berewick town center

BEREWICK TOWN CENTER
CHARLOTTE, NORTH CAROLINA
A DEVELOPMENT BY PAPPAS PROPERTIES
BEREWICK TOWN CENTER | STEELE CREEK ROAD, CHARLOTTE, NC 28273
Berewick
District Park
Berewick
Elementary
School
APARTMENTS
D
ER R
DIXIE RIV
W
RD
ON
T
P
SHO
DEVELOPMENT
2 | BEREWICK TOWN CENTER
Southwest Charlotte’s population has exploded in the past 15 years. With
the completion of I-485 and rising housing costs around Uptown Charlotte,
the area has become Charlotte’s fastest growing submarket. Not just popular
for residential developments, the area has become a magnet for high-tech
companies and national headquarters.
Situated in the center of Southwest Charlotte is Berewick, a 1,200+ acre
multi-use master planned community that will include retail, office, hotel
and residential. Located on Steele Creek Road at Interstate 485 adjacent to
Charlotte Premium Outlets, Southwest Charlotte’s fastest growing community
offers convenient access to I-77 and I-485 with a ramp to I-485 directly across
the street. A five-minute drive connects Berewick to 150 destinations via
Charlotte Douglas International Airport.
BEREWICK TOWN CENTER
Berewick Town Center, Berewick’s retail and office development, is currently
under construction. The center is anchored by a 53,000 SF Harris Teeter
expected to open in November 2016 and features more than 24,000 SF of
restaurants, service and retail. Berewick Town Center also includes a now-open
Walgreen’s and a Hampton Inn & Suites.
DEMOGRAPHICS
1 MILE
3 MILES
5 MILES
2000 CENSUS POPULATION
1,188
15,055
40,194
2016 POPULATION
5,569
33,887
78,302
2021 PROJ. POPULATION
6,039
36,846
85,767
PROJ. POP. GROWTH RATE (2016-2021)
1.7%
1.7%
1.9%
MEDIAN AGE
31.7
33.2
32.9
HOUSEHOLDS
1,936
12,932
30,049
2021 PROJ. HOUSEHOLDS
2,102
14,085
32,975
1.7%
1.8%
1.9%
AVERAGE HH INCOME
$95,249
$81,163
$71,292
MEDIAN HH INCOME
$83,496
$69,376
$60,102
$229,913
$178,676
$174,776
1,232
24,175
74,724
PROJ. HH GROWTH RATE (2016-2021)
MEDIAN HOME VALUE
DAYTIME EMPLOYEES
TRAFFIC COUNTS
STEELE CREEK ROAD
25,500 VPD
INTERSTATE 485
77,000 VPD
SHOPTON ROAD W
12,200 VPD
FOUNDRY COMMERCIAL | 3
MASTER PLAN| BEREWICK TOWN CENTER
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BEREWICK RESIDENTIAL
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BEREWICK
TOWN CENTER
53,000 SF
HARRIS TEETER
& A NOW-OPEN
WA L G R E E N ’ S
24,000 SF
RETAIL SHOPS
HAMPTON
INN & SUITES
FUTURE
OFFICE
PROFESSIONAL &
M E D I C A L S PA C E
FOUNDRY COMMERCIAL | 5
SITE PLAN | BEREWICK TOWN CENTER
B-1
B-1
B-2
B-2
B-3
B-4
B-5
B-6
A-1
A-2
A-3
A-4
A-5
A-9
A-6
A-7
A-8
6 | BEREWICK TOWN CENTER
BI L L L E E F
16
BUILDING A
1,182
A-4
AVAILABLE
1,176
A-5
AVAILABLE
1,216
A-6
AVAILABLE
1,182
A-7
AVAILABLE
1,200
A-8
AVAILABLE
1,105
A-9
AVAILABLE
1,197
BUILDING B
SUITE
TENANT
SF
B-1
AVAILABLE
2,386
B-2
PASSION NAIL BAR
3,286
B-3
AVAILABLE
1,556
B-4
GREAT CLIPS
1,055
B-5
NEGOTIATING
1,688
B-6
AVAILABLE
2,560
LEASED
277
AVAILABLE
NEGOTIATING
CBD
D
BLV
WES T
CHARLOTTE
DOUGLAS
INTERNATIONAL
AIRPORT
485
L
TYV
OL A
RD
M
A
NEGOTIATING
49
RA
A-3
PA RK RD
1,080
SOUTH B
LVD
NEGOTIATING
29
ST
A-2
85
N
2,723
TR
YO
NEGOTIATING
S
A-1
L IE
SF
WY
TENANT
A KE
SUITE
FA IRVIE W R D
1
77
GOVE RN
OR J A ME S G MA RT
JUNE 22, 2016
521
FOUNDRY COMMERCIAL | 7
SURROUNDING BUSINESS AND RETAIL| BEREWICK TOWN CENTER
85
EMPLOYER
HIG
HW
AY
7
SITE EMPLOYEES
1
TIME WARNER CABLE
3,140
2
COMPASS GROUP
2,000
3
SIEMENS ENERGY
1,500
4
MICROSOFT
1,100
5
TJX COMPANIES
950
6
FRITO-LAY
600
7
CELGARD
400
8
JACOBSEN
400
9
MAERSK
375
10
CPI SECURITY
500
11
PHYSICIANS CHOICE
330
12
BELK
13
AMERICAN AIRLINES
14
UTC AEROSPACE SYSTEMS
4
277
SOU
TH
BO
UL E
VA
RD
13
2
485
14
INTER
49
12
EK ROAD
48
5
S. T
RY
STA
TE
CRE
10
N
O
EE
ELE
9
AR
6
7
5
RO
D
W
O O D ROA
INT
ERS
TA
TE
77
77
8 | BEREWICK TOWN CENTER
AY
W
1
4
STE
3
8
R
ST
H
T/
H
IG
11
485
2,800
10,600
300
NOTE: THIS LIST IS A PORTION OF THE AREA’S LARGEST EMPLYERS AND IS NOT
A COMPREENSIVE LIST OF ALL EMPLOYERS IN SOUTHWEST CHARLOTTE.
SOURCE: PAPPAS PROPERTEIS
W
RE
BE
BEREWICK DEVELOPMENT
1,600+ EXISTING HOMES
IC
K
D
S
RR
ON
OA
M
M
T
APARTMENTS
Grading 4/16
Construction 7/16
CO
D WES
N ROA
SHOPTO
BEREWICK
Opening 11/16
IVE
AY
KW
R
PA
BEREWICK
ELEMENTARY
DIX
IE R
APARTMENTS
268 Units
Delivery 6/16
Closed 3/16
Opening 11/17
Opening 11/16
PROPOSED
BEREWICK
PARK
AD
400,000 SF • Opened 8/14
XI
Closing 5/16 • Opening 11/16
DI
Closing 6/16 • Opening 12/16
E
RI
VE
R
RO
Closed 2/16
Opening 9/16
SHOPTON ROAD
Opened 1/16
ST
EE
Retail/Restaurants
Mixed-Use
Opened 8/14
Opened 8/14
Opened 8/14
Opened 8/15
LE
CR
EE
Apartment Homes
K
RO
AD
Senior Living
Office
(H
W
Y
16
0)
JUNE 16, 2015 | LD#1012246
FOUNDRY COMMERCIAL | 9
BEREWICK TOWN CENTER
E N L A R G E D
C O M M E R C I A L
S I T E
P L A N ,
C H A R L O T T E ,
N C .
For leasing information, please contact:
GWEN GLAESER
Vice President/Broker
704.676.1563
gwen.glaeser@foundrycommercial.com
121 West Trade Street, Suite 2500
Charlotte, NC 28202
foundrycommercial.com