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Union Cross Road / NC 66 Projects

JerseyBoy

By JerseyBoy
in The NC Triad

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JerseyBoy Burg

JerseyBoy

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Centdev Properies has letters of intent and will begin construction on Union Cross Town Centre. A $100 million retail center with 2 hotels and a 14 screen movie-theater. Centdev has already reached an agreement for a Hampton Inn to open in the development. If approved by the Kernersville's planning board the center could open in 2009.

Description from the website:

"Five natural water features, courtyards with seating and a well landscaped streetscape will enhance the pedestrian amenities of the project."

CENTER SIZE: 244,000 sq. feet of retail on first level

100,000 sq. feet of apartments & office on 2nd Floor

Multiple Restaurants Sites

2 Hotel Sites

Multi-Plex Cinema

Drug Store and Bank Site

RESIDENTIAL: Up to 200 Villas/Town Homes

UCTCCover15-10-06.jpg

UCTCCover35-10-06.jpg

colorlabledsiteplan6-7-06.jpg

http://www.unioncrosstownecentre.com/

http://www.journalnow.com/servlet/Satellit...s=1037645509099

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yadkinv Whistle-Stop

yadkinv

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This looks good, upscale, and similar to the now overused and meaningless term Town Center developments nationwide. Anyway, it does look really good. Is the announced development at Clemmons similar, I wonder? Also, I wonder if this is the sort of thing that will end up at the Hanes Plant site on Strattford, if that area can absorb anymore retail?

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lal561 Crossroads

lal561

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This place looks like it is going to be amazing (it also reminds me of Birkdale Village in Huntersville). My fiance and I just recently purchased a home nearby, so I am very excited to know we will have such a great shopping complex to go to (hopefully by next year).

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JerseyBoy Burg

JerseyBoy

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This place looks like it is going to be amazing (it also reminds me of Birkdale Village in Huntersville). My fiance and I just recently purchased a home nearby, so I am very excited to know we will have such a great shopping complex to go to (hopefully by next year).
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JerseyBoy Burg

JerseyBoy

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If you look at the site plan above, it shows some of the planned streets making connections with existing roads. There is a possibility that there could be connectivity, but not likely due to possible neighbor opposition. IMO Expect this to develop like Robinhood Village (Walgreens, Harris Teeter, BB&T/Wachovia, etc.)

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JerseyBoy Burg

JerseyBoy

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Here is a PDF marketing packet for UTC:

http://www.coreproperties.com/uploadpics/2...p;PropertyID=49

One interesting thing I noticed from the reading is that Core is anticipating the Union Cross / I-40 interchange to become an SPUI (Single Point Urban Interchange) as well as the addition of a new traffic light on UC.

On a side note, new signs have been posted around the site bordering 40:

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http://www.news-record.com/apps/pbcs.dll/a...312/-1/news1802

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JerseyBoy Burg

JerseyBoy

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Yesterday, I took a drive out to Kernersville to check out the progress that has been made on several retail and residential projects. To my surprise I found that Moses Cone has completed its new medical center off of 66. I recall reading about a battle between Moses Cone and Novant to have medical centers out there, but I wasn't aware that they had put up their building so FAST!

http://www.mosescone.com/body.cfm?id=1392

Moses Cone:

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Residential/Retail:

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2382084694_d828fd9e42_b.jpg

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