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AvidXchange Music Factory1000 Music Factory Blvd.| Charlotte, NC
PROPERTY OVERVIEW
LAKE WYLIE
ABOUT:
AvidXchange Music Factory, located in Uptown Charlotte, is a 275,000 SF entertain-
ment district that combines a unique mix of office, restaurant, bar and entertain-
ment space. Housed in a converted mill built in 1900, the Music Factory showcases
its history with original brick and wood elements fused with modern design. Pay-
ment automation company, AvidXchange bought naming rights to the facility and
moved its headquarters to the site in 2017 with a brand new 200,000 SF building
that accommodates up to 1,000 employees. This, combined with the recently com-
pleted Cadence Music Factory Apartments, creates a highly desirable space for of-
fice and retail users.
BY THE NUMBERS: 6-10 Festivals per year with average of 5000 attendees
600+ Shows & Concerts Per YearThe Fillmore: 150
Underground: 150+Comedy Zone: 300+
*per year
VisitorsAge range of 21-40
evenly splitbetween men & women
15 Restaurants, Bars, & Performance Spaces
5,000 Seat Amphitheaterand a 2,000 Seat
Live Music Hall
Est. 1.9 Million Visitors in 2017
205Units at the
Cadence Music Factory
CURRENT AVAILABILITY
SPACE DETAIL:
Square Footage: +/- 21,321 SF
Use: Office
Zoning: MUDD -0
Lease Rate: $25.50/SF (includes water)
ABOUT:
+/- 21,321 SF office space for lease. Mix of open work stations and private offices.
FLOOR PLAN
Floor Plan for +/- 21,321 SF Available Space
CURRENT AVAILABILITY
SPACE DETAIL:
Square Footage: +/- 4,045 SF
Use: Office
Zoning: MUDD -0
Lease Rate: $25.50/SF (includes water)
Steve StoeckelMusic Repair
Center
CURRENT TENANTS
PROPOSEDMULTIFAMILY
CONCEPTUAL MASTERPLAN CHARLOTTE, NORTH CAROLINA25 SEPTEMBER 2017
SCALE: 1” = 50’-0”
CONCEPTUAL MASTER SITE PLAN
HOTEL
1000 EmployeesPotential for additional1000 Employees
Potential for additional1000 Employees
Potential for additional1000 Employees
PARKING:Proposed Parking RequirementTotal Office SF: 805,680 sf
Parking @ 4.5/1,000 3,625 Spaces
Total Hotel: 200 Rooms 109 Spaces
Total Multifamily: 440 Units @ 1.5/Unit 660 Spaces Total Spaces Required: 4,394 Spaces
Proposed Parking ProvidedProposed Surface Parking Provided 719 Spaces
Proposed Phase 1 Deck w/Expansion 1,191 Spaces
Proposed Multifamily Deck 675 Spaces
Proposed Phase III Parking Deck 1,872 Spaces Total Spaces Provided: 4,457 Spaces
LEGEND: Existing Office Proposed Office Parking Deck Proposed Hotel Proposed Multifamily
Quick Fact:When Complete, the AvidXchange Campus will house 4000 employees
AVIDXCHANGE
AvidXChange payment automation company moved its headquarters to the Music Factory campus in 2017. The 200,000 SF building accomodates up to 1000 employ-ees. Per the company CEO Mike Praeger, the Charlotte Business Journal’s 2017 Person of the Year, the compa-ny plans to have an identical building completed in 2019.
AvidXchange Headquarters• 200,000 SF Office Building• Completed in 2017• Houses 1000 Employees• Identical second building is set to be completed in 2019.
AVIDXCHANGE IN THE NEWS
AREA MAP
Uptown
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6
7
Multifamily Developments Existing, Under Construction or Planned
8 Alpha Mills, Existing
Mercury NoDa, Existing
Novel NoDa, Existing
NRP, Planned
Beauwright, Planned
Wood Partners, Planned
Southern Apartment Group, Planned
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9
11
13
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15 Proffit Dixon, Planned
Faison, Planned
Eller Capital, Planned
Peridoe on the Greenway, Planned
Highland Mills Lofts, Existing
Yards at NoDa, Existing
The Lofts at NoDa Mills, Existing
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22 Tompkins Hall Apartments, Planned
Cadence Music Factory, Existing
AvidXChange Music Factory Apartments, Planned24
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15
14
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20
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21
4
8
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3
25 Skyhouse Uptown North Apartments, Existing
Ascent Uptown Apartments, Existing
Circa Uptown, Existing
The Mint, Existing
The Vue, Existing
Catalyst, Existing
Element Uptown, Existing
Novel Stonewall Station, Existing
Quarterside, Existing
Enclave, Existing
26
25
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27 New Uptown Hotel Developments1 Grand Bohemian - 254 Rooms, Under Construction
Intercontinental - 270 Rooms, Under Construction
AC/Residence Inn - 300 Rooms, Under Construction
Springhill Suites - 195 Rooms
Kimpton Tryon Park - 217 Rooms
The Ivey’s - 42 Rooms
Embassy Suites - 250 Rooms
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3031
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3433
Photo Credit: MYJIVE
AROUND THE MUSIC FACTORY
W H I T N E Y F R E E B U R N • J I M M Y F L O W E R S T h e N i c h o l s C o m p a n y | ( O ) 7 0 4 . 3 7 3 . 97 97 | ( F ) 7 0 4 . 3 7 3 . 97 9 8
[email protected] • [email protected]
www.thenicholscompany.com | 1204 Central Avenue, Suite 201, Charlotte, NC 28204
