Tall & Urban News

Construction on the newest bank tower in Charlotte is complete, according to a statement by the developer on Monday, 3 May, 2021 the latest in a slew of projects reshaping the southern portion of uptown.

Charlotte-based Crescent Communities announced in a release that it has finished building the 26-story skyscraper at 601 South Tryon Street. The building’s anchor tenant, Detroit-based Ally Financial, has begun moving in and will continue to do so in phases through next year, Ally spokeswoman Jillian Palash said in an email.

The offices will eventually house around 2,100 Ally employees, but most are currently remote and won’t return to the company’s facilities before the beginning of the third quarter, Palash said.

The building, Ally Charlotte Center, has 69,700 square meters (750,000 square feet) of office space, around 2,800 square meters (30,000 square feet) of ground-floor retail, a 1,400-space parking garage and a public plaza.

The project also includes a 381-room JW Marriott hotel, which is slated to open in July 2021. The hotel will feature two restaurants and a rooftop bar, as well as 2,000 square meters (22,000 square feet) of event space.

The high-rise and hotel are the latest additions to the wave of new development in the Stonewall Street corridor. Lincoln Harris is developing a four-hectare (10-acre), two-block project across from the Ally building. Bank of America moved into a 33-story tower on the site, Deloitte will anchor a 17-story building and Honeywell’s new headquarters is underway there.

For more on this story, go to The Charlotte Observer.