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300 South Tryon

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Coordinates: 35°13′32″N 80°50′45″W / 35.225674°N 80.845771°W / 35.225674; -80.845771
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300 South Tryon
Map
General information
StatusCompleted
TypeOffice, Residential Hotel
Location300 South Tryon Street
Charlotte, NC
Coordinates35°13′32″N 80°50′45″W / 35.225674°N 80.845771°W / 35.225674; -80.845771
Construction startedDecember 16, 2014
CompletedOctober, 2017
OpenedNovember 17, 2017
Cost$330 million
Height
Roof463 feet (141 m)[1]
Technical details
Floor count25 floors
Floor area638,000 square feet (59,300 m2)[2]
Lifts/elevators24 floors
Design and construction
Architect(s)LS3P
DeveloperThe Spectrum Companies
Website
www.300southtryon.com

300 South Tryon is an office high rise in Charlotte, North Carolina.[3] With a height of 463 feet (141 m),[1] it is the 8th tallest building in Charlotte. It was completed in 2017.[4] Ground breaking was on December 15, 2014, and construction was completed on November 16, 2017.[5] 300 South Tryon was built on the last available undeveloped lot on South Tryon and was the first high-rise office building in uptown Charlotte since the end of the Great Recession.[6] The building has 638,000 square feet (59,300 m2) of space[2] including 22,000 square of street level retail space,[7] which makes it the 13th largest building in Charlotte by leasable space.[2]

Office building

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In 2007, Spectrum and Cornerstone announced plans for a 32-story building on the site that would feature a mixture of retail, condos, and office space. However, the Great Recession dissolved these plans. An affiliate of Cornerstone Real Estate Advisors held onto the 1.6-acre property after the deal fell through.[7]

Babson Capital announced in May 2014 they were considering moving their headquarters from Springfield, Massachusetts to Charlotte. The existence of Barings came in 2016 as the result of MassMutual merging four asset management companies which included Babson Capital and Baring Asset Management.[8] Babson was then leasing 45,000 square feet (4,200 m2) at Duke Energy Center[9] with 140 employees located there.[10] The Charlotte based part of the company was the institutional debt management arm of First Union Corp, formerly Wachovia, and was acquired by Babson in 2002, at the time of acquisition the division had 17 employees.[10]

Babson Capital agreed to anchor the building and lease 200,000 square feet (19,000 m2).[11][10] Some of the building's tenants include Elior North America with 13,000 square feet (1,200 m2),[12] Cushman & Wakefield with 16,000 square feet (1,500 m2),[13] Knoll Inc. with 4,000 square feet (370 m2),[14] King & Spalding with 27,000 square feet (2,500 m2), Winston & Strawn with 26,000 square feet (2,400 m2), FCA Partners with 4,000 square feet (370 m2),[15] and CapTech with 12,500 square feet (1,160 m2)[16]

In June 2019 DealCloud moved into a 18,000 square feet (1,700 m2) space in the building. The company previously was occupying 6,000 square feet (560 m2) at 129 West Trade. In March 2023 Chicago law firm Seyfarth Shaw signed a lease for 17,829 square feet (1,656.4 m2) of space. In 2019 the firm opened their first Charlotte office by renting 5,000 square feet (460 m2) at 121 West Trade in Uptown.

Ameriprise Financial Inc. announced on May 25, 2023, the company will be creating a new corporate office in Charlotte leasing 53,000 square feet (4,900 m2) across two floors starting in the fall. This office will eventually create 400 jobs. The city of Charlotte was specifically chosen because of its diverse and growing economy.[17]

Kimpton Tryon Park

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The hotel is 18 stories[18] with 217 rooms,[18] 9,300 square of meeting space which includes a 4,000 square foot ballroom. The interior a number of pieces of art and a cohesive color theme throughout the hotel. The guests amenities being offered are a mini bar, yoga mats, and complimentary bike rentals.[19] It also features a rooftop bar Merchant & Trade and Italian restaurant Angeline’s[20] both opened in November 2017.[21] Angeline’s features a main dining area which seats 136, a private room which can accommodate 36, and patio dining. On the hotel rooftop Merchant & Trade features a 4,500 square foot bar and lounge with views of Romare Bearden Park and Truist Field.[21]

Kimpton Tryon Park hotel

See also

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References

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  1. ^ a b "300 S Tryon". Council on Tall Buildings and Urban Habitat. Retrieved September 24, 2021.
  2. ^ a b c Sharipo, Amy (22 October 2022). "Charlotte's largest office buildings". Charlotte Business Journal. Retrieved 24 December 2022.
  3. ^ "300 South Tryon". Retrieved 2018-03-01.
  4. ^ Ely Portillo. "'Cranes are back' as office tower breaks ground uptown". The Charlotte Observer. Retrieved 2014-12-18.
  5. ^ "Landmark office tower 300 South Tryon opens in the heart of Charlotte". Retrieved 2017-11-18.
  6. ^ "Ground broken on uptown's first new office tower since recession". Charlotte, North Carolina: WSOC-TV. Retrieved 2014-12-18.
  7. ^ a b Boye, Will (May 16, 2014). "How 300 South Tryon will take shape". Charlotte Business Journal. Retrieved 2021-06-13.
  8. ^ Newlands, Chris (September 12, 2016). "MassMutual merger revives Barings brand". Financial Times. Retrieved 2021-06-13.
  9. ^ Boye, Will (May 1, 2014). "Sources: Spectrum planning uptown office tower, has anchor tenant". Charlotte Business Journal. Retrieved 2021-06-13.
  10. ^ a b c O'Daniel, Adam (May 19, 2014). "UPDATED: Babson Capital CEO anticipates putting headquarters in new Charlotte office tower". Charlotte Business Journal. Retrieved 2021-06-13.
  11. ^ Boye, Will (May 1, 2014). "Sources: Spectrum planning uptown office tower, has anchor tenant". Charlotte Business Journal. Retrieved 2021-06-13.
  12. ^ Fahey, Ashley (June 15, 2017). "Headquarters relocation will bring 100 jobs, French restaurant to uptown tower". Charlotte Business Journal. Retrieved 2021-06-13.
  13. ^ Fahey, Ashley (October 12, 2018). "Global real estate firm with Charlotte office moving, consolidating at 300 South Tryon". Charlotte Business Journal. Retrieved 2021-06-13.
  14. ^ Fahey, Ashley (January 20, 2017). "300 South Tryon lands design tenant". Charlotte Business Journal. Retrieved 2021-06-13.
  15. ^ Fahey, Ashley (July 27, 2017). "The Spectrum Cos. signs 4 new tenants at 300 South Tryon". Charlotte Business Journal. Retrieved 2021-06-13.
  16. ^ Martin, Jenna (February 21, 2018). "Inside IT consulting firm's new office at 300 South Tryon — and its growth plans (PHOTOS)". Charlotte Business Journal. Retrieved June 6, 2021.
  17. ^ Franco, Elise (25 May 2023). "Ameriprise Financial to open corporate office at 300 South Tryon in uptown Charlotte". Charlotte Business Journal. Retrieved 25 May 2023.
  18. ^ a b Fahey, Ashley (October 28, 2016). "300 South Tryon, Kimpton Hotel moving closer to completion (PHOTOS)". Charlotte Business Journal. Retrieved 2021-06-13.
  19. ^ Fahey, Ashley (October 18, 2017). "First look inside the Kimpton Tryon Park hotel uptown (PHOTOS)". Charlotte Business Journal. Retrieved 2021-06-13.
  20. ^ Fahey, Ashley (November 16, 2017). "300 South Tryon, Kimpton Tryon Park open with great fanfare (PHOTOS)". Charlotte Business Journal. Retrieved 2021-06-13.
  21. ^ a b Martin, Jenna (October 25, 2017). "Opening date set for new restaurant, rooftop bar in uptown". Charlotte Business Journal. Retrieved 2021-06-13.
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