Pre-leasing has begun at Novel Research Park, a new apartment community under construction in University Research Park at West Mallard Creek Church Road and Senator Royall Place. The Business Journal reports that rates start at $1,055 for a single-bedroom unit and...
Commercial real estate
Cleaner streets ahead for UCity
University City’s highways will soon receive extra TLC. Starting this spring, University City Partners will pay a contractor to clean up litter along North Tryon Street, W.T. Harris Boulevard and parts of other major roadways within University City’s Municipal Service...
Developer seeks OK for major reworking of University Place
Updated Dec. 13, 2018 – The new owner of several retail buildings on 30 acres of University Place has filed a rezoning for 20.6 acres beside the University Place Lake, the Charlotte Business Journal reports. EBA Crystal Real Estate’s development plan calls for up to...
Proximity Park project turns back the clock
By next fall, one of University City’s oldest office buildings will look like its newest. With a redesign by global architectural firm Gensler, the former office of Allstate Insurance, at 401 McCullough Drive, will have completed its transformation to Proximity Park –...
Business Journal honors University City ‘Heavy Hitters’
Two University City development projects and a pioneering architect for University Place have received the Charlotte Business Journal’s Heavy Hitters Commercial Real Estate Awards: Blu at Northline apartments, Corvian Community School’s high school and architect David...
Office sale indicates surging interest in Ucity submarket
Charlotte’s hot economy is heating up University City’s office market. The largest multi-tenant office building in University Research Park, Cambridge Corporate Center, just sold for 45% more than what the previous owners paid to buy it just four years ago, the...
Redevelopment-focused investor buys key part of University Place
A Texas-based developer and asset manager has purchased a large part of University Place along JW Clay Boulevard and the lake, reports The Charlotte Business Journal. The buyer, EB Arrow, focuses on renovating and redeveloping older commercial centers located in prime...