EB Arrow Seeks Rezoning for Waters Edge at University Place

EB Arrow Seeks Rezoning for Waters Edge at University Place

News Release – Commercial real estate development firm EB Arrow has filed a rezoning petition for 20.5 acres on the east side of J.W. Clay Boulevard in University City where the company is planning a mixed-use, walkable lakefront community called Waters Edge at University Place. Charlotte City Council has scheduled a public hearing on the zoning change for its June 17 monthly zoning meeting. The council could vote as soon as July 15 on whether to approve the request.   Office building, apartments and lakefront park in Phase I If approved, the rezoning would allow for the first-phase development of a five-story, 182,000-square-foot Class A office and civic building with ground-floor retail; NOVEL University Place, a 308-unit garden-style multifamily community developed by Crescent Communities; a 2.5-acre lakefront linear park featuring a children’s play area; and the refurbishment of a significant portion of the one-mile multiuse pedestrian trail encircling the lake at University Place. The plan is consistent with the University City Area Plan, which recommends mixed-use including residential for the site, and would meet many of the goals of University City Partners’ master plan for the J.W. Clay area, which emphasizes walkability from light rail, connectivity and civic space for people to gather near the lake. Acquired by EB Arrow late last year, Waters Edge is located less than half a mile from the J.W. Clay Boulevard Station on the Lynx Blue Line and less than one mile from the Barton Creek Greenway, providing connectivity and access to miles of existing greenway trail via the Mallard Creek and Clark’s Creek Greenways as well as access to UNC Charlotte, Atrium Health...
Under Way: Hundreds of apartments and townhomes

Under Way: Hundreds of apartments and townhomes

The crane looming over the ATAPCO apartment building on North Tryon Street is the biggest sign by far of a building boom across University City – but hardly the only one. Here’s a rundown of nearly 1,400 apartments and for-sale townhomes under way in University City, including the first for-sale townhomes in University Research Park. More “Under Way” reports: Hospitality, dining, shopping and greenway University hotel-conference center, science building and more Office building renovations and major upfits Atapco Apartments – North Tryon Street at McCullough LYNX station. Five stories, with 260 apartments, interior structured parking and ground-floor retail. More V & Three apartments – North Tryon Street near the University City Blvd LYNX Station. Leasing has started on the nearly finished community with 338 apartments and many amenities. Among the features: 10-foot ceilings, granite countertops, a “train lobby” for waiting for the LYNX, electric-car charging stations, garages and rental townhouses. V & Three and Mosby University City are components of the 62-acre University City Gateway being developed across from the University City Blvd LYNX station by McKinney Holdings. V & Three website Mosby University City – North Tryon Street near the University City Blvd LYNX station. 309 apartments in four five-story buildings. The developer bought the 14-acre site in November 2018 for $5.5 million. More Bainbridge Apartments – Mallard Creek Road just west of Mallard Creek. 315 apartments in four-story buildings bordering Mallard Creek Greenway. More Mattamy Homes townhomes – Gov. Hunt Road near Mallard Creek Road – up to 167 townhomes for sale, up to three stories, on 38 acres. Extensive open space reserved. First for-sale homes in URP....
Under Way: Office building renovations and major upfits

Under Way: Office building renovations and major upfits

The crane looming over the ATAPCO apartment building on North Tryon Street is the biggest sign by far of a building boom across University City – but hardly the only one. Here’s a rundown of office building renovations and major office upfits in University City. More “Under Way” reports: Hospitality, dining, shopping and greenway Campus hotel-conference center, science building and more Apartments and townhomes Proximity Park – 401 McCullough Drive. The longtime former home of Allstate Insurance is undergoing major redesigns inside and out to go with its new status as the single biggest available suburban office building on the 19-mile LYNX light-rail line. Collier International is handling the building transformation and marketing. More about Proximity Park. The Grove – Mallard Creek Road at West W.T. Harris Boulevard. A building permit was issued recently for office renovations in building 8615 for Armstrong Transport Group, a leading national logistics company founded by UNC Charlotte grad Christopher Cobb. Additional building permits have been issued to upgrade parking lots. The Grove is owned and leased by Stream Realty Partners. More about The Grove. More about Armstrong Transport.   Four Resource Square – 10735 David Taylor Drive in University Research Park. A building permit was issued recently for office renovations for Acuity Healthcare. Acuity Healthcare operates long-term acute-care hospitals. The company headquarters currently are at 10200 Mallard Creek Road. More about Four Resource Square. More about Acuity...
Under Way: Campus conference center, science building and more

Under Way: Campus conference center, science building and more

The crane looming over the ATAPCO apartment building on North Tryon Street is the biggest sign by far of a building boom across University City – but hardly the only one. Here’s a rundown of major projects under way at UNC Charlotte, including the conference center and hotel, science building, and campus recreation center. More “Under Way” reports: Hospitality, dining, shopping and greenway Office building renovations and major upfits Apartments and townhomes Marriott hotel and campus conference center – North Tryon Street at J W Clay LYNX station. Site clearing and blasting started recently for the 24,000-square-foot conference center and full-service 226-room Marriott Hotel. Total cost is $84 million. Completion is expected in late 2020. More Campus Recreation Center – Craver Road beside Popp-Martin Student Union. The new facility for student activities will offer indoor and outdoor pools, four multi-purpose courts, exercise equipment on four levels and 5 studios for fitness activities. The center will open in fall 2019. More New science building – The May 31 groundbreaking ceremony for the university’s $90 million science building featured a fitting “salute” of exploding chemicals. The building is under construction at Craver and Mary Alexander Roads. The facility will have 130,000 sf of classrooms and labs and will replace existing science facility erected in 1984. More Gage Undergraduate Admissions Center – University City Boulevard. The 18,000-square foot admissions center, located near the main campus entrance, will be a hub for visitors and prospective students when it opens later this year. This will be the starting point for campus tours and student orientation. Veterans Park – On University Road beside Memorial Hall,...
Under Way: Hospitality, retail, dining and greenway

Under Way: Hospitality, retail, dining and greenway

The crane looming over the ATAPCO apartment building on North Tryon Street is the biggest sign by far of a building boom across University City – but hardly the only one. Here’s a rundown of hotels, restaurants, retail and a greenway under way in University City. More “Under Way” reports: University hotel-conference center, science building and more Office building renovations and major upfits Apartments and townhomes Fairfield Inn and Suites – 535 Collins Aikman Drive. 105-room hotel located behind the Homes2Suites by Hilton on McCullough Drive. Construction bids were recently requested for a seven-story Hyatt Place hotel near the Fairfield Inn. More Armored Cow Brewing Co. – 8821 J W Clay Blvd. in University Place. New brew pub just opened. Specialty is gluten-free beer, along with other standards. Serving brunch, plus food-truck offerings. More. Facebook page Rack Room Shoes – IKEA Blvd at University City Blvd. New store joining Burlington, T.J. Maxx and Outback Steakhouse in cluster at Belgate Shopping Center. This store will replace existing store at University Place that will close soon for major property redevelopment. More about Belgate Chick-fil-A – University Executive Park Drive at W.T. Harris Blvd. Chick-fil-A at University Place will relocate to new building with twice the capacity and 34-vehicle drive-through lanes. Site has been cleared. Construction starting soon. Barton Creek Greenway – The new greenway will connect J W Clay Boulevard in University Place to the Mallard and Clarks Creek greenways via a 0.7-mile paved path down a steep, rocky stream that winds between several residential communities. The trail may open late this year but more likely in spring 2020....