Thanks, voters, for your big OK of city bonds

Nov 12, 2016 | Economic Development, Events

Thanks for approving bondsUniversity City Partners offers an enthusiastic “Thanks, Charlotte!” for voters’ overwhelming endorsement last week of three city bond referendums.

As a result, University City will benefit greatly from the $219 million of new funding for citywide investments in transportation, neighborhoods and affordable housing. In University City, the bonds will help pay to build:

  • The I-85 North Bridge linking University Research Park to University Place and the JW Clay Blvd Transit Station. Project details
  • The transformative 26-mile Cross Charlotte Trail linking University City, uptown and southeast Charlotte all the way to the SC state line. Project details
  • Street, sidewalk and bikeway improvements to help people bike, walk and ride to North Tryon Street transit stations. Project details
  • More infrastructure for the emerging Prosperity Villages district on I-485 near Highland Creek. Project details

More referendums planned for 2018, 2010

This is the second of four related bond packages that will fund Charlotte’s ambitious Community Investment Plan, a long-range capital investment program designed to meet the current and future needs of our rapidly growing community. The plan includes $880 million in proposed community improvements for transportation, housing, public safety and the airport.

The 2014 bonds, which voters also approved overwhelmingly, included crucial planning money for several of our projects getting construction funding this time around. Those bonds also included money to build the new I-85 South bridge, nearing completion midway between the University City Boulevard and Harris Boulevard interchanges on I-85.

Community Investment Plan – website and details

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