On March 15, 2022, a judge issued an order to officially begin the foreclosure. At the time, 30.6% of the EpiCentre was occupied, according to the N.C. The date was set for June 2022 and it was said that property improvements were already underway. Fast-forwarding almost a year to March 2022, the property began foreclosure after an order from a judge.īy August, roughly two-thirds of the shops at the EpiCentre had been shut down, making the destination a virtual ghost town and the future was uncertain.Īfter a few months of no updates, a date for the foreclosure was officially unveiled in December 2021. In June 2021, the owner defaulted on an $85 million loan before the property went into receivership. “It offers a unique destination with new ownership and a new vision that will hopefully attract the finest amenities to the city’s urban core.” “Queen City Quarter will transform the heart of Charlotte’s iconic Uptown into a vibrant corporate and family-friendly hub,” said Compie Newman, managing director of CBRE’s Charlotte office. Ultimately, CBRE Property Management will lead overseeing the management of Queen City Quarter.ĭevelopers are hopeful that all of the changes to the former EpiCentre, which originally opened in 2008, will help the space once again become a sought destination. Significant repairs to the property's courtyard, parking garage, patios and roof are underway and expected to be complete by the end of 2022. Developers also detail in the announcement that all public staircases and escalators will be renovated, along with new landscaping, lighting, and benches. We are uniquely positioned to meet the Charlotte region's energy demands and through these efforts are a driving force of economic development for the region and state.Next, Queen City Quarter will undergo several “significant” overall repairs, including maintenance to the courtyard, parking garage, patios, and roof expected to be completed by the end of the year. “Through these partnerships, UNC Charlotte is supplying well-educated and highly trained engineers qualified to meet the demands of the industry. The center advances interdisciplinary research in energy and prepares future leaders for the energy industry,” said UNC Charlotte Provost Joan Lorden. “EPIC showcases the continued impact of the University’s engagement efforts with the local energy industry. EPIC also has an active board of advisors and unique industry partnership program.ĮPIC encompasses seven major laboratories, where faculty and industry partners work on interdisciplinary research in five primary verticals: In addition to interdisciplinary graduate and certificate programs, the Center now offers an energy concentration for undergraduate students. ![]() In partnership with more than 250 regional corporations that include Duke Energy, Siemens, Framatome, Westinghouse, and the Electric Power Research Institute, EPIC is meeting the needs of these organizations through the expansion of focused academics. We not only met their need, but created a transformational center to aid in applied research and power the region's future.” “Needing all disciplines of engineers, including civil, mechanical and systems as well as electrical, they asked the College to help. "Several years ago, local leaders became concerned about a potential workforce crisis in energy engineering,” said Rob Keynton, dean of The William States Lee College of Engineering. ![]() Offering a collaborative industry/academic partnership, EPIC produces a technical workforce and advancements in technology while supporting the Carolinas’ multi-state economic and energy security. The Energy Production and Infrastructure Center has been in operation for more than a decade and is a centerpiece of the region's exponential growth within the energy industry.
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