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| General Information |
| Location: |
Southeast Corner of Intersection of Highways 16 & 73 Denver, NC Eastern portion of Lincoln County Developer: Griffin Brothers Acquisitions, LLC |
| Zoning: |
Mixed-Use Plan Approval |
| Size: |
19.09 Acre Retail Site Outparcels Available
Gross land acreage: 326 Acres |
| Alcohol Sales: |
Historically a dry county, the latest alcohol vote passed in Sept. 2002, giving Lincoln County full ABC privileges (on- or off-site beer, wine and liquor sales). This area is ripe for restaurants and establishments with alcohol sales. |
| Commercial Development: |
Harris Teeter is the anchor tenant of Waterside Crossings 19.04 acre commercial development. Phase one completed in the summer of 2002, Harris Teeter occupies a 36,000 square-foot facility, with an additional 33,567 square feet of retail space in Phase One. The remaining portion of the commercial component of Waterside Crossing consists of retail, office and medical outparcels. |
| Adjoining Residential Development: |
Waterside Crossing is a mixed-use village, comprised of single-family homes, townhomes, with amenity packages. Orleans Builders built 134 townhomes priced from $100,000 to $125,000. The 424 single-family homes are priced from the $270,000s to the $400,000s, and are also under construction. The single-family homes are being built by Niblock Homes. The 326-acre development is equipped with city water, sewer and natural gas. |
| Access: |
Waterside Crossing is accessible from either NC 16 or Hwy. 73. The site is approximately 15 miles from I-85, 12 miles from the Charlotte city limits, 18 miles from the Charlotte/Douglas International Airport, eight miles to the Cornelius city limits, and 14 miles to downtown Lincolnton. |
| Major Retailers In Immediate Area: |
Harris Teeter, Blockbuster, Pizza Hut, Mailboxes etc, Peoples Bank, Food Lion, Eckerd, Burger King, Arbys/Handy Pantry Petro Express, First Citizens Bank, McDonalds, Taco Bell, Long John Silvers, Bank of America |
| Traffic Counts*: |
Hwy. 16 - North of Hwy. 73: 21,788 cars per day Hwy. 16 - South of Hwy. 73: 19,000 cars per day Hwy. 73 - West of Hwy. 16: 11,773 cars per day Hwy. 73 - East of Hwy. 16: 16,890 cars per day |
| Road Improvements: |
An $111 million addition project is slated for Highway 16. Once complete, this will include a new Highway 73 exit - the first exit from Charlotte. This exit is approximately one-half mile from Waterside Crossing. The NC DOT estimates this project will be completed in 2007. In that same time frame, improvements to the existing intersection of Highways 16 and 73 will take place. |
| Demographic Highlights**: |
Est. 2001 Population 40,483 (seven mile radius) |
| Household Income: |
Est. 2001 Average $66,556 (seven mile radius) |
| Back To Top |
| Demographics |
Denver, NC Highways 16 & 73 0 - 7 mile radius |
| |
| Snapshot |
2000 Census |
2001 Update |
2006 Forecast |
| Population |
38,793 |
40,483 |
47,605 |
| Households |
15,297 |
16,012 |
19,012 |
| Median Age |
36.8 |
37.1 |
37.9 |
| Median Household Income |
$38,536 |
$51,474 |
$59,751 |
| Average Household Income |
$45,266 |
$66,576 |
$78,637 |
| Per Capita Income |
$16,998 |
$26,137 |
$31,179 |
| |
| Household By Income |
1990 Census |
2001 Update |
2006 Forecast |
| Less than $15,000 |
14.1% |
8.4% |
7.4% |
| $15,000 - $24,999 |
14.9% |
11.4% |
9.2% |
| $25,000 - $34,999 |
16.0% |
12.5% |
10.3% |
| $35,000 - $49,999 |
19.2% |
16.1% |
14.2% |
| $50,000 - $74,999 |
22.5% |
22.01% |
20.8% |
| $75,000 - $99,999 |
8.7% |
12.5% |
14.0% |
| $100,000 - $149,999 |
3.1% |
10.5% |
15.8% |
| $150,000+ |
1.6% |
6.6% |
8.3% |
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| Population by Age |
2000 Census |
2001 Update |
2006 Forecast |
| 0-4 |
6.8% |
6.7% |
6.7% |
| 5-9 |
7.4% |
7.2% |
6.9% |
| 10-14 |
6.9% |
6.9% |
6.6% |
| 15-24 |
9.4% |
9.4% |
9.6% |
| 25-34 |
15.9% |
15.6% |
15.1% |
| 35-44 |
19.6% |
19.4% |
17.4% |
| 45-54 |
9.8% |
16.5% |
17.2% |
| 55-64 |
9.8% |
10.0% |
11.9% |
| 65-74 |
5.1% |
5.1% |
5.4% |
| 75-84 |
2.4% |
2.4% |
2.4% |
| 85+ |
0.6% |
0.6% |
0.7% |
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| Race & Ethnicity |
2000 Census |
2001 Update |
2006 Forecast |
| White |
93.1% |
92.9% |
91.9% |
| Black |
4.7% |
4.8% |
5.2% |
| Asian/Pacific |
1.1% |
1.2% |
1.6% |
| Other Races |
1.1% |
1.1% |
1.3% |
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| Source: CACI Marketing Systems 9/02 1-800-292-CACI |
| Back To Top |
| Residential Growth |
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Following is a subdivision status report and a map showing the route of the new NC Highway 16. Also included is a Kubilins Traffic Consulting, Inc., traffic impact analysis for the intersection of NC Highways 16 and 73.
The subdivision status report lists all subdivisions with ten or more lots approved in Lincoln County from August 1998 through June 2002. Twelve subdivisions within a seven-mile radius of Waterside Crossing are numbered on the map. These 12 subdivisions represent approximately 3,438 homes either built, under construction, or scheduled for construction. This represents 60 percent of the total number of homes approved in Lincoln County and illustrates the dramatic growth occurring in Eastern portion of Lincoln County. These numbers only represent new growth and do not account for the tremendous growth of the past 10 years east of NC 16 around Lake Norman in East Lincoln County.
Also shown on the map is the new NC Highway 16. The new NC 16 will be a four-lane divided median highway with access only at the two interchanges as indicated. Construction has begun on the first leg, with completion of this section to NC 73 slated for 2007.
Many improvements will have been made to the current intersection of NC 16 and 73 by the time the first leg of the new NC 16 is completed. Enclosed is a copy of the Executive Summary from Kubilins Traffic Consulting, which shows existing lanes and improvements to be made by the developer and NCDOT. The intersection of NC 16 and 73 is currently four lanes and will be expanded to seven to accommodate the higher traffic volume. The intersection is currently the busiest in East Lincoln County and will continue to serve as the main intersection once the first leg of NC 16 is completed. Presently, everyone south of the Denver area passes through this intersection in their travels to Charlotte, Cornelius or Huntersville. Many speculate that an increasing number of people who live in northern Mecklenburg County will use this as their route to and from Charlotte as congestion on Interstate 77 increases. When the first leg of the new NC 16 is complete, it will be approximately 15 miles to Interstate 85 and approximately nine miles to Cornelius or Huntersville.
Subdivision Status Report Over 10 lots 1988-2002 |
| Map ref. # |
Plat Name |
Desc. |
Township |
Lots |
PIN# |
Road Name |
| 1 |
VILLAGES OF DENVER |
MAJOR PUD |
CATAWBA SPRINGS |
710 |
4603-00-28-2275 |
OPTIMIST CLUB |
| 2 |
VERDICT RIDGE |
MAJOR
| CATAWBA SPRINGS |
600 |
3693-00-36-6614 |
KIDDVILLE |
| 3 |
SAILVIEW |
MINOR |
CATAWBA SPRINGS |
475 |
4615-14-23-6077 |
BURTON LANE |
| 4 |
THE GATES @ WATERSIDE CROSSING |
MAJOR PUD |
CATAWBA SPRINGS |
424 |
4601-07-77-8259 |
NORTH PILOT KNOB |
| 5 |
SMITHSTONE SF & MF |
MAJOR PUD |
CATAWBA SPRINGS |
360 |
4603-02-69-7713 |
HIGHWAY 16 NORTH |
| 6 |
RIVERWALK |
MAJOR |
CATAWBA SPRINGS |
288 |
|
HIGHWAY 16 NORTH |
| 7 |
THE BLUFFS @ WATERSIDE CROSSING |
MINOR |
CATAWBA SPRINGS |
134 |
4601-07-77-8259 |
NORTH PILOT KNOB |
| 8 |
OXFORD HUNT |
PUD |
CATAWBA SPRINGS |
130 |
4602-00-03-7489 |
SOUTH LITTLE EGYPT |
| 9 |
FOREST RIDGE |
MINOR |
CATAWBA SPRINGS |
103 |
|
SIFFORD RD |
| 10 |
HUNTERS BLUFF |
MINOR |
CATAWBA SPRINGS |
100 |
|
HWY 73 E |
|
CREEKSIDE VILLAGE PH4 |
MAJOR |
CATAWBA SPRINGS |
70 |
3675-00-77-8387 |
LEE MOORE |
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SEVENTEEN FAIRFIELD |
MAJOR |
CATAWBA SPRINGS |
59 |
|
FAIRFIELD CH. RD. |
| 11 |
COWAN'S FORD PH 2 |
MINOR |
CATAWBA SPRINGS |
59 |
4612-03-30-8146 |
TURNBERRY LANE |
| 12 |
ASHLEY COVE |
MAJOR |
CATAWBA SPRINGS |
55 |
4615-13-14-9948 |
WEBBS CHAPEL CHURCH |
|
ASHLEE MEADOWS |
MINOR |
CATAWBA SPRINGS |
50 |
|
LEE LAWING |
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LAKE FOREST |
MINOR |
CATAWBA SPRINGS |
49 |
|
BREVARD |
|
PINE GROVE |
MINOR |
CATAWBA SPRINGS |
48 |
|
N. LITTLE EGYPT |
|
RIDGE CREST |
MINOR |
CATAWBA SPRINGS |
43 |
|
HWY 150 E |
|
DUSTY RIDGE PH 1 & 2 |
MINOR |
CATAWBA SPRINGS |
42 |
3695-08-99-3097 |
CAMPGROUND |
|
SANDPIPER BAY |
MINOR |
CATAWBA SPRINGS |
40 |
|
CAMPGROUND |
|
HARBOR WATCH II |
MINOR |
CATAWBA SPRINGS |
33 |
4605-01-65-1203 |
HARBOR WATCH DRIVE |
|
ISLE OF PINES |
MINOR |
CATAWBA SPRINGS |
28 |
|
CAMPGROUND |
|
LOGAN'S RUN |
MINOR |
CATAWBA SPRINGS |
23 |
|
GRAHAM |
|
LYNN RIDGE |
MINOR |
CATAWBA SPRINGS |
22 |
|
MCINTOSH |
|
STEWART OVERLOOK |
MINOR |
CATAWBA SPRINGS |
22 |
4615-10-27-8306 |
WEBBS CHAPEL CHURCH |
|
JESSES TRACE |
MINOR |
CATAWBA SPRINGS |
20 |
|
UNITY CHURCH RD |
|
MAPLE GROVE |
MINOR |
CATAWBA SPRINGS |
20 |
|
HWY 73 E |
|
NORMAN ESTATES |
MINOR |
CATAWBA SPRINGS |
18 |
4613-12-86-2895 |
UNITY CHURCH RD |
|
VILLAGES AT STONECASTLE |
MINOR |
CATAWBA SPRINGS |
15 |
4618-18-32-9075 |
GRAHAM |
|
LITTLE EGYPT |
MINOR |
CATAWBA SPRINGS |
15 |
3692-00-92-8448 |
SOUTH LITTLE EGYPT |
|
THE CROSSING PH 3 |
MINOR |
CATAWBA SPRINGS |
14 |
3684-00-77-8902 |
BETH HAVEN CHURCH |
|
ANDREW ACRES |
MINOR |
CATAWBA SPRINGS |
14 |
4604-00-43-5623 |
OLD POST ROAD |
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MCCONNELL PLACE |
MINOR |
CATAWBA SPRINGS |
14 |
4615-11-65-5718 |
MCCONNELL |
|
THE TERRACES |
MINOR |
CATAWBA SPRINGS |
14 |
3695-10-95-6304 |
NORTH HIGHWAY 16 |
|
THE CROSSING |
MINOR |
CATAWBA SPRINGS |
12 |
3684-00-78-0073 |
FORNEY HILL |
|
LYNWOOD ACRES |
MINOR |
CATAWBA SPRINGS |
10 |
4605-08-79-7298 |
LYNWOOD LANE |
|
CAROLINA CENTERS |
MINOR |
CATAWBA SPRINGS |
10 |
4605-08-79-7298 |
LYNWOOD LANE |
- These are subdivisions approved or existing subdivision expansions approved of ten lots or more from 8/98 - 6/02 in the Catawba Springs Township of Lincoln County.
- In Lincoln County, 5,711 homes in new or existing subdivisions were approved in the same time period.
- The approvals in Catawba Springs Township represent 73% of the entire County.
- The twelve properties marked on the map are within a seven mile radius of Waterside Crossing.
- These approvals represent 3,438 homes or 60% of all new homes approved in Lincoln
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| For more information, contact Larry Griffin, Jr. at 704-896-2484 or larryjr@griffinbrothers.com |
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| Available Properties |
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Retail, Office & Townhome Tracts Southeast Corner of Highways 16 & 73 |
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| Retail Outparcel # 1
| Arby's / BP |
| Retail Outparcel # 2
| First Charter |
| Retail Outparcel # 3
| McDonalds |
| Retail Outparcel # 4
| Taco Bell / Long John Silvers |
| Retail Outparcel # 12
| Bank of America |
| Retail Outparcel # 13
| $625,000
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| Retail Outparcel # 15
| ABC Store |
| Retail Outparcel #16
| .78 acres Build to Suit or Ground Lease |
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| Tract # 5 Office / Retail Parcel
| First Citizens |
| Tract # 6 Office / Retail Parcel
| Office / Medical Bldg. (Sold) |
| Tract # 7 Office / Retail Parcel
| $1,950,000
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| Tract # 8 Office / Retail Parcel
| Office / Medical Bldg. (Sold) |
| Tract # 9 Office / Retail Parcel
| TBD (Sold) |
| Tract # 10 Office / Retail Parcel
| $695,000
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| Tract # 11 Office / Retail Parcel
| Advanced Family Eye Care |
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Prices are subject to change without notice.
For leasing information contact James Ferguson at (704) 342-9000 or james.ferguson@childressklein.com |
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| Maps |
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| Aerial Photos |

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| Site Plan |
 Click to Enlarge |
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| Proposed Traffic Configuration |
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