Liberty Crossing at 4 8 5
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LIBERTY CROSSING AT 4 8 5 A Proposed 96-Acre Mixed-Use Development Intersection of I-485 & Old Statesville Road Charlotte, North Carolina 28269 CONCEPTUAL PARCEL PLAN I-485 Pedestrian Greenway & Stream Connection & Urban Farm C Proposed 485 North B Office / Campus Site A D H E I K F Red Line Commuter Rail Station J G Independence Hill Road Old Statesville Road CALL FOR PRICING C B A D H E I F K J G PARCEL ACRES A 11 . 81 6 D 9.597 G 7.7 9 2 J 11.932 B 5.307 E 3.660 H 10.525 K 6 . 212 C 18.418 F 4. 245 I 2 .173 PROPERTY OVERVIEW PRICING Accepting offers to sell portions of the property and entertaining joint venture proposals for the development of the property LOCATION The property is located at the southwest and southeast quadrants of Interstate 485 and NC Highway 115 (Old Statesville Road) in Charlotte, North Carolina. The land is also bordered by Independence Hill Road to the east and the future extension of Hucks Road to the south SITE AREA 41.89 Acres - Tax Parcel ID # 02505103 44.66 Acres - Tax Parcel ID # 01933105 1.647 Acres - Tax Parcel ID # 02505102 7.86 Acres - Tax Parcel ID # 02718204 ROAD FRONTAGE Interstate 485 – 1,675 LF NC Hwy 115 – 2,340 LF Independence Hill Road – 2,177 LF ADDITIONAL PROPERTY Adjacent to Liberty Crossing at 485 is an additional 36 acres available for purchase, also planned for Transit Supportive Development SITE INFORMATION ZONING The property located on the west side of NC Highway 115 is zoned “BP” Business Park and the land located on the east side of NC Highway 115 is zoned R-4 and I-1. The property is planned for “TSD –Mixed Use” zoning due to its proximity to the future Eastfield Station along the Red Line commuter rail mass transit project. TSD-M refers to a mixture of transit oriented development and could include a blend of higher density residential, employment/office, civic, entertainment and institutional uses, as well as a limited amount of retail uses designed to encourage walking, bicycling and transit use. With the exception of retail, these uses would also be appropriate as a single use within the TSD-M classification UTILITIES Water service is located in the right of way of NC Highway 115 (Old Statesville Road) provided by Charlotte Mecklenburg Utility department Sewer service is adjacent to the site and provided by Charlotte Mecklenburg Utility department Natural Gas service is located along NC Highway 115 and provided by Piedmont Natural Gas Company Electricity is available and provided by Duke Energy Telephone and data service is available and provided by multiple companies TAXES The property is located in Mecklenburg County, just outside the city limits of Charlotte and is currently only subject to county taxes. The tax rate for the 2016 tax year was $1.0971 per $100 of assessed value. The total assessed value for the 96.06 acres was $5,182,000 and the tax liability was $56,872.21 ACCESS The property is located at the northernmost point of Interstate 485, Charlotte’s outer belt. The location is approximately halfway between Charlotte’s central business district and the prestigious communities of Lake Norman, Charlotte’s premier resort area offering luxury lake living. North Lake Mall is located one exit to the west with various restaurants and hotels. Interstate 85 is 7 minutes to the east and Interstate 77 is 1 minute to the west, both directly accessible via I-485 Exit 23 which is adjacent to the property. Charlotte Douglas International Airport is a 20 minute drive from the site, Concord Regional Airport is a 12 minute drive and the Charlotte Central Business District is a 15 minute drive from the property. The location at the crossroads of two interstates provides the uncommon ability to travel to all points on the compass with minimal traffic congestion. This superior transportation access provides the property with and unparalleled labor market and the ability to offer live/work solutions in this fast growing and desirable part of Mecklenburg County PROJECT OVERVIEW Liberty Crossing at 485 is a proposed 96-acre mixed use development located in northern Mecklenburg County at the apex of Interstate 485, Charlotte’s outer belt. 36 acres of additional land is available for purchase adjacent to the property which would increase the project to 132 acres. The property’s rich and spacious land perfectly suits elements like an urban farm, greenway, and fitness and biking trails to meander through the development. Interconnectivity between all this project’s various components is its most critical and important design element. The ability to walk from the office to a restaurant, café or brew pub and then walk home to an apartment or townhome will be a hallmark of this new community, and all with incredible views overlooking the property’s creeks and natural areas. Preservation of the Long Creek tributary that bisects the land, in addition to the walking trails and gardens, will provide all members of the community with a serene environment. The land is planned for “Transit Supportive Development” with a commuter rail station planned for the property. The planned TSD Mixed-Use zoning encourages a blend of high density office, residential and retail uses. This high density zoning along with the adjacent I-485 exit provides a platform to create a new live and work community with superior access to all parts of the region via the three interstates located within minutes of the site, not to mention the future rail mass transit. Sites are available for: Corporate campus or individual office buildings High-density multi-family development Commercial and retail development Hotels and destination retail development LIBERTY CROSSING AT 485 CONCEPT PLAN VIA BOHLER ENGINEERING LIBERTY CROSSING AT 485 POLARIS 3G MAP - MECKLENBURG COUNTY, NORTH CAROLINA LIBERTY CROSSING AT 485 ADDITIONAL PROPERTY 0 0.05 0.1 0.2 Miles This map or report is prepared for the inventory of real property within Mecklenburg County and is compiled from recorded deeds, plats, tax maps, surveys, planimetric maps, and other public records and data. Users of this map or report are hereby notified that the aforementioned public primary information sources should be consulted for verification. Mecklenburg County and its mapping contractors assume no legal responsibility for the information contained herein. 1 - 9 - 2017 LIBERTY CROSSING AT 485 LOCATION AREA MAP Norman Walters 704-608-0212 [email protected] 6420 A-1 Rea Rd, PNB 320 www.walterscommercial.com Charlotte, North Carolina 28277.