Duke Uptown Redevelopment Portfolio
Charlotte, NC, US
Jones Lang LaSalle., a North Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for 401 S College Street & 526 S Church Street, ±2.30 acres and 3.68 acres. These two properties represent one of the most exclusive redevelopment opportunities in the Southeast today, with UMUD zoning entitlements in place that can accommodate Charlotte’s highest density. This is an incredible opportunity that represent both a full city block and half block within major employment corridors of Charlotte. With high barriers to entry in both locations, the potential for mixed use development and proximity to walkable amenities, light rail and job centers offer an extremely rare opportunity for entry into Charlotte’s CBD.
526 S CHURCH STREET is located along the Stonewall Street Corridor which has seen $2.7B of development over the last five years including Honeywell’s HQ, Bank of America’s Tower, and Ally Charlotte Center. Positioned on the south side of Uptown with excellent access to I-277, the Lynx Blue line light rail (2.5 blocks away) and a 5-minute walk to South End, the property is an extremely rare opportunity for a dense mixed-use development.
401 S COLLEGE STREET is located next to the Charlotte Convention Center (600,000 SF) which is currently undergoing a $127M expansion and renovations. Being just a half block away from the 3rd Street Light Rail station provides incredible connectivity and visibility. The site is well-positioned for residential, office, hotel and retail development in a luxurious, thriving submarket known for long term sustainability and excellent access to employers.