Recent building permits point to more than $125 million in new construction

Recent building permits point to more than $125 million in new construction

The construction crane swinging over Vue on University, a new apartment community rising near campus, is a clear sign that University City continues to grow even through the pandemic. In fact, Mecklenburg County has issued building permits for more than $125 million in new construction and renovations in University City’s central business district between June 1 and mid-September. Here’s a glimpse at the largest projects. Please note that the dollar figures shown here don’t necessarily capture the full cost, since large projects may get multiple permits over several months. Residential projects Tapestry University City, University City Apartments, LLC, 8235 Dave McKinney Ave. $46.5 million 2. Vue on University, Vue on University Phase 1 LLC, 9905 University City Blvd. $40.5 million 3. LIV North Tryon Station, PR 111/LIC UNCC Apartments, LP, 6820 N. Tryon St. $15.4 million   Retail/Office 4. Lidl grocery store, 615 W. Mallard Creek Church Road, new building, $9.43 million. 5-6. The Pointe at University Place buildings E and B, CS Shoppes at University Place, LLC Building E, 8956 J M Keynes Drive; office, bank, medical offices; $333,600. Building B, 9832 J M Keynes Drive; stores, restaurant etc.; $615,400.   Office/Research 7. TIAA, Andrew Carnegie Blvd; multiple permits for interior renovations; $8.15 million. 8. EPRi, 1200-1300 W. WT Harris Blvd, renovations, $826,000. 9. Proximity Park, 401 McCullough Drive, interior improvements, $471,000. 10. Lowe’s, 1100 Chancellor Park Drive, upfits, additions and/or repairs, $627,000.   Institutional 11. Mallard Creek Wastewater Reclamation Facility RUVI, City of Charlotte, 12400 N. Tryon St. $1.16...
Medical center among 9 new developments proposed in University City

Medical center among 9 new developments proposed in University City

A major Novant Health medical center was among 9 proposed developments in University City reviewed or approved by Charlotte City Council at its Sept. 21 rezoning meeting. Altogether, the nine proposals would add nearly 2,000 housing units, 30,000 square feet of retail and offices, and Novant Health’s planned 144,000 square-foot medical center near UNC Charlotte. Rezoning petitions approved on Sept. 21 The council unanimously approved all four of these petitions. Click here to watch a video of the entire 4-hour-long City Council meeting. 1. Mixed-use residential community on NC 49 Location: University City Boulevard, north side, just west of the Mecklenburg-Cabarrus County line. Zoning change approved: 93.9 acres from MX-1 mixed residential to MX-2 mixed residential. This will allow more than half of the dwelling units to be multifamily. Petitioner: K Sade Ventures, LLC. Petition 2020-092 details Proposed uses: 250 single-family detached homes and 288 multifamily units. Other details: 8-ft planting strip and 12-ft multi-use path along University City Blvd frontage. 2. Retail center on NC 49 Location: University City Boulevard, north side, just west of the Mecklenburg-Cabarrus County line. Zoning change approved: 4.56 acres from neighborhood business to general business, conditional. Petitioner: K Sade Ventures, LLC. Petition 2020-021 details Proposed uses: Up to 20,000 square feet of general business uses. Other details. Adjoins 92 acres also being rezoned for residential uses. 3. Mixed-use development on Mallard Creek Church Road near I-85 Location: East side of John Adams Road, north of Mallard Creek Church Road and east of I-85 Zoning change approved: 24.6 acres from neighborhood business and office to Mixed-Use Development (optional) Petitioner: Flournoy Development Group. Petition 2020-048...
Crescent Communities redefining creative office space at Escent Research Park

Crescent Communities redefining creative office space at Escent Research Park

Crescent Communities recently celebrated the topping-out of its transformative new office building, Escent Research Park. The four-story, 158,000 square-foot Class A creative office community is set to open in 2021 in University Research Park. Escent Research Park is designed to provide a modern workspace that can help companies inspire, retain and motivate top talent. Among the features that will shape that workspace are: Two large courtyards that include indoor and outdoor spaces for collaboration, respite, meetings. A light-filled double-height lobby and amenity center with alternative workspaces for creativity and collaboration. Efficient +/- 45,000 SF floor plans with virtually column-free layouts for flexible interior design. Ultimate connectivity throughout the Escent Research Park building and campus. Crescent Communities is seeking Wired Certification of Escent’s digital infrastructure. Escent Research Park’s campus is located on 21 acres between Mallard Creek Church Road and David Taylor Drive. The site will allow quick access to I-85 and I-485, and is close to the LYNX light-rail line and to 13 miles of connected greenways through University Research Park, UNC Charlotte and several nearby neighborhoods. Learn more about Escent Research Park Take a virtual tour Download the building brochure Visit the website For leasing information, contact Joe Franco or Stephanie Spivey at CBRE....

Informal community survey finds strong interest in farmers market, local businesses, greenways

In April and May, we invited University City residents and workers to complete an informal survey about programs and improvements they’d like to see in our community. More than 200 people took part. Here’s what they shared. How well do their responses match what you would say? About the people who responded Of the 209 people who took part, four-fifths say they live in University City, while the remainder say they work here. About half of the residents live in the 28269 ZIP Code, with the remainder split between 28262 and 28213. Three-fourths of the responders put their ages at between 35 and 64. Topics of interest during the pandemic The pandemic was already in full swing when we began the survey. We asked responders to rate the types of information they most wanted to receive regarding the pandemic’s impact. Their answers by level of interest, from high to low: Ways to support local businesses. Community impact stories. Physical safety and mental health tips. Food access programs and locations. Community programs We asked everyone to tell us which types of activities they would most appreciate adding in University City. Nearly 90% said they’d like a farmers market. More than half asked for movies or music, while one in five mentioned outdoor playgrounds. Greenways About two-thirds of people completing the survey say they visit greenways at least every couple of months; 25% say they walk or bike on one of the greenways at least weekly. What could make greenways better? Half of the survey-takers say the greenways need more natural beautification, and nearly as many want more places to sit....
Commercial Real Estate Roundup – July 2020

Commercial Real Estate Roundup – July 2020

July 2020 report on commercial real estate in University City – Charlotte Centene to break ground on URP campus in August First buildings will be 770,000 SF main building and parking garage, Charlotte Observer reports Centene completed purchase on July 10 of 80.1 acres along Gov Hunt Road for $10 million Read full July 1 news release about Centene’s East Coast HQ plans MORE Innovation Park owners unveil plan to take massive complex to the next level Accesso Partners seeks rezoning for mixed-use development around existing facility Proposal would add multifamily, retail, hotel and offices, says Business Journal Rezoning will be “dense,” with modern, higher-end product, says Accesso Partners’ CIO MORE Shorenstein seeks OK for offices, parking near its 6800 Solectron Dr building Rezoning would allow 50,000 sf of new development and parking, Business Journal reports Shorenstein bought 6800 Solectron flex building in 2019, announced plans for offices Rezoning is for 12.4 acres between Mallard Creek Road and 6800 Solectron property MORE UCP to co-host interactive discussion about small-business grants on July 22 Online event takes place 3 pm July 22 on University City Partners Facebook Page Qualifying businesses will receive grants of either $10,000 or $25,000 Key speaker will be Holly Eskridge, city’s asst. economic development director MORE Podcast features Darlene Heater discussing “Driving Business in University City” Heater talks with Jeffrey Jones of Belk College of Business on Charlotte Business Buzz Topics include University City’s rapid growth, the challenges of the pandemic and what lies ahead MORE University City leads Charlotte’s multifamily housing boom, says CoStar Recent report says over 2,000 units are under construction CoStar says...
Join us July 22 for interactive discussion on small-business grants

Join us July 22 for interactive discussion on small-business grants

Join University City Partners and Holly Eskridge, Assistant Economic Development Director for the City of Charlotte, on July 22 for an interactive discussion about the Access to Capital grants available for small businesses. How to take part The event will take place 3-3:30 pm July 22 using Facebook Live. Access the event via the University City Partners Facebook page. About the grants Through the small business recovery program, the City of Charlotte is distributing $30 million in federal CARES Act funding to small businesses headquartered within the Charlotte city limits. The program is a part of the City’s Open for Business Initiative. Qualifying businesses will receive grants of either $10,000 or $25,000, depending on number of employees. Foundation for the Carolinas serves as the city’s grantmaking partner for this effort. The July 22 online program is being hosted by University City Partners and Foundation for the Carolinas. Questions? If you have questions about the July 22 program, contact Darlene Heater at dheater@universitycitypartners.org. Visit the Open For Business website to learn more about the grant program and how to apply. Please share! Please share this email with any local small-business owners you know....