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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 Crossing’s 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 $270,000’s to the $400,000’s, 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, Arby’s/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% |
| |
| 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% |
| |
| 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% |
| |
| Source: CACI Marketing Systems • 9/02 • 1-800-292-CACI |
| Back To Top |
| Residential Growth |
|
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 |
|
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 |
|
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 |
|
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 |
| Back To Top |
| Available Properties |
| |
Retail, Office & Townhome Tracts
Southeast Corner of Highways 16 & 73 |
| |
| 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 |
| |
| 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 |
| Back To Top |
| Maps |
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| Aerial Photos |
Click to Enlarge
Click to Enlarge
Click to Enlarge |
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| Site Plan |
Click to Enlarge |
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| Proposed Traffic Configuration |
Click to Enlarge |
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