Development

Another new Charlotte office tower is ‘topping out’ Thursday

300 South Tryon, as seen from a construction camera.
300 South Tryon, as seen from a construction camera.

Construction is speeding ahead on Charlotte’s newest crop of towers, and 300 South Tryon is marking the placement of its highest steel beam Thursday.

Known as a “topping out,” the occasion marks the completion of vertical construction on a project. The 25-story, 630,000 square-foot building is anchored by Barings (formerly known as Babson Capital). Developed by Spectrum Properties, the site also includes a 19-story, 217-room Kimpton Hotel and a 408-space underground parking garage.

Other new towers are also coming along. The Mint Museum apartment tower is nearing completion, with an expected opening later this year or early next. The Ascent apartment tower at Third and Poplar streets topped out this summer. And 615 South College, an office tower that recently signed its first tenant, plans to top out next month.

All of that means some of the most prominent additions to Charlotte’s skyline are closer to completion than to the start of construction. But they’re not the end of the building boom: A new hotel atop the EpiCentre, another hotel next to Time Warner Cable Arena, the apartments under construction at Crescent Stonewall Station, and projects to come including Tryon Place and Lincoln Harris’ plans for the Observer site – well, if you add it all up, you can see that there are a lot more topping out ceremonies to come.

Ely Portillo: 704-358-5041, @ESPortillo

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