Crescent seeks OK for apartments and retail in URP

Jul 19, 2016 | Economic Development

The Village at Research Park

Plan for The Village at Research Park

The next phase of Alexander Village is about to unfold. Crescent Communities, the developer of the mixed-use community on Mallard Creek Church Road, is seeking a rezoning to allow 300 apartments instead of offices along Senator Royall Drive.

As part of the new change, the community is also getting a new name: The Village at Research Park.

The rezoning would maintain the previous plans for a 200-room hotel and up to 75,000 square feet of retail space along Mallard Creek Church Road but would replace 250,000 sf of office space with apartments along Senator Royall Drive.

Crescent is partnering with Crosland Southeast to develop the retail portion, The Charlotte Observer reported.

Crescent has built the first phase of Alexander Village, a 312-unit apartment community. Crescent sold that apartment community last year for $52.3 million.

The Charlotte City Council is scheduled to hear the rezoning request at its Sept. 19 meeting at the Charlotte-Mecklenburg Government Center, at 600 E. 4th St. Zoning hearings start at 6 p.m.

Learn more


Receive Up to Date News

Receive Economic Development News

View Past Newsletters

View Post by Category

Press Releases

Meet Jordan Harris

This month, UCP welcomed Jordan Harris as the Director of Community Development and Outreach. With over a decade of community relations experience in various roles, most recently serving as the associate director of community relations at UNC Charlotte. In her new...

We’re Back…with a Vision!

University City Vision Plan – Connecting: People. Places. Nature. The growth and development being realized in University City is nothing short of transformational.  Major investments in transportation and mobility infrastructure, thousands of new rooftops, new...

University City launches Barton Creek Greenway Native Meadow

By Azania Herron University City Partners, University of North Carolina at Charlotte Botanical Gardens and North Carolina Native Plant Society have partnered to install Barton Creek Greenway Native Meadows, a community native plant project in University City. On April...

New Farmers Market to open Oct. 3 at University Place

University City Partners announces the opening of University City Farmers Market on Oct. 3 around the lake at The Shoppes at University Place. Shoppers will find fresh local produce, food preparation programs and live entertainment. Open every Saturday in October The...

University City Wine Fest to Offer Socially Distanced Activities

New This Year: Wine on the Water and a Boutique Dining Experience.  Greystar University City Wine Fest will return this fall at multiple locations around the lake and boardwalk at Shoppes at University Place. The fourth annual festival will take place from September...

Where Will They Play?

We need more parks now – YOU CAN HELP A crisis caused by Charlotte’s explosive growth and government inaction threatens one of the most important assets of every truly livable city – public parks.   A recent nationwide study revealed that Charlotte has the least...