Commercial Real Estate Roundup – April 2021

TopGolf is the first of several attractions coming to University City’s emerging Entertainment District. Graphic courtesy of Cambridge Properties

April 21, 2021 – University City CRE News

Rezoning filed for next phase of University City Entertainment District

• Cambridge Properties seeks to rezone 40 acres, Business Journal reports.

• Petition calls for office building, hotel, apartments, commercial space and structured parking.

Topgolf facility opening date not announced yet; WoodSpring Suites opened earlier this year.

• View University City Entertainment District plans.



Apartments on campus edge sell for $12.5 million

• Mallard Creek Apartments has 11 buildings, 8 acres at 9800 Mary Alexander Road.

• New owner is Cedar Grove Capital, Charlotte Business Journal reports.

• Two-story garden-apartment buildings and clubhouse were built in 1985.

• View property report.



Popeye’s Louisiana Kitchen coming to University City Blvd east of I-485

• Fast-food restaurant nearing completion at 11859 University City Blvd.

• Franchisee is Leblon Franchising, which operates 17 other Popeyes in Charlotte area.

Wertz Real Estate Investments is marketing 1.1-acre site and 2,400 SF building.

LoopNet listing and Marketing Package


Wild Wing Café opening at University Place

• Final landscaping work under way at 8760 J M Keynes Drive near N. Tryon St.

• Website up and running. Wild Wing Café hiring for new location.

• Facebook page shows Wild Wing Café at Pinnacle Drive permanently closed.

• Read FSR Magazine article about new Wild Wing Café.



Lidl planning summer opening of Mallard Creek store

• Building at 615 W. Mallard Creek Church Road at Berkeley Place Drive

• German discount grocer just opened 8th Charlotte store in Steele Creek

• Mallard Creek store to have 25,656 heated SF, 2.9-acre site.

• Charlotte Observer shares Lidl expansion plans – MORE


Rezoning may add 131 townhomes for sale near Commons at the Park

• Petitioner DR Horton seeks rezoning of 22 acres at 7208 Mallard Creek Road

• Rezoning petition 2021-106 shows link to Penninger Circle, which runs by Commons

• Commons owner Shorenstein is renovating massive building for offices

• More about townhouse rezoning

• More about Commons at the Park


Work expected to start in July on apartments near Tom Hunter station

The Oliver on Tom Hunter to have 221 units, cost $40 million, Business Journal reports

J. Forrest Development hopes to close on 7-acre site in May, complete in 2023

• The Oliver to include eight units classified as affordable housing



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...