For more than five years, city and county
leaders have talked about creating an urban village of shops, homes,
offices and green space in First Ward.
But a slew of other priorities and a slow
economy have kept the project on the back burner.
Now Charlotte developer Daniel Levine wants
to speed up the process, possibly completing the first buildings --
a public park and a parking garage -- by late 2005.
"The time is now," he said,
"given the momentum of the Children's Learning Center, the
uptown arena and the coming of the trolley and light rail
transit."
Levine Properties and development partner
Cousins Properties have been working for several months with the
city and county to jump-start the urban village.
"It became apparent that to bring the
vision of the city, the county, Cousins Properties and Levine
Properties to fruition, I would have to spend a significant amount
of time on it," Levine said.
To make that happen, Levine Properties
hired Sig Arnesen away from GVA Lat Purser & Associates Inc. to
run day-to-day operations while Daniel Levine devotes his time to
the urban village.
"Sig is already at work, and I'm ready
to go," Levine said. "I'm rolling up my
shirtsleeves."
Levine Properties owns 22 acres that would
be combined with 17 acres of city and county land -- including the
Hal Marshall Services Center site on North Tryon -- to create the
village.
The starting point, Levine said, is a
public park with a 1,500-space underground parking garage, proposed
on 5.5 acres of the developer's property between Ninth and Seventh
streets.
Across Seventh, the children's learning
center, now called ImaginOn, is aiming for a 2005 opening on a block
bounded by the trolley line and Sixth, Seventh and Brevard streets.
The arena, under way on East Trade Street
between Caldwell Street and the trolley line, also opens in fall
2005.
"If you put all that together, you get
almost a completely renovated First Ward (eastward) from Tryon along
the trolley line and (northward) from Trade to Ninth Street,"
Levine said.
The urban village suffered a setback in
March 2002 after the city's and county's chosen developer -- New
York-based Palladium -- pulled out, citing a weak economy.
Levine/Cousins, which finished second in a
government selection process, took over.
"We are working closely with the city
and the county to put the first piece of the puzzle -- the park --
in place," Levine said. "Everybody is in concurrence this
is the right place for the park, and the county wants to move
forward."
Some Mecklenburg officials have mentioned
swapping government-owned land for Levine's park acreage, but no
decisions have been made.
"The piece we are trying to figure out
now is the subterranean parking for the public park site,"
Levine said. "We're just beginning to talk about public
participation, but hopefully it will be a public-private venture
with the private sector taking the preponderance of the risk."
Construction of the parking garage will
cost the developers about $30 million, he said, but there is "a
demonstrated public need.
It would serve the library, the Mint Museum
of Craft + Design, the Levine Museum of the New South, Spirit Square
and the children's learning center."
If the city and county approve the plan
within 120 days, Levine said, the park and parking facility could
open by late 2005.
During that same time frame, he said, the
developers would start work on two 80,000-square- foot buildings
next to the park.
The multi-story structures would cost
roughly $10 million each and include shops on the ground level with
office and residences above.
The Levine/Cousins' plan envisions $600
million in development, including offices for 4,800 workers, homes
for 4,700 people and cultural facilities.
Levine conducted a national search to find
new chief operating officer Arnesen, formerly senior vice
president/director of property management at GVA Lat Purser &
Associates, where he managed 17 people in Charlotte and Raleigh and
helped oversee the company's assets.
Doug Smith