Key Opportunity Zones in Charlotte include:
The Eastland Area Planestablished a vision for Eastland Mall and the surrounding area defined by a unique town center, attractive mixed-use corridors and distinct gateways. A new development plan is underway for the mall site which will transform the site into a more vibrant destination that spurs economic activity and acts as a community hub that serves East Charlotte and beyond.
North End and North Tryon
North Tryon connectsUptown Charlotte to the University of North Carolina-Charlotte and includes established neighborhoods such as Druid Hills, Lockwood, Sugar Creek and Tryon Hills. The area bound by Statesville, North Tryon, I-85 and Sugar Creek, also includes major initiatives like the North End Smart District and Camp North End. The area's proximity to the LYNX Blue Linealso creates transit-oriented development opportunities along North Tryon Street. There are multiple infrastructure and transportation initiatives underway in the North Tryon Area including the Cross Charlotte Trail, Applied Innovation Corridor and the Northeast Corridor Infrastructure. These projects represent a total of $173 million in public investment.
Wilkinson/Airport/Future Silver Line
Charlotte Douglas International Airport (CLT) is a major economic engine contributing $23 billion in annual economic output, $1.1 billion in state/local taxes and 132,330 jobs for N.C. residents. With major planned development surrounding CLT's gateway entrance on Wilkinson and the future Charlotte Area Transit System (CATS) Silver Line, this area is set to transform with opportunities for community-driven investment in aviation, logistics, retail, hospitality and office.
Freedom Drive is a major transportation corridor from Uptown to I-85. The area has seen an increase in commercial redevelopment activity, and investment in the established neighborhoods - such as Wesley Heights, Bryant Park, Enderly Park and Ashley Park - that line the corridor. Current infrastructure investmentsunderway in this area include Ashley Rd sidewalks and the Tuckaseegee/Berryhill/Thrift Rd roundabout.
West Trade/Beatties Ford
West Trade/Beatties Ford Road is a historic corridor that includes several established communities, educational anchor institutions such as Johnson C Smith University, Northwest School of the Arts and West Charlotte High School, and prominent cultural and civic assets. The corridor is poised for high growth with the constructionof Phase II of the LYNX Gold Line, a $150m streetcar investment. West Trade/Rozzelles Ferry CNIP will also bring $20m in public investment in new streets, infrastructure and a new plaza at the Five Points intersection.
Rozzelles Ferry is located just northwest of Uptown, close to the West Trade/Beatties Ford Road corridor. The area has seen recent investment in office, neighborhood-serving retail, streetscapeand greenway connections. As part of the West Trade/Rozzelles Ferry CNIP, Rozzelles Ferry Road will be improved to provide a pedestrian-friendly streetscape and a safe connection to the CityLYNX Gold Line station.