Huntersville Town Center

Huntersville, NC

NORCOM Properties, (NORCOM) is developing a 17.5 acre mixed use development in partnership with the Town of Huntersville and Discovery Place. The overall investment in this project will be in excess of $34 million in phase I and will involve public and private equity and debt.
Huntersville was recently ranked by "Money Magazine" as number 76 on its list of America’s Best Places to Live.

Being such a great place to live, the town is growing rapidly.  In 1990, the population was only 3,000.  Today, it is over 37,000.  Due to this rapid growth, the Town of Huntersville has recognized the need to take proactive steps to make the Town more livable and able to continue this growth.  This growth has also meant that the Town needs more services, thus requiring them to expand their Town Hall.

Part of this proactive plan is creating a new town center in Downtown Huntersville.  Located at the intersection of Gilead Road and Old Statesville Road, there really is no “downtown” in Huntersville.  Instead, next to the Town Hall are dilapidated buildings, a used car lot, and vacant land.  There is no “sense of place” in this area that a vibrant downtown creates.

Huntersville is using the additional Town Hall space as a catalyst for the redevelopment of Downtown Huntersville.  In addition to this space, zoning allows for mixed use development—retail, office, and residential development.  The Town plans to build around 20,000 s.f. of additional space to house it's services.

Due to the great demographics and the exciting plan, Discovery Place, a local children’s museum, is going to build its first satellite location—Discovery Place Kids!  This 21,212 s.f. museum will act as an anchor to approximately 45,000 s.f. of retail and 60,000 s.f. office space.

There will also be a significant residential portion, including both single- and multi-family development.  The Littlejohn Group, a respected regional multi-family residential market research firm, has done a preliminary study of the site, and believes that the market could support at least 250 units, with room for vertical expansion as the site matures as a transit oriented development.

We already have interest from other retailers and office users to be part of this project, and the retail and office market in this area are strong.  Additionally, the demographics in the area are very strong.

Discovery Place has negotiated the lease with the Town of Huntersville.  They have also begun their fundraising in earnest, targeting a late 2009 opening.  The nature of this location and its use will drive great demand for the additional retail, commercial and residential uses.  We have a signed Development Agreement with the Town of Huntersville, and the Town Commission and Staff are firmly behind this project.
Please contact us if you have any further questions or would like any additional information.

The Shoppes at Lincolnton Mill

Lincolnton, NC

NORCOM Properties, LLC, (NORCOM) appreciates the opportunity to present an exciting new shopping center in Lincolnton, NC. Norcom is developing a 17.64-acre mixed-use development at 2130 U.S. Highway 150 in Lincolnton, NC. The development will be anchored by a 42,000 sq ft Lowe’s Foods with the addition of 20,000 sq ft of retail space. In addition, there are five 1.2 - acre out parcels available with great road frontage, that can also be combined, one will be leased to Lowe’s for a fueling station, and one will be leased to Burger King. Lincolnton is lacking the sit down restaurant presence within its city limits to meet the demand of its residents. Daily traffic study results show 31,000 cars northbound and 32,000 cars southbound; the exposure for the grocery-anchored center is tremendous. This is a great opportunity to relocate or open a business in a beautiful new center in the heart of Lincolnton with a very strong anchor.
Please contact us if you have any further questions or would like any additional information. (Please see attached site plan and elevations)

Fletcher Town Center

Fletcher, NC

Fletcher is creating a new downtown area, combining a new Town Hall with academic, institutional, office and retail space, right in the “heart” of this charming town. Fletcher’s pedestrian-friendly Town Center will have a green focus and will tie in with the popular Fletcher Park and the Greenway system.

The Fletcher Town Center project aims to establish a clear “center of town” for Fletcher, North Carolina by pulling together the private and public arena to generate a sense of place. Anchored by a new 43,000 square foot Town Hall, the Fletcher Town Center will incorporate institutional/educational facilities with governmental facilities, with traditional retail, office and possible residential portions. The project will include pedestrian amenities and will be connected with the popular Greenway system in Fletcher, as well as be environmentally friendly and blend in with the natural surroundings.

The Fletcher Town Center project will include:

• A new municipal complex that includes Town Hall, the police department and a community center.
• County space users, like a public library.
• Educational users, including higher education like the University system and the Community College system.
• Retail and office opportunities, including restaurants and outdoor cafes.
• Possible residential portion with approximately 50 units that will tie back in with the Greenway.
• Opportunities for green space, including parks.
• Gathering places for the Town, including a possible open amphitheater.

Fletcher’s neighbor cities include Asheville and Hendersonville, and it is located just off Interstate 26. The Fletcher Town Center project will be off Highway 25, a few short miles from the Asheville airport. Traffic counts in the area are strong and the town is expected to grow.

The overall objective of the Fletcher Town Center project is to create a new urbanism complex that takes advantage of state of the art energy/green building features, the highest technology capabilities and the increasingly popular pedestrian movement with walkways and bikeways. Its creation will serve the Town of Fletcher with a much needed identity, along with abundant services and conveniences.

Please contact us if you have any further questions or would like any additional information.

The Village of Wendell

Wendell, NC

Located just outside of the Raleigh city limits at the corner of Wendell Blvd/US 64 and Manor Lane in the heart of Wendell, NC. Wendell is projected to be the next big booming area of Raleigh.
Currently the town lacks any true retail, restaurant, office, and overall commercial presence. As a result we feel the Village of Wendell will serve the demand from the community.
Shown is the site plan for the project and we do have additional information upon your request. We feel the presence of your business would be perfect for the overall vision of the development.
The site has 1200 square feet available, as well as a 26 acre outparcel available.
Please contact us if you have any further questions or would like any additional information.

Harris Crossing

Mooresville, NC

Raceway Development Group, LLC wishes to sell the Market Place at Harris Crossing for $8.000.000. The property consists of a grocery store site, a drug store site (Walgreens), a convenience store site, and four strip center sites.
There has been a lot of interest in the project. We have been offered contracts for the drug store site, the convenience store site, and enough small retail to fill two of the strip center buildings.
The Harris Crossing is located on NC 3. NC 3 is the only highway to Kannapolis / Concord area. It is heavily traveled and has large areas of vacant land that are sought by developers.
• It is located 1 ½ miles from downtown Mooresville on NC 3.
• Mooresville has experienced explosive growth and the west area is pretty much maxed out.
• NC 3 leads directly to the new NC Biological Research Park being built in Kannapolis NC. This project is being built by David Murdock.
• The Mooresville school district is very much sought after since it is the number 1 school district in the state of North Carolina.
• Water lines are already in NC 3.
• Sewer lines are in NC 3 and will be run out to the Johnson Dairy Rd treatment plant.
• Dale Earnhardt, Inc. is 2 miles south on NC 3. They are in the process of acquiring land for an undisclosed project.
• Most high school, middle school, intermediate school, and elementary school traffic passes this project.
Shown are two renderings with similar designs to the one that we plan to use, an engineer’s layout of the center, a map showing surrounding residential areas (in blue), a list of the subdivisions, and a pro forma. A total of 106,250 square feet of retail and office space is approved.
In addition, two floors of residential condominiums are approved for the site. The condominiums are not included in the pro forma.
Please contact us if you have any further questions or would like any additional information.