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 –...
Allstate
Allstate to expand CLT operations with 2,250 more jobs – 1,200-plus employees already at Innovation Park
NC Commerce Department news release: Allstate Insurance Company will add 2,250 jobs over three years in North Carolina as it expands its operations in Mecklenburg County, Governor Roy Cooper announced on Wednesday, Aug. 9. Allstate already employs more than 1,400...
Investors buy former Allstate offices, while developers propose entertainment district
A recent property sale and new rezoning request signal continued business interest in the coming LYNX light-rail line. Arkansas investors have bought a 1970s office building and 35 acres on McCullough Drive for $12.3 million. The three-story building, vacant since...
For lease: 197,000 sf office building near light-rail station
401 McCullough Drive offers a rare opportunity: nearly 200,000 sf of office space in Charlotte's No. 2 employment center within a 10-minute walk of the LYNX light-rail line. The former Allstate office building is on 32 acres in the University submarket. The 3-story...
2013 in review: Real-estate deals and new apartments heat up
University City saw several major property purchases, leases and rezonings plus extensive multifamily construction in 2013. Lincoln Harris in December bought a Tryon Street property zoned for 1 million square feet of offices. The long-vacant former Walmart property at...