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Atlanta & Southeast  + Carolinas  + Apartments  | 
Crescent pulls $126 million n permits for Charlotte mixed use project

Crescent Moving Forward on 31-Story Charlotte Tower

Crescent Communities is hoping to get final approvals from Mecklenburg County to build a 31- story high-rise at 1102 S. Tryon St. in South End. The company took out permits with the county totaling $126.3 million.

The Charlotte Business Journal reports Crescent, along with Nuveen Real Estate, announced the project in February 2022. The developers paid $37 million in 2022 for the 3-acre property at the intersection of Carson and South Tryon streets.

The mixed-use development called Carson & Tryon included 560,000 square feet of office space, 10,000 square feet of retail space, 200 Novel-branded apartments and a 200-room boutique hotel.

It is also to include an 18,000-square-foot sky terrace with outdoor meeting space, casual lounge space and unobstructed views of uptown and South End, as well as a 12,000-square-foot indoor amenity lounge will have a fitness center, locker rooms, wellness programming and on-site conference and boardroom spaces.

The Spectrum Cos.’ Virginia Luther and Dillard Williams are handling office leasing at the project.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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