ServicesDevelopment Advisory

LocationCharlotte, NC

Size3.184 acres

StatusIn progress

BudgetConfidential

Project TeamDaVinci Development Collaborative: Development Advisory
LandDesign: Land Planners
Vertical: Market Analysis
Jennifer Stranton: Real Estate Advisory Services

Seventh & Tryon Development

Charlotte, NC

DaVinci is serving as development advisor for a complex public-private partnership and unique group of stakeholders* for this 3-acre parcel prominently located in Uptown Charlotte. The team has been engaged to help the owners re-vision the jointly-owned block. By uniting the stakeholders, a cohesive, conceptual and shared vision was created to guide the owners. Key to creating this shared vision were extensive stakeholder and community interviews. Next, key market information was thoroughly researched and analyzed along with financial and value assessments to deliver a fiscally responsible and executable development plan. Using the created shared vision, alternate approaches were created and presented as highest and best-use development scenarios. In March of 2018, Requests for Qualifications were issued. The stakeholders were very pleased with the quantity and caliber of the RFQ responses. They selected five respondents who will receive a Request for Proposal to serve as the master developer for this exciting opportunity.

Website: https://www.seventhandtryon.com/

*The Project Stakeholders: Bank of America, Charlotte Housing Authority, Charlotte Mecklenburg County, Charlotte Mecklenburg Library, City of Charlotte