Cambridge Properties is teeing up an aging retail property in University City for growth and redevelopment.
The Charlotte-based commercial real estate firm filed two building permits with Mecklenburg County on Jan. 26 related to the first of a multi-phased redevelopment planned for Mallard Pointe Shopping Center.
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The filings include permits for phase one, a 300-unit apartment complex that includes about 5,000 square feet of ground-floor retail space and a parking garage.
Phase one will be at 9315 N. Tryon St., a former Kohl’s department store that will be demolished to make way for the new construction.
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