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.
• 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.
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