The New 24/7 Retail Centerpiece of the Carolinas

Be a part of the pre-eminent new 24/7 lifestyle/mixed-use development in the Carolinas – Augustalee, located just 20 minutes north of Charlotte via I-77 in Cornelius, N.C.

This project combines retail with Class A office, high-end residential, and over 350 full-service hotel rooms. There is nothing like it in the dynamic Charlotte Region, an exceptionally resilient economic environment.

Augustalee is conceived by the Bromont Group of Companies and is designed by the Carolinas’ leading architectural, design and land planners, and engineering firms, producing unsurpassed quality of design and construction, resulting in timeless sustainability. The project architects have extensive experience working with retailers of all sizes, including top national brands, to help them achieve retail space details and interiors that are highly attractive and functional.

All the retail space is on the ground floor of the main mixed-use buildings, each with four to six floors of high-end residences above them, helping to ensure day and night demand for products and services, seven days a week. Office users will provide a built-in customer base on weekdays, and residents will be there to shop, dine and enjoy amenities on nights and weekends.

The affluent Lake Norman area, surrounding one of North Carolina’s largest lakes (32,510 acres of water surface), continues to attract residents from all over the country because of its superb combination of lifestyle and interstate access, so close to Charlotte, one of America’s top 20 metro areas.

Here are some key demographics:
• 6 percent annualized growth rates over the past 10 years
• Growth trends projected in excess of 3.8 percent annually over the next five years
• 33.2 percent of the Primary Market Area have incomes greater than $100,000

• 39.7 percent have bachelor degrees or higher.

Augustalee is currently in the detail design and engineering phase, with plans to begin construction in late 2009 and open approximately two years later. Construction will also include a new Exit 27 at I-77 and Westmoreland Road, providing outstanding interstate highway access and visibility for the project.

Leasing Information
For more information, contact our retail leasing agent with CB Richard Ellis: Tina Long, tina.long
@cbre.com
or 704-331-1285. You may also use our convenient online contact form. To download our retail leasing brochure click here.

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