Charlotte skyline to change again with a 31-story, $600 million tower in South End
One of Charlotte’s leading developers said Tuesday it is planning another tower in South End — this time a 31-story, $600 million building closer to the edge of uptown.
Crescent Communities and Nuveen Real Estate will develop Carson South End at 1102 South Tryon St., at the intersection of Carson Boulevard. The project will sit on 3 acres.
Construction is expected to start as early as the end of this year and should be completed by 2025, Sagar Rathie, managing director of office at Crescent, told the Observer.
It will include 560,000 square feet of office space, 10,000 square feet of retail space, a 200-room boutique hotel and more than 100 residential units, according to a news release from Crescent.
Crescent will be partnering with Nuveen Real Estate. It was not immediately known when construction would start or what the project cost is.
Details about the new Charlotte tower
The proposed office building will actually be 21 stories, Rathie said, because it will sit atop a 10-story parking deck. The hotel will be shorter than the office building but also sit atop the parking deck. Crescent is expecting to have about 1,300 parking spaces on site.
An elevated terrace will sit between the office and hotel buildings, offering views of uptown and South End, Rathie said.
The apartments also sit on the property, beside the hotel and office.
’Best of both worlds’
Crescent was intentional about not developing this project in the heart of South End, Rathie said. The company wanted to pull the energy and excitement from South End and connect it with the business district in uptown.
“We saw this as the best of both worlds,” Rathie said.
He sees Carson Boulevard as the next “beating heart” of Charlotte. It’s close to the LYNX Blue Line’s Carson station, meaning people can easily get around town, and not far from the interstate.
More towers nearby in South End
Crescent’s projects follow a flurry of tower development news in South End, including two major projects just steps away.
Crescent’s project sits across the street from Midnight Diner. The popular diner will soon be displaced by another major development. Riverside Investment and Development, a developer out of Chicago, is planning a $750 million project.
Those plans call for at least 800,000 square feet of office space and up to 650 residential units.
Crescent’s project is also across the street from Vantage South End, another mixed-use development. The two 11-story office buildings sit on South Tryon Street at Carson Boulevard.
LendingTree’s new headquarters sits in one of the towers and more businesses, including The Good Wurst Co. delicatessen and the Dram & Draught whiskey and cocktail bar, also have signed on.
Crews have already broken ground on a 23-story office tower called 110 East located just off the East/West LYNX Blue Line station. Also nearby, developers are planning a project at the site of the iconic Price’s Chicken Coop, which recently closed.
More news came out this month about two more 24-story towers, one for offices, the other for apartments, along South Boulevard.
This story was originally published February 22, 2022 at 1:53 PM.
