Another Uptown Charlotte office tower could become apartments

Plans are in motion to convert 200 North College into 290 apartments, according to a city filing from Philadelphia-based Belgravia Management.

Why it matters: It's yet another largely empty tower being flipped to a potentially more profitable use, as Uptown's offices sit at 25% vacancy.

• Other prominent towers being converted include Brooklyn & Church, The Johnston Building, the former Two Wells Fargo Center and 400 South Tryon.

Flashback: 200 North College has been mostly vacant since Bank of America moved workers to Bank of America Tower years ago.

• In 2024, A H Real Estate Holdings got a bargain to purchase the five-story building: Half the price it sold in the 2010s, the Ledger reported.
• The property was sold again last year to an LLC tied to Belgravia Management for $3.5 million, property records show.