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Team members from the Urban Land Institute learn about UNC Charlotte's NASCAR engineering program during a 2008 visit. University City Partners hosted the ULI team's three-day visit, which culminated in a conference and report by the team on how University Research Park might continue to grow.
The state of North Carolina allows the formation of special tax districts, in other states called Business Investment Districts, to promote areas within its cities. In July 2003, Charlotte City Council authorized the formation of University City Partners in the area immediately adjacent to the University of North Carolina at Charlotte and around a proposed light-rail line. Based on that first five years of work, the City allowed the tax district to more than double in size and triple in budget in July 2008. That allowed UCP to expand its staffing to three full-time employees in 2008 and open an office in the district.
UCP has: