Demolition has begun at the former site of The Charlotte Observer.
Tear-down work started on a building across Church Street from the main building that had housed Observer’s offices.
This year, the Observer relocated to new offices in the NASCAR Plaza office tower, at Stonewall and South Caldwell streets – two blocks from the Observer’s old site.
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Mecklenburg County records show permits to raze structures at Stonewall and South Tryon streets were issued last month. D.H. Griffin Wrecking Co. will handle demolition.
The permits indicate the project will cost $4.2 million. Most of that, $3.5 million, will be for tearing down the Observer building, at 600 S. Tryon St.
The rest will go to demolishing the second portion of the Observer site, between Church and Mint Streets, adjacent to Bank of America Stadium.
A company affiliated with Charlotte development firm Lincoln Harris and New York-based investment bank Goldman Sachs bought the former Observer site in a $34.1 million deal that closed in May.
The company purchased the property from the pension fund of Sacramento-based McClatchy, the Observer’s parent company.
Although Lincoln Harris hasn’t said what it is planning for the 9.4-acre site, preliminary plans filed with the city indicate it will be a mixed-use development.
Observer staff writer Ely Portillo contributed.