CHARLOTTE, N.C., Aug. 9, 2017 /PRNewswire/ -- Lincoln Harris, one of the Southeast's preeminent commercial real estate development, investment and property management companies, unveiled today the name and plans for Legacy Union, one of the largest development projects ever in Uptown and located on the former Charlotte Observer site.
As the gateway to Uptown, Legacy Union is a 10-acre, mixed-use development between Tryon Street and Bank of America Stadium that will redefine the area with a mix of Class A office space, retail and other development – and a large public plaza that will serve as a gathering place.
"We are calling it Legacy Union because we want to honor our past and celebrate the promise of Charlotte's future," said Johno Harris, president of Lincoln Harris. "The word 'Legacy' is a nod to this community's great history, and 'Union' reflects our intent to make this a destination where people can come and enjoy an open space activated with amenities. We want the development and plaza to reflect great public gathering places like you see in London, Paris and Rome."
Legacy Union features a 33-story office tower of stone and glass, set for completion in the first quarter of 2019. A grand staircase will greet visitors and a 100-foot, glass-and-steel pyramid will cap the building, making it a landmark on the Charlotte skyline. Bank of America is the anchor tenant and will occupy approximately 550,000 square feet, leaving an estimated 300,000 square feet available for lease.
"We're building something special that will transform the most prominent gateway into Uptown," said Harris. "We're using stone to evoke tradition, and glass to bring a modern feel. We want to make this a place where people want to be, meeting friends, doing business, relaxing or gearing up for a Panthers game."
The second phase of Legacy Union is still in the planning stages but will include retail and possibly additional office, residential and hospitality development. Construction on additional development could begin as early as the end of 2017.
Lincoln Harris, best known for developing the retail, residential and commercial hubs of SouthPark and Ballantyne in Charlotte, will bring the same quality, design and functionality to its Legacy Union project. The company recently opened Capitol Towers in SouthPark and is currently leasing its nearly 500,000 square feet of premier Class A office and retail space. Lincoln Harris is a full-service commercial real estate company that provides property management and corporate services across the region and, together with Lincoln Property Company, manages more than 150 million square feet of property nationally.
Bounded by Tryon, Stonewall and Mint streets and I-277
Adjacent to Bank of America Stadium
10-acre development covers two city blocks
33-story office tower opens first quarter of 2019
640 feet tall
Stone, steel and glass structure
850,000 square feet of Class A office space
Anchored by Bank of America, occupying approximately 550,000 square feet
Estimated 300,000 square feet available for lease
Tower features 100-foot, glass-and-steel pyramid
LEED Gold Certified
Public plaza and promenade links Tyron Street to Bank of America Stadium
Developer: Lincoln Harris
Architect: LS3P, HKS and LandDesign
About Lincoln Harris Lincoln Harris, together with Lincoln Property Company, provides clients with a national platform and unparalleled institutional resources, including commercial real estate development, investment and property management. Based in Charlotte, Lincoln Harris takes great pride in its reputation as one of the region's most accomplished full-service commercial real estate companies. Lincoln Harris' multi-disciplinary team has a long history of working through complex transactions and adopting innovative approaches to real estate problems. We take pride in developing and implementing comprehensive national real estate programs for our clients and cultivating a sense of trust in the communities we serve and the individual transactions we service. To learn more about Lincoln Harris properties and services, please visit www.lincolnharris.com