ULI CAROLINAS MEETING: Feb. 12 LYNX Tour schedule for Carolin Trends Council

Feb 10, 2020 | Commercial real estate

Carolina Trends Council Tour and Meeting

This event on Feb. 12, 2020 is for registered participants of the ULI Carolinas Meeting taking place Feb. 12-13 at the Weston Hotel. Get event and tour details at the event website.

Tour schedule

8:45 am – Gather at Stonewall Station Platform, 260 E. Stonewall St. Directions

 

9:04 am – Board LYNX train for ride to 36th Street Station in the NoDa district. Walk next door to 434 E. 36th St. Directions

 

9:25 am – Charlotte Challenge: Preserving and Enhancing Neighborhood Character amidst Development

Long known as the art district for Charlotte, most of Noda’s artists and galleries have moved out.  The LYNX brought renewed investment interest to this neighborhood of old mills and industrial trappings.  The community’s strong voice influenced distinguishable station finishes and pushed for more art, allowing its gritty, artistic vibe to live on.
A focus on art creating place, intentional placemaking, and adaptive reuse of mills and mill houses of an evolving neighborhood–What did Charlotte do right and what opportunities were missed?
Speakers:
  • Katie Maloomian, Crescent Communities, Novel @36th Street
  • Monica Holmes, City of Charlotte, Director of Urban Design Studio
10:06 am – Board LYNX to Sugar Creek Station. Walk to Station House
10:20 am – Charlotte Challenge: Creating New Nodes of Investment
Before the LYNX, the Sugar Creek Station included an array of heavy industrial uses and housing for factory workers. Rough terrain and rugged edges begin to soften as bullish investment and opportunity zone incentives aim to revitalize place and bring new uses.
A focus on transitioning land use and the challenges in pursuing dramatic changes to existing fabric.
Speakers:
  • Tony Kuhn, Flywheel
  • Andrew Blumenthal, Legacy
10:54 am – Board LYNX to JW Clay Blvd/UNC Charlotte Station. Walk to retail space at Clay Station Parking Deck. Directions
11:15 am – Charlotte Challenge: Power of Transit – Strong Centers 
UNC Charlotte has been the fastest growing University in the NC system for a decade.  Orange construction barrels are fixtures as new buildings have been constructed to meet demand.  And now, 28,000 UNC Charlotte students have transit passes that enable them to traverse Charlotte for employment, internships and recreation.
While growth on campus has been robust over the last decade, the edge city of University City has just begun to experience significant real estate investment — directly attributed to investment in the LYNX (and growth of our University).
A focus on transit stations and the importance of creating strong centers, making investment possible when the market is not quite there, and the magic mix of eds, meds and transit.
Speakers:
  • Gret Verret, UNC Charlotte Marriot Hotel & Conference Center
  • Greg Wattson, EB Arrow, Waters Edge at University Place
11:54 am – Board LYNX to Tom Hunter Station. Walk to Blu at Northline Apartments.  Directions
12:15 pm – lunch
12:30 pm – Panel discussion on the topic: Maximizing TOD when there is little to nothing

In 2013, The Arden Group rezoned property at the I-85 interchange at University City Boulevard for an automall to move a successful dealership north a mile+ to better access interstate commerce.

The property also happened to be in a transit station footprint. In 2014, new developer Jane Wu of Panorama Holdings (a UNC Charlotte alum), purchases adjacent properties and a new vision for the station gets traction.

Both The Arden Group and Panorama are working to build a There-There and have started construction on Charlotte’s second Top Golf and phase two of Panoramas’ multi-family. Future plans include an entertainment district, office buildings and a planned urban park.

Across I-85, Accesso Partners purchased Innovation Park and will develop 1million sf of office, 1,000 units of housing and main street retail to existing 1.5 million sf, 98% leased office park. In that same node, Shorenstein purchased a 500K sf light industrial building and land with plans to convert industrial to office and add housing.

Retrofitting auto-centric suburbia necessitates significant investments in infrastructure. Roads for grid and mobility options. Amenities (schools, parks, trails and libraries) to create strong mixed use centers.

A focus on collaborative development, creating mobility connections and options for now and the next decades, importance of parks, greenways, libraries and schools as anchor amenities.

 

Panel:

  • Jane Wu, Panorama Holdings
  • Stuart Parks and Jay Priester, The Arden Group, University City Station
  • Brian Rosen, Accesso Partners
  • John Lewis, CATS

Moderator: Deb Ryan, UNC Charlotte Arts and Architecture

 

1:33 pm – Board LYNX for return trip to Stonewall Station

 

1:57 pm – Arrive at Stonewall Station. Walk to Westin Hotel. Directions

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