One of University City’s first office buildings has officially been reborn with the announcement on Jan. 14 that Principal Financial Group will occupy more than half of Proximity Park, at 401 McCullough Drive. Built in 1973 and renovated over the past year by new...
The sale of Innovation Park ranks as Charlotte’s No. 2 biggest commercial-real estate deal of 2019, says the Charlotte Business Journal. The former IBM plant-turned-mega-office center sold for $270 million, making it 2019’s No. 1 suburban office deal, as well. The...
Shorenstein Realty Services, which announced plans in October 2019 to redevelop a massive former IBM office-warehouse facility on Solectron Drive, recently bought land that could provide a major entrance on Mallard Creek Road. Shorenstein acquired the longtime...
The Charlotte Observer reports that a Tru by Hilton hotel is planned for University Pointe Boulevard at I-85, based on permits filed recently with the city. The location is beside the Holiday Inn Express and Suites at 6020 University Pointe Blvd. Both properties are...
Retail space at the JW Clay Blvd LYNX parking deck has its second tenant. Sabor Latin Street Grill opened in December on the JW Clay Boulevard side of the building. Atrium Health Urgent Care University City opened in October. Sabor is a locally owned fast-food chain...
Novant Health has applied for a rezoning to allow a hospital or medical offices at North Tryon Street and Mallard Creek Church Road, the Charlotte Observer reports. The plan calls for up to 144,000 square feet of surgery centers, clinic space, emergency rooms and/or...
Charlotte’s engineering department reports that construction should begin in early 2021 on the future I-85 North Bridge connecting University Place and University Research Park. The bridge and associated new and upgraded roadways should open in early 2024. Funded by...