DOCSLIB.ORG

2001 South Tryon Street | Charlotte, Nc 28203 Property Details

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2001 South Tryon Street | Charlotte, Nc 28203 Property Details 2001 SOUTH TRYON STREET | CHARLOTTE, NC 28203 PROPERTY DETAILS Friendly Pl PINOCA Beatties Ford Rd Tipton Dr Brookway Dr Starita Rd Munsee St Pine Grove Cir Amble Dr Winchester St Ironwood St Crestdale Dr W Craighead Rd Cushman St Manley St Kendall Dr Yu Squirrel Hill Rd N Dakota St ma St Snow White Ln r D n Black Ave Tennessee Ave Woodpark Blvd o Gilbert St t Abelwood Rd Rutgers Ave Argyle Dr W r JT Williams Jr Hi Dr e g Jessie St d d Hartley St R E d o r N Hoskins Rd Holly St Hidden Valley Rd o D w Birkdale Dr n e Porter St Ameron Dr r d i o s 13A h Ludlow Dr Gondola Ave e Sutton Dr T r i Knollcrest Dr N Cloudman St F • ± 16,500 SF of retail space available in Three30Five, a new developmentCarmine St with Toal St Odessa Ave Ridgeley Dr Hillcrest St d English Dr R Williamson St N Hoskins Rd Julia Ave Cinderella Rd Woodman Ave y Dr Webber Ave l r Morgan St N Crigler St e Marvin Smith Rd Alma Ct h Dr Webber Ave t S Ramsey St r o Sofley Rd Alabama Ave Service St Sampson St 36 Newland Rd N Northaven Dr Candystick Ln Thera Dr retail and approximatelyN Linwood Ave 42,500 SF of office completed Q1 2020 12 Wildwood Ave Ingle St S Cloudman St d Kennesaw Dr R Irma St Southwest Blvd Augusta St Burbank Dr Rozzelles Ferry Rd Whittington St k Senior Dr Kentbrook Dr e Wellingford St S Hoskins Rd e Upper Asbury Ave Hondures Dr r Custer St C Tennessee Ave HOSKINS Catherine Simmons Ave r a 16 Jennings St t UV Kentucky Ave Englehardt St g u Syracuse Dr S t S t Drury Dr e Johnson Rd Pennsylvania Ave W Blackmon St s n Madrid St i o t P Asbury Ave Hovis Rd S Rolling Hill Dr Hoskins Mill Ln e Wainwright Ave c Simplicity St S Goff St n Anna Garrison Rd i r Springview Rd P Derita Creek Park Glory St Bradford Dr Honeywood Ave Lasalle St Atando Ave Kennedy St j Burroughs St S Crigler St Garnette Pl • Located in theGossett Ave heart of South End and walking distance to the Design District, aMcArthur Ave DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Hyde Dr Nelson Ave Centre St S Linwood Ave 85 McDonald St Lasalle St ¦¨§ 85 St Luke St ATANDO JUNCTION Cromer St ¦¨§ Botany St Hildebrand St Cantwell St Haines St Hillsboro Ave S Hoskins Rd Honeywood Ave Justice Ave Maribel Ave Dare Dr Hershey St M e L D Parker Dr t Celia Ave l l Hoskins Park Bellaire Dr o Irma St S Damask Dr w t Erie St Hateras Ave r S Mitchell St new urban cultural center in Charlotte’s South End neighborhood u j 36 D Kennesaw Dr t o t Holland Ave r h Bellhaven Blvd e Fitzgerald Ave Taylor Ave Darby Ave n Hunslet Cir n e St John St n Centre St Remington St s e I t B Blenhein Rd S Reliance St Dupree St t Dogwood Ave Samuel St t Frew Rd e Leota Dr Rodey Ave s n Newland Rd i Odum Ave St Paul St Beechway Cir Welling Ave Estelle St o Halsey St L C Coleman Neighborhood Park St Paul St Newcastle St Brownstone St P Tiffany Rose Pl j t Rowan St Reeves Ct S 12 Boyd St n o Tillman Rd Lander St t r Bingham Dr o North Ave D Idaho Dr Double Oaks Park 2018 ESTIMATED POPULATION 15 ,974 106,190 231,950 Gunn St j Ennis Ave • In close35 proximityOregon toSt the Charlotte Rail Trail, the LYNX Blue Line East/West Key St Barlowe Rd Grant St Celia Ave Grier Ave Venice St Russell Ave Lakewood Ave Reno Ave Moretz Ave Robinson Cir Curtiswood Dr Lynn St Boyd St Dundeen St Orvis St Waddell St Hilo Dr Grant St Planters Pl Tillman Rd Hoover St e v E Sugar Creek Rd Olando St A Norris Ave Boulevard light rail station, SycamorePitts DrBrewing, Lowe’s and Publix e Druid Cir Galax Dr Vinton St l 29 l i £¤ Condon St Mayfield Terrace Dr v Kalynne St s Lucena St Greensboro St Tate St e Joyceton St Jones St t a Jefferson Davis St Guy E Suddreth Ave t Enterprise Dr Redbud St S Tranquil Oak Pl Pritchard St Booker Ave Fairmont St Dewolfe St Vanderbilt Rd Harrison St Raleigh St Horne Dr Rachel St 35 Edison St N Graham St Ritch Ave Boone St W 32nd St Norwood Dr Campus St Thomasboro Dr Oaklawn Cemetery Bancroft St Grimes St Eddleman Rd Clyde Dr Franklin Ave Sanders Ave 2023 PROJECTED POPULATIONRaleigh St 17, 819Howie Cir 117, 7 8 5 257,779 E Craighead Rd Dean St Winston St N Poplar St E 36th St Philemon Ave Mulberry Ave Eureka St Benard Ave • New construction in the area includes moreUV16 than 1 million SF of office, 4,300 Plainview Rd Coronet Way Bearwood Ave 34 Judson Ave Arden St Kohler Ave Condon St Rush Wind Dr W 31st St Lakeview St r Washington Ave Glenwood Dr D Bungalow Rd Double Oaks Rd n Catalina Ave 11B-A Bellefonte Dr Zebulon Ave o Peaceful Way Dr d Carter Ave l Franklin Ave Redwood Ave e Mattoon St Genesis Park Pl Norwell Pl S Cullman Ave r Garringer Pl W Trade St D housing units and 400,000 SF of retail W 30th St h Tresevant Ave Woodward Ave t Brewton Dr Bancroft St Dinglewood Ave e b Mulberry Ave Warp St Northmore St m e Concordia Ave r Fairfield St T Clifton St Tinnin Ave W 28th St Coronet Way R Patton Ave i Cemetery St s Roslyn Ave Stroud Park Ct Card St i Bahama Dr n Atmore St g Mercury St Avalon Ave O Rollerton Rd Aberdeen Carolina & Western a Crestmere St The Plaza Madison Ave k E 35th St Steel Gardens Blvd Weldon Ave D EST. HOUSEHOLD INCOME $80,963 $101,678 $94,575 Avalon Ave S Gregg St Oaklawn Ave r N Pine St S Smallwood Pl N Poplar St Triangle Dr Creek St 11A French St W 27th St Commercial Ave Tennyson Dr W 25th St E 33rd St Parkside Dr Ethel Guest Ln E 28th St Ravencroft Dr September Ln W 24th St E 37th St • With more than 106,190 peopleYellowstone Dr in a 3-mile radius, Three30FiveVan Buren Ave Andrill Ter sits in a densely W 26th St Tuckaseegee Rd Anderson St Blackwood Ave Matheson Ave Whisnant St Spencer St Mill Rd Fontana Ave Academy St t Bancroft St S Wolfberry St S Turner Ave BurtonGREENVILLE St E 34th St n Fern Ave o N Church St Hazel St Karendale Ave m o S Gardner Ave l ENDERLY PARK Chamberlain Ave o Spring St McMillan St S Campus St Oakwood Ave populated area with access to attractive demographicsDarsey St —average10C household Yadkin Ave Dixon St 5B Callahan St Brice St Martin Luther King Park N Alexander St Jensen St Admiral Ave Avalon Ave j Rogers St McQuay Ave Bacon Ave Lima Ave W 23rd St N Myers St Dade St Morson St Johnson C. Smith University Spencer St Bancroft St 5A Whiting Ave Rush Ave 5A Sylvania Ave Charles Ave income in the 3-mileRose radiusSt is $101,678 Keswick Ave N McDowell St Anderson St Charles Ave Stewart Creek Whitehaven Ave 11B Grimes St Jordan Pl Amtrak-Charlotte N Brevard St Tappan Pl Meadow Ln Bonaire Dr Carol Ave Coxe Ave Credenza Rd Parkway Ave Wesley Ave Armour Dr Hamilton St Academy St 11A Plymouth Ave NORTH CHARLOTTE N Summit Ave E 28th St Clydesdale Ter Martin St Polk St Hobbs St 5B Spratt St Coker Ave State St Mathis Dr Herrin Ave Maury St Clay Ave E 34th St Leigh Ave S Bruns Ave Frazier Ave Chisholm Ct Winston Dr Pryor St e Dunloe St v A Katonah Ave r e Enderly Rd t m Dalton Ave Murdock Rd u N Davidson St Drummond Ave Woodside Ave S E 25th St E 26th St Lunsford Pl Dalehurst Dr Clemson Ave Gesco St Auten St Effingham RdAlice Ave Downs Ave Elkwood Cir W Liddell St Holt St Vanizer St Ambassador St NC Music Factory Blvd E 22nd St Alleghany St Ashby St E 24th St Eastwood Dr Elon St N Tryon St Yadkin Ave Pinckney Ave Ringwood St Berryhill Rd 9th St Pinewood Cemetery Woodvale Pl Duckworth Ave CSX Transportation Latibah Collard Green Museum E 21st St Everett Pl 277 W Liddell St UV27 Wesley Heights Way N Johnson St ¦¨§ Attaberry Dr Erskine Dr Camp Greene Park Cordelia Park Matheson Ave Palm Ave j j Beckwith Pl Granger Ave 4 Catawba Ave Grandin Rd W Trade St N Irwin Ave E 16th St Marlborough Rd N Sycamore St Elmwood Cemetery Shamrock Dr W 4th Ext St Virginia Ave W 4th St W 5th St N Church St 10B N Smith St E 19th St Catawba Ave Hilliard Dr Duncan Ave Royston Rd Air Minnesota Rd S Irwin Ave N Clarkson St W 10th St Maywood Dr li W 11th3B St W 12th St Parkwood Ave e Jay St E Ford Rd St Orton St E 18th St Seigle Ave SEVERSVILLE 10 S Sycamore St Brook Rd N Cedar St W 10th St W 4th Ext St Pegram St Irwin Creek E 17th St Grace St Georgia Ave Cheryl St W 9th St Stratford Ave Simpson Dr Umstead St Parson St t N Caldwell St Clark St S W 2nd St h W 7th St Florida Ave t Frazier Park Beacon St Stoneybrook RdCountry Club Dr e Lela Ave b i E 16th St Anne St d W 11th St L j W 6th St N McDowellE 19th St St E 20th St Union St 3A Lola Ave R W 10th St Barry St Marguerite Ave Waterwalk Ln e Litaker Ave N Pine St Jeff St g Fort St a l t l Allen St i N Alexander St Thrift Rd W 8th St S Westbrook Dr V Victoria Ave n Ventosa Dr y Hurston Cir Woodruff Pl e e v l W 9th St Daniel St a s Mecklenburg Ave Belfast Dr h e N Brevard St Fort St Grandin Rd n W Dickens Ave W 4th St y Greenleaf Ave Charlotte 3B Alpha Mill Ln E 15th St L Heywood Ave Ashley Rd E 12th St Mimosa Ave Walnut Ave Harrill St S Clarkson St N Poplar St Umstead St W 7th St Parson St Cochran Pl N Tryon St Wilhelmina Ave Country Club Ln Columbus Cir 10A E 16th St Mimosa Ave Norcross Pl S Cedar St N Pine St E 17th St S Summit Ave W 1st St Dublin Rd Garibaldi Ave W 5th St N Alexander St E 9th St W 6th StDiscovery Place Calvert St Kennon St N Myers St Cartwright Pl £¤29 S Mint St N Brevard St Highland St Alyssa Ln E 11th St RESTAURANT Columbus Cir E 15th St Meredith Ave Marlowe Ave Millerton Ave S Poplar St Levine Museum of the New South Lumina Ave N Caldwell St Lynx-7th Street Station Seigle Ave Belle Terre Ave Charlotte Country Club Fleetwood Dr 9C-A N Tryon St Van Every St Freedom Dr Belmont Ave Belvedere Ave Bryant Park S Church St Weyland Ave Bryant Pl Post St j W 3rd St Thurmond Pl W Martin Luther King Jr Blvd E 8th St Chambwood Dr Usufruct Ave Morton St 77 E 5th St ¦¨§ N College St E 6th St GardenN DistrictAlexanderE 10th Dr St St Chatham Ave Bank of
Load more

Recommended publications
  • Northeast Corridor Light Rail Project – Draft EIS LYNX Blue Line Extension TABLE of CONTENTS
    Northeast Corridor Light Rail Project – Draft EIS LYNX Blue Line Extension TABLE OF CONTENTS ABSTRACT CHAPTER ES.0 EXECUTIVE SUMMARY ES.1 Project Study Area...................................................................................................... ES-1 ES.2 Purpose and Need for Action ..................................................................................... ES-1 ES.3 Alternatives Considered ............................................................................................. ES-2 ES.4 Summary of Transportation Impacts ......................................................................... ES-4 ES.5 Summary of Environmental Consequences .............................................................. ES-5 ES.6 Mitigation Summary ................................................................................................... ES-7 ES.7 Financial Analysis and Investment Impacts ............................................................. ES-21 ES.8 Evaluation of Alternatives ........................................................................................ ES-21 ES.9 Public and Agency Coordination.............................................................................. ES-23 ES.10 Next Steps ............................................................................................................... ES-23 CHAPTER 1.0 PURPOSE AND NEED 1.1 Introduction .................................................................................................................... 1-1 1.2 Corridor Description......................................................................................................
    [Show full text]
  • FY 2016 Small Starts Land Use and Economic Development Report
    CityLYNX Gold Line Phase 2 FY 2016 Small Starts Land Use and Economic Development Report September 2014 Phase Two Small Starts Project Map Cemetery St Patt on Av Geraldine W 28th St W 27th St 77 Powe alina Av Frenc Tr ¦¨§ O Dr Cat W h St Fon aklawn Av 26th t S I-77 Hy ana Av W 25th St ! ndrill t St St Mill Rd A f t French Street t S S cro s W 24th S E 26th St n S n b o p b t rin Ba o d r g St u H R B t d r le Av St W 23rd St o Polk St Keswick Av !F s Johnson C. Smith University e i t Ca Sylvania t a a R nto Statesvil N Graham e t 1 St n Pl Plymo B 1 Av Martin St it x S ton uth Av E pratt St 7 Polk S 7 I- Bruns Avenue S Hamil ! a R W Brookshire Fr Dunloe St c 0 St 1 Dalton Av it x t E W Liddell 7 Frazier Av I-7 S N Brevard St E 2 Ashby S 2 ! Wesley Heights Way nd St Johnson St E 21st St a R W 12th b W E 16th St rkwoo 0 10th Pa d 1 A v t St i Irwin Avenue S x th St ! t t E mi S W 7 9th St 7 N Elm St - I Johnson & Wales owell S S W 4th St ! W 5th St W 7th St Ext W E on St 1 6 8 t hurch St ds t N Mcd Greenleaf A h C vi h S N Poplar StN a S t D t E 13th S N Av Charlotte Gateway Station E 11th St E 12th St E 15th ! N I-77 Hy W 1st S v ! t Seigle S t S Cedar St ine St St t P t N e S W 4th St Mint Street lleg E 9th St m ! W Hill St a W Trade St Co ! h N ll St ra e Harrill St Allen St G N Tryon St w S E Cald Belmont Av1 N 5 ! W 3rd St E N Alexander St th Tyron Street 7th St E Van S ! ! 8th St E 10th St t son St W Every St M E Tr E 9th o E S Clark r St 5t e ade St h h S S 277 e Av t § e ¨¦ t a hurch ! W C d S C Otts St Louis ar S E 4th St CTC/Arena
    [Show full text]
  • Land Use and Economic Development Analysis October 2011
    North Corridor Commuter Rail Project Land Use and Economic Development Analysis October 2011 Charlotte Area Transit System 600 East Fourth Street, Charlotte, NC 28202 Charlotte Area Transit System North Corridor Commuter Rail Project LYNX RED LINE Charlotte Area Transit System North Corridor Commuter Rail Project LYNX RED LINE Land Use and Economic Development Analysis This report is prepared by the Charlotte Area Transit System and Planning Staffs of the City of Charlotte and the Towns of Cornelius, Davidson, Huntersville and Mooresville. The information is structured according to guidelines of the Federal Transit New Starts Program, in the event the North Corridor Com- muter Rail Project becomes eligible for competition in that program. October 2011 Contents Section I: Existing Land Use ........................................................................................................... 1 Existing Station Area Development ............................................................................................ 1 1. Corridor and Station Area Population, Housing Units and Employment .......................... 1 Table I-1: Population Growth of Municipalities Represented in North Corridor ........... 3 Table I-2: Station Area Summary Data ............................................................................ 3 2. Listing and Description of High Trip Generators .............................................................. 4 3. Other Major Trip Generators in Station Areas ..................................................................
    [Show full text]
  • Citylynx Gold Line Phase 2 Streetcar, Charlotte, North Carolina
    CityLYNX Gold Line Phase 2 Streetcar Charlotte, North Carolina Small Starts Project Development (Rating Assigned November 2014) Summary Description Proposed Project: Streetcar 2.5 Miles, 11 Stations Total Capital Cost ($YOE): $150.00 Million Section 5309 Small Starts Share ($YOE): $74.99 Million (50.0%) Annual Operating Cost (opening year 2019): $4.95 Million 4,100 Daily Linked Trips Current Year Ridership Forecast (2014): 1,288,100 Annual Linked Trips 5,700 Daily Linked Trips Horizon Year Ridership Forecast (2034): 1,766,000 Annual Linked Trips Overall Project Rating: Medium-High Project Justification Rating: Medium Local Financial Commitment Rating: High Project Description: The Charlotte Area Transit System (CATS) proposes to extend the CityLYNX Gold Line Phase 1 project, currently under construction, on both ends for a total of 2.5 miles. It extends approximately 2.0 miles west from the Charlotte Transportation Center to the campus of Johnson C. Smith University and 0.5 miles east from the Novant Health Presbyterian Medical Center to the Sunnyside neighborhood. The proposed project includes 11 stations, right-of-way acquisition, the purchase of seven vehicles, and the modification of six stops on the Phase 1 project. Project Purpose: The project would improve circulation and transit connections; support economic revitalization; provide access from economically diverse neighborhoods to Uptown Charlotte; provide more efficient transit options; and connect key activity centers and facilities. Project Development History, Status and Next Steps: In November 2006, CATS selected streetcar as the locally preferred alternative (LPA). CATS completed the environmental review process with receipt of a Finding of No Significant Impact in June 2011.
    [Show full text]
  • Northeast Corridor Light Rail Project – Final EIS LYNX Blue Line Extension 3.0 TRANSPORTATION
    Northeast Corridor Light Rail Project – Final EIS LYNX Blue Line Extension 3.0 TRANSPORTATION This chapter describes the existing transportation services and facilities within the study area for the proposed LYNX Blue Line Extension Northeast Corridor Light Rail Project (LYNX BLE), outlines the programmed and planned improvements, and assesses future travel growth and its impact on the corridor. The transportation and traffic impacts of alternatives that were evaluated are summarized. 3.1 Changes to this Chapter since the Draft EIS This chapter has been revised to reflect the identification of the Light Rail Alternative as the Preferred Alternative for the LYNX Blue Line Extension Northeast Corridor Light Rail Project (LYNX BLE). Additionally, since the Draft Environmental Impact Statement (EIS), design of the LYNX BLE has been refined as described in Chapter 2.0: Alternatives Considered. The forecast year used for the project’s transit ridership projections and regional transportation evaluation measures has been changed from 2030 to 2035, consistent with the region’s Long Range Transportation Plan. The forecast year used for the project’s traffic analysis continues to be 2030. These refinements are included in this chapter and reflected in the analysis of potential impacts of the proposed project. 3.2 Affected Environment Affected Environment describes the existing (2008/2009) and projected (2030/2035) transportation conditions in the Northeast Corridor, without implementation of a major transit investment. These transportation conditions are described in terms of travel patterns, public transit service, street and highway facilities, freight and passenger rail service and bike and pedestrian facilities. 3.2.1 Travel Patterns Travel patterns refer to the number and type of trips made between different portions of the region as a result of the distribution of population and employment.
    [Show full text]
  • Northeast Corridor Light Rail Project – Final EIS LYNX Blue Line Extension 2.0 ALTERNATIVES CONSIDERED
    Northeast Corridor Light Rail Project – Final EIS LYNX Blue Line Extension 2.0 ALTERNATIVES CONSIDERED This chapter focuses on the development and evaluation of alternatives considered for a transportation investment in the Northeast Corridor; the definition of the alternatives assessed in the Draft Environmental Impact Statement (EIS) (August 2010) and carried forward in this Final EIS; and the capital and operating costs of the Preferred Alternative. 2.1 Changes to this Chapter since the Draft EIS The following sections have been added since the Draft EIS (August 2010) to describe new details about the proposed project and to identify the selection of the Preferred Alternative evaluated in this Final EIS: Section 2.2.7 Alternatives Considered in the Draft EIS Section 2.2.8 Scope Reduction Section 2.2.9 Selection of the Preferred Alternative Since the Draft EIS, design of the LYNX BLE has been refined and is described in this chapter. Information has also been added to address comments on the Draft EIS (August 2010) and agency coordination, particularly relative to selection of the Preferred Alternative. Capital costs and operating and maintenance costs have also been updated based on recent project changes. 2.2 Screening, Selection and Refinement Process In 1994, the Charlotte-Mecklenburg Planning Commission adopted the Centers and Corridors Concept Plan, a vision to modify the region’s existing growth patterns by concentrating development and redevelopment in five radial corridors extending from Center City Charlotte out to the Mecklenburg County line: South, North, Northeast, Southeast and West Corridors. The overall goal was to make the best use of existing and future infrastructure investments by focusing growth.
    [Show full text]
  • Woodlawn Plan WO3 Adopted.Indd
    Uptown South End New Bern Scaleybark Woodlawn Woodlawn Tyvola Transit Station Area Plan ADOPTED BY CHARLOTTE CITY COUNCIL OCTOBER 27, 2008 Archdale Arrowood Sharon Road West 2009 I-485/South Boulevard NORTH CAROLINA MARVIN COLLINS OUTSTANDING PLANNING AWARD south corridor station area plans SPECIAL THEME CATEGORY Sustainable Community Planning Table of Contents Executive Summary iii Volume I: Concept Plan 1 Study Area Context 3 Planning Process 3 Plan Boundaries 3 Opportunities and Constraints 4 Vision 6 Goals 6 Land Use and Community Design 9 Transit Station Area 9 General Corridor Areas 11 Wedge Neighborhood Areas 13 Transportation and Streetscape 14 Transportation/Street Design Recommendations 14 Streetscape Standards 19 Street Cross-sections 19 Avenue - Four Lane Divided 19 Avenue - Two Lane Undivided 21 Office/Commercial Street - Wide 22 Local Residential Street - Wide 23 Rail Frontage / Multi-use Trail 24 Infrastructure and Public Facilities 25 Public Facility/Infrastructure Recommendations 25 Park and Greenway Recommendations 25 Environment 26 Environmental Recommendations 26 Volume 2: Implementation Plan 27 Public Sector Responsibilities 29 Private Sector Responsibilities 29 Corrective Rezonings 29 Implementation Strategies 30 Woodlawn Transit Station Area Plan i Appendix 33 Existing Conditions 35 Demographics 35 Environment 36 Land Use and Urban Design 37 Transportation 46 Infrastructure /Public Facilities 53 List of Maps Map 1: Study Area within Corridor Context 2 Map 2: Concept Plan 7 Map 3: Recommended Future Land Use 8 Map 4: Transportation Recommendations 17 Map 5: Streetscape Cross Section Key 18 Map 6: Corrective Rezonings 28 Woodlawn Transit Station Area Plan ii iii Executive Summary Purpose Vision The Woodlawn Transit Station is the tenth station The desired future for the study area is highlighted in heading south from Center City along the South the following vision statement: Corridor Light Rail Transit (LRT) line, also known as the LYNX Blue Line.
    [Show full text]
  • Charlotte Streetcar Study 4 13 09
    Charlotte Streetcar Economic Development Study Prepared for: City of Charlotte Prepared by: Bay Area Economics (BAE) Warren & Associates Integra Realty Resources April 2009 Executive Summary Overview and Study Approach This Study presents an economic evaluation of the proposed Charlotte Streetcar, which would run on an approximately 10 mile corridor along Beatties Ford Road from Interstate-85 through Downtown and out along Elizabeth Avenue and Central Avenue to Eastland Mall. The central question addressed by this Study is how much funding could be anticipated from property-value based mechanisms, and what does this amount of potential funding mean for the feasibility of the proposed Charlotte Streetcar. The Study was prepared by BAE, a national urban economics and development advisory firm with expertise in transit-oriented development, in collaboration with Charlotte-based real estate firms Warren & Associates and Integra Realty Resources. The proposed Charlotte Streetcar would be an addition to existing City plans and proposals for multiple new rapid transit lines, including the Northeast Corridor Blue Line extension, North Corridor Purple Line commuter rail, Southeast Corridor Silver Line, and West Corridor. Different types of transit are being evaluated for use on the various corridors, including light rail, heavy commuter rail, bus rapid transit, and streetcar (the latter for the West Corridor). The Study involved identification of the lessons learned from other streetcar systems, thorough evaluation of local Charlotte markets and the proposed corridor, and preparation of detailed projections of potential property-value based funding. An academic literature review of streetcar systems (and related light rail) was conducted, along with qualitative and quantitative case study assessments of streetcar systems in other cities, and analysis of the impact of LYNX Blue Line on property values.
    [Show full text]
  • Lessons Learned: LYNX Blue Line Extension Light Rail Transit Project
    Lessons Learned: LYNX Blue Line Extension Light Rail Transit Project Kelly R. Goforth Charlotte Area Transit System Deputy Project Director, LYNX Blue Line Extension Charlotte, NC Presentation Outline • Regional Context • Project Overview • Successes, Challenges and Lessons Learned o Design Opportunities o Stakeholder Coordination o Budget and Contingency Management Lessons Learned Success Challenge Growth Framework Centers, Corridors and Wedges Transit Plan Goals • ½ cent Sales Tax approved in 1998 by Mecklenburg County voters • Transit Plan adopted by the Metropolitan Transit Commission in 2002 and updated approximately every 4 years • Integrates rapid transit and mixed-used development along 5 transportation corridors • Provides more transportation choices to meet mobility needs • Supports sustainable growth for region 2030 Transit System Plan • LYNX Blue Line Light Rail (2007) 2025 Integrated Transit • LYNX Blue LineLand Extension Use Light Plan Rail (Opened March 2018) • CityLYNX Gold Line Streetcar • Phase 1 (Opened 2016) • Phase 2 (under Construction) • LYNX Red Line / North Corridor BRT • LYNX Silver Line Light Rail LYNX Blue Line • Opened November 24, 2007 • Uptown Charlotte to I-485 at South Boulevard - 9.6 miles • 15 stations (7 park & rides) • Operates seven days a week from 5:00 a.m. to 1:00 a.m. • Service frequency • Rush hour: 10 minutes • Non-rush hour: 15-20 min. • Ridership exceeded projections LYNX Blue Line Extension • 9.3 miles, 11 stations • 4 park and ride facilities • Accommodates 3-car trains • Increase in LRV
    [Show full text]
  • TRANSIT VISION Over the Past Decade, Charlotte Has Become One of the Fastest Growing Areas in the United States Expanding to Over 1.8 Million People
    Charlotte Area Transit System TRANSIT VISION Over the past decade, Charlotte has become one of the fastest growing areas in the United States expanding to over 1.8 million people. The next 25 years will continue to bring growth to our region which is projected to expand by an additional 1 million people. Fueling this population growth is the Charlotte region’s economic engine; a catalyst for business and one that competes in a global market. With growth come problems of increased congestion, poor air quality and lost efficiencies due to longer commute times. A critical element in our region’s ability to remain competitive is the free flow of goods and materials to support local, regional and global businesses, and the ability of people to have easy access to higher learning, excellent health care and entertainment venues. Providing increased mobility options for our residents, businesses and employees through a balanced transportation network of roads, sidewalks, bike lanes and public transportation is needed to provide alternatives and solutions to improve air quality, alleviate traffic congestion and improve the overall quality of life in the Charlotte region. The transit and land-use vision initiated in 1998 was designed specifically to address these issues. Since 1998 significant investments and progress has been achieved in addressing these mobility needs. These investments have increased access and mobility options for many neighborhoods through the expansion of the bus service, enhancing customer amenities at stops, creating pedestrian-friendly neighborhoods in close proximity to light rail stations, and revitalized the Historic South End District. But there is more to accomplish, and CATS is committed to advancing the shared vision approved by the voters in 1998 and reaffirmed in 2007 by 70% of Mecklenburg County citizens.
    [Show full text]
  • 2001 South Tryon Street | Charlotte, Nc 28203 Property Details
    2001 SOUTH TRYON STREET | CHARLOTTE, NC 28203 PROPERTY DETAILS • 4,500 - 30,000 SF of office space available in Three30Five, a new development with retail and office which delivered in May of 2020 Friendly Pl • Glass, steel & brick facade with full glass window line and 10’ finished ceilings, 14’ floor Beatties Ford Rd PINOCA Tipton Dr Brookway Dr Starita Rd Munsee St Pine Grove Cir Amble Dr Winchester St Ironwood St Crestdale Dr W Craighead Rd Manley St Kendall Dr Cushman St Yuma St N Dakota St Squirrel Hill Rd Snow White Ln r D n Black Ave Tennessee Ave Woodpark Blvd o Gilbert St t Abelwood Rd Rutgers Ave Argyle Dr W r JT Williams Jr Hi Dr e g to floor Jessie St d d Hartley St R E d o r N Hoskins Rd Holly St Hidden Valley Rd o D w Birkdale Dr n e Porter St Ameron Dr r d i o s 13A h Ludlow Dr Gondola Ave e Sutton Dr T r i Knollcrest Dr N Cloudman St F Carmine St Toal St Odessa Ave Ridgeley Dr Hillcrest St d English Dr R Williamson St N Hoskins Rd Julia Ave Cinderella Rd Woodman Ave y Dr Webber Ave l en Dr r e Morgan St N Crigler St av Marvin Smith Rd Alma Ct h Dr Webber Ave t h S Ramsey St r o Sofley Rd Alabama Ave Service St Sampson St 36 Newland Rd N Nort Candystick Ln Thera Dr N Linwood Ave • 14,384 RSF on 2nd floor & 14,329 RSF on 3rd floor, divisble to 4,500 WildwoodRSF Ave 12 Ingle St S Cloudman St d Kennesaw Dr R Irma St Southwest Blvd Augusta St Burbank Dr Rozzelles Ferry Rd Whittington St k Senior Dr Kentbrook Dr e Wellingford St S Hoskins Rd e Upper Asbury Ave Hondures Dr r Custer St C Tennessee Ave HOSKINS Catherine Simmons
    [Show full text]
  • 800 N. Tryon St
    800 N. TRYON ST. CHARLOTTE, NORTH CAROLINA 28206 AVAILABLE LAND FOR SALE PROPERTY OVERVIEW 800 N. TRYON STREET Incredible land for sale in uptown Charlotte zoned UMUD. Located at the corner of 11th and North Tryon Street in desirable uptown Charlotte. Clean environmental report, geotechnical survey allows north of a 40-story building. Preliminary work done regarding a parking deck, information is available upon request. PROPERTY DETAILS Address 800 North Tryon Street | Charlotte, NC 28206 Available AC +/- 0.447 Acres Available for Sale Available SF +/- 19,741 SF Zoning UMUD Parking Preliminary work done regarding parking deck N. Tryon St. | 9,100 VPD, I-277 | 121,000 VPD Traffic Counts 11th Street | 7,500 VPD Sale Price Call for Details Less than one block away from 9th Street Station on Additional Notes the Lynx Blue Line Lightrail Extension DEMOGRAPHICS RADIUS 1 MILE 3 MILE 5 MILE 2019 Population 19,263 113,708 262,604 Avg. Household Income $92,580 $85,075 $76,892 Households 8,984 51,118 108,468 CONCEPTUAL SITE PLAN ATTENTION: THE SITE PLAN ILLUSTRATED WAS CREATED WITHOUT THE OFFICIAL SURVEY INFORMATION. THEREFORE, THE INFORMATION AND SHOWN MAY BE SUBJECT TO CHANGE AND SHOULD BE CONSIDERED AS PRELIMINARY IN NATURE. Charlotte, North Carolina 09.18.18 Revised 03.05.19 p | f arch Proj # 1886 CONCEPTUAL RENDERING ATTENTION: THE SITE PLAN ILLUSTRATED WAS CREATED WITHOUT THE OFFICIAL SURVEY INFORMATION. THEREFORE, THE INFORMATION AND SHOWN MAY BE SUBJECT TO CHANGE AND SHOULD BE CONSIDERED AS PRELIMINARY IN NATURE. 26 spaces Charlotte, North Carolina 09.18.18 revised 03.05.19 p | f arch Proj # 1886 CONCEPTUAL RENDERING ATTENTION: THE SITE PLAN ILLUSTRATED WAS CREATED WITHOUT THE OFFICIAL SURVEY INFORMATION.
    [Show full text]