Charlotte Granted Historic Status to 301 South Tryon
The city designation opens the door for developers to convert the Uptown office towers into a mixed-use complex.
Updated on Oct. 1, 2026 in Commercial
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Charlotte City Council has voted 10-1 to designate the 301 South Tryon office complex as a historic landmark. This move allows the property owners to seek tax credits for their planned conversion of the site into a mixed-use development.
Why it matters
The landmark designation is essential for the financial viability of the project, as it grants the developers access to state and federal historic tax credits. This ensures the renovation of the 1970s-era towers can proceed.
The 3.4-acre site, purchased for $36.5 million, includes a 30-story tower, an 11-story tower, and 800,000 square feet of office space. The redevelopment plans aim to transform these structures along with 30,000 square feet of retail space.
The players
Charlotte City Council
The local government body responsible for land-use policy, historic preservation, and the economic development of the city.
Riverside Investment & Development
A private real estate firm focused on the acquisition and redevelopment of commercial and mixed-use properties.
Singerman Real Estate
An opportunistic investment firm specializing in property acquisition and the repositioning of assets in the commercial market.
The details
The site was originally built in the 1970s and served as a commercial hub in Uptown Charlotte. Developers Riverside Investment & Development and Singerman Real Estate intend to utilize tax credits to fund the transition from traditional office usage to a modern mixed-use property. This mechanism preserves the existing structural character while repurposing the towers for contemporary urban needs.
Timeline
The office towers were originally constructed in the 1970s.
Riverside Investment & Development and Singerman Real Estate purchased the site in April 2026.
The Charlotte City Council approved the landmark designation on September 28, 2026.
The Home Front
This project reflects a broader trend of repurposing aging 1970s office inventory into mixed-use assets to maintain density in urban centers. It underscores how historic preservation laws are increasingly being used as economic tools for sustainable urban renewal.
Residents should keep an eye on how the project progresses, as it will likely influence the retail offerings and traffic patterns in the Uptown neighborhood. Homeowners in the surrounding area can track the impact of this conversion on future property valuations as the site moves toward a residential-inclusive model.
The takeaway
The successful landmark designation signals that developers are moving forward with major renovations on high-profile Uptown towers. Property owners in Charlotte should track public planning filings for this site if they are interested in upcoming retail or residential opportunities.
Further reading
Learn more about local commercial real estate shifts in our Commercial section.
Source note: This article includes information reported by Power 98 FM.
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