Retail Opportunities Available an Elevated Living Experience
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RETAIL OPPORTUNITIES AVAILABLE AN ELEVATED LIVING EXPERIENCE A NEW LEVEL OF RETAIL 500 West Trade is a mixed-use development located in the historic Fourth Ward neighborhood of Uptown Charlotte within 2 blocks of the main thoroughfare. The project consists of a 7-story mid-rise tower and a 15-story high-rise tower totaling 354 luxury apartment units, 8,590 square feet of retail and a 3,600 square foot retail courtyard fronting Trade Street. The property is well positioned in a diverse section of Uptown that benefits from its convenience to urban amenities, a dense office market and a vibrant mix of retail. Center City Charlotte Uptown is a vibrant urban center in the heart of the fifth-fastest-growing city in the nation. The neighborhood blends traditional industry with innovation and creativity. Several Fortune 500 companies including Bank of America, Honeywell, Truist and Duke Energy call Uptown Charlotte home playing a significant part in making the area competitive on a national level for jobs, investment and talent. Uptown, Charlotte’s central business district, is within 15 minutes of Charlotte-Douglas International Airport, the world’s sixth-busiest airport, and at the heart of the region’s transit hub featuring light rail, streetcar and the largest urban bike sharing system in the southeast. EXCEPTIONAL UPTOWN LOCATION Uptown Charlotte is a vibrant and diverse urban area, easily walkable with plentiful diverse amenities. There are nearly 20,000 residents in Uptown alone and with home prices being relatively affordable and the median household income being higher than the national average, Uptown Charlotte is an attractive place for many to live. Within walking distance of 500 West Trade is Truist Field Park where the Charlotte Knights play, a Triple-A Minor Leauge affiliate of the Chicago White Sox. Bank of America Stadium, where the Carolina Panthers play and future home of the Charlotte MLS team, is also within walking distance. Other cultural attractions within one mile of 500 West Trade CONNECTED Steet include The Bechtler Museum of Modern Art, The Mint Museum 500 West Trade benefits from access to ample public transportation, including and the Harvey Gantt Center for African American Arts & Culture. direct access to the planned intermodal transit station, Gateway Station. The 12-acre site will be located across the street from the project offering bus Just west of the site is Bank of America’s mixed-use complex, Gateway service, the Amtrak Rail Line, ride sharing and taxi services. Additionally, the Village, which includes 500 residential units, a public park, shops, CityLYNX Gold Line will have a station at the future Charlotte Gateway District restaurants and one million square feet of office space. Gateway and Multimodal Station. The Gold Line is a 10-mile (37 stop) streetcar system Village is proximate to Johnson & Wales, a liberal arts college of 1,400 that will connect all current and future rapid transit lines making it an integral students with a nationally renowned culinary arts program. part of the 2030 Transit Corridor System Plan. CULTURAL EXPERIENCE 500 West Trade is on the edge of Uptown within walking distance of Johnson & Wales University. JOHNSON & WALES ARTS & CULTURE Based in Providence RI in 1914, Johnson & Wales is a The dominant art museums in the Central Business private liberal arts school which historically has been District including The Mint Museum, The Bechtler known for its culinary arts program. The school of Museum of Modern Art and Harvey Gantt Center for 1400 students offers 21 curriculums and continues African American Arts are located within a six-minute to graduate students into restaurant management, walk of 500 West Trade Street. The Levine Museum ownership and operations. The school has had a lasting of the New South is situated .7 miles northeast of the impact on the restaurant scene in Charlotte since its Site. The Blumenthal Performing Arts Center, built in campus opened in Charlotte in 2004. 1992 has six theaters in its complex. The Belk Theater, which seats over 2100 at full capacity, hosts traveling Broadway play and musical productions, live music performances, The Charlotte Symphony Orchestra and The North Carolina Dance Theater. 03 06 17 30 Spectrum 5th Street Arena 04 18 SITE CityLynx Gold Line Johnson & Wales CityLynx Gold Line (Phase II) University (1,400 students) Trade Street Transportation Close Aerial 29 Center 01 05 01. Future Multimodal Station Location 07 02. Circa Uptown Apartments (243 units) 03. The Vue Apartments (400 units) 04. City View Towers (554 units) 4th Street 05. The Mint Apartments (177 units) 06. Fifth & Poplar Condos (300 units) 19 Lynx Blue Line Line Blue Blue Lynx Lynx College Street 07. Noval Co-working Uptown Church Street S Poplar Street S Tryon Street 08 16 S Brevard Street 08. Ascent Uptown (300 units) S Caldwell Street 09. Element Uptown (352 units) 3rd Street 10 Cataylst Charlotte (462 units) 11. Legacy Union (3 towers) Truist Field 15 33 Floors (841,000 SF); 23 Floors (330,000 SF); 18 Floors (358,000 SF) 02 Romare 12. Duke Energy Center (1,300,000 SF office (8,600 employees) Bearden Park 13. Mint Museum 21 20 N Graham Street Graham N 14. Bechtler Modern Art Street Graham N Martin Luther King Jr Blvd 15. 300 S Tryon (689,000 SF) 16. 230 South Tryon Apartments (107 units) 22 17. Fifth Third Center (692,000 SF office) 18. Bank of America Corporate Center (1,144,000 SF office) Carolina 19. Overstreet Mall 10 Panthers 09 14 20. One Wells Fargo (1,000,000 SF office) Practice HALL OF FAME 21. Two Wells Fargo (789,000 SF office) Field 1st Street Charlotte 22. Three Wells Fargo (930,000 SF office) Convention Center 23. Harvey B. Gantt Center for African American Arts & Culture S Mint Street 13 24. Ally Charlotte Center (742,000 SF office tower, 30,000 SF of retail and JW Marriott Hotel (381 Rooms) 12 25. The Regions Building (370,000 SF office tower) 23 26. The Westin Hotel (700 rooms) Stonewall Street 27. Novel Stonewall Station (460 apartments; Whole Foods; 22,000 SF retail; Home 2 Suites; EVEN Hotels) 28. Uptown 550 (421 apartments; 11,000 SF office; 4,400 SF retail) 26 Bank of 11 29. Epicentre America 24 27 28 30. Truist Tower (965,000 SF office) Stadium 25 Johnson & CityLynx Gold Line Wales FOURTH WARD University Charlotte SITE 1,400 Students (Phase II) 5th St Future Charlotte Gateway Station W TradeCity StView Towers (Multi-Modul Hub) (554 units) THIRD WARD Poplar St Circa Uptown Graham St Charlotte Apartments (243 units) 9th Street City Center Station 7th Street Station Romare Epicentre Bearden Park Charlotte Transit Center CityLynx Gold Line Lynx Blue Line 3rd Street Station to S Church St Convention Center South End HALL OF FAME UPTOWN CHARLOTTE OPTIMIST HALL CENTRAL BUSINESS DISTICT BILLY SUNDAY AIX ROTISSERIE N Davidson St Office Space: 19 Million SF Hotel Rooms: 5,600 SITE to Population: 18,955 FOURTH WARD NODA Avg HH Income: $147,208 Total Area: Two square miles THIRD WARD Trade St Tryon St FIRST Plaza Midwood WARD $110,609 AVERAGE HH INCOME WITHIN THREE MILES SECOND DESIGN CENTER HALL OF FAME WARD Southend 3.9 MILLION SF OF OFFICE ATHERTON MILL Dilworth METROPOLITAN $116,810 AVERAGE HH INCOME WITHIN THREE MILES LUCY BUTLER (704) 626-1776 Real Estate Broker [email protected] 1710 Abbey Place, #100|Charlotte, NC 28209 www.thriftcres.com LUCY BUTLER (704) 626-1776 Real Estate Broker [email protected] 1710 Abbey Place, #100|Charlotte, NC 28209 www.thriftcres.com B e B a t r t 115 B o i UV o S e e k un s G l s s i l h F b 24 h e UV O t b i R o o a r d r n v e a d R Ibm r k d W D e B n d R l a d S Blv v d l d u e g R a Neal Rd d r Peachtree Rd C r e e 49 k UV R UV16 d Mt H ol ¤£29 ly R d d y R M t Holl 16 d UV R N Graham St ck o R ¨¦§85 e l H t d t o i d R L v cor is Con Rd Old r UV27 D d r ¤£29 o f d N Tryon St a r B d M The Plaza e R a e d t E Tuckaseeg R Freedom Dr h a M y e z a SITE s a s il e 277 t l ¨¦§ o o n Pl t Av w n h e e a s h y R A T d D Wilkinson Blvd r Sham ro ck D Charlotte r ¤£29 Cen tral Ave DEMOGRAPHICS (2020) 1 MILE 3 MILE 5 MILE ¨¦§277 N Sharon Amity Rd POPULATION 24,714 122,046 263,494 UV160 ¨¦§77 AVERAGE HH INCOME $136,815 $102,522 $94,475 M o UV27 nr oe MEDIAN HH INCOME $83,877 $76,709 $71,504 R ¤£74 ¤£521 dd West Blvd R r BUSINESS ESTABLISHMENTS 3,225 12,681 20,654 ve do n W e DAYTIME EMPLOYMENT 53,377 144,071 232,069 N d e R v ty ¤£74 A i W m E Woodlawn Rd n n A y ro T R Sha y w a v l nd N o e o l Park Rd a l S ph R E W S Wendover Rd d oodlawn Rd R P R unn S ro d d ym h v d e n i R d e L a d R a S Tryon St r e ol o d yv a R n m r T d n Sharon Ln c a o e R R F R d S s d a P r d on r i o i Park Rd Park v s R at id N e d n 485 c ¨¦§ F e South Blvd a irvi R Park Rd Park e w R dFairview Rd d AMENITY THE RETAIL EXPERIENCE LEASING/ 500 West Trade will include contemporary and modern PARKING DECK retail and restaurant offerings on the ground level RESTAURANT 1 2,045 SF of the property.