University City Partners had great news to share on April 13, as it released its 2017 Economic Development Report for Charlotte’s No. 2 employment district. From surging commercial-real-estate sales to numerous business expansions, “Remarkable data points to this as a...
Economic Development
University City attracting apartment investors, builders
The Vinoy at Innovation Park apartments near Vance High School have a new owner. Eaton Vance Management’s Real Estate Investment Group purchased the 356-home community on Jan. 31 from Heitman, of Chicago for $52,750,000. That is 38% more than Heitman paid for The...
LYNX updates: New investments and delayed start date
If you follow the LYNX Blue Line Extension project, you’ve already heard the news: Light-rail service to Center City is now set to begin next March rather than this August. But did you know that March 2018 has been the required delivery date all along? And have you...
Learn about light rail’s past and future at March 2 event
Where has light rail brought Charlotte since it began in 2007? Where are we headed as University City’s line opens this summer? Get answers at the March 2 presentation, “Charlotte’s Light Rail: 10 Years of Change,” featuring Darlene Heater, executive director of...
Grocery chain featuring Indian and Pakistani food plans NC 49 store
One of University City’s “historic” buildings may be getting a new life as a grocery store. Suvidha INDO-PAK Groceries has taken out a building permit to renovate the longtime home of Gus’s Original Forty-Niner, at 10008 University City Blvd. just east of Mallard...
5-story apartment building approved near McCullough LYNX station
The shift of University City’s North Tryon Street business corridor from car-centric suburbia to transit powered urban district took another step forward in January with City Council’s approval of a five-story apartment building near the McCullough Drive light-rail...
UNC Charlotte-based Atom Power gets Siemens funding to launch revolutionary circuit breaker
The UNC Charlotte Portal Building provided a fitting setting on Feb. 9 for a groundbreaking announcement by startup company Atom Power. Siemens, the global leader in energy technology and Charlotte’s No. 1 manufacturer, announced that it is providing major funding to...