As many of us are seeing, finding cash flow is more difficult these days. However, finding areas that have promising appreciation? Not so difficult in the Charlotte Market! Check out below for three major developments that are happening in Mecklenburg County:
Queens Bridge Collective:
Chicago-based Riverside is underway on Phase 1 of a large mixed use project linking South End and Uptown. The development will feature an Office Tower and Residential Tower, 30,000 Square Feet of Retail, and 1 acre of Green Outdoor Space.
Once complete, this project will be the tallest building outside of the Uptown Central Business District. Estimated Completion- 2025
The Pearl:
Atrium Health, in collaboration with Wexford Science & Technology, is spearheading the development of the Pearl Innovation District. Over the next 15 years, The Pearl is anticipated to generate over 5,500 onsite jobs, according to a statement from Atrium. The project has the potential to create approximately 11,500 jobs across Mecklenburg County.
The significance of this development lies in Charlotte currently being the largest U.S. city without a four-year medical school. Once completed, you’ll find the Howard R. Levine Center for Education, which will house the school of medicine, Wake Forest University School of Business, Wake Forest School for Professional Studies and Carolinas College of Health Sciences. Classes are expected to begin seating in 2025.
The campus will also have a 331,000-square-foot research building, retail, apartments, a hotel and open community spaces.
Carson South End:
Details: The Crescent/Nuveen development, called Carson South End, will include:
- Nearly 560,000 square feet of office space
- 10,000 square feet of retail
- A 200-room luxury boutique hotel
- More than 100 apartments
- An 8,000-square-foot amenity terrace
Please do not hesitate to reach out with any questions or if you would like more information on Charlotte (Mecklenburg County) and/or its surrounding counties!
