Some Charlotte City Council members are concerned that a proposed Pappas Properties development on the Charlotte Regional Realtors Association site could lead to further congestion on Kenilworth Boulevard.
The council’s economic development committee heard a presentation Thursday about the development, which is seeking $4.7 million in city and county tax breaks. The money would reimburse the developer for building roads and making improvements to Pearl Park.
The project would be built on a 5.2-acre site in Midtown, along Greenwood Cliff Drive.
Pappas Properties said it would build a 170-room hotel on Kenilworth Avenue, a 144,000 square-foot office building, 250 apartments, a 900-space parking deck and a 35,000 square-foot office building. There would be ground-level retail in some of the buildings.
Wade Finger of Pappas Properties said Thursday the project could include a 50,000 square-foot grocery store.
The biggest concern of council members wasn’t the tax dollars that could go to the project. It was about traffic.
“Kenilworth Avenue is already high traffic,” said council member LaWana Mayfield. “Will that be addressed anywhere?”
If the grocery is built, Pappas Properties said it wouldn’t need to expand the size of the parking deck, which would handle cars for the hotel, apartments, retail and office space.
The cars coming to and from the development would be arriving at different times, because of the different uses of the development, Pappas Properties said. The cars for the apartments would leave in the morning, which would leave spaces for the office buildings and retail.
Finger said the parking deck for the nearby Metropolitan development uses the same concept of having cars come and go at different times.
Council member Vi Lyles said that isn’t a good model. She said that parking deck – which handles cars going to Trader Joe’s grocery – is too crowded.
“If that’s a successful parking deck, we won’t be building that,” she said.
The Metropolitan opened in 2008, with a mix of condos, retail and restaurants along Little Sugar Creek Greenway. Including tax increment grants, infrastructure improvements and the cost of uncapping Little Sugar Creek, Mecklenburg County and the city of Charlotte have about $34 million worth of public money pledged to that project.
Council members are scheduled to hear a rezoning for the project Monday. The council’s economic development committee could vote on the project and the tax breaks next month.