Business

Vision Award to honor Marsicano

Michael Marsicano, chief executive officer of Foundation for the Carolinas
Michael Marsicano, chief executive officer of Foundation for the Carolinas ogaines@charlotteobserver.com

Michael Marsicano, who heads Foundation for the Carolinas, will receive the Charlotte Center City Partners’ 2016 Vision Award, which recognizes the contributions of those who have “made the Center City a more vibrant urban core.”

The award will be presented Thursday at a dinner at the Charlotte Convention Center. Other awards will be presented to individuals, businesses and organizations who are being recognized for their work in developing the city center.

“His fingerprint is on every major cultural institution in the Center City,” Charlotte Center City Partners said in a statement.

The group cited Marsicano’s efforts to help revitalize the North Tryon area of uptown Charlotte, to establish the Foundation for the Carolinas headquarters as a civic gathering place and art gallery, and to help facilitate the restoration of the Carolina Theatre and hotel addition.

Marsicano has helped grow the assets of Foundation for the Carolinas from $270 million to $1.8 billion, Charlotte Center City Partners said, and the foundation now holds approximately 2,500 charitable funds.

Other honors being presented Thursday:

▪ A special achievement award to the team behind the First Ward Park uptown, for “creating a highly designed, peaceful yet dynamic urban park and gathering place” that will help catalyze ongoing development of the North Tryon area.

▪ A special achievement award for the team behind South End’s 1616 Center, for “raising the bar on architectural design, street level activation and the market for extreme mixed-use.”

▪ A special achievement award for the Knight Foundation, which “has developed thought leaders and civic innovators through intra-city exploratory visits” in its work to revitalize Charlotte’s West End neighborhood and other initiatives.

▪ A Settlers Award for Sarah Stevenson of Historic West End, who founded the Tuesday Morning Breakfast Forum and has been in public service for 60 years. The award recognizes those who have improved the city’s quality of life.

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