Development

New tower cranes are rising on Stonewall Street nearly weekly

A new tower crane (blue) in the foreground at the Northwood Ravin construction site on Stonewall Street. In the background, another blue tower crane is in place at a separate construction site, this one for Proffitt Dixon apartments.
A new tower crane (blue) in the foreground at the Northwood Ravin construction site on Stonewall Street. In the background, another blue tower crane is in place at a separate construction site, this one for Proffitt Dixon apartments.

If you haven’t driven down Stonewall Street in a while, you might not recognize it the next time you’re uptown.

Along the single most active street for construction in Charlotte, workers have finished erecting the newest tower crane on the block. The blue Heede Southeast crane stands above the construction site at Stonewall and Caldwell streets. That’s where Northwood Ravin is building a 20-story tower and a mid-rise apartment building, called Uptown 550 at Stonewall, that will total 421 new apartments and include ground floor retail.

Now, a block away at the former Actor’s Theatre site, the base is set up for yet another tower crane on Stonewall Street, which workers will erect in the coming weeks. This site will be home to the Montage building, a mid-rise with 302 apartments. Developer Proffitt Dixon, which built the Presley apartments two blocks away on Stonewall, is behind the project.

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Rendering of the Montage apartment project on Stonewall Street by Proffitt Dixon. Axiom Architecture

Both the Proffitt Dixon and Northwood Ravin apartments are expected to open in mid-to-late 2018.

And just down the street, that’s also when Crescent Stonewall Station is expected to be complete, including 450 apartments and a Whole Foods. Two hotels on the site will follow. Another block away, Lincoln Harris and Goldman Sachs are building a 33-story office tower on the former Charlotte Observer site, the first phase of another new development.

Ely Portillo: 704-358-5041, @ESPortillo

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