110 East Boulevard Explained

110 East
Status:Completed
Location:110 East Boulevard
Charlotte, North Carolina
Start Date:January 2022[1]
Opening:March 2024[2]
Building Type:Office
Roof:305feet[3]
Floor Count:23
Cost:$186 million
Floor Area:370000square feet
Elevator Count:6
Architect:Hastings Architecture LLC[4]
Developer:Stiles Corp. and Shorenstein Properties
Owner:Stiles Corp. and Shorenstein Properties
Parking:9 floors, 914 spots
Website:https://www.110east.com/
Public Transit: East/West Boulevard station

110 East is a 305feet tall 23 story office building in South End Charlotte, North Carolina.[1]

History

The 2-acre site made up of 2 parcels[5] was purchased by Stiles Corp. and Shorenstein Properties in October for $21.5 million. The site is right next to the East/West Boulevard station light rail station. It will be the only office building in Charlotte with direct light rail access.[6] The building's architect, Hastings Architecture, coordinated with Charlotte Area Transit System to ensure a seamless transition between the building and the light rail station.[7] It will be in a very active area of the South End neighborhood that has a lot of restaurants and nightlife within a short walk.[4] The former parking lot was used for parking for the buildings in front of it that housed restaurants Tupelo Honey and The Manchester. The two buildings were included in the $21.5 million purchase. Tupelo Honey has relocated and The Manchester closed prior to the start of construction.[8] [9]

It was originally planned to break ground in mid 2020 and complete in the fall of 2022. However, due to the COVID-19 pandemic this was pushed back.[5] [1] On January 12 the Stiles website announced the groundbreaking for January 26, 2022.[4]

The building will feature a total of 370000square feet of Class A space.[10] with 7000square feet of street level retail space.[5] Due to the size of the lot floors 2 to 10 will be devoted to a 914-space parking deck.[11] [12] The 11th floor will feature 8000square feet of amenities such as a 4000square feet fitness center, flexible conference spaces,[4] and a terrace along with a sky lobby. Floors 12 to 23 will be office space with 29000square feet floorplates.[10] [5] The Hastings Architecture websites states that the interior of the building design uses art to guide building tenants throughout the space and attempts to maximize the Uptown skyline views. The building is currently pursuing LEED Silver and Wired Certification.[7] The building is a speculative building, meaning no tenants had signed prior to the building breaking ground. Although Cushman & Wakefield, the company leasing the building, has indicated that several companies have called about the space and have toured the city.[1] The building officially topped out in August 2023. Also, during the same time period, Cushman & Wakefield says leasing interest in the building is picking up. However, no leases have been signed yet.[13] The building delivered in April 2024 without any tenants.[14]

See also

Notes and References

  1. News: PHOTOS: South End's latest office development breaks ground off East Boulevard. Charlotte Business Journal. O'Connell. Liz. 27 January 2022. 8 October 2022.
  2. News: 23-story, $186 million tower to break ground later this month in booming South End. Charlotte Observer. Rago. Gordon. 18 January 2022. 8 October 2022.
  3. Web site: 110 East. https://web.archive.org/web/20220528141751/https://www.emporis.com/buildings/1624936/110-east-boulevard-charlotte-nc-usa. dead. May 28, 2022. April 26, 2022. Emporis.
  4. News: Shorenstein Properties and Stiles to Host Groundbreaking Event for New 370,000 SF Building at 110 East. Stiles. 8 October 2022. 12 January 2022.
  5. News: RENDERINGS: Here's what South End's next office tower will look like. Charlotte Business Journal. Fahey. Ashley. 8 October 2022. 2 March 2020.
  6. News: Massive new 165 million 23-story-tower about to be built in the heart of South End. Charlotte Stories. 8 October 2022.
  7. News: 110 East. Hastings Architecture. 8 October 2022.
  8. Web site: Tupelo Honey is closing its South End restaurant. What's next?. Jennifer. Thomas. 20 February 2020. 16 December 2022. Charlotte Business Journal.
  9. Web site: A gastropub and speakeasy will shutter in South End later this month. December 6, 2021. Charlotte Business Journal.
  10. News: Shorenstein, Stiles Break Ground on $186M Tower. Commercial Property Executive. Kalinoski. Gail. 28 January 2022. 8 October 2022.
  11. News: 110 East. LoopNet. 8 October 2022.
  12. News: 23-story South End tower breaks ground. Axios Charlotte. Peralta Soloff. Katie. 27 January 2022. 8 October 2022.
  13. News: South End office tower 110 East sees leasing interest pick up ahead of 2024 completion. Charlotte Business Journal. Franco. Elise. 30 August 2023. 30 August 2023.
  14. News: What JLL, CBRE and Cushman & Wakefield are seeing in office leasing. Charlotte Business Journal. Franco. Elise. 25 June 2024. 25 June 2024.