A rezoning request to develop an $80 million distribution business park at a fairgrounds site in north Charlotte received unanimous approval from City Council on Monday.
As previously reported by the Charlotte Business Journal, Beacon Partners is spearheading the project, Metrolina Logistics Park, on the 95-acre site between Statesville and Old Statesville roads that currently hosts the Metrolina Tradeshow Expo. The center will eventually contain 1.2 million square feet of distribution and connected office space.
“We’re coming to an end of an era with the fairgrounds,” said council member Al Austin, but he added the business park is "a new vision” and moved to approve the rezoning petition.
The city’s Zoning Committee noted the project supported the Northeast District Plan for light industrial or a business park “to enhance the area as a major employment center.”
The property is owned by Linda Pistone, who had the property rezoned in 2009 to allow for a new speedway by developer Simon Weber, although that project never took off. The final Metrolina antiques show will be in June, marking the end of a more than 30-year tradition.
Beacon has previously stated it will incorporate thematic elements, such as signage, to pay homage to the site's fairgrounds and early airport heritage. Beacon has appointed Orsborn Engineering Group to complete the civil engineering work. Merriman Schmitt Architects will design the buildings.
It is anticipated that Beacon will begin work on the site in the second half of 2016.