+ All Categories
Home > Documents > Opportunity Zone Re-Development - LoopNet...place. Unleash your conceptual design and vi-sion and...

Opportunity Zone Re-Development - LoopNet...place. Unleash your conceptual design and vi-sion and...

Date post: 02-Oct-2020
Category:
Upload: others
View: 0 times
Download: 0 times
Share this document with a friend
8
Opportunity Zone Re-Development 820,000 SF +/-, Historic preservation - 26 buildings 29.64 Acres, also 10 acres of Mixed-Use Urban In-fill
Transcript
Page 1: Opportunity Zone Re-Development - LoopNet...place. Unleash your conceptual design and vi-sion and tap to this unique wealth of resources, transforming this infrastructure and facilities

Opportunity Zone Re-Development 820,000 SF +/-, Historic preservation - 26 buildings 29.64 Acres, also 10 acres of Mixed-Use Urban In-fill

graphicdesign
Polygon
graphicdesign
Polygon
Page 2: Opportunity Zone Re-Development - LoopNet...place. Unleash your conceptual design and vi-sion and tap to this unique wealth of resources, transforming this infrastructure and facilities

•Retail/entertainment,office,resi-dential, hotel, and/or civic/cultur-al/recreation, institutional.

•Alamance County with strong pres-ence in the area, to name some: Alamance Health and human ser-vices, Alamance Board of educa-tion, Alamance Health Department.

• Proposed site plan calls for 4 re-tails/officeout-parcels,parcelsconfigurationcanbeadjustedasneeded.

•Parcel 1- 2.81 Acres, parcel 2- 5.08 Acres, parcel 3- 1.19 Acres, parcel 4- .34 Acres

•Developmentwillbebenefitingfromoutstandinglocationandprojectedredevelopment across the road at the historic site Tarheel Missile Plant.

Proposed Mix-use Development 10 acres Lot Available Separtley- Former Tarhell Missile Plant Parking

Disclaimer: no warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

Page 3: Opportunity Zone Re-Development - LoopNet...place. Unleash your conceptual design and vi-sion and tap to this unique wealth of resources, transforming this infrastructure and facilities

ArchitecturalandHistoricalSignificance Historic Site - Former Tarheel Missile Plant

Page 4: Opportunity Zone Re-Development - LoopNet...place. Unleash your conceptual design and vi-sion and tap to this unique wealth of resources, transforming this infrastructure and facilities

Proximity to:

I85/40 Corridor 3.1 MilesElon University 6 MilesDuke University & Hospital 21 MilesUNC Chapel Hill Downtown 30 MilesResearch Triangle Park 41 MilesRDU Airport 45 MilesDowntown Raleigh 56 MilesDowntown Durham 33 MilesDowntown Burlington 2.4 MilesDowntown Greensboro 22 MilesPTI Airport 36.3 MilesPort of Wilmington 192 MilesCharlotte 123 MilesDanville, VA 35 Miles

• ConvenientlylocateddirectlyoffUSHighway70.Site being located minutes from the heart of growing Downtown Burlington, it maintains very high visibility. TrafficCountatUS70N.ChurchSt:19,000N.Gra-hamHopedaleRd:9,100.WhilemajorInterstate40/85minutes away with about 98,000 cars per day. Centrally located in North Carolina Midway along the East Coast Corridor, Where the Triangle meets the Triad.

Tarheel Missile Plant 204 North Graham Hopedale Road, Burlington, NC

Pedro J. Carreno InfinitoRealEstateGroup,L.L.C.

[email protected]. Box 2366

ChapelHill,NC27515Tel:516-967-5294

www.InfinitoResources.com

Disclaimer: no warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

Page 5: Opportunity Zone Re-Development - LoopNet...place. Unleash your conceptual design and vi-sion and tap to this unique wealth of resources, transforming this infrastructure and facilities

Property Highlights and Information

Tarheel Missile Plant

820,000Sf+/-HistoricLandmark 820,000+/- SF., 26 buildings, 29.64 acres of land, Tar Heel Army Missile Plant, was listed on

the register for its military manufacturing, development and testing beginning in 1942. At its peak, 4,500peopleworkedatthefacility,becomingamajoremployerforthearea.Thestandardsofcon-struction implemented on most of the buildings, exceeds any and all standards for today’s construc-tion.Themajorityofthesebuildingsarenotfinancialviabletobereplaced,alongwithitspricelesshistorymakethisamustrevitalizationproject.Eachbuildinghasituniquecharacterandqualities,infrastructureisadjacent,high-speedcommu-

nications, abundant power, water-sewer capacity, DOT is implementing an enhancement for Graham HopedaleRoadandUS70intersectionandcorridor.

The possibilities are endless, the county, municipality and its community have the best disposition to facilitate the restoration and revitalization. Excellent OPPORTUNITY ZONE redevelopment project! There are significant tax benefits for investors who put their capital gains into Qualified Opportunity Zone Funds. These funds are searching for rare and uquique opportunities like Tarheel Missile PLant and vecinity.

SomeoftheNorthCarolinalike-kind,completedandsuccessfulprojects: Revolution Mills, Greensboro www. revolutionmillgreensboro.com/ American Tobacco Campus, Durham www.americantobaccocampus.com/ Plant 64, Winston Salem www.plant64.com/TheLoftsatWhiteFurniture,Mebanewww.loftsatwhitefurniture.com/

Developers, bring your big ideas of urban re-vitalization, master planning and expertise to break through history, to preserve this amazing place. Unleash your conceptual design and vi-sion and tap to this unique wealth of resources, transforming this infrastructure and facilities to the vibrant landmark that it was. The best projectsarefullofchallengesandopportunities!

THEWESTERNELECTRICCOMPANYTARHEELARMYMISSILEPLANTMEETSNATIONALREGISTEROFHIS-TORICPLACES.WHICHMAKESPOTEN-TIALDEVELOPERSELIGIBLEFORTAXCREDITS.ALSOPOSSIBLEECONOMICDEVELOPMENTINCENTIVESATFEDER-AL,STATE,COUNTYANDCITYLEVELS.

Additional information contact: Pedro J. Carreño Infinito Real Estate Group, L.L.C. [email protected] P.O. Box 2366 Chapel Hill, NC 27515 Tel: 516-967-5294

Page 6: Opportunity Zone Re-Development - LoopNet...place. Unleash your conceptual design and vi-sion and tap to this unique wealth of resources, transforming this infrastructure and facilities

Property Highlights and Information

Best Use Mixuse Redevelopment - Multifamily Office,Retail,Industrial Institution, Educational, Athletic, etc.Total Acres 29.64 & 10Total Square Feet 820,000 +/-Parcel Number 139757-139443-139445 &147805County AlamanceCeiling Height 12’-40’LoadingDocks MultipleYearBuilt 1927(InitialConstructionCompleted)

Disclaimer:nowarrantyorrepresentation,expressedorimplied,ismadeastotheaccuracyoftheinformationcontainedhereinandsameissubmittedsubjecttoerrors,omissions,changeofprice,rentalorotherconditions,withdrawalwithoutnotice,andtoanyspecificlistingconditions,imposedbyourprincipals.

204 N. Graham Hopedale Road - Burlington, NC

Page 7: Opportunity Zone Re-Development - LoopNet...place. Unleash your conceptual design and vi-sion and tap to this unique wealth of resources, transforming this infrastructure and facilities

The Western Electric Company- Tarheel Army Missile Plant meets National Register of Historic Places

Disclaimer:nowarrantyorrepresentation,expressedorimplied,ismadeastotheaccuracyoftheinformationcontainedhereinandsameissubmittedsubjecttoerrors,omissions,changeofprice,rentalorotherconditions,withdrawalwithoutnotice,andtoanyspecificlistingconditions,imposedbyourprincipals.

204 N. Graham Hopedale Road - Burlington, NC

Page 8: Opportunity Zone Re-Development - LoopNet...place. Unleash your conceptual design and vi-sion and tap to this unique wealth of resources, transforming this infrastructure and facilities

Why Burlington, NC?

Facts• Burlingtonisthe17thlargestcityinNorthCarolina..• BurlingtonisenclavebetweentwomajormetropolitanareasTriangle(Ra-

leigh,Cary,ChapelHill,Durham)&Triad (Greensboro,WinstonSalem,HighPoint).Eachmetropolitanareaiswithindrivingdistance.

• Interstates 85 and 40 makes the city accessible from the north, south, east and west US.

• This region of North Carolina (Alamance County) is experiencing auniquegrowth,attractingmajor corporate, small businessandnewen-trepreneurs.

• Highly skilled work force & top-rated education systems within minutes (Over204-YearUniversities, community Colleges & other Higher educa-tionswithindrivingdistance)

Site Demographics 1MILE 3MILES 5MILES POPULATION 9,793 53,615 90,753 NUMBEROFHOUSEHOLDS 3,978 21,461 35,809 AVERAGEHOUSEHOLDINCOME $46,384 $51,127 $58,286

Sports Teams & Venues Miles from Burlington

Burlington Royals .5 mile Greensboro Grasshoppers 22 miles Durham Bulls 35 miles Winston Salem Dash 49 miles Carolina Panthers 113 miles Charlotte Hornets 113 miles Charlotte Hounds 114 miles Carolina Hurricanes 52 miles Charlotte Motor Speedway 99 miles Martinsville Speedway 51.5 miles

History

“Burlington is a community born of the railroad, bred on the loom and builtonanabilitytoturnadversityintoopportunity.Effortstoimprovelifein the community we know today as Burlington began even before our city was formed. Citizens here, learning of a plan for a railroad line across the state, campaigned to have the tracks come this way. The positive economic impact was needed to give growth to our rural, agricultural community.”

http://www.ci.burlington.nc.us/62/City-Historyhttp://nchistory.web.unc.edu/burlington-north-carolina/http://www.burlingtonnc.gov/EDhttp://www.ci.burlington.nc.us/9/Visitorshttp://www.alamancechamber.com/http://www.burlingtondowntown.com/http://www.visitalamance.com/

Disclaimer:nowarrantyorrepresentation,expressedorimplied,ismadeastotheaccuracyoftheinformationcontainedhereinandsameissubmittedsubjecttoerrors,omissions,changeofprice,rentalorotherconditions,withdrawalwithoutnotice,andtoanyspecificlistingconditions,imposedbyourprincipals.Aboutfromcity-data.com,ci.burlington.nc.us.

204 N. Graham Hopedale Road - Burlington, NC


Recommended