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Iverson TOD
Iverson is a planned mixed-use, transit-oriented development community of substantial density: a “New Town/In Town,” centered upon its own light rail stop and along a redefined boulevard; connected to a major Interstate by a single street; and in a manner that will serve as a catalyst for redevelopment in the area. The development will be the first to take advantage of a significant assemblage of property and allow Placemaking to occur in a sizable and meaningful way.
South End Charlotte, as with any urban area, consists of relatively small parcels occupied to varying degrees by warehouse and light industrial businesses. Any substantial assemblage requires patience and perseverance to control key parcels. Still, there remained pockets of opportunity to assemble land. Guided by a strategic vision plan prepared by Shook Kelley for Greenhawk Partners and Cherokee Investment Partners, the value proposition is twofold: a) assemble a number of contiguous small tracts that heretofore are considered to be in secondary, or marginal, locations; and b) create place value through manipulation of already planned infrastructure initiatives and new ones that are in the public interest. There is only one area within South End that meets all of the above criteria and that could be reasonably assembled (given the usual problems that accompany urban assemblages.) The properties are located within an area that constitutes a “superblock” of small, industrial users at the edge of the historical boundary of South End.
South End Charlotte, as with any urban area, consists of relatively small parcels occupied to varying degrees by warehouse and light industrial businesses. Any substantial assemblage requires patience and perseverance to control key parcels. Still, there remained pockets of opportunity to assemble land. Guided by a strategic vision plan prepared by Shook Kelley for Greenhawk Partners and Cherokee Investment Partners, the value proposition is twofold: a) assemble a number of contiguous small tracts that heretofore are considered to be in secondary, or marginal, locations; and b) create place value through manipulation of already planned infrastructure initiatives and new ones that are in the public interest. There is only one area within South End that meets all of the above criteria and that could be reasonably assembled (given the usual problems that accompany urban assemblages.) The properties are located within an area that constitutes a “superblock” of small, industrial users at the edge of the historical boundary of South End.