Legacy Union (former Charlotte Observer redevelopment)

[CLT2014]

3 minutes ago, ricky_davis_fan_21 said:

I think you could find yourself surprised in a month about your first statement.  At least I hope. 

I think all three of those people are poised to expand organically in the coming 18-24 months. 

If BofA actually expands my jaw will indeed hit the floor. The amount of space they sit on but don't use is amazing. 

[nashbill]

Is there a rendering of the new buildings?  It seems everyone knows something about this project and the design.  

[Guest]

5 minutes ago, nashbill said:

Is there a rendering of the new buildings?  It seems everyone knows something about this project and the design.  

Not that can be shared to the public :-( too much on the line. I would expect public release before the end of 2016.

[nashbill]

So, you are being very coy with us.  I was all set to be blown away with the design.  Now is before the end of 2016.

[Guest]

Just now, nashbill said:

So, you are being very coy with us.  I was all set to be blown away with the design.  Now is before the end of 2016.

LOL, sorry. Don't expect to be blown away though. It would behoove you to temper expectations. Honestly, the only thing that explains them not announcing anything, and being this far into permitting, is that they have a BOMB SHELL on their hands.

[CLTProductions]

Yeah it comes down to the fact that they have a substantial tenant and are in no hurry to announce as they do not need to market this place as heavily as other projects. 

LH has a plan and they're gonna do it their way. That said, there will be announcement by end of 2016 (so I'm told). 

As for the design, I like it more than most probably will. It's classic/classy and different than 95% of Charlotte buildings. And LH hardly value engineers. The materials will be of insane quality. 

Edited November 21, 2016 by Jayvee

[nashbill]

Again, the coyness (is that a word) surfaces.  You guys drive me crazy.  Just a peek would hold me over until the end of 2016 (so I'm told).

[J-Rob]

I am sure that RDF or Jayvee would show us if they could, lol.  They are protecting individuals that have their jobs on the line, and I appreciate them sharing what they do share.  Otherwise we would all be waiting on the Observer.

[alb1no panther]

1 hour ago, nashbill said:

Again, the coyness (is that a word) surfaces.  You guys drive me crazy.  Just a peek would hold me over until the end of 2016 (so I'm told).

you are asking, and they are delivering what they can.  i don't see how a complaint can be registered.

[Niner National]

1 hour ago, ricky_davis_fan_21 said:

LOL, sorry. Don't expect to be blown away though. It would behoove you to temper expectations. Honestly, the only thing that explains them not announcing anything, and being this far into permitting, is that they have a BOMB SHELL on their hands.

Based on design you've described, I'm going to guess that a major financial institution is either putting their HQ here or a major international company is putting a North American HQ here.

Like my post if I'm close 

[nashbill]

I'm not complaining.  I am just so damn curious.  My apologies for sounding like I am complaining.  I'm moving back to Charlotte (lived there for 20 years) after 13 years in Nashville.  This forum is my life line to a city I love so much, that I am going to spend my retirement years there.  I can't wait.  

[Higgs Boson]

2 hours ago, Jayvee said:

As for the design, I like it more than most probably will. It's classic/classy and different than 95% of Charlotte buildings. And LH hardly value engineers. The materials will be of insane quality. 

Cool.  Extra points if it's not grey and blue like pretty much that entire side of uptown.

Edited November 21, 2016 by Higgs Boson

[49er]

The pyramid isn't gold anymore either fwiw. That kinda throws water on Goldman Sachs rumors or maybe gold paint is just expensive . It's more of a metallic silver color now. 

[urbanlover568]

Sooo the same quality as brickell city center? Better? Worse? does it resemble anything modern? 

[J-Rob]

14 minutes ago, 49er said:

The pyramid isn't gold anymore either fwiw. That kinda throws water on Goldman Sachs rumors or maybe gold paint is just expensive . It's more of a metallic silver color now. 

I was thinking I heard it was glass.  Is the metallic silver you mention just framing for glass?  Can the pyramid be lit up at all (thinking like BofA crown)?

[CLTProductions]

13 minutes ago, mpretori said:

Sooo the same quality as brickell city center? Better? Worse? does it resemble anything modern? 

Quality is an iffy word, I say quality in the sense of materials used to build it. Think more high quality stone, less crappy stucco.

And yeah totally forgot to touch on the gold being gone. The pyramid has resemblance to 525 N Tryon oddly enough, yeah there is glass in it too. 

And it is certainly not modern. It's classic design.

Edited November 21, 2016 by Jayvee

[KJHburg]

Lincoln Harris is a very conservative in design of their buildings look at the Rotunda, Capitol Towers in Southpark even the new Rea Farms development off Providence is very much classic with brick and columns. Architectural variety is what I like about our skyline and a pyramid topped building would look good. On the rumors front Goldman Sachs is building a consumer bank right now and where can you find lots of people with consumer bank experience?  This is a hunch if it is someone out of town but I still contend it is someone local. 

[ah59396]

Am I the only one that wants it to be something super red-neck?  Like the WWE headquarters.  I say we go all out and just turn Stonewall into a corridor of HQ's for NASCAR, WWE, steal RJ Reynolds from Winston and like, Busch light.  Oh and have a Bass Pro or Cabela's anchor every building.

 

Sigh.  A guy can dream!!!

Edited November 21, 2016 by ah59396

[CLTProductions]

4 minutes ago, ah59396 said:

Am I the only one that wants it to be something super red-neck?  Like the WWE headquarters.  I say we go all out and just turn Stonewall into a corridor of HQ's for NASCAR, WWE, steal RJ Reynolds from Winston and like, Busch light.  Oh and have a Bass Pro or Cabela's anchor every building.

 

Sigh.  A guy can dream!!!

That would be hilariously awesome, but I can promise you its not that (or Goldman)

[KJHburg]

Not Goldman,  then Wells or US Bank which at last count has about 100,000 sq ft in 2 buildings uptown. Maybe a Duke Energy but I guess we will find out soon enough. A US Bank tower would be great! 

[atlrvr]

US Bank could be a possibility.  Looking at building permits, it looks like one was just applied for US Bank to take then 2nd Floor at 201 S Tryon (applied for last week).

They leased the 4th floor earlier this year, but only though 2019....I don't know terms of the lease on the new 2nd floor, but would assume also 2019.  I'm also assuming they took the full 2nd floor, which was vacant, and 24k sf in size, along with the similar size 4th floor, so almost 50k sf in 201 S Tryon, and I believe right around 100k in the Hearst Tower, so 150k sf.

I guess if they plan to continue to grow here (and they have a ton of job posting for Charlotte), it's believable they would be the anchor.

The conservative architecture, and fact that lease they signed this year has a 2019 maturity, and the fact they had been rumored to be looking in the market to grow, probably moves them to the top of the list (or at least tied with Duke, in my opinion).

It's just hard to believe they would need 400k, that I suspect a lead anchor would need to take to be driving this much in terms of design and timing.

 

[KJHburg]

Yes 2nd floor of 201 S Tryon is 21,000 sq ft so they US Bank took that too they are knitting together a larger and larger presence in the city. US Bank main employment hubs are in Minneapolis and in California both places that are much more expensive to operate in than in Charlotte. Imagine the US Bank name on a high rise behind Bank of America stadium. And remember this bank got the naming rights to the new Vikings stadium then Wells Fargo tried to put a big sign on their tower behind their stadium.  This could get interesting! 

Do a general job search by location on North Carolina on US Banks website and you will find many postings here or in Minneapolis. (and no branch level jobs to be found!) https://www.usbank.com/careers/index.aspx

 

Edited November 22, 2016 by KJHburg

[edmundblackadder1999]

Is this tower going to basically be a box with a pyramid crown like the Canary Wharf tower in London or will it be more of a octagon shape?  If the former, does it at least have set backs at various points?

[CLTProductions]

13 hours ago, edmundblackadder1999 said:

Is this tower going to basically be a box with a pyramid crown like the Canary Wharf tower in London or will it be more of a octagon shape?  If the former, does it at least have set backs at various points?

The former, and yes it has set backs

[edmundblackadder1999]

Thanks.

http://www.charlotteobserver.com/news/business/biz-columns-blogs/development/article116668438.html