Charlotte’s traffic is like the weather, right? Everyone complains but who can do anything? Well, right now, YOU CAN do something about traffic – by taking an online survey to help shape state and local decisions for the next 25 years about roads, light rail, other...
Economic Development
One University Place greets the future with major renovation
One of University City’s oldest and perhaps even historic office buildings – One University Place – just underwent a comprehensive update, thanks to new owner Origin Investments. The multi-million-dollar renovation includes major improvements to the lakeside office...
When University Place was fresh and new
University City Partners and several property owners recently unveiled plans for transforming University Place and nearby property into a transit-energized urban center. More than 30 years ago, another group of visionaries crafted the original University Place, and it...
Apartment developer pays $1.12 million per acre for site near campus
A recent property sale near UNC Charlotte for a new apartment community appears to have set a record for land cost per acre. Haven Campus Communities - Charlotte LLC in December bought 6.8 acres on University City Boulevard and Sandburg Avenue for a total of...
Apartment developer buys tract near University City Blvd. transit station
A veteran apartment developer has purchased 15 acres on North Tryon Street at the University City Boulevard Transit Station. According to tax records, Oxford Properties of Atlanta paid $6.35 million in December for the property, in the University City Gateway...
New owners see bright future for Grande Promenade
The Grande Promenade shopping center at North Tryon Street and East W.T. Harris Boulevard has been bought by a Boston real-estate company for $40.1 million, The Charlotte Observer reports. Ferris Development Group says it plans to bring new energy and tenants to the...
Mallard Creek Center sells for $19.8 million
One of University City's most visible office parks, Mallard Creek Center, has been sold for 19.8 million, The Charlotte Observer reports. The center's signature building sits at the corner of West W.T. Harris Boulevard and Mallard Creek Road. The six-building park on...