Development

Major renovations underway at 400 South Tryon

Rendering of the updated lobby at 400 South Tryon
Rendering of the updated lobby at 400 South Tryon Studio Fusion

An office tower in uptown is set to get a major facelift, as the building’s owners seek to upgrade the space and attract retail tenants.

Work is underway in the lobby at 400 South Tryon, owned by a joint venture between Trinity Capital Advisors and DRA Advisors LLC. The $2.2 million upgrade will include new gathering spaces, materials such as white polished stone and porcelain and zebrawood, backlit wall panels and LED lighting.

“Our tenants and the public won’t recognize the lobby when we’re done,” said Gary Chesson, founding partner at Trinity Capital Advisors, in a statement. The building is also opening a 4,000-square-foot fitness center for tenants this week, featuring locker rooms, workout equipment and showers.

Charlotte-based Studio Fusion is leading the design team.

The 33-story, 636,450-square-foot building is about 92 percent occupied, with Duke Energy as the major tenant. The eighth and ninth floors are vacant, offering 36,000 square feet of contiguous space for lease.

The office building’s owners are also launching a new effort to market vacant retail space, hiring Adam Williams of Legacy Real Estate Advisors. There are 8,000 square feet of retail space available in the building at Martin Luther King Boulevard and Church Street, facing Romare Bearden Park.

Ely Portillo: 704-358-5041, @ESPortillo

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