Aston Properties Announces New Harris Teeter-Anchored Center in Harrisburg, N.C.

Charlotte, N.C., July 30, 2014 – Aston Properties announced plans to develop Caldwell Crossing in caldwellHarrisburg, N.C. on the corner of Caldwell Rd. and Hwy. 49. Construction has begun on the 85,000-square-foot center with an anticipated opening date in late fall 2015.

“We are excited about developing a new shopping center with a first class anchor tenant in Harrisburg that will meet the expanding needs of the fastest growing community in the Charlotte Metro area,” said Jackson Smith, development manager for Aston Properties. “Caldwell Crossing gives us the opportunity to bring more dining options and a new level of convenience retail to Harrisburg and the surrounding area.”

Caldwell Crossing will be anchored by a Harris Teeter grocery store and will include up to 26,000 square feet of small shops. In addition to Harris Teeter and the shops, the center will include two outparcels on University Boulevard (Hwy 49). The intersection of Caldwell Road and Hwy 49 is the western gateway into Harrisburg from Charlotte and is also the location of the first crossing of the future high-speed rail line east of I-485.

“The Town of Harrisburg is very excited to see a welcoming, high caliber shopping center coming to the Hwy. 49 corridor,“ said Mike Rose, Harrisburg town administrator. “We felt this will help to really set the tone for our growing city and increase property values at the same time.”

The 53,000 sq. ft. Harris Teeter store is expected to have a drive-up pharmacy window and express lane ordering and a Starbucks Coffee. The store will be built with green building features such as a white reflective energy efficient roof, motion detection lighting, low-flow faucets, non-ozone depleting refrigerant as well as heat reclamation and energy management systems.

Leasing is being handled by Lauren Hansen of Aston Properties, who is seeking neighborhood services, retail, medical and restaurant concepts, including a tavern-style family dining restaurant.

The buildings were designed by Childrey Robinson and will feature heavy masonry facades with decorative towers and will integrate high-end architectural details throughout the center. The project engineer is Jeff Orsborn with Orsborn Engineering in Charlotte, NC.

There is currently a population of 40,000 within a three-mile trade area with an average household income exceeding $71,000 who will utilize Caldwell Crossing for all necessity shopping goods. A recent release by the U.S. Census Bureau stated that between 2010 and last year, no town grew faster in the Charlotte area than Harrisburg, which increased by nearly 20 percent during that time.

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