CHARLOTTE, N.C. — Charlotte-based Levine Properties has been under construction on a parking deck at 10th and Brevard streets in First Ward for four years and, while it appears to be mostly finished, work remains ongoing while a city-set deadline is long overdue.
A decade ago, the local developer reached a deal with the city of Charlotte and Mecklenburg County in redeveloping First Ward — if it delivered priority items, such as a park, affordable housing and public parking, Levine Properties would receive infrastructure reimbursements in the form of tax-increment grant payments.
Levine opened First Ward Park in 2015, which came with about $11.4 million in reimbursements from the county. But structured parking and residential components, including workforce housing, still haven’t been built.
The deadline set by the city and county for the main parking deck at 10th and Brevard passed more than three years ago, on July 1, 2016. In less than three weeks, on Dec. 31, another deadline — to deliver at least 400 spaces in a surface lot or structured parking deck adjacent to First Ward Park — will come up.
Read more here about the developer’s deal with the city and where things stand.
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