CHARLOTTE, N.C. -- Charlotte city leaders are excited that they are moving forward with the next part of the CATS LYNX Gold Line.
On Wednesday, Charlotte Mayor Patrick cannon announced the city gained approval from Federal Transit Administration to seek funding for Phase 2 of the Street Car project.
The city will apply for $63 million in federal funds and plans to use non-property tax capital funding for its part of the 10-mile project which will connect Charlotte’s east and west sides.
“We didn't go down a road where people thought we were going to end up raising their property taxes,” Said Mayor Patrick Cannon, “This will help us to connect with other parts of our city as we talk about the eastern portion and the western portion.”
Phase 2 will run from Johnson C. Smith University to the Transit Center in Uptown and then from Presbyterian Hospital to Sunnyside Avenue. Once complete the project would cover more than 10 miles.
Mayor Cannon said that, once complete, the Gold Line would mean more than one $4 million to $7 million of increases to the property tax base with more than 730 new residential units along the line’s route.
The line is also expected to spur more than 300,000 square-feet of retail and office space along the line.
For Wanda Ebright, Assistant Professor at J.C. Smith University, the new lines means better access for her students and people on Charlotte’s west side.
“I think it’s wonderful ‘cause it's amazing for the people and students of the west end cause people have been cut off from all the exciting things that happen uptown.”
She said, “Having access to plays and museums and exciting nightlife and things to do, it’s going to actually really benefit this whole side of the city.”