BEREWICK TOWN CENTER CHARLOTTE, NORTH CAROLINA A DEVELOPMENT BY PAPPAS PROPERTIES

Transcription

1 BEREWICK TOWN CENTER CHARLOTTE, NORTH CAROLINA A DEVELOPMENT BY PAPPAS PROPERTIES

2 BEREWICK TOWN CENTER STEELE CREEK ROAD, CHARLOTTE, NC Berewick District Park Berewick Elementary School APARTMENTS DIXIE RIVER RD SHOPTON RD W DEVELOPMENT 2 BEREWICK TOWN CENTER

3 Southwest Charlotte s population has exploded in the past 15 years. With the completion of I-485 and rising housing costs around Uptown Charlotte, the area has become Charlotte s fastest growing submarket. Not just popular for residential developments, the area has become a magnet for high-tech companies and national headquarters. Situated in the center of Southwest Charlotte is Berewick, a 1,200+ acre multi-use master planned community that will include retail, office, hotel and residential. Located on Steele Creek Road at Interstate 485 adjacent to Charlotte Premium Outlets, Southwest Charlotte s fastest growing community offers convenient access to I-77 and I-485 with a ramp to I-485 directly across the street. A five-minute drive connects Berewick to 150 destinations via Charlotte Douglas International Airport. BEREWICK TOWN CENTER Berewick Town Center, Berewick s retail and office development, is currently under construction. The center is anchored by a 53,000 SF Harris Teeter expected to open in November 2016 and features more than 24,000 SF of restaurants, service and retail. Berewick Town Center also includes a now-open Walgreen s and a Hampton Inn & Suites. DEMOGRAPHICS 1 MILE 3 MILES 5 MILES 2000 CENSUS POPULATION 1,188 15,055 40, POPULATION 5,569 33,887 78, PROJ. POPULATION 6,039 36,846 85,767 PROJ. POP. GROWTH RATE ( ) 1.7% 1.7% 1.9% MEDIAN AGE HOUSEHOLDS 1,936 12,932 30, PROJ. HOUSEHOLDS 2,102 14,085 32,975 PROJ. HH GROWTH RATE ( ) 1.7% 1.8% 1.9% AVERAGE HH INCOME $95,249 $81,163 $71,292 MEDIAN HH INCOME $83,496 $69,376 $60,102 MEDIAN HOME VALUE $229,913 $178,676 $174,776 DAYTIME EMPLOYEES 1,232 24,175 74,724 BEREWICK DEMOGRAPHICS AVG. HOME CLOSE PRICE $312,000 AVG. HOUSEHOLD INCOME $92,000 TRAFFIC COUNTS STEELE CREEK ROAD INTERSTATE 485 SHOPTON ROAD W 25,500 VPD 77,000 VPD 12,200 VPD FOUNDRY COMMERCIAL 3

4 MASTER PLAN BEREWICK TOWN CENTER 4 BEREWICK TOWN CENTER

5 BEREWICK TOWN CENTER 53,000 SF HARRIS TEETER & A NOW-OPEN WALGREEN S 24,000 SF RETAIL SHOPS HAMPTON INN & SUITES FUTURE OFFICE PROFESSIONAL & MEDICAL SPACE FOUNDRY COMMERCIAL 5

6 A-4 A-5 A-6 A-7 A-8 A-9 A-1 A-1 SITE PLAN BEREWICK TOWN CENTER B-1 B-1 B-2 B-3 B-4 B-5 B-6 A-2 A-3 6 BEREWICK TOWN CENTER

7 PARK RD BUILDING A SUITE TENANT SF A-1 NEGOTIATING 2,723 A-2 NEGOTIATING 1,080 A-3 NEGOTIATING 1,182 A-4 AVAILABLE 1, CBD 29 A-5 NEGOTIATING 1,216 A-6 NEGOTIATING 1,182 A-7 AVAILABLE 1,200 A-8 AVAILABLE 1,105 CHARLOTTE DOUGLAS INTERNATIONAL AIRPORT WEST BLVD A-9 AVAILABLE 1,197 BUILDING B SUITE TENANT SF B-1 NEGOTIATING 2,386 B-2 PASSION NAIL BAR 3,286 B-3 AVAILABLE 1,556 L AKE WY LIE 485 Y S TRYON ST SOUTH BLVD TY VOLA RD FAIRVIEW RD B-4 GREAT CLIPS 1,055 B-5 JERSEY MIKE S SUBS 1,688 B-6 AVAILABLE 2,560 LEASED AVAILABLE NEGOTIATING 77 GOVERNOR J AMES G AUGUST 17, 2016 FOUNDRY COMMERCIAL 7

8 SURROUNDING BUSINESS AND RETAIL BEREWICK TOWN CENTER 85 EMPLOYER SITE EMPLOYEES HIGHWAY 74 1 TIME WARNER CABLE 3,140 2 COMPASS GROUP 2, SIEMENS ENERGY 1, STEELE CREEK ROAD 485 INTERSTATE S. TRYON STREET / HIGHWAY ARROWO OD ROAD 77 SOUTH BOULEVARD MICROSOFT 1,100 TJX COMPANIES 950 FRITO-LAY 600 CELGARD 400 JACOBSEN 400 MAERSK 375 CPI SECURITY 500 PHYSICIANS CHOICE INTERSTATE BELK 2,800 AMERICAN AIRLINES 10,600 UTC AEROSPACE SYSTEMS NOTE: THIS LIST IS A PORTION OF THE AREA S LARGEST EMPLYERS AND IS NOT A COMPREENSIVE LIST OF ALL EMPLOYERS IN SOUTHWEST CHARLOTTE. SOURCE: PAPPAS PROPERTEIS 8 BEREWICK TOWN CENTER

9 SHOPTON ROAD WEST BEREWICK COMMONS PARKWAY Opening 11/16 Closed 3/16 Opening 11/17 BEREWICK APARTMENTS Grading 4/16 Construction 7/16 BEREWICK DEVELOPMENT 1,600+ EXISTING HOMES APARTMENTS 268 Units Delivery 6/16 DIXIE RIVER ROAD BEREWICK ELEMENTARY Opening 11/16 PROPOSED BEREWICK PARK 400,000 SF Opened 8/14 Closing 6/16 Opening 12/16 Closing 5/16 Opening 11/16 DIXIE RIVER ROAD Closed 2/16 Opening 9/16 Retail/Restaurants Opened 1/16 SHOPTON ROAD Mixed-Use Opened 8/14 Opened 8/14 Opened 8/14 Opened 8/15 Apartment Homes Senior Living Office STEELE CREEK ROAD (HWY 160) FOUNDRY COMMERCIAL 9

10 For leasing information, please contact: GWEN GLAESER Vice President/Broker West Trade Street, Suite 2500 Charlotte, NC foundrycommercial.com