Harrisburg town leaders say the planned 85,000-square-foot shopping center at Caldwell Road and N.C. 49 will help the town’s continued growth and keep town taxes among the lowest in Cabarrus County.
Aston Properties expects to open the Caldwell Crossing development in late fall 2015.
The center will be anchored by a Harris Teeter and will include up to 26,000 square feet of additional small shops.
Positioned as a western gateway into Harrisburg, the site is near the planned high-speed rail line that will travel east of Interstate 485. The center will include two separate buildings on University City Boulevard/N.C. 49 as well.
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Between 2010 and 2013, no town in the Charlotte area grew faster than Harrisburg, according the U.S. Census Bureau, when the town’s population grew nearly 20 percent.
About 40,000 people live within 3 miles of the shopping center, according to Aston Properties. The average household income within the Caldwell Crossing area exceeds $71,000.
What’s in store
Jackson Smith, development manager for Aston Properties, said the project will bring more dining and retail options to Harrisburg and the surrounding area.
The 53,000-square-foot Harris Teeter will include a drive-up pharmacy and a Starbucks.
It will be built with “green” features, such as a reflective white, energy-efficient roof, motion detection lighting, low-flow faucets, non-ozone-depleting refrigerant, heat reclamation and energy management.
Leasing will be handled by Aston Properties, a Charlotte-based company since its founding in 1980. It has developed shopping centers such as Colony Place in Charlotte, The Village Commons in Wesley Chapel and McKee Farms in Matthews. Aston Properties is seeking neighborhood services, retail, medical and restaurants, including tavern-style family dining for the new center.
“We felt this will help to really set the tone for our growing city and increase property values at the same time,” Town Administrator Mike Rose said.
He predicted the development would spark further interest in the area.
“We have seen increased interest in Harrisburg in the last year, and I anticipate we will continue to be approached by interested parties,” Rose said. “But there are no formal proposals for (Town) Council consideration.”
The development meets requirements of the town’s Economic Development Strategic Plan, he said.
Mayor Pro Tem Chad Baucom also cited the town’s recent growth as impetus for the new development.
“With Harrisburg being one of the fastest-growth areas in the Charlotte metro area, this project will not only serve to revitalize a small segment of the Highway 49 corridor, but will also provide additional options for our residents to shop or open a business … ,” Baucom said.
“ … The right types of commercial development will not only serve the needs of our residents, but also allow us to maintain a residential property tax rate much lower than many of our neighboring municipalities.”
The town’s tax rate of 15.85 cents per $100 valuation is the lowest municipal rate in the county; the highest is 60 cents per $100 valuation in Kannapolis. The county tax rate is 70 cents per $100 valuation.
Troy Selberg, a Harrisburg resident for more than two decades, said he and his wife, Carol, chose to live in Harrisburg because of its small-town feel and the quality of the Cabarrus County school system.
They have raised two children while the town has grown into one of the state’s zip codes with the largest per capita incomes, said Selberg, the chief operating officer of Boxman Studios. That’s one of Charlotte’s fastest-growing companies, according to Inc. magazine.
“It’s not uncommon to find other leaders from Charlotte who have also chosen Harrisburg to raise families, rubbing elbows at any sports fields on a Saturday morning, as our kids compete with each other,” said Selberg. “You see very quickly that Harrisburg is more than a town, it’s a culture.”