Spectrum Properties is planning a new office tower in uptown Charlotte and has lined up an anchor tenant for the project, according to real estate sources.
Insurance company MassMutual, or one of its affiliated companies, has agreed to lease approximately 200,000 square feet at the development planned for 300 South Tryon, sources say. Bordered by South Tryon, West Third and South Church streets, the vacant 1.6-acre property is owned by an affiliate of Cornerstone Real Estate Advisors, a real estate investment firm that planned to develop a mixed-use project with Spectrum at the site back in 2007.
Many of the other lots in Third Ward around the baseball park are also either under construction or will have construction on them in the near future.
Tailgating lots will come at a premium in the very near future.
I love seeing the parking lots go away, but at the same time, I hate that the tailgating scene will be diminished.