Charlotte Looking At Alternate Eastland Mall Development Options - myfoxcarolinas.com

Charlotte Looking At Alternate Eastland Mall Development Options

Posted: Updated:
The City of Charlotte's Economic Development Committee voted not to extend a memorandum of agreement with Studio Charlotte in the redevelopment of the old Eastland Mall property. The committee is moving forward with a redevelopment approach that would break the property up into smaller parcels.

Brad Richardson, Economic Development Manager for the City of Charlotte said, "We didn't feel like we had the information that gave us enough comfort to mitigate the risk in a relationship with one developer." Studio Charlotte had asked for more time to find out what type of incentives state lawmakers may provide for filmmakers, but the Economic Development Committee said it was time to move on and consider other redevelopment projects for the former Eastland Mall site.

The city says it's still interested in continuing talks with Studio Charlotte after the memorandum of understanding between the two expires March 31. A smaller space at the back of the site would be reserved for a film studio to possibly locate, but the recommendation from city staff is to sever the exclusive relationship with Studio Charlotte.

The plan has to be voted on by Charlotte City Council. The committee tells us it will be placed on city council's agenda for Monday's meeting.

What do you think about the commission's decision to end the agreement with Studio Charlotte? We want to hear from you. Email Robin.Kanady@foxtv.com or Tweet @RobinFox46 or @Fox46Carolinas.

  • Local NewsMore>>

  • Mooresville Woman Sending Special Bandanas To Troops

    Mooresville Woman Sending Special Bandanas To Troops

    Monday, September 1 2014 10:31 PM EDT2014-09-02 02:31:29 GMT
    A Mooresville woman is sending bandanas to troops overseas. But these are not just ordinary bandanas, they are from Operation Bandanas.
    A Mooresville woman is sending bandanas to troops overseas. But these are not just ordinary bandanas, they are from Operation Bandanas.
  • A Holiday Dedicated to Working People Ends Up With Protests

    A Holiday Dedicated to Working People Ends Up With Protests

    Monday, September 1 2014 10:22 PM EDT2014-09-02 02:22:19 GMT
    Marshall Park in Charlotte was filled with hundreds of people. Protesting what is traditionally a holiday aimed at celebrating the working people, but instead, begging for higher wages for those working jobs with hourly rates.
    Marshall Park in Charlotte was filled with hundreds of people. Protesting what is traditionally a holiday aimed at celebrating the working people, but instead, begging for higher wages for those working jobs with hourly rates.
  • Third Annual 'Yard Art Day' in Charlotte

    Third Annual 'Yard Art Day' in Charlotte

    Monday, September 1 2014 9:42 PM EDT2014-09-02 01:42:30 GMT
    It's a day where so called ‘yardists' decorate their yards with art.
    It's a day where so called ‘yardists' decorate their yards with art.
Powered by WorldNow

WJZY FOX 46
3501 Performance Rd.
Charlotte, NC 28214
Main Number: (704) 398-0046

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices