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MillBridge- Development Profile

Strength of Ownership

MillBridge was purchased in 2010 by an affiliate of Landeavor and Walton Street Capital. Landeavor targeted MillBridge due to its incomparable amenities, small town charm and easy access to Charlotte.

Landeavor is a national real estate development company launched in 2007 specializing in master-planned communities. Throughout their careers, the principals of Landeavor have been involved in the development of more than 50 successful communities in 26 markets throughout the county. As the nation emerges from the recession, Landeavor has focused on the mission of purchasing and revitalizing communities from lenders and distressed developers.

Through its extensive operating experience and the backing of a strong capital resource, Walton Street Capital, the company has been successful in this endeavor. Walton Street Capital is a private equity real estate investment firm founded in 1994. Affiliates of Walton Street Capital, through its series of funds, has invested and/or committed to invest in excess of $5.7 billion of equity.

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Located in the historic town of Waxhaw, North Carolina, MillBridge is a picturesque master-planned community. Featuring a charming covered bridge and a Millhouse with a working water wheel, this community will consist of nearly 2,000 homes when completed. It’s the perfect setting for active families as there are numerous outdoor activities – everything from basketball in the outdoor airnasium to soccer and baseball games in the Town of Waxhaw community park. Add to this the proximity to Ballantyne and Charlotte, and MillBridge offers a perfect combination of big city life with historic southern charm.

MillBridge offers the best amenity package in the area with an expansive Residents Club featuring:

  • 9,000 square foot Residents Clubhouse
  • Junior Olympic & family fun pools with lazy river and water slide
  • Fitness facility
  • Movie theatre room
  • Outdoor airnasium

Other community amenities include:

  • Community parks, trails & greenways
  • 60-acre Town of Waxhaw park with soccer & baseball fields
  • Classically styled covered bridge
  • Mill with working water wheel and outdoor party room
  • Adjacent to Kensington Elementary School