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Monday, April 14, 2008

Catching Up with Bryant Park

April 14, 2008
Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC

Catching up with Bryant Park

This is the site that was an industrial brownfield that needed to be reclaimed and the neighborhood qualified as low income and in need of revitalization.

Now The Charlotte School of Law is becoming visible against the uptown skyline. Motorists can see the four story building marching towards a completion date of August. What is not visible is the financial story. This building is the first Charlotte project Wachovia has financed under the federal New Markets Tax Credit Program. Officials say the program goes beyond affordable housing construction to create jobs and encourage revitalization with new stores, restaurants, day care centers and jobs.

The 100,000 square foot school of law is the first building in a 250 million redevelopment of Radiator Specialty’s 40 acre site as a multi-use project named Bryant Park. This is just the first phase of a broader plan that could have great impact on the area-in transit orientation, green orientation, and mixed-income housing.Bryant Park is on the Westside…and Westside is beginning to shape itself into becoming a significant part of Charlotte. Just as North End has sparked growth just north of the city.

Charlotte is still a small southern town in so many ways…we have room to grow…to the west, to the north and to the east. I have a real estate friend who is quick to say if you miss a condo tower or two uptown, hang on…we have areas of the inner city that are just beginning to cook. The best, I believe, is yet to come.

Feature articles about Bryant Park and North End are on our website www.condocando.com under “Condo News”. You bet there is an abundance of both condos and townhomes in each project.

Thanks for joining us.

Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC

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