One Year of Measurable Impact

Progress at The Pearl

Charlotte’s innovation district is where excellence is learned, shared and scaled – a leading hub for healthcare innovation bringing together medicine, science, education and community to accelerate what is possible.

Year One Impact

Built to bring people and ideas together

In just its first year, The Pearl has quickly taken shape as a dynamic, working hub — bringing together students, scientists, startups, surgeons and the community in one connected place in Midtown Charlotte.

$224M
Total Economic Impact
2,270+
Jobs Supported
330
Events Hosted
18,000
Visitors Welcomed
Celebrating One Year

Building Momentum

The Pearl is already coming to life in Midtown Charlotte — home to a thriving medical school, global surgical training through IRCAD North America, a growing biotech presence at Connect Labs, new residential development underway and an expanding Wake Forest University footprint beyond medicine. The blueprint is becoming a neighborhood.

What's Next

What's Taking Shape

A snapshot of what's underway and what's ahead across The Pearl that will be updated regularly as key milestones are achieved.

  • Underway Construction Continues Ground has been broken on the next phase of development at The Pearl, advancing its continued buildout.
  • Opening Soon Café in the Education Building A new food destination at the heart of the district — designed to pull students, tenants and neighbors into the same room at The Pearl’s Howard R. Levine Center for Education building.
  • This Fall K-12 STEAM Lab Work is underway on a dedicated lab space for Science, Technology, Engineering, Arts and Mathematics education for local K-12 students in The Pearl’s Howard R. Levine Center for Education building.
Our Story

The Pearl's evolution since its inception

From its historical roots, to a name unveiled in spring 2022, to opening day, to a district full of partners — trace the milestones that made The Pearl real.

Brooklyn flourishes in Charlotte
1900s–1970s

Brooklyn flourishes in Charlotte

A vibrant, predominantly Black neighborhood in Second Ward filled with families, active businesses, schools and a place of worship. At its core is “Pearl Street Park,” the first park built on land that the city of Charlotte purchased for Black residents. In the 1960s and 1970s, Brooklyn was torn down in the name of “urban renewal.”

A new vision emerges
2010s

A new vision emerges

A bold partnership between Atrium Health and Charlotte’s civic leaders sparked a new idea: a mixed-use innovation district designed to connect people, advance health and expand opportunity.

Future · At Full Buildout

The long view

The Pearl’s plan calls for residences, a hotel, office/innovation space, retail and public space.

38
Acres at full buildout
$1.2B
Expected annual economic impact
$24M
In local and state taxes generated
Voices

From the people building it

Dennis Miller
Dennis Miller
Senior Vice President and Market Executive

The Pearl exists because of the power of community, partnership, and a collective commitment to creating lasting value for academia, industry, and the Charlotte community. And this is only the beginning — the next phase is already underway, further strengthening The Pearl’s role as a catalyst for innovation, discovery and economic growth.

L. Ebony Boulware
Dr. L. Ebony Boulware, MD, MPH
Dean, Wake Forest University School of Medicine

At Wake Forest University School of Medicine, we are intentionally reimagining medical education to meet the evolving needs of patients, communities and the healthcare workforce. Our expansion to Charlotte reflects a deliberate, long-term vision to develop physician leaders through academically rigorous, community-connected training environments, anchored in the nation’s emerging health innovation district, The Pearl. By training physicians in the communities they serve — both urban and rural — we increase the likelihood they will remain in the state, helping improve access to high-quality care statewide.

Dionisios Vrochides
Dr. Dionisios Vrochides, MD, PhD, MBA
Executive Director, IRCAD North America

What excites me the most is the immediate application of remote surgery intervention for experiential education and rapid cycle R&D and the applications that might come in the clinical arena. This IRCAD North America is a very exciting space. Healthcare systems like Advocate could use this to disrupt clinical care.