CHARLOTTE, N.C. — The U.S. Department of Transportation announced a $15 million RAISE grant award to the City of Charlotte for the redevelopment of its’ uptown transit center on Friday.
Transit officials say the grant of $15 million will help offset City costs associated with the proposed redevelopment of the Charlotte Transportation Center (CTC).
The project proposes a vertical mixed-use development, electric charging bus infrastructure, and improved connectivity to the LYNX Blue Line and City LYNX Gold Line, according to a news release.
Officials say a major highlight of the project is a proposed state-of-the-art bus facility allowing CATS to continue the mission of building a better bus network.
The proposed redevelopment project was first announced back in 2019, when City staff announced the facility was nearing the end of its useful life.
Since 2019, officials say staff and the development team have worked on designs and a financing structure for the project.
This information will be presented to City Council this winter, according to a news release.
CATS and the City of Charlotte are expected to announce more details on the CTC redevelopment later on.