Charlotte developer Lincoln Harris is joining Cato Corp. in a major redevelopment of the former Charlotte Knights stadium site in York County, S.C., which could include millions of square feet of office space and hundreds of dwellings.
The companies said Friday that they have filed to rezone the site in Fort Mill, just off Interstate 77 near exit 88. Charlotte-based fashion retailer Cato bought the former stadium site to use as a distribution center, with possible plans for a mixed-use development on the site as well.
Cato demolished the stadium earlier this year. The stage is now set for a huge office development just south of the state line, in a fast-growing corridor where some companies such as LPL Financial and Lash Group have relocated from Charlotte.
“We are excited to partner with a company like The Cato Corporation to bring this much-needed development to the state,” said Lincoln Harris president Johno Harris III. “This site offers a fantastic location immediately adjacent to one of the first interchanges in South Carolina off I-77.”
The 360-acre site could include up to four million square feet of office space, according to rezoning plans filed in York County. For comparison, Ballantyne Corporate Park in south Charlotte will have 4.5 million square feet of office space after its latest building is complete.
The rezoning is set to be finalized in the first quarter next year. The development would then be built in phases, with phase one totaling 500,000 square feet of office space, 100,000 square feet of retail space, 300 residential units and a 150-room hotel.
“Although our original intent for the property was development of a new Cato distribution center, we now feel the property has greater potential as a Class-A mixed-use development,” said John Cato, Cato’s chief executive.
The Fort Mill stadium, next to a baseball-shaped water tower visible from I-77, was built in 1990. The Knights played there there until the triple-A team moved to BB&T Ballpark in uptown Charlotte in 2014.