The project, which could bring 600 new apartments to 4.4 acres between Coxe and Asheland avenues, is set to be presented to the South Slope Neighborhood Association on Tuesday.
The new apartment building is planned for an area that's been a hot spot of new residential construction.
Duke Energy has been on the hunt for a handful of locations for new substations that would serve a growing city.
The 1.6-acre lot at the corner of Clingman and Hilliard avenues could eventually be home to 40 affordable housing units.
The property sits at the corner of Asheland and Hilliard avenues on Asheville's hot South Slope.
There's plenty of construction inside the long-vacant building on Hilliard Avenue.