New Renderings and Building Details Released
The iconic tower will be 23 stories, provide direct access to the LYNX light rail at the East/West Boulevard Station and feature retail and restaurant space facing the Rail Trail at the platform level. The project is being developed in partnership between Stiles & Shorenstein Properties LLC. Nashville-based Hastings Architecture is the architect for the project.
Jessica Brown, David Dorsch and Grant Keyes of Cushman & Wakefield will oversee leasing of the office development. The building will also feature 7,000 square feet of street level retail, a state-of-the art indoor/outdoor amenity center totaling 8,000 SF, and a sky level lobby on the 11th floor. The 27,000-square-foot office floorplates offer unobstructed views of Uptown.
“Stiles and Shorenstein are well known and respected across the country for creating high-quality developments. Building on their portfolio here in Charlotte and their success, the design of this project will be a differentiator not only in South End, but also reflective of the demand we see from users in and outside of the Charlotte market,” Brown said. “With a unique sky level lobby, open-air amenity deck, unobstructed views, on-site transit and walkability to over 200 shops and restaurants, this is a prime location to meet tenant demand.”
The project is slated for completion in the fall of 2022 and is pursuing LEED Gold Certification.
Established in 1951, Stiles is a full-service real estate development firm with a clear mission: Invest. Build. Manage. Stiles services include development, construction, tenant improvement, realty, property management, architecture, acquisitions and financing. The company is responsible for more than 43 million square feet of office, residential, industrial, retail and mixed-use projects throughout the southeastern United States. Headquartered in Fort Lauderdale, Stiles maintains regional offices in Miami, West Palm Beach, Naples/Fort Myers, and Orlando, Florida, as well as a development office in Charlotte, North Carolina. Learn more about Stiles at www.stiles.com.
About Shorenstein Properties LLC
Founded in 1924, Shorenstein Properties LLC is a privately-owned, real estate firm that owns and operates high-quality office, residential and mixed-use properties across the U.S., with offices in San Francisco and New York. Since 1992, Shorenstein has sponsored twelve closed-end investment funds with total equity commitments of $8.8 billion, of which Shorenstein committed $723.5 million. The firm uses its integrated investment and operating capabilities to take advantage of opportunities that, at the particular time in the investment cycle, offer the most attractive returns. Investments have included ground-up developments, asset repositioning and stabilized assets; investment structures have included asset acquisitions, mezzanine loans, preferred equity investments and structured joint ventures. These funds have invested in properties totaling 67 million square feet in transactions with a gross investment value in excess of $16 billion.