Core Mission Vision Priorities Strategic Initiatives By The Numbers
University City By the Numbers
University City is Charlotte s 2 nd largest employment center. Employment has continued to grow with headquarter relocations, expansions and major tenant recruits. Direct access to UNC Charlotte and ideal office environment continue to drive decisions. ORK 73,000 Total 23 employees Fortune 500 companies represented 11 MILLION Office sq ft 3 Headquarter locations 12.8% Office vacancy rate 11 International companies 150 Medical offices and services 4.8 MILLION LEED Certified sq ft
Major Transactions Duke Energy purchased 94 acres in University Research Park announcing plans to build a campus for engineers. Electrolux is expanding their headquarters adding a 375,000 sq ft building and bringing 800+ senior level new jobs to University City. Rack Room Shoes is expanding their headquarter campus adding 73,200 sq. ft. for subsidiary company, Off Broadway Shoes. Wells Fargo is leasing an additional 150,000 sq. ft. office space in University Research Park. Red Ventures opened new offices and announced plans to consolidate Florida offices to University City and Fort Mill. Recently announced major jobs expansion in URP office.
Major Transactions Classic Graphics is expanding through mergers and will keep its major employment center in Innovation Park. AllState relocated within University City to Innovation Park, uniting two office locations. The Charlotte Observer moved operations to University Research Park, taking over the Wall Street Journal printing facilities. Yodle moved their offices to University Research Park. AREVA moved their North American headquarters to University City. AXA Equitable relocated to Innovation Park from Ballantyne.
University City has 13.5% of the of the metro area s retail sq. ft. From international giants like IKEA to small, owner-operated stores, University City is home to 430 retail locations. Retail is supported by workers, students and faculty, residents as well as guests staying in the area s hotels. HOP 430 Retail locations 30 Shopping destinations 130 Restaurants 45+ international 1.7 MILLION annual IKEA shoppers 1 ST in NC tourism Concord Mills 17 MILLION annual Concord Mills shoppers 2,100 Hotel rooms 17 Hotels
University City is one of Charlotte s most attractive neighborhoods for families. A variety of housing options at many price points create opportunities for residents to stay in University City as their housing needs change. IVE 160,000 Area population 29.5 Median Age 45,000 Homes 6TH Largest city in NC by population 6TH Most moved-to neighborhood in nation 1,925 Housing units Delivered in 2014
University City entertains. Whether its catching a performance at UNC Charlotte, watching a NASCAR race at Charlotte Motor Speedway, going to a concert at PNC Pavilion, or taking a stroll on the greenway, University City is the place to experience it all. LAY 100 Performances At UNC Charlotte s Robinson Hall 12 Miles of greenways and trails 10 Acres of botanical gardens at UNC Charlotte 310,000 Fans at UNC Charlotte sporting events 737 Acre Reedy Creek Nature Preserve 3 Greenways forming largest stretch of Carolina Thread Trail
UNC Charlotte is the cornerstone of University City. $1.1 billion building growth in last decade. The university attracts quality students creating a pipeline of talented workers for businesses. The Charlotte Research Institute at UNC Charlotte provides ready access to research and innovation. DUCATE 27,200 Students at 92 Bachelor s degree UNC Charlotte programs at UNC Charlotte 21 Doctoral programs at UNC Charlotte 1,000 Acre UNC Charlotte campus 59 Master s degree programs at UNC Charlotte 28% Growth over 8 years
University City is becoming one of the most accessible centers. A $1.2 billion investment in light rail will conveniently connect University City to Uptown and South Charlotte. The completion of I-485 and the addition of many new streets, sidewalks, greenways and bike lanes enhance accessibility and mobility. 19 Minute average commute time 3 Major interstates I-77, I-85, I-485 26 OBILITY 25,000 Light rail riders by 2020 Minute projected travel time to Uptown by light rail 21 Minutes to Charlotte Douglas Int l airport 6 Public transit routes
Contact us: Darlene Heater Executive Director University City Partners 8335 IBM Drive Suite 110 Charlotte, NC 28262 704-688-2483 dheater@universitycitypartners.org great ideas live here