• Developer details plans for $300M redevelopment of uptown bus depot

    By: Ashley Fahey, Charlotte Business Journal

    Updated:

    CHARLOTTE, N.C. - The developer that made the original bid for the Charlotte Transportation Center site in uptown Charlotte says his firm has put forth a plan that would include multiple uses, including a shopping center, and an underground bus station.

    High Point-based BPR Properties submitted a roughly $300 million plan that includes high-rise buildings with offices, apartments, affordable housing, condos and hotel rooms in addition to a retail and plaza development with a "sustainable shopping" focus, said Birju Patel, president of the firm. The site sits in the middle of uptown, a 2.6-acre block bounded by East Trade, South Brevard and East Fourth streets and the Lynx Blue Line.

    [Video shows security officer punch man at transit center uptown]

    BPR Properties was the initial bidder for the site earlier this year, prompting the Charlotte Area Transit System to submit a call for offers for competing bids.

    BPR's plan includes a 20-story, 400,000-square-foot office tower and a separate tower with 21 floors of apartments, eight floors of hotel rooms and a penthouse level with one or more condos, according to a proposal reviewed by the Charlotte Business Journal. Three-story buildings with residential units (including affordable and/or workforce housing), 96,000 square feet of retail space and 17,000 square feet of offices are also called for.

    Read the full story and check out site plans here.

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