Queensbridge Collective - 1 tower, maybe 2

[QCxpat]

Today 10:10 a.m.

Edited April 7 by QCxpat

[CLT Development]

7 hours ago, QCxpat said:

Today 10:10 a.m.

I'm honestly more excited for this project than anything else. Such a step forward architecturally for Charlotte in my opinion.

[Norm2]

2 hours ago, CLT Development said:

I'm honestly more excited for this project than anything else. Such a step forward architecturally for Charlotte in my opinion.

Charlotte needs more bold architecture. It's been lacking that as of late.

[queensguy06]

Riverside's Denver development 1900 Lawrence is struggling to find tenants. Built as 700,000 sqft office spec, as of February 1st it was only 4.4% pre-leased and is scheduled to be completed in the next month or so.

I know there was an anchor tenant mentioned to lease space in the Charlotte office tower and it's not an apples to apples comparison with 1900 Lawrence, but the overall office market is still really soft. I could see the Queensbridge office component being delayed for some time and might even get scaled back in size. I also wonder if the residential tower does well if they may alter the site plan to include an additional residential tower as opposed to office?

EDIT:  It looks like the 4.4% pre-leased for 1900 Lawrence is one law firm that acquired 31,000 sqft back at the end of 2022 when construction on the building had started.

Edited April 9 by queensguy06

[Professor]

17 hours ago, queensguy06 said:

Riverside's Denver development 1900 Lawrence is struggling to find tenants. Built as 700,000 sqft office spec, as of February 1st it was only 4.4% pre-leased and is scheduled to be completed in the next month or so.

I know there was an anchor tenant mentioned to lease space in the Charlotte office tower and it's not an apples to apples comparison with 1900 Lawrence, but the overall office market is still really soft. I could see the Queensbridge office component being delayed for some time and might even get scaled back in size. I also wonder if the residential tower does well if they may alter the site plan to include an additional residential tower as opposed to office?

EDIT:  It looks like the 4.4% pre-leased for 1900 Lawrence is one law firm that acquired 31,000 sqft back at the end of 2022 when construction on the building had started.

Riverside's Denver development 1900 Lawrence? 

[atlrvr]

https://letmegooglethat.com/?q=Riverside's+Denver+development+1900+Lawrence

[gman430]

Anybody who thinks that proposed office building is going to get built anytime soon if ever is fooling nobody but themselves. Just look at the latest inflation report that came out today. Yikes.

[Norm2]

40 minutes ago, gman430 said:

Anybody who thinks that proposed office building is going to get built anytime soon if ever is fooling nobody but themselves. Just look at the latest inflation report that came out today. Yikes.

I'm sure a tower will be built there at some point. It may not be purely office as planned, but something will be built, even if we have to wait a while.

[SydneyCarton]

Since Charlotte, like NY, has a lot of financial institutions,  the prospects look good for the foreseeable future, especially compared with other cities.

[url]https://www.bloomberg.com/news/articles/2024-04-10/nyc-return-to-office-rate-nears-80-driven-by-wall-street-banks?embedded-checkout=true[/url]

“New York City’s Return-to-Office Rate Nears 80%, Driven by Banks“

By Nacha Cattan
April 10, 2024 at 3:22 PM EDT

“Wall Street firms including Goldman Sachs Group Inc. and JPMorgan Chase & Co. have helped push New York City’s return-to-office ….”

Edited April 11 by SydneyCarton

[KJHburg]

wow this is up to 7 floors now from what I see.  38 more to go!

 

[DJ8hep]

Looking stellar today!

[j-man]

I’m really shocked that glass is going up already! 

[DJ8hep]

1 hour ago, j-man said:

I’m really shocked that glass is going up already! 

Oh wow! Maybe it’s an early stage live mock-up? Definitely going to have to take a look tomorrow.

Edited April 15 by DJ8hep

[Genesis704]

I haven’t been this excited about a transformative project since the OG duke energy tower.the perfect bridge meshing uptown’s glass towers with  south ends budding skyline.

[SydneyCarton]

I can’t wait to see this.  Sadly, I won’t be in Charlotte until July.

[CLT Development]

31 minutes ago, SydneyCarton said:

I can’t wait to see this.  Sadly, I won’t be in Charlotte until July.

Don't be sad, you'll then see a 16 floor building instead of a 6 floor one!

[SydneyCarton]

11 hours ago, CLT Development said:

Don't be sad, you'll then see a 16 floor building instead of a 6 floor one!

That’s true!

I’m confident that an anchor tenant will be found soon.  A long-rumored anchor was announced today for a new 1,600’ tower in another US financial center.  Finance-oriented  companies expect workers to come to the office.

 

Edited April 17 by SydneyCarton

[DJ8hep]

Got a closer look at the glass… this is going to look solid!

[j-man]

I heard someone while walking around SouthEnd telling the person that they were with that this is just going to be another 6 story apartment building. I laughed! Have they been living under a rock!? They really think this has topped out. 

[Genesis704]

Why don’t they have a rendering on the construction fence showcasing the final product?

[CLT Development]

18 hours ago, j-man said:

I heard someone while walking around SouthEnd telling the person that they were with that this is just going to be another 6 story apartment building. I laughed! Have they been living under a rock!? They really think this has topped out. 

Its amazing to me that people would think that, considering how skinny the building is, and the fact its concrete lol.

[JRCLT]

1 hour ago, CLT Development said:

Its amazing to me that people would think that, considering how skinny the building is, and the fact its concrete lol.

Unfortunately, people aren’t as informed about a lot of things as some would like them to be. 

No one would know that though unless they start to yap about things they don't know about nor completely understand. : / People have a tendency to pretend to know things for mostly no good reason. 

[KJHburg]

walk by photos today and only 38 more floors to go!

Boy is that guy who said it was going to be 6 floors be surprised! 

[videtur quam contuor]

There was a change order?  Different glass plus add 32 floors. Easy-peasy.

[BJKM]

Update from my perch 

 

Edited April 19 by BJKM