Approved site plans for the former site of Charlotte’s daily newspaper released in February give an idea of how Lincoln Harris plans to develop the area, according to a report in Charlotte Business Journal.
The developer and Goldman Sachs had earlier purchased the site at Stonewall and Tryon streets for $34.1 million, The Charlotte Observer has reported.
The developers have been tight-lipped about their plans for the nearly 10 acres of prime uptown land, which filings indicate will be a large, mixed-use development.
A 30-story office tower with 1 million sq. ft. of space likely will be built in the project’s first development phase.
Site plan documents describe the project as 620 South Tryon. It includes four future development phases surrounding the planned tower between Church and Tryon streets. There would be a parking deck directly across Church St. from the office tower.
The site plans also indicate ground-floor retail spaces and about 19,000 sq. ft. of “pedestrian urban space” next to the office tower.
Demolition began on the former Observer building in August, with most of the site cleared.
It’s uncertain when Lincoln Harris would break ground.
Mixed-use developments are reshaping parts of uptown nearby. Crescent Communities is developing a Whole Foods, 450 apartments and two hotel towers at the Stonewall Street light rail station. The company also plans to build an office tower, restaurants, retail space and a hotel across from the Observer at the site of a former Goodyear auto shop.