Tags:

300 South Tryon, Charlotte, NC

Project Details

Type of Project

:

Multi-Use

Name of Project

:

300 South Tryon, Charlotte, NC

Location of Project

:

300 South Tryon Street, Charlotte, NC 28202

Service Provided

:

Assistant Owner Representation & Construction Inspections 01/07/2007 – 01/05/2008

Client

:

Cornerstone Real Estate Advisors

Owner

:

Spectrum Properties

Architect

:

LS3P Associates

Contractor

:

R. J. Griffin & Company

Project Budget

:

$100M - $500M

Description

:

Condos, offices, shops, and restaurants will create the new 300 South Tryon. The development located at Tryon and 3rd Streets will include a 32-story tower and a 14 story tower. The tallest tower will have two floors of shops and restaurants at the base, about 40,000 square feet, 168 residential condos selling from just under $250,000 to more than $900,000 on the highest floors and 310,000 square feet of office space in between. Residents will have a 16-floor “sky terrace” with a pool, hot tub and fitness center; a second-floor health club and spa; concierge service, and skyline views from balconies and floor-to-ceiling windows. The 14-story tower is expected to have 151 units. CRESG provided assistant Owner Representation and construction inspections to Cornerstone Real Estate Advisors and Construction Insight (Regional Engineer). The project was put on an indefinite hold during 01/2008.

However, the Great Recession dissolved these plans. An affiliate of Cornerstone Real Estate Advisors held onto the 1.6-acre property after the deal fell through. Ground breaking was on December 15, 2014, and construction was completed on November 16, 2017. 300 South Tryon was built on the last available undeveloped lot on South Tryon and was the first high-rise office building in uptown Charlotte since the end of the Great Recession.

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