Legacy Union (former Charlotte Observer redevelopment)

[QCxpat]

Today 8:25 a.m.

Edited May 10, 2023 by QCxpat

[j-man]

[CLT2014]

Does anybody know if Night Swim got a special deal on their lease? It is only open 5 days a week and I was there on a Monday morning at 9am and there were maybe 20 customers over an hour with 2 employees working. I'm guessing Tuesday - Thursday are much busier but seems like it would be hard to make a profit if you only have volume 43% of a week.

[KJHburg]

Today and this tower is looking great one of only 2 office towers under construction hopefully a third soon but I believe that will be it for a couple of years before we see another start due to the office market malaise.  (hopefully I am wrong but with 20% availability I can't see it unless heavily preleased.) 

[atlrvr]

The link isn't active yet, but this also showed up in the Land-Use planning website today;

 

05/22/2023

23TMP-002635

Commercial Urban Uptown Mixed Use Development (UMUD)

605 SOUTH MINT & 610 SOUTH CHURCH

 

^^^ Those would be the two remaining lots for LU.  This type of submittal would imply that have advanced plans in place.

[DMann]

Hmmmm, What is between Mint and Church??????

[KJHburg]

2 hours ago, atlrvr said:

The link isn't active yet, but this also showed up in the Land-Use planning website today;

 

05/22/2023

23TMP-002635

Commercial Urban Uptown Mixed Use Development (UMUD)

605 SOUTH MINT & 610 SOUTH CHURCH

 

^^^ Those would be the two remaining lots for LU.  This type of submittal would imply that have advanced plans in place.

very interesting.  wonder if one is a residential tower and or hotel or one of both.  I just cant see another office tower unless there is an anchor in place.  

[atlrvr]

I suspect it's 2 towers, 1 apartment and 1 hotel....

Wildcard would be if Honeywell is looking to anchor a 2nd office tower.

[KJHburg]

Interesting the related company of Lincoln Harris somehow related is Lincoln Property Company of Dallas which manages the Museum Tower in uptown.  https://www.lincolnapts.com/north-carolina/charlotte-area/charlotte

Lincoln Property Company  of Dallas developed a mixed use tower in Austin office and apartments 

https://www.lpcaustin.com/properties/600-guadalupe/

Lincoln Harris does not do residential so I think they would joint venture or bring their partner like LPC  (my speculation as LH keeps their cards close to their vest at all times) 

here is how they are linked together.    https://www.lincolnharris.com/team/

If I remember corrected LPC developed the Bank of America Corporate Center back in the day with Johnny Harris as local point of contact and somehow he opened a division here that is affiliated with the the larger LPC of Dallas.   And guess what an office development in the north Dallas suburb of Plano is called Legacy Union! 

could LH making a pitch to certain US bank for an office tower who knows? 

 

 

Edited May 23, 2023 by KJHburg

[CharlotteWkndBuzz]

Doesn’t sound promising. Hopefully it’s not for the entire remaining lots…

[videtur quam contuor]

Went back a few years to see what was discussed here for this site and hotel, residential and Brickell Center type shopping or Simon equivalent was common and repeated. Nobody knows anything.

[CLT Development]

39 minutes ago, tarhoosier said:

Went back a few years to see what was discussed here for this site and hotel, residential and Brickell Center type shopping or Simon equivalent was common and repeated. Nobody knows anything.

if I remember correctly I sat across the table with a prominent developer and he told me 1.5M office, 1200 hotel, 1000 residential and 300K retail. Instead we are getting 2.4M sq feet of office and 6,000 parking spaces. I will say however, this parcel is more than large enough to hold two buildings. 

Edited May 23, 2023 by CLT Development

[CTiger]

Thought we were getting Brickell but instead we got Ballantyne.  What a bummer.  

Edited May 23, 2023 by CTiger
Sp

[CLT2014]

Person A: "Hey, want to go hang out at Legacy Union after work?" 
Person B: "Sure, let's go sit on a bench by the grass patch and look at the lobby."

This conversation has never happened and never will. Forever an evening ghost town. 

Edited May 23, 2023 by CLT2014

[atlrvr]

In addition to the Land Use permits filed yesterday, actual building permits filed today:

605 Mint St. Office - Footing/Foundation

610 Church St. MF - Footing/foundation

^^^ MF stands for Multi-Family

LS3P listed as architect for both projects.

[Madison Parkitect]

20 minutes ago, CTiger said:

Thought we were getting Brickell but instead we got Ballantyne.  What a bummer.  

And not even the good part of Ballantyne!

[KJHburg]

1 hour ago, atlrvr said:

In addition to the Land Use permits filed yesterday, actual building permits filed today:

605 Mint St. Office - Footing/Foundation

610 Church St. MF - Footing/foundation

^^^ MF stands for Multi-Family

LS3P listed as architect for both projects.

Interesting the residential is on S Church and the office building will be on Mint St.  

[DMann]

In my view, Church Street is really the backbone of residential in Charlotte.

[go_vertical]

3 hours ago, atlrvr said:

In addition to the Land Use permits filed yesterday, actual building permits filed today:

605 Mint St. Office - Footing/Foundation

610 Church St. MF - Footing/foundation

^^^ MF stands for Multi-Family

LS3P listed as architect for both projects.

At what point in the filing process will we learn about scale ( square footage of the office and units for the residential) of these towers?  Also, with this filing would it be safe to assume that a hotel is no longer a part of the project?

[CharlotteWkndBuzz]

2 hours ago, DMann said:

In my view, Church Street is really the backbone of residential in Charlotte.

Only way it will fit in is if there is a parking deck facing church st too lol. I’m just messing, we have enough parking decks along that damn st but I agree that the residential is best along church and the office tower along mint will be closed on weekends so it won’t affect those workers as much like it would residents on game day/mint st closures. Also the residential tower will benefit from the 55k sqft of retail across the st in this project: 

[KJHburg]

remember the massive low rise Duke Power deck will disappear in the years to come and that whole site will be redeveloped.    Now that I think of it having the Legacy residential tower on S Church across the redevelopment of the Duke Power building on S Church makes sense.  Lots of people to frequent all the retail planned at that project.  Honestly the new residential tower may help lease their retail space on the ground floor of the Mega garage. 

[atlrvr]

And the office tenants will pay a premium to have Charlotte Rays outfield views like the tenants next to Petco Park.

[AltNative]

Yea I'm sure the retail tenants will come flooding to fill the empty spaces once LH announces their 300 unit tower--thats like 500 potential customers!! All I can see is dollar signs

[49er]

The new building is 39 floors and 463' according to what was filed with the city. 

[atlrvr]

I see two different projects submitted.  Which is that, office or multi-family (or single tower mixed-use with different entrances??)

And wow.....taller than I would have guessed.
 

And thank you!