The booming area could be a big draw for future tenants, Craig said. The old warehouse is about a five-minute walk from the Lynx Blue Line extension, and it’s within half a mile from seven new apartment projects, or over 1,500 units.
Similar to the development in South End, new offices, apartments, restaurants and breweries have been springing up along the Blue Line extension as the 9.3-mile, $1.2 billion project takes shape.
Last month, Charlotte Area Transit System authorities said that the Blue Line won’t open in August as previously planned, and might not carry passengers until next March.