Key Opportunity Zones in Charlotte
The Eastland Area Plan established a vision for the former Eastland Mall site and the surrounding area. The plan is 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
The North End and North Tryon Opportunity Zone connects uptown Charlotte to the University of North Carolina at Charlotte, and is bounded by Statesville Avenue, North Tryon Street, Interstate85 and Sugar Creek Road. It includes established neighborhoods such as Druid Hills, Lockwood, Sugar Creek and Tryon Hills, and major developments such as the North End Smart District and Camp North End.
The area's proximity to the Charlotte Area Transit System's LYNX Blue Line also creates transit-oriented development opportunities along North Tryon Street. There are multiple infrastructure and transportation initiatives underway in the area, including the Cross Charlotte Trail, the
Applied Innovation Corridor and the
Northeast Corridor Infrastructure Program. These projects represent $173 million in public investment.
Wilkinson Boulevard, Charlotte Douglas International Airport and LYNX Silver Line
The Charlotte Douglas International Airport is a major economic engine contributing $23 billion in annual economic output, $1.1 billion in state and local taxes, and 132,330 jobs for North Carolina residents. With major development planned for the area surrounding the airport's entrance on Wilkinson Boulevard, and the future LYNX Silver Line, this Opportunity Zone is set to transform with opportunities for community-driven investment in aviation, logistics, retail, hospitality and offices.
Freedom Drive is a major transportation corridor from Uptown to Interstate85. The area has seen an increase in commercial redevelopment activity, and investment in its established neighborhoods, such as Wesley Heights, Bryant Park, Enderly Park and Ashley Park. Current infrastructure investments underway in this area include Ashley Road sidewalks and the Tuckaseegee Road, Berryhill Road and Thrift Road roundabout.
West Trade Street and Beatties Ford
West Trade Street and Beatties Ford Road is a historic corridor that includes several established communities, educational 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 phase2 of the
CityLYNX Gold Line, — a $150 million streetcar investment — complete. The
West Trade/Rozzelles Ferry Comprehensive Neighborhood Investment Program (CNIP) project will also bring $20 million 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 West Trade Street and Beatties Ford Road. The area has seen recent investment in office, neighborhood-serving retail, streetscape and greenways. As part of the West Trade/Rozzelles Ferry CNIP, Rozzelles Ferry Road will provide a pedestrian-friendly streetscape and a safe connection to the CityLYNX Gold Line station.