University Research Park Nears Full Capacity

A $51,000 seed money investment 34 years ago by Charlotte business leaders and the Charlotte Chamber of Commerce is paying off for the beneficiary, the University of North Carolina Charlotte campus. The park has generated $12 million for UNCC to date. The asset is almost totally built out.

Major new projects are Digital Optics Corp.’s planned 100,000-sf facility and Crescent Resources Inc.’s ongoing development on 163 acres. Private pension system giant TIAA-CREF plans to occupy a 460,000-sf operations/call center on 137 acres in first quarter 2001.