Lincoln Harris Rea Farms, Uptown Development Mark Major Milestones
These are heady times for developer Lincoln Harris. Vertical construction just started at Rea Farms, its master planned community in South Charlotte, and word is that Bank of America is taking 500K SF to anchor Lincoln Harris' office development Uptown.
At Rea Farms, Life Time Fitness and Woodfield Investments are at work on a fitness facility and apartment community, respectively, and construction should begin early this summer on the development’s Harris Teeter-anchored retail village and a senior living facility by Greystar. Lincoln Harris is master developing the site with Greg Currie and the Rea family.
"Rea Farms will deliver the walkable, mixed-use environment that residents and employers are seeking in South Charlotte," Lincoln Harris CEO Johnny Harris said. “Our development is making great progress, and we look forward to starting work on the retail village in a few months.”
Life Time Fitness has reached the midway point of construction on its 200K SF Life Time Athletic Charlotte, which will include an indoor and outdoor aquatic center, a tennis complex, a full-service salon and spa, and a café. Woodfield Investments recently started vertical construction on its 455-unit apartment community, The Links at Rea Farms, where the first units will deliver in early 2018.
The 76K SF Harris Teeter will anchor 210K SF of retail and restaurant space at Rea Farms, largely on the east side of the Village Green.
In Uptown, Bank of America and Lincoln Harris president Johno Harris confirmed to the Charlotte Business Journal that the bank is taking 500K SF of the 845K SF office tower Lincoln Harris is developing at 620 South Tryon St., between Church and Tryon streets. The property is expected to be complete by 2019.
Bank of America did not say whether it will move out of existing space leased in Uptown as a result.