After 45 years at Stonewall and South Tryon streets, the former Charlotte Observer building began being demolished by wrecking crews Monday.
Spraying water to keep the dust down, a machine-mounted claw arm tore through the building’s outer skin Monday, sending chunks of the concrete and glass facade crashing to the ground below. The sidewalk running parallel to the building on South Tryon Street will be closed for a month during the demolition.
A joint venture of Charlotte-based Lincoln Harris and investment bank Goldman Sachs bought the former Observer site earlier this year for $34.1 million. The companies plan to redevelop the two blocks running along Stonewall Street next to Bank of America Stadium and South Tryon Street into a large, mixed-use development.
The Observer has relocated to offices in the NASCAR Plaza tower two blocks away.
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