Mallard Creek Church Rd & Hwy 29 N Tryon St & E Mallard Creek Church Rd

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1 100' Outparcel for Sale Mallard Creek Church Rd & Hwy N 1 million SF of office space approved (to be developed by Lincoln Harris) (ADT,000) (ADT 30,000) EAST CHURCH ROAD Kirk Farm Park U.S. HIGHWAY (A.K.A. NORTH TRYON STREET) E Mallard Creek Church Rd N Tryon St Mallard Creek Greenway Outparcel Available For Sale 3.3 Acre Parcel For Sale SE Corner of Highway & Mallard Creek Church Rd Zoned B1 (CD) In the heart of University City, minutes from UNCC, Charlotte Motor Speedway, & University Research Park 4 Pricing Sale Price: $2,300,000 Demographics 1 mile 3 mile 5 mile 2016 Population 9,914 33,137 96, Growth Rate 2.46% 2.22% 2.21% 2016 Avg. HH Income $48,598 $67,931 $73,511 Traffic Count ADT N Tryon St 30,000 E Mallard Creek Church Rd,000 Contact Keely Hines khines@mpvre.com

2 Mallard Creek Church Rd - Outparcel North Tryon and Mallard Creek Black Diamond Group Schematic Site Plan 0 Site Plan E. Mallard Creek Church Rd RI/RO Access 1" = 30' SCALE: Project No. Issued ' 30' 60' 3.3 AC Parcel outlined in red RI/RO Access US Hwy / N. Tryon St. 2

3 Market Aerial Mallard Creek Church Rd - Outparcel Phillips Mallard Creek Landmark at Greenbrooke Commons Ashley Court Shoppes at University Place Highlands at Alexander Pointe N Berkeley Place Hunt Club Apartments St Landings at Greenbrooke Tr yo n Light Rail Stop Thornberry 1 mil SF of Office Space Kirk Field Park EM all ard Glenwater at University Place Monaco Ashford Green Terraces at Gardens University Place Cr e ek Mallard Ch Creek ur Apartments c Mallard Greenh Alexander Apartments Townhomes Rd Greek Village Walden Court UNC Charlotte-Main The Edge I The Edge II JW Clay Blvd / UNC Charlotte University Terrace Condominium 24 University Center Apartments EW rs ive n U ity yb Cit lvd Old Con cord Rd lv d B rris T Ha Heather Ridge Ikea Blvd / Belgate Center Colonial Village 24 at Chancellor Park The Piedmont at Ivy Meadow Barrington Place 3

4 Market Aerial Mallard Creek Church Rd - Outparcel 4 Shoppes at University Place 4 EM al l a rd C ree kc ch hu r Rd Ikea Blvd / Belgate Center 4

5 100' Mallard Creek Greenway Mallard Creek Church Rd - Outparcel N (ADT,000) (ADT 30,000) EAST CHURCH ROAD Kirk Farm Park U.S. HIGHWAY (A.K.A. NORTH TRYON STREET) N Tryon St Mallard Creek Greenway E Mallard Creek Church Rd How do we develop greenways without spurring gentrification in Charlotte? By Ely Portillo, June 14, 2017 As Charlotte looks to grow its greenway system, especially through economically distressed areas north of uptown, the benefits are clear: Higher property values, more access to transportation alternatives and exercise, an incentive for developers to build. The $35 million Cross Charlotte Trail is expected to open over the next decade, running from Pineville through uptown and north to Cabarrus County, and its final budget is expected to be higher. It s the city s most ambitious greenway project under development, meant to span 26 miles and connect existing greenways, including Little Sugar Creek, Toby Creek and Mallard Creek. If you want to see how a greenway can transform an area, look at the Little Sugar Creek Greenway near uptown. That s where Mecklenburg County uncapped a paved-over creek and built a walking and biking trail, helping to spur developments such as the Target, Trader Joe s and condominium-anchored Metropolitan. People will pay a premium to live along these corridors, [Beth Poovey of LandDesign] said, noting that conservative estimates put rent and commercial prices 5 to 15 percent higher in such areas. There s a corresponding increase in for-sale prices as well. That generates more property taxes and can revitalize a blighted area. But the city is walking a tightrope as it tries to deal with Charlotte s affordable housing shortage while also spurring development in places like the neighborhoods north of uptown. Original Article: 5

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