The N.C. Department of Transportation and the Charlotte Chamber hosted a ceremony Friday in north Charlotte dedicating the final segment of the Interstate 485 outer loop to H. Allen Tate Jr.
Tate founded Allen Tate Co. in 1957 and turned it into the largest residential real estate company in the Carolinas.
In addition to Tate’s career in residential and commercial real estate, he has been a longtime proponent of transportation improvements throughout the region. He was executive chair of the Charlotte Chamber’s Regional Roads Committee. In 2008, he led the charge for I-485 to be completed ahead of schedule, as well as the widening of I-85 in Cabarrus County and I-485 south of Charlotte.
“For the past 50 years, there has been no greater champion that Allen Tate for the planning, funding and building of roads to meet the demands of our region’s growing population,” said Charlotte Chamber Chief Executive Bob Morgan. Also in attendance were N.C. Gov. Pat McCrory and Ned Curran, chairman of the N.C. Board of Transportation.
The board approved the dedication in January, following approvals by the Charlotte City Council and the Huntersville Town Council last fall.
The final 5.7-mile segment of I-485 stretches from Old Statesville Road to I-85. It will complete the 67-mile loop around Charlotte.