Commercial Real Estate Roundup – August 2020

August 2020 report on commercial real estate in University City – Charlotte

Centene Corp. campus

Rendering of main buildings in planned campus in University Research Park

Centene buys additional 51.8 acres in University Research Park

  • Electrolux has sold Centene 51.8 acres fronting Claude Freeman Drive and David Taylor Drive
  • Centene now owns 132 acres in research park for future East Coast headquarters
  • First phase to include 770,000 SF office building near Gov. Hunt Road
  • MORE


Three developers seeking rezonings for 149 acres owned by IBM

  • 700-plus apartments, townhomes near University City Blvd and I-85. MORE
  • 157 townhomes along IBM Drive, Neal Road. MORE
  • 300 apartments on IBM Drive at West WT Harris Blvd. MORE


Purchase makes Centene the No. 4 biggest landowner in Research Park

  • No. 1 is IBM, with 319 acres of undeveloped land, mostly near I-85
  • Other top landowners: Accesso Partners, Wells Fargo, Duke Energy, TIAA
  • Charlotte-Mecklenburg Schools owns 197 acres in 4-school Governors Village


Advance grading work starts soon for future I-85 North Bridge

  • Bridge will link Research Park and University Place near Clay Blvd LYNX station
  • Advance grading work will take place first along David Taylor Drive
  • Construction set to start in 2021; final right-of-way and utility work are next steps
  • MORE


Informal survey finds interest in farmers market and small businesses

  • UCP asked residents this spring to suggest improvements they want here
  • Farmers market, support for small businesses and greenways ranked high
  • About 200 people – most between ages 35 and 64 – took the survey
  • MORE


Topgolf plans to open University City facility in late 2020

  • Popular venue recently reopened its first CLT site with new health measures
  • Topgolf building its 2nd CLT facility in University City Entertainment District
  • University City Topgolf will have 80,000 sf facility near I-85 interchange
  • MORE


Award-winning Blacow Burger Sushi Bar opens in University City

  • New Blacow Burger is in former Taco Mac location near W. Harris Blvd.
  • Menu includes sushi, Asian-inspired burgers, hand-cut fries
  • Blacow burger was named Charlotte’s best in 2018, says Charlotte Five
  • MORE
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