Mosaic Village

Charlotte City Council agrees to subsidize a part of the Mosaic Village development, adjoining Johnson C. Smith University, the primary tenant. The $29 million mixed-use project will include:

• 6,800 sqft of retail space
• 80 student dorm room
• 45,000-sqft art learning center and office building
• 403-space parking deck with 223 public parking spaces

City subsidy of $3.2 million in exchange for spaces in a parking deck from city's Business Corridor Fund.
Reimburse the developer up to $181,860 for expenses from public right-of-way improvements.
In addition, the city pledging to build a streetcar line along West Trade Street.

Located on West Trade Street in the depressed northwest corner of downtown is to be built by Griffin Brothers.



City will subsidize West Trade development | The Charlotte Observer Newspaper