University City sees surge in home sales, new housing

University City sees surge in home sales, new housing

University City is making headlines with its strong residential scene, as recent news reports underscore. Major neighborhoods are leading home sales in the Charlotte region. Several new communities along the LYNX line and both near and within University Research Park come with rich amenity packages. Here are the details: Highland Creek and adjacent Skybrook ranked in the top 6 neighborhoods in the whole Charlotte region for single-family closings in 2018, says the Business Journal. MORE The LYNX light-rail line along North Tryon Street keeps generating new housing announcements, most recently Lumeo Apartments near the University City Blvd Station and NOVEL University Place near the JW Clay Blvd Station. University Research Park is attracting new residents who want to live close to work, dining and the outdoors. Check out Mallard Pointe, NOVEL Research Park, Bainbridge Research Park and Aria at the Park, a for-sale townhome community on Governor Hunt...
Tech firms are reshaping University City

Tech firms are reshaping University City

Charlotte has become a hot location for technology-based businesses, and many of these new, emerging or expanding companies are helping transform University City, as well. Check out these recent news stories: “Charlotte’s growing tech sector contributing to surge in office rental rates” The Charlotte Business Journal reports that rental rates are surging in Charlotte and nationwide, with growth in tech industries a major reason. CBRE, a national company that manages and leases commercial real estate, has designated Charlotte’s northeast submarket, which includes University City and University Research Park, as a prolific technology submarket here. Innovation Park, the former IBM manufacturing plant turned office park, is among several University City office buildings that have been sold, leased out, or announced for construction in the last few months.  MORE “Data analytics firm launched at UNC Charlotte (plans) to expand, add 200 jobs” UNC Charlotte reports that Stratifyd, a tech startup founded at UNC Charlotte, will expand its operations and add at least 200 jobs. The firm, launched in 2015 by former UNC Charlotte professor Derek Wang and two students, Li Yu and Thomas Kraft, grew out of research on the ways augmented intelligence could ingest, analyze and visualize structured and unstructured data. MORE “When the kitchen table just won’t do: 18 coworking spaces in the Charlotte area” CharlotteFive recently offered a look at this rapidly growing segment of the office market, where small businesses can find flexible space and, often, like-minded entrepreneurs. Making the list is Office Evolution Charlotte, located in the Two Resource Square building at University Research Park....
Help plan the future of our parks and rec

Help plan the future of our parks and rec

Mecklenburg County is crafting a new 10-year master plan for our parks and recreation programs and seeks our help. Your ideas will help our county board set goals and provide money  for new and improved parks, facilities and programs. County parks planners have created a program entitled the Meck Playbook to gather community ideas and craft the master plan. You can get involved, starting now!   How you can help: Attend one of the Adventure Fest planning events on Nov. 21 (free food and games for all ages as everyone explores the park and rec system together). Details below. Take a brief online survey on how you use our parks and what you want in the future – Click here to start. Learn much more about the 18-month planning process at meckplaybook.com. Sign up for email updates throughout the planning process.   Help kick off the Meck Playbook at these Adventure Fests Join parks staff for an entertaining time of exploring our park and recreation system via games for all ages, plus free food! Your ideas will help shape our future master plan. Locations and times: Revolution Park Sports Academy Time: Nov. 21 from noon to 1:30 pm Address: 1225 Remount Rd, Charlotte, NC 28208 Directions   Hornet’s Nest Park Williamson Pavilion Time: Nov. 21 from 5:30 to 7:30 pm Address: 6301 Beatties Ford Rd, Charlotte, NC 28216 Directions   About the Meck Playbook Caring for our park system and planning for the future takes all of us. Mecklenburg County Park and Recreation Department is writing a new Master Plan, and we need your help developing a roadmap for the...
YMCA hosts community dinner on Dec. 5

YMCA hosts community dinner on Dec. 5

The Keith Family YMCA will host its free Community Fellowship Dinner on Thursday, Dec. 5, from 6 to 8 pm. The community dinner is open to all, especially to our neighbors who could greatly benefit from a hot meal, resources and fellowship. The dinner will take place at the Keith Family YMCA, 8100 Old Mallard Creek Church Road. Directions Last year about 600 people came to the dinner. Event details RSVP is not mandatory but greatly appreciated: 704-716-6720 or rsvp@ymcacharlotte.org.   A free dinner and much more Community dinner guests will receive a free hot meal and a bag of non-perishable food for the next week. Guests also will have the opportunity to learn about long-term benefits from free community resources thanks to the following partners: Hope Street Food Pantry, Urban League of Central Carolinas, Inc., PACE of the Southern Piedmont, NC Works, SharonView Credit Union, Atrium Health and many more. The YMCA will also share information about opportunities for affordable access to YMCA programs and services.   How the community can help The Keith Family YMCA is collecting perishable food for this event and welcomes food donations from area businesses and groups, as well. The YMCA also welcomes financial donations to make its programs affordable or free for community members who might not otherwise be able to take part.   Learn more Learn more about the Keith Family YMCA and its many programs for the University City Community at the YMCA website. For details on making donations, contact Meneika Helms at Meneika.Helms@YMCACharlotte.org or...
Commercial real-estate update

Commercial real-estate update

UNIVERSITY HIGHLANDS – FOUR RESOURCE SQUARE – SUVIDHA INTERNATIONAL MARKET Expanding United Rentals leases URP building United Rentals has begun hiring for 150 new positions as it shifts its Charlotte offices to University Research Park. The Stamford, Conn.-based equipment-rental company expects to completely fill the University Highlands building with nearly 500 employees by mid-2020. The 97,596- square foot office building, owned by Mohr Capital, is at 10330 David Taylor Drive. MORE   Four Resource Square office building sells for nearly $24.8 million The company that recently bought Resource Square office buildings One, Two and Five in University Research Park has added Resource Square Four to its portfolio. TerraCap Management of Florida paid nearly $24.8 million for the 151,849-square-foot building at 10735 David Taylor Drive.  “Resource Square IV is the fourth building we’ve acquired in the vibrant University submarket, providing us with a critical mass of product, which allows for economies of scale operations and increased leasing efficiencies,” said Steve Good, Partner and Director of Acquisitions at TerraCap.” MORE   Suvidha International Market opens near campus University City’s appetite for international flavors gets another boost with the recent opening of Suvidha International Market at 10008 University City Blvd. Suvidha has locations in Georgia and North Carolina, offering a wide range of Indian and Pakistani groceries including fresh Indian produce. Visit the store’s website and Facebook page to learn more and get details of current...