A ground-breaking date hasn't been set. There has been no pre-leasing activity. The first phase will comprise 15,000 sf of shops anchored by a supermarket.
Charlotte City Council members are expected to vote on the developer's rezoning request Jan. 15. The proposal also calls for improving the intersection of the Mount Holly-Huntersville Road, ranked as the ninth most dangerous in Mecklenburg County. Cambridge, the state and the city of Charlotte are expected to share in the expense of changing the direction of the roads, acquiring the necessary right-of-ways and adding traffic signals at an estimated cost of $1 million.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.