Village at Magnolia
8305 Magnolia Estates Drive, Cornelius, NC 28031
The Village at Magnolia is a proposed mixed-use residential development situated at a prime location at Lake Norman off of Magnolia Estates Drive and Catawba Ave (Hwy 73) in Cornelius. The site is opposite the existing Magnolia Village shopping center and its new Publix store.
The site consist of +/- 16.76 acres, with the Village’s zoning allowing for mixed use development. This dynamic location is in the midst of the prestigious Lake Norman community with numerous retail and dining destinations. An adjacent 3.407 acre, 148,393 square foot site is zoned VC (village center) is also available.
Easy access to major interstate arteries and professional local talent makes the Lake Norman one of the fastest-growing and sought-after locations for residents and business alike.
Future proposed development for the site includes 20,400 SF of office/retail space, 225 condos, and 5 luxury townhomes.
2011 Average Daily Traffic Counts
27,000 vehicles/day———–West Catawba Avenue (Hwy 73)
87,000 vehicles/day————————————-Interstate 77