UNDER CONSTRUCTION

Project Detail

VIDA is the first in a series of residential and mixed use properties that are part of the Kannapolis master planned community. VIDA will contain residential and retail along with an amenity rich environment for our tenants. VIDA will be the foundation of the residential offerings in downtown Kannapolis and is opening March of 2021.

LMG Building Entire Communities

The VIDA brand is a private public mixed-use district which includes apartments, restaurants, and retail space. Located in Kannapolis North Carolina, VIDA is a stimulus for additional private investment on West Avenue in downtown Kannapolis. Lansing Melbourne Group (LMG) is investing $61 million to construct 286 apartments, 18,000 square feet of new retail and renovating 36,000 square feet of historic retail space. The City's investment will include a 400-space public parking deck.

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Project Highlights

  • LMG partnered with the City of Kannapolis to create a master plan for a former textile mill town. Vida is the catalyst project in this master planned community that has sparked a complete revitalization of the Kannapolis downtown.
  • Project Challenges: Being the first in a series of projects in a master planned community, VIDA has set the pace and established the teamwork needed to bring the vision to life.
  • Status: Under Construction
  • Location: Kannapolis, North Carolina
  • Value: $57,000,000
  • Units: 289
  • Area: 485,000 sqft
  • Project Partner: City of Kannapolis, Goldman Sachs, Rivermont Capital
  • Date(s): Opened March 2021
  • Expertise: COMMUNITY BUILDINGP3MIXED USEGARAGE