University City is about to get a lot bigger. Nonprofit organization University City Partners (UCP) recently launched a community investment plan aimed at improving the area's look, feel, and overall experience for residents, employees, and visitors.

The push comes as the area continues to evolve. Earlier this year, UCP announced plans to rebrand The Shoppes at University Place as "The Boardwalk at University City," bringing facade upgrades and new retail and dining options to the longtime mixed-use hub.

A rendering of a shopping center with The Atrium lettering above a wooden pergola and another that reads "Seafood." — The Boardwalk at University City plans to add new restaurants, retail, and amenities. | Rendering via Red Hill Ventures

Millage increase

If approved by the City of Charlotte, the proposed plan will increase the municipal service district (MSD) rate from $0.0262 to $0.0380 per $100 of property value and expand its northern boundaries to Mallard Creek Church Road.

What that means: A home valued at $365,000, would see an increase of about $43 per year, or $3 per month.

The funds would be used to build arts and activation areas, support future planning, and implement a new safety and cleanliness initiative, like creating an ambassador program for easy wayfinding in the area.

How you can weigh in

UCP recently held a virtual information session on the project before its public hearing session with Charlotte City Council happening Monday, May 11, at 6:30 p.m.

What's next?

City council is anticipated to vote on the increase on May 23. If approved, UCP plans to start with safety and cleanliness initiatives within the first year, followed by discussions to reimagine the lake and University Research Park.