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Market Watch: Huntersville

Jul 9

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Where is Huntersville?

Huntersville is a large suburban town in northern Mecklenburg County, North Carolina. It's part of the Charlotte metropolitan area, about 12–15 miles north of Uptown Charlotte along I‑77.

It’s considered the gateway to Lake Norman—the largest man-made lake in North Carolina—and is one of the fastest-growing areas in the state.


General Boundaries

  • South: Charlotte city limits (Highland Creek area)

  • North: Mooresville area

  • West: Lake Norman (Catawba River shoreline)

  • East: Concord/Kannapolis region (Cabarrus County border is nearby)


Major Geographic Features

Lake Norman

  • Forms the entire western border of Huntersville.

  • 520 miles of shoreline; boating, fishing, waterfront homes.

Greenways & Parks

  • Extensive greenway system (Huntersville's portion of the Carolina Thread Trail).

  • Latta Nature Preserve (1,460+ acres of protected land along Mountain Island Lake).

  • Rural Hill historic site, Blythe Landing


*Birkdale Village

Origins & Design

Launched in 2003 on a former 52‑acre equine farm as a pioneering New‑England‑inspired, mixed‑use development, Birkdale was built with pedestrian appeal—residential units sit atop retail, a theater, office space, and a central green—earning a 2004 ICSC design award.

Current Amenities & Lifestyle

Today it’s a vibrant hub featuring around 60 shops and services, about 10 eateries, a 16‑screen theater, gym, supermarket, greenway access, and quick routes to Lake Norman—all within walking distance.  Hosts over 100 events annually, including concerts, festivals, farmers’ markets, and holiday celebrations. Retail tenants span national brands (Lululemon, Apple, Barnes & Noble, Dick’s, Total Wine & More) alongside local boutiques. 

Modernization Efforts

Since 2020, a joint venture led by Nuveen & North American Properties revitalized the center—adding a new plaza, performance stage, “Tiny Retail District” pods, refreshed storefronts, digital upgrades (Wi‑Fi, directories), and a rebranded concierge experience (Birkdale Village).

Upcoming Expansion (~$200 M)

Approved in March 2025 (5–1 vote), this ambitious expansion will add:

  • Boutique hotel (~125 rooms)

  • 150-unit residential building (including 10 affordable/AMI units)

  • ~122k sq ft Class-A office space

  • ~26.7k sq ft additional retail

  • Two larger parking decks adding ~500+ spaces (total ~2,500)Phased construction is slated to begin in early 2027, after NC‑73 road widening - Click here to go to the axios article!

Economic & Community Impact

The expansion is expected to generate ~$200K in annual property taxes, ~$212M in annual employment-related spending, create ~500 construction jobs, and include land contributions toward infrastructure improvements—like the Townley Road bridge and pedestrian bridge over NC‑73 (lakenormanpublications.com).

*Downtown Huntersville

While Birkdale leads as the standout development, Downtown Huntersville continues to evolve with:

  • Residential Infill & Boutique Living-New apartment and townhome projects are shaping the historic downtown, offering options for those seeking walkable lifestyles close to shops and dining.

  • Retail & Dining Growth-Steady openings of local boutiques, eateries, and service-oriented businesses—especially along Main Street and NC‑115—are driven by Huntersville’s growing residential base and commuter traffic.

  • Upcoming Parks & Green Spaces-Adjacent new developments (e.g., Eastfield “adventure park”) and ongoing greenway trail expansions are enhancing passive and active recreation options near downtown.


*Other Current Developments/Happenings:

 Station South – 21‑acre rezoning just north of Sam Furr/Old Statesville

  • In March 2025, Huntersville’s planning board approved rezoning for Station South, a 21.3-acre development of 348 residential units plus ~25,000 sqft of commercial space (restaurants, retail, offices) (bizjournals.com).

  • The site is adjacent to the planned Red Line rail stop and I‑77, with developer promises including a 25,000‑sqft parking deck to ease Sam Furr traffic (wsoctv.com).

Transit: Hambright Park & Ride & Red Line Railway

  • A new 500‑space park & ride lot near Hambright Road is planned to support bus rapid transit and future Red Line rail; design is underway in 2025, construction 7/2025–12/2026, with opening by 2027 (axios.com).

  • The proximity of Station South to a proposed Red Line stop suggests a transit-oriented corridor is taking shape.

 Greenways & Street Resurfacing

  • Mecklenburg County (including Huntersville) is adding 16+ miles of greenways, with several key trail expansions scheduled through 2024 and beyond—some close to Old Statesville Rd (wsoctv.comaxios.com).

 Traffic & Infrastructure

  • Growth in Huntersville—from 3,000 residents in 1990 to over 61,200 today—has strained roads along Old Statesville, Sam Furr, and I‑77.

  • Though North Carolina DOT is widening US 21, upgrading Sam Furr Road, implementing diverging diamond interchanges, and extending Express lanes on I‑77, congestion is expected to worsen before the full benefit kicks in (axios.com).

Summary Snapshot

Project

Location

Status & Timing




Station South

N of Sam Furr & Old Statesville Rd

Rezoned Mar 2025, planning in progress

Birkdale Expansion

Downtown Huntersville

Approved Mar 2025, build begins by 2027

Park & Ride

Hambright Rd / I‑77 corridor

Construction 2025–26, opens by 2027

Greenways

Countywide impact

Multi‑mile trails added through 2024/25

Roads & Transit

Routes in/out of Huntersville

Widening/upgrades ongoing through 2025+





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