CHARLOTTE – Construction of a new five-story Class-A office building at the corner of Kingston Avenue and Camden Road in Charlotte’s South End began Oct. 14.
Two buildings will be demolished within the next week to make way for the building at 1616 Camden Road, which is expected to be completed in the third quarter of 2015.
The appropriately named 1616 Center will offer 10,000 square feet of retail space on the first floor, and 65,000 square feet of office space on the remaining floors.
Materials from the demolished buildings are being salvaged for use in the new building, such as wooden beams from inside what was the old Daniel A. Tompkins Machine Shop, one of the buildings being torn down.
Part of the retail space will be used for a restaurant, and the remaining space will be available for lease.
Development is being handled by real estate investment company Beacon Partners in collaboration with Centro Cityworks’ David Furman, who had the “original vision for the project,” according to a release about the building.
Furman attributed the building’s chosen location to the variety of opportunities South End has to offer.
“South End is booming,” he said in a statement. “It has become a great urban neighborhood that has everything: transit, walkability, a diversity of restaurants and bars and plenty of new housing opportunities.”
1616 Center will sit along the Lynx Blue Line, with the East/West and Bland rail stations both within a quarter of a mile.
Furman also indicated that the amount of office space in South End isn’t meeting the demand of its residents.
“There’s a lot happening in South End; a lot of it’s residential,” he said on Thursday. “But what there’s a shortage of is places these people can work.”
Furman said 1616 Center would contribute to the establishment of a “comprehensive mixed-use neighborhood” in South End.
Beacon and Cityworks’ announced its first tenant as well. Boatsman Gillmore Wagner PLLC, a local accounting firm, signed a lease for 12,000 square feet of the building’s office space, according to the release.
Furman said the building’s ideal tenants would be an “amenity for the building and the whole neighborhood,” as he hopes people who work in the building will take advantage of South End’s residential and commercial offerings.