Crescent Communities unveiled plans for a major new mixed-use development in uptown Charlotte on Wednesday, with designs for a new supermarket, up to 400 hotel rooms and 450 upscale apartments.
The Observer and other media reported earlier this week that the Whole Foods and apartment complex were coming. But Crescent has not previously laid out its plans in detail for the development at Stonewall and Caldwell streets, across from the NASCAR Hall of Fame.
Ben Collins, Crescent’s vice president of the mid-Atlantic region, said the project will be “transformative,” adding a second grocery option for uptown dwellers and filling a mostly vacant 5-acre site with a new development tied to the Lynx Blue Line.
“This is a development we’ve been working on for quite some time,” said Collins. He said the company has been in talks with Whole Foods about an uptown location for more than three years.
Michael Smith, CEO of Charlotte Center City Partners, said the development would help create a stronger connection to South End, as well as encouraging retailers to locate uptown.
“Having a national retailer come in with the strength of Whole Foods is a game-changer for center city retail,” said Smith, whose group has been working to bring more retail options uptown.
Highlights of the plan:
Collins said Crescent will also buy the adjoining 1.8 acres. Club Caviar and a surface parking lot currently sit there, next to the Stonewall light rail stop. In the Crescent Uptown development, the Whole Foods will be adjacent to the light rail stop.
Other developments are also underway on uptown’s southern edge. A 230-unit upscale apartment building is slated to open this year at Stonewall and McDowell streets, and Portman Holdings plans to break ground this summer on a 19-story office tower at 615 S. College St.
The new hotels will be adjacent to the Westin, which at 700 rooms is the largest hotel in Charlotte. The site is across Stonewall Street from the Charlotte Convention Center, a major source of hotel room traffic.
Uptown has only one other grocery store, a Harris Teeter at Fifth and Poplar.
Whole Foods operates two other local stores, in SouthPark and Huntersville. The upscale grocer is also opening another store in south Charlotte, in the Waverly development on Providence Road.