University City Projects/News

[Blue_Devil]

22 minutes ago, go_vertical said:

What exactly is "Class Super A" office space? That is a new term for me. 

I am assuming it is the same as Class A+ or Class AA... but who knows, I haven't heard of that either, and Google shows nothing

• Class A+ and Class A. These buildings represent the highest quality buildings in their market. They are generally the best looking buildings with the best construction, and possess high quality building infrastructure. Class A buildings also are well-located, have good access, and are professionally managed. As a result of this, they attract the highest quality tenants, and also command the highest rents.

[TheOneRJ]

15 hours ago, KJHburg said:

More on the above from the Panorama Holdings website

Tryon Park
CURRENTLY PLAN&DESIGN

Tryon Park is a mixed-use development with over one million square feet of Class Super A corporate office space, expansive public park and corporate plaza, secured private parking, over 250,000 square feet of leasable retail space and over 200 corporate luxury hotel suites.   Located within Charlotte’s dynamic University City, the submarket had its most recent boost from the Light Rail expansion enhancing its accessibility to the major job centers from UNC Charlotte which has a $2.1B Annual Economic Impact. Furthermore, significant infrastructure improvements ($216M+ planned and under construction) will improve the area’s walkability with expanded sidewalks, pedestrian-friendly intersections, and public spaces. Tryon Park project sits at University City Blvd Light rail Station. The location serves as an important midpoint between UNC Charlotte and Uptown Charlotte, allowing the project to tap into a large swath of potential tenants.  We are committed to provide high-quality products bettering the living of our tenants. Live well. Work confidently. Play with abandon. 

Tryon Office Park | Panorama Holdings (panorama-holdings.com)

This may actually be the most transformative project announced for UC post light rail expansion. 

[HopHead]

On 6/14/2021 at 8:36 PM, KJHburg said:

More on the above from the Panorama Holdings website

Tryon Park
CURRENTLY PLAN&DESIGN

Tryon Park is a mixed-use development with over one million square feet of Class Super A corporate office space, expansive public park and corporate plaza, secured private parking, over 250,000 square feet of leasable retail space and over 200 corporate luxury hotel suites.   Located within Charlotte’s dynamic University City, the submarket had its most recent boost from the Light Rail expansion enhancing its accessibility to the major job centers from UNC Charlotte which has a $2.1B Annual Economic Impact. Furthermore, significant infrastructure improvements ($216M+ planned and under construction) will improve the area’s walkability with expanded sidewalks, pedestrian-friendly intersections, and public spaces. Tryon Park project sits at University City Blvd Light rail Station. The location serves as an important midpoint between UNC Charlotte and Uptown Charlotte, allowing the project to tap into a large swath of potential tenants.  We are committed to provide high-quality products bettering the living of our tenants. Live well. Work confidently. Play with abandon. 

Tryon Office Park | Panorama Holdings (panorama-holdings.com)

This will be a game changer for both the University City submarket and UNC Charlotte. Especially with the light rail and direct line to uptown. Hopefully an opportunity for the school to connect with whatever tenants may wind up there. 

[SgtCampsalot]

On 6/14/2021 at 8:20 PM, KJHburg said:

Also from Ashley Fahey from council meeting tonight this new project Tryon Park by Panorama Holdings.  They have done 2 apartment complexes in University area and the Ballantyne mixed used tower Panorama Tower.

""Heater references a proposed 1 million square feet of build-to-suit office development, Tryon Park, in University City, helmed by Panorama Holdings. Says she hopes it will be anchored by 5-acre public park that will be cornerstone of this development.""

 

Hard to get a sense of the location; if it is nearly right on N Tryon St, then this could be an unparalleled public space, visible from the Blue Line. If this is too far back from N Tryon, this could easily feel like a glorified office park space exactly like how Ballantyne Corp Park has so much green space but no sense of place. We shall see!

[ArchiCLT]

 

On 6/16/2021 at 9:48 AM, SgtCampsalot said:

Hard to get a sense of the location; if it is nearly right on N Tryon St, then this could be an unparalleled public space, visible from the Blue Line. If this is too far back from N Tryon, this could easily feel like a glorified office park space exactly like how Ballantyne Corp Park has so much green space but no sense of place. We shall see!

According to a 2021 aerial on Charlotte Explorer, you can see Tryon Park Road labeled below. This is likely an evolution of the "Entertainment District" that has long been rumored. If delivered as announced, development will certainly stretch toward N Tryon in the future.

The 3 industrial buildings' days are certainly numbered as well.

Also, the future extension of Tyner St will also help to cause a spurt of redevelopment in the existing building stock along Stetson Drive.

Charlotte Explorer: https://explore.charlottenc.gov/#

[Matthew.Brendan]

Gonna need much better headways on those trains, folks. 

[KJHburg]

from the rezonings last night and Biz Journal article about them.  this rezoning passed and is located at the corner at I-85 and Harris Blvd. 

""A petition by Lucern Capital Partners to allow up to 96 residential units at the TownePlace Suites by Marriott Charlotte University Research Park hotel, at 8710 Research Drive, for a hotel-to-residential conversion. The proposed development will include upgraded interiors and amenitized green space, according to notes from an April community meeting for the project.""

[Third Strike]

New rezoning for an industrial park at the corner of I-85/485 in Northeast Charlotte:

https://charlottenc.gov/planning/Rezoning/RezoningPetitions/2021Petitions/Documents/Site_Plans/2021_084_siteplan.pdf

[JacksonH]

4 hours ago, Third Strike said:

New rezoning for an industrial park at the corner of I-85/485 in Northeast Charlotte:

https://charlottenc.gov/planning/Rezoning/RezoningPetitions/2021Petitions/Documents/Site_Plans/2021_084_siteplan.pdf

Sorry, I can't read the details on my phone, but is this the recently-announced I-85/I-485 development that's going to include hundreds of residential units?

[KJHburg]

1 hour ago, JacksonH said:

Sorry, I can't read the details on my phone, but is this the recently-announced I-85/I-485 development that's going to include hundreds of residential units?

No that is as we say in the south catty corner in the opposite quadrant of interchange backing up to Concord Mills property.

[JacksonH]

1 hour ago, KJHburg said:

No that is as we say in the south catty corner in the opposite quadrant of interchange backing up to Concord Mills property.

Oh wow, that interchange is really going to explode then.  Back in the 90s when I-485 was little more than a dream, I was living in DC and told a friend there I wanted to figure out where the future road and interchanges would be and buy some land near there because that land one day in the future would be gold.  This is the area I mostly had in mind and the future is now.  Unfortunately, I had no money back then to invest.  

[Third Strike]

No pictures but demolition of the old shops next to the broadwalk has started. Can’t wait until this site gets redeveloped. 
 

https://www.watersedge-universityplace.com

[KJHburg]

Trevi Village on N Tryon right before the Speedway is finally under construction.  I saw the permits noted in the Biz Journal.  Here is the mixed used project and the land has been cleared for a couple of years.

FLYER-TREVI-VILLAGE-NSP.pdf (newsouthprop.com)

[rancenc]

9 hours ago, KJHburg said:

Trevi Village on N Tryon right before the Speedway is finally under construction.  I saw the permits noted in the Biz Journal.  Here is the mixed used project and the land has been cleared for a couple of years.

FLYER-TREVI-VILLAGE-NSP.pdf (newsouthprop.com)

Wow! This site has been under some type of bulldozer scrapping since at least 2018!  Glad to see some actual structures coming!

[KJHburg]

Miscellaneous photos in the university area which is changing due to the LYNX extension.

1.2 Marriott hotel on UNCC campus by the LYNX station

3.4. The most transit accessible hospital in the metro area. 

5.6. New CMPD University headquarters

6. new apartments built in place of single story office building. 

7.8. Next to Showmars the old Residence Inn is now new apartments for rent.  One of two hotel to apartment conversions I know both in the university area.

Apartments for Rent in Charlotte, NC | The Spoke at McCullough Station - Home (thespokemcs.com)   not quite as cheap as I thought they would be but cheaper than the new ones across the street I am sure. 

9. new Lidl on Mallard Creek Rd

 

[JRCLT]

Miscellaneous photos in the university area which is changing due to the LYNX extension.
1.2 Marriott hotel on UNCC campus by the LYNX station
3.4. The most transit accessible hospital in the metro area. 
5.6. New CMPD University headquarters
6. new apartments built in place of single story office building. 
7.8. Next to Showmars the old Residence Inn is now new apartments for rent.  One of two hotel to apartment conversions I know both in the university area.
Apartments for Rent in Charlotte, NC | The Spoke at McCullough Station - Home (thespokemcs.com)   not quite as cheap as I thought they would be but cheaper than the new ones across the street I am sure. 
9. new Lidl on Mallard Creek Rd
 
http://content.invisioncic.com/x329420/monthly_2021_08/IMG_0409.thumb.JPG.d92bc32ac7bc22e2b15da06c664e3fbe.JPG
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Well…it is the most transit accessible hospital at least until the gold line is opens to passenger service…sometime soon I hope…

[KJHburg]

2 minutes ago, JeanClt said:

Well…it is the most transit accessible hospital at least until the gold line is opens to passenger service…sometime soon I hope…

you are right then Novant main will be the most accessible hospital I guess I forgot about that line since it has been so delayed. 

[RANYC]

18 hours ago, JeanClt said:

Well…it is the most transit accessible hospital at least until the gold line is opens to passenger service…sometime soon I hope…

What gold line?  Somebody said gold line?

[KJHburg]

Crescent has demo'ed the old big box shopping center except for the Ross which will come down soon.  This is a great improvement.  The orginal plan by Hahn Company out of San Diego was an open air mall on this spot which would have been great. 

1. 2. New apartments at University Place at the lake 3. notice no big boxes  4. Sabor a retail tenant of the LYNX garage  5. Marriott hotel at campus 6. site work on the mixed use project on N Tryon near Speedway. 

NOVEL University Place

Edited August 18, 2021 by KJHburg

[rancenc]

New apartment complex coming to the University Place development.

https://www.wccbcharlotte.com/2021/10/14/crescent-communities-begin-development-of-multifamily-complex-in-university-city-in-november/

[SydneyCarton]

From today’s Observer.  I can’t open the article.

[BarrenLucidity]

20 hours ago, SydneyCarton said:

From today’s Observer.  I can’t open the article.

Construction will start this month on more than 300 apartment units in University City as part of a large redevelopment to be the area’s “future town center.” The 311 apartments, called Novel University Place, are being developed by Crescent Communities and will be spread out across four buildings, each with three to five floors.

They will be a mix of one-, two-, and three-bedroom units. Crescent will also build three separate carriage buildings, similar to a townhouse, with tuck-under garages, according to a company news release. The first units should be completed by 2023. The company did not disclose the cost of the project.

The apartments will be part of Waters Edge, a larger development project around a small, 15-acre man-made lake near the intersection of J.W. Clay and W.T. Harris boulevards. So far, a small cluster of box store buildings, including a Michaels and Ross Dress for Less, have been demolished to make room for the project. The stores were relocated to vacant buildings across the street. EB Arrow, a Dallas-based developer, is leading the Waters Edge project. In 2019, Charlotte City Council unanimously approved a rezoning request for the project, which will sit on about 20 acres. It will also include an office, retail, lakefront park and a refurbished 1-mile pedestrian trail that runs along the lake.

ADDITIONAL PLANS FOR THE AREA The development is less than half a mile from the J.W. Clay Boulevard light rail station. The project falls in with what has been a flurry of development along the $1.2 billion light rail extension from uptown to UNC Charlotte, the Observer previously reported. There have been discussions to relocate the nearby University City Regional Library to the project site. Darlene Heater, executive director of University City Partners, which advocates for economic development in the area, told The Observer Thursday that negotiations remain ongoing. It’s been a “difficult and slow process” to get the pieces in place, Heater said. Heater’s group has advocated for the library relocation. It’s the second busiest branch in the system and could be served by higher visibility and better accessibility if located on the project site, Heater said. The library currently leases space near Atrium Health off W.T. Harris Boulevard. If relocated to the project site, EB Arrow has plans to double the square footage of the library, Heater said. Heater said the makeover to the lake’s waterfront will also open new space for events like live concerts. Work is also progressing on a new pedestrian-friendly bridge over Interstate 85, which will help better connect University City with the area’s research park. The I-85 North bridge will be a two-lane road with a two-lane bike path. Current work includes land acquisition and finishing final design, according to the city’s website. There are also plans for a new streetscape at J.W. Clay Boulevard, which forms a ring around the lake. The project proposes to add sidewalks and bike lanes by widening the street. Utility relocation was expected to start this summer and bids will go out late this year, according to the city’s website. “I can’t even find words to express how transformational these three things are for the area,” Heater said. Among the tasks on the to-do list: name the 15-acre lake, which is actually a stormwater facility that was formed by damming a stream underneath it, Heater said. For now, those in University City just call the spot “the boardwalk.”

Read more at: https://www.charlotteobserver.com/news/business/development/article254999427.html

[SydneyCarton]

This is extremely impressive.

University City Partners has a vision for its future growth | Charlotte Observer

4-Connecting-The-University-City-Vision-Executive-Summary-WEB-1.pdf (universitycitypartners.org)

P,S.: This has to be the one of the most inclusive photos from the gay couple, to the black families, the Hispanic guy on the fence, and the Jewish dude in the wheelchair wearing a Yarmulke.  They should have included Muslim women in Hijabs, but KUMBAYA, nonetheless!

Edited November 2, 2021 by SydneyCarton

[Third Strike]

I was on the University City Partners website, and they had a redevelopment project on their interactive map for the Mallard Pointe Shopping Center (next to the JW Clay Station, where Food Lion is). Looks like the former Kohls location will be demolished for apartments and a parking deck. Anybody have anymore info on this project?

[KJHburg]

They were marketing the old Kohls for office space but this makes a lot more sense apartments there.  I did read or see that somewhere.   Think it is a great idea.