, 9′ ceilings, hardwood-style flooring, granite countertops, stainless steel appliances, ceiling fans, washer and dryer connections, and private patios or balconies.
The community offers convenient access to the neighboring Abbey Plaza Shopping Center and nearby Wal-Mart and Lowe’s Home Improvement.