New details (and renderings) on the 42,000 square feet of retail coming to Trade and Tryon
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I have written about both big office building renovations underway at Trade and Tryon, but I have not really considered the monumental impact both will have on the city.
Once the Bank of America Plaza and 101 North Tryon projects are complete, what is currently a dead zone of retail activity will soon have 42,000 square feet of retail. To put that in perspective, just trust me, it’s a lot.
Let’s take a look at each project then look at them as a whole
Bank of America Plaza
- Under construction, aiming for early 2017 completion
- Approximately 22,000 square feet of retail
- Currently planned to be split into four spaces, but tenants could determine the exact foot print
- One space (seen as No. 2 on the site plan) is going to be AWESOME. It will utilize the basement vault of the building. So you walk in from the street, hit the “hostess/lobby” area and will go down a grand staircase into the vault/main area.
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101 North Tryon
- Planned to start in the fall
- Approximately 20,000 square feet of retail
- Removal of the awful atrium between the Marriott and 101 North Tryon building
- Addition of public plaza space
- Three retail spaces
- Primary retail space will line the side of the building (between 101 North Tryon and the Marriott) and open up to the great (new) plaza space
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There aren’t enough words to express the importance of these projects. First and foremost, they will continue to transform Uptown from a business park to a real, living, breathing city.
Everyone and their brother complains about the lack of retail Uptown, and a majority of that is lack of space. While it doesn’t seem incredibly likely these spots will be filled by soft goods (Banana Republic, Brooks Brothers, etc.) it’s not out of the realm of possibility and there is still a major need for more bars and restaurants (variety!!) Uptown.
Mike Lucier & Co. at CBRE is handling the retail leasing for both of these projects and I trust they will bring in quality tenants. That’s really what will determine the success or failure of the renovations. Both of the designs are incredibly solid.
More on these projects as tenants are announced.