The Charlotte City Council has just unanimously approved a rezoning request from Atlanta-based Flournoy Development Group to build a massive new 52-acre site mixed-use development in University City.
The new project is located at 2200 One Electrolux Way and 10200 Claude Freeman Drive, was rezoned from office institutional and single-family residential use to a community activity center district exception (CAC-1 EX). The change allows for the construction of up to 580 residential units and 7,500 square feet of commercial space.
The multi-phased project will include 320 apartments and 3,000 square feet of retail in its first phase. A second phase will add 240 apartments, 20 townhomes, and 4,500 square feet of commercial space. The development prohibits drive-throughs and incorporates several sustainability and public benefit measures, including two acres of open space, $10,000 toward park improvements, and construction to National Green Building Standards.
Flournoy plans to acquire the property from Centene Corp., which purchased it in 2020 for $9 million. Centene later abandoned a corporate campus plan on the adjacent 80-acre property.
The project includes transportation improvements on David Taylor Drive and Claude Freeman Drive, new multi-use paths, sidewalks, and two ADA-compliant bus stops. Trip generation for the new zoning is expected to be lower than previous entitlements, dropping from 4,366 to 3,368 daily trips.
This will be Flournoy’s fourth Charlotte project, joining developments in Ballantyne, Mallard Creek, and NoDa.
A construction timeline for the University City project has not been announced.
