Beacon Partners to break ground on mixed-use building in North Carolina
August 08, 2019 – Beacon Partners has announced plans to break ground on a 10-storey, mixed-use project in Charlotte, North Carolina, in August 2019.
The company said that it will begin construction on what is now called The Square at South End, along South Tryon Street and between West Boulevard and Hawkins Street. The project will be a 10-storey building with 150,000ft² of office space, along with 8,000ft² of retail space on the ground floor.
Apartments by Centro Cityworks, headed by David Furman, in a separate building will wrap the project’s parking deck. The Square at South End is expected to be finished in the last quarter of 2020.
The company has declined to comment on the investment estimate for the project. The site will include, in part, Sauceman’s, a barbecue restaurant, which will be relocated to a larger space adjacent to Sugar Creek Brewing in lower South End.
Similar to The RailYard, a mixed-use project that Beacon recently delivered, The Square at South End will include exposed brick, steel beams and glass. Office floorplates will measure between 15,000ft² and 17,000ft² and include outdoor decks on multiple floors.
The building will also include a two-storey fitness centre with a mezzanine fronting the park, an outdoor wellness area for group classes, locker rooms for men and women, a 2,400ft² coffee bar and lounge, as well as a rooftop restaurant and bar with a 2,500ft² patio.
Beacon said that it will work with Mecklenburg County Park and Recreation to construct Wilmore Centennial Park, which was identified in Historic South End’s vision plans that had previously lacked funding until a future bond cycle. The 1.5-acre park will be developed at South Tryon and West Kingston streets.
In a statement, county manager Dena Diorio said that the county is excited to be working with Beacon to bring a new county park to South End and Wilmore. The park will include open grass areas, walkways and landscaping.
It is the third project that Beacon has developed with Furman, who is currently developing micro-apartments with Ascent Real Estate Capital at The RailYard site.
The two companies have also collaborated on 1616 Center, a boutique office building on Camden Road that was one of the first substantial commercial projects in South End in this development cycle
Axiom Architecture was selected as the architect for The Square at South End. Edifice is the general contractor and LandDesign is the civil engineer. Kristy Venning and Erin Shaw at Beacon Partners are leasing The Square at South End.