CRESCENT MIXING IT UP AT URP

The University Research Park area could be in store for more than 100k SF of restaurants, shops, and other retail, up to 400k SF of new office space, 250 hotel rooms and more than 400 multifamily or condo units, based on a recent rezoning filed by Crescent Resources. The project site is 62 acres at West Mallard Creek Church Road and Senator Royall Drive. A development cost has not been determined, and the mixed-use project doesn't have a formal name. Crescent?s documentation says it wants the project to bepedestrian-friendly and in keeping with existing development plans for the University area. The company is seeking a zoning change tomixed-use from research. A public hearing on the request is scheduled for June 20. (Worst case scenario, we'll gladly consider it "research" to try out a bunch of new restaurants and retail.)

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Charlotte Extends Data Center Moratorium For 11 More Months

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Developer Buys Land For Active Adult Apartments Near Novant Health Hospital

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error