What's In Store

Retail changes underway at prominent Trade and Tryon tower

Rendering of the newly designed facade of 101 N. Tryon
Rendering of the newly designed facade of 101 N. Tryon Courtesy of CBRE

Retail space in the soon-to-be-renovated ground floor of 101 Independence Center is being marketed, and construction should kick off early next year.

The idea behind the project at 101 N. Tryon St. is to make the Trade and Tryon intersection, at the heart of uptown, more inviting with a sleek new design and new retail tenants. There’s a demand to add a full-service restaurant to the prominent building given the growth of uptown Charlotte, says Mike Lucier, vice president of retail services at CBRE in Charlotte.

A larger restaurant, possibly an upscale one, will occupy 10,554 square feet of the renovated space, with more room outside for patio seating, says Lucier, who was tapped by the building’s new owners to spearhead retail development of the lobby.

Another retailer, maybe another restaurant, will occupy 7,922 square feet that includes the former spot of Tin Tin Box and Noodles, a popular lunch spot that closed last month. The project includes combining Tin Tin’s space with another that’s been vacant for a while and giving the new large space access to Tryon Street, Lucier says.

The rest of the existing restaurants in the lobby, including Starbucks, Shomars and Newks, will remain, Lucier says.

Lucer says the space could occupied by local or national retailers.

The 20-story office tower was sold this spring to Cornerstone Real Estate Advisors and LRC Properties.

Katherine Peralta: 704-358-5079, @katieperalta