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Queensbridge Collective

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Queensbridge Collective
The Midnight Diner being prepared for relocation in September 2022.
LocationSouth End, Charlotte, NC
Statusplanning
GroundbreakingDecember 2022
Estimated completion2025
Websitequeensbridgecollective.com
Companies
DeveloperRiverside Investment & Development Co.
Technical details
Cost$750 million
BuildingsQueensbridge Office Tower, Queensbridge Residential Tower
Size2.75 acres (1.11 ha)

Queensbridge Collective, formerly known as 1111 South Tryon, is a two-building development planned for South End in the U.S. state of North Carolina. It will break ground in December 2022.[1]

History

Chicago developer Riverside Investment & Development Co. in December 2021 paid $35 million for a 2.75 acres (1.11 hectares) site consisting of seven parcels. At the time of purchase the land was occupied by Midnight Diner and Uptown Cabaret at West Morehead and South Tryon streets. Brian Dominick the owner of the Midnight Diner and the land announced the diner will relocate. During the planning stages there was no word of the Uptown Cabaret opening in another location.[2]

The original plans called for three towers for a project cost of $750 million. The project is designed to link the growing South End neighborhood with Uptown Charlotte, which is why the name Queensbridge Collective was chosen.[3][4] The name change was revealed in March 2022. The property originally consisted of a 42-story office tower with 750,000 square feet of space, a 38-story apartment tower with 350 units, and a 30-story apartment tower with 300 units.[5]

In August 2022, the Midnight Diner announced it would close on September 5, 2022, to have the building moved to 420 E Trade. The Trade St site was a surface parking prior the relocation of the Midnight Diner. It was announced that would take 10 to 14 days to prepare the diner for transport and 45 to 60 days for construction at the new site.[6]

In September 2022, Riverside announced that the development has been changed to consist of 2 buildings instead of 3. The 42-story office building remained unchanged however the 2-apartment towers were merged into 1 larger building.[7] The residential tower will be 45 stories and contain 400 units. After announcing the 3 buildings in March 2022 a geological survey revealed the site water table was higher than originally thought. Therefore, eliminating 1 of the 2 residential towers allowed an above ground parking structure to be created. The parking structure will on stories 2 through 9 and consist of 2,000 spots.[8]

Part of the new development will be road improvements. Riverside worked with Charlotte's transportation and planning departments to determine the best improvements. Morehead Square Drive, South Tryon, East Morehead St, and East Carson will be widened. Also, new bike lanes and pedestrian crossings, along with a connection to the Carson Boulevard light rail stop, will be added.[9]

See also

References

  1. ^ Franco, Elise (13 September 2022). "Riverside reveals changes to Queensbridge Collective project near uptown Charlotte, South End (RENDERINGS)". Charlotte Business Journal. Archived from the original on 13 September 2022. Retrieved 25 September 2022.
  2. ^ O'Connell, Liz (23 December 2021). "Chicago developer acquires Midnight Diner, Uptown Cabaret site for massive project". Charlotte Business Journal. Archived from the original on 23 December 2021. Retrieved 25 September 2022.
  3. ^ Huguley, Collin (10 March 2022). "RENDERINGS: Developer reveals new details about massive project on edge of uptown and South End". Charlotte Business Journal. Archived from the original on 13 March 2022. Retrieved 25 September 2022.
  4. ^ Murray, Barbra (10 February 2022). "Riverside Investment's $750M Live-Work-Play Plan for Charlotte". Commercial Property Executive. Archived from the original on 11 February 2022. Retrieved 25 September 2022.
  5. ^ Huguley, Collin (10 March 2022). "RENDERINGS: Developer reveals new details about massive project on edge of uptown and South End". Charlotte Business Journal. Archived from the original on 13 March 2022. Retrieved 25 September 2022.
  6. ^ Muccigrosso, Catherine (30 August 2022). "RENDERINGS: Charlotte's Midnight Diner sets closing date with plans to reopen, add 2nd location". Charlotte Observer. Retrieved 25 September 2022.
  7. ^ "Riverside shifts plans for massive Queensbridge Collection development near uptown". Yahoo News. 13 September 2022. Retrieved 25 September 2022.
  8. ^ Franco, Elise (13 September 2022). "Riverside reveals changes to Queensbridge Collective project near uptown Charlotte, South End (RENDERINGS)". Charlotte Business Journal. Archived from the original on 13 September 2022. Retrieved 25 September 2022.
  9. ^ Rago, Gordon (10 March 2022). "We now know the name of the $750M South End project and how tall the 3 towers will be". Charlotte Observer. Retrieved 25 September 2022.