Uptown Charlotte

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Uptown Charlotte
Uptown Charlotte skyline in 2011
Uptown Charlotte skyline in 2011
Nickname(s): 
Uptown, Historic Downtown
Location in Charlotte
Coordinates: 35°13′37″N 80°50′35″W / 35.227°N 80.843°W / 35.227; -80.843
StateNorth Carolina
CountyMecklenburg
CityCharlotte
Council districts1, 2
Neighborhood Profile Areas (NPA)340, 341, 342, 384
Area
 • Total5.5 km2 (2.14 sq mi)
Population
 (2021)[1]
 • Total35,900
 • Density6,500/km2 (17,000/sq mi)
Zip Code
28202, 28204, 28206, 28208
Area code(s)704, 980
Websitewww.charlottecentercity.org
Quality of Life Dashboard

Uptown Charlotte is the central business district of Charlotte, North Carolina. The area is split into four wards by the intersection of Trade and Tryon Streets, and bordered by Interstate 277 and Interstate 77. The area managed and overseen by the Charlotte Central City Partners, which is one of the three Municipal Service Districts in Charlotte. Uptown Charlotte is the largest business district in Charlotte and the Carolinas.

Several Fortune 500 companies have their headquarters in the district, including Bank of America, Duke Energy, Honeywell, and the east coast operations of Wells Fargo.[2][3] Uptown contains over 33 million square feet of office space.[4] Athletic and event facilities located in Center City include Bank of America Stadium, Spectrum Center, Truist Field, and the NASCAR Hall of Fame. Museums, theaters, hotels, high-density residential developments, restaurants, and bars are heavily concentrated in the Center City, with over 245 restaurants[5] and 50 nightspots.[6]

Name Origins[edit]

Charlotte's central business district is referred to as "Uptown" by locals, although the term "Downtown" is understood and used by native Charlotteans since it references the same area of the city. There is some confusion brought about by the use of the terms "Uptown" and "Downtown" for Charlotte's center city area. The term "Up-Town" referring to the geographic location of Tryon and Trade Street, “uptown” actually does sit at a higher elevation than the rest of the city, was recorded as early as 1895 in the Charlotte Observer but fell out of use around 1929 for reasons unknown. The term "Downtown" was commonly used up until the mid-1970s by residents, media, and city leaders for the Center City. In 1973, a massive campaign was launched by local businessman Jack Wood to revamp the image of the downtown area and embrace the historic and arguably uniquely Charlotte term "Uptown" by reintroducing it to the general public. In September 1974 Charlotte City Council passed an official proclamation that said "The heart of Charlotte should be now and forever more known as Uptown Charlotte."[7] On February 14, 1987, the Charlotte Observer began using the term "Uptown" as a way to promote a more positive upbeat image of the Center City area.[8] School teachers were provided with "historical" documents justifying use of the term to teach to students.[9]

Major streets[edit]

Tryon Street[edit]

Located at 100 North Tryon Street in Charlotte, the Bank of America Corporate Center stands 871 ft tall and is the 118th tallest building in the world.

Tryon Street is a major north–south street of Charlotte, North Carolina. It traverses through the center of Uptown Charlotte and is the address for some of the city's tallest buildings, such as the Bank of America Corporate Center and Truist Center. U.S. Route 29 and North Carolina Highway 49 are signed along portions of Tryon Street (although they both deviate onto Graham Street through Uptown). The road is divided into two segments at its intersection with Trade Street: North Tryon Street and South Tryon Street. Likewise, Tryon Street divides Trade Street into east and west. The Trade and Tryon intersection serves as the dividing point for the city's first four wards, as well as the center of its address grid. The street was named after William Tryon, governor of the Province of North Carolina from 1765 to 1771.

Entering the Charlotte city limits from the north, US 29's street name changes from Concord Parkway to North Tryon Street. US 29 and Tryon Street continue southwest through the University City neighborhood, passing by the Verizon Wireless Amphitheater Charlotte, intersecting with Interstate 485 (North Carolina), and passing through the University of North Carolina at Charlotte, where NC 49 joins in from University City Boulevard.

South Tryon Street terminates at the Charlotte city limits at the Steele Creek neighborhood, where it changes to York Road. NC 49 continues west to Lake Wylie, South Carolina, where it becomes Charlotte Highway and SC 49 begins.

Building which have a Tryon Street address include:

Trade Street[edit]

Trade Street is the major east–west street that divides the northern and southern wards in the city of Charlotte, North Carolina. The following towers have a Trade Street address:

College Street[edit]

Building which have a College Street address include:

Neighborhoods[edit]

Uptown Charlotte is divided into four neighborhoods, or "wards", by the intersection of Trade and Tryon Streets. [10]

First Ward[edit]

The EpiCentre is a popular shopping and nightlife destination in downtown.

First Ward lies directly to the east of the intersection of Trade and Tryon. It is that quadrant bounded by North Tryon on the northwest and East Trade on the southwest.

Once considered one of the most dangerous areas in Charlotte, the first ward has become one of the more desirable because of gentrification under a HUD HOPE VI grants with many new developments are under construction. The award-winning Center City Building which houses the uptown campus of the University of North Carolina at Charlotte is in the first ward. The Center City Building is 11 stories and was completed in 2011. it includes 25 state of the art classrooms, design studios, meeting space, and performance spaces.[11] The urban village includes a 4-acre (16,000 m2) park, which was completed in December 2015, 4,600,000 sq ft (430,000 m2) of office space, 1,182 residential units, 250 hotel rooms, and 192,000 sq ft (17,800 m2) of retail space.[12] Current attractions include the Main Library, the Spirit Square portion of the North Carolina Blumenthal Performing Arts Center, ImaginOn Children's Learning Center, Levine Museum of the New South, the Spectrum Center (home of the Charlotte Hornets).

2008 view from the Central Avenue bridge

Second Ward[edit]

The second ward lies directly to the south of the intersection of Trade and Tryon. It is the quadrant bounded by South Tryon on the northwest and East Trade on the northeast. Second Ward is the hospitality center of Uptown with about half of the hotel rooms in Uptown and it is an important employment center as well. It includes 7,700,000 sq ft (720,000 m2) of office space, 840 residential units, 3,682 hotel rooms with 1,136 additional rooms under construction, and 518,000 sq ft (48,100 m2) of retail space. It is the location of Charlotte's "Government District" and is the site of the NASCAR Hall of Fame. The second ward was formerly the location of the predominantly black neighborhood, Brooklyn, before an urban renewal project took place. Today, second ward is home to the EpiCentre, a mixed-use entertainment and retail complex; the Charlotte Convention Center; the Victorian Gothic style St. Peter's Catholic Church; The Green, a downtown mini-park; and the Harvey B. Gantt Center for African-American Art+Culture (named for Harvey Gantt). Duke Energy also has its corporate headquarters in the second ward.[13]

Third Ward[edit]

The Uptown skyline viewed from BB&T Ballpark in 2014

The third ward lies directly to the west of the intersection of Trade and Tryon. It is the quadrant bounded by South Tryon on the southeast and West Trade on the northeast. It is the Ward that house a lot of the entertainment and culture attractions in Uptown which include Knight Theatre, the Mint Museum, and the Bechtler Museum of Modern Art, the Carolina Panthers' Bank of America Stadium Truist Field, home of the Charlotte Knights, opened in 2014, Romare Bearden Park, which opened in September 2013, and Gateway Village. Gateway Village, one of the state's largest mixed-use developments, is 1.5 million sq ft (140,000 m2) in size, and home to offices, shops, restaurants, entertainment venues and over 500 housing units.[14] Johnson & Wales University's Charlotte campus is located directly across from Gateway Village, with Johnson C. Smith University's campus located adjacent. Third ward is also the site of the upcoming Gateway Station transportation hub, which began construction in July 2018. The Gateway Station will house a Greyhound bus stop, an Amtrak station, LYNX Silver Line, and a CATS bus hub.[15] Overall the Ward includes 7,600,000 sq ft (710,000 m2) of office space, 4,397 residential units, 367 hotel rooms, and 150,000 sq ft (14,000 m2) of retail space.[16]

Fourth Ward[edit]

Fourth Ward, Charlotte North Carolina
Fourth Ward

The fourth ward lies directly to the north of the intersection of Trade and Tryon. It is that quadrant bounded by North Tryon on the southeast and West Trade on the southwest.

It is mostly residential and has many stately Victorian homes. It is an official historic district, and is the location of Old Settlers' Cemetery and the three-acre Fourth Ward Park. It is a blend of historic residential neighborhoods, modern restaurants, and an employment center. The Ward includes 380,000 sq ft (35,000 m2) of office space, 4,844 residential units, 731 hotel rooms, and 52,000 sq ft (4,800 m2) of retail space.[17]

Economy[edit]

As of 2021 Uptown Charlotte employs 120,000 people[18] across 33 million square feet of office space,[19] hosts more than 18 million visitors a year, and is home to 35,000 residents.[20][21]

Charlotte is the second largest banking center in the country behind New York City. This determination is made by the dollar amount of assets held by banks headquartered in the city. The current banks with headquarters in the city are Bank of America with $2.8 trillion in assets as of 2020[22] and Truist Financial with $509 billion in assets as of 2020.[23] Both bank have their headquarters in Uptown. Bank of America at 100 North Tryon Bank of America Corporate Center[24] and Truist at 214 North Tryon Truist Center.[25] Uptown has also become a hub of large bank employment bases. Wells Fargo, whose Charlotte presence was Wachovia prior to being acquired by Wells Fargo, occupies numerous buildings in Uptown including Duke Energy Center,[26] One Wells Fargo Center,[27] Two Wells Fargo Center, Three Wells Fargo Center,[28] and 300 South Brevard.[29] Other banks that have a large employment base in Uptown are Ally Financial with 2,100 employees located in Ally Charlotte Center[30] and U.S. Bank with 860 employees located in Truist Center.[31][32]

Companies with headquarters in Uptown[edit]

Companies with large corporate presence in Uptown[edit]

Construction Boom[edit]

Due to the Great Recession's effect on Charlotte development was construction in Uptown was at a virtual stand still between 2010 and 2014. The ground breaking of 300 South Tryon began a building boom in Uptown. Between 2000 and 2010 6 million square feet of office space was added to Uptown.[33] In 2019 6.9 million square feet of office space was under construction or planned, 8,458 housing units were under construction or planned, 2,310 hotel rooms were under construction or planned, 948,167 square feet of retail was under construction or planned.[34] This pipeline includes a number of projects such as the Duke Energy Plaza, Seventh and Tryon which is part of the North Tryon Vision project, 10 Tryon, Ally Charlotte Center, JW Marriott Charlotte, FNB Tower, 650 S. Tryon, The Ellis, 500 W. Trade. Unfortunately three hotels have stalled due to the COVID-19 pandemic they are the Moxy Hotel, Intercontinental Hotel at Belk Place, and the Hotel at The Ellis.[35]

Companies consolidating real estate has been a major factor in new commercial construction.[36][37][38] Three such buildings that are a part of real estate consolidation are Ally Charlotte Center,[39] Duke Energy Plaza,[40] and the Bank of America Tower[41] each is building a bigger building to unite at least two offices under the same roof. In the case of Ally Charlotte Center and Duke Energy Plaza it is at least 4 offices.[42][43] Part of the consolidation efforts have been brought up by adopting a hybrid model of work after returning from the Covid-19 pandemic where most workers will work part time or full time from home. Obviously a smaller real estate foot print is needed. Duke Energy specifically is aiming to cuts its real estate foot print from 2.5 million square feet to 1 million by 2050.[44]

One of the areas of Uptown that has seen the most development since 2015 to 2021 is the Stonewall Corridor which runs along Stonewall Street and next to I-277 South from McDowell St to Bank of America Stadium.[45] One of the first new buildings on Stonewall to start the building boom was Regions 615 which delivered in the Spring of 2017[46] since then the Bank of America Tower completed in early 2019,[47] Honeywell Tower began construction in September 2019,[48] Ally Charlotte Center delivered in May 2021[49] and many other buildings. A major part of the reason for the boom in the development in this corridor is multi-acre parcels were available, which is becoming more rare as Uptown is increasingly built up.[50]

Education[edit]

Colleges and universities[edit]

Libraries[edit]

ImaginOn

Charlotte Center City is served by two branches of the Public Library of Charlotte and Mecklenburg County now known as Charlotte Mecklenburg Library. The Main library is located on North Tryon Street.[51] In November 2019, new designs for the $100 million, 115,000-square-foot Main Library in Uptown Charlotte were revealed. The organization is planning to break ground in 2021 and complete the build in early 2024.[52]

ImaginOn: The Joe and Joan Martin Center is located on east Seventh Street.[53] ImaginOn is a collaborative venture of Charlotte Mecklenburg Library and the Children's Theater of Charlotte. The library provides services, books, CDs, DVDs and homework support for children and teens. ImaginOn contains the McColl Family Theatre and the Wachovia Playhouse, venues used by the Children's Theater for their performances.

Parks, recreation, and culture[edit]

Parks[edit]

Entertainment venues[edit]

Bank of America Stadium

Uptown Charlotte has three major league sports venues. Bank of America Stadium, home of the Carolina Panthers, opened in 1996, the Spectrum Center, home of the Charlotte Hornets, opened in 2005, and the American Legion Memorial Stadium, home of the Charlotte Hounds. The Charlotte Knights, a minor league baseball team, also plays at Truist Field.

The Charlotte Convention Center attracts over 500,000 people a year to its 280,000 square feet (26,000 m2) of exhibit space. The Convention Center is currently undergoing an expansion to add an additional 50,000 square feet (4,600 m2) of meeting space and a pedestrian bridge connection to the adjacent Westin hotel.

Mint Museum Uptown at Levine Center for the Arts
The Harvey B. Gantt Center for African American Arts + Culture
Bechtler Museum of Modern Art

Within recent years, multiple museums have opened in Uptown. The first phase of the Levine Center for the Arts opened in 2010, as part of the then-named Wachovia Cultural Campus. List of museums in Uptown:

Hotels and accommodations[edit]

List of major hotels in Uptown Charlotte:

Transportation[edit]

Uptown Charlotte is surrounded by Interstate 277, an auxiliary highway which creates the boundaries of the four wards and is the innermost of the city's three ring roads. Interstate 77 also runs parallel to the west of Uptown's third and fourth wards. The Lynx Blue Line runs through Uptown, connecting Uptown to Charlotte's University City to the northeast and Interstate 485 to the southwest via light rail.

See also[edit]

References[edit]

  1. ^ "2021 Center City Fast Facts" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 23 May 2021.
  2. ^ "RENDERINGS: Uptown tower to undergo overhaul as Wells Fargo set to leave big vacancy". Charlotte Business Journal. Retrieved 26 August 2019.
  3. ^ Hudson, Caroline (7 February 2019). "Why 'transformational' BB&T-SunTrust deal is a big win for Charlotte — and the banking industry". Charlotte Business Journal. Retrieved 24 May 2021.
  4. ^ "2021 Center City Fast Facts" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 23 May 2021.
  5. ^ "2019 State of the Center City" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 23 May 2021.
  6. ^ Spanberg, Erik (5 February 2014). "Retail, office towers, hotels top uptown Charlotte's to-do list". Charlotte Business Journal. Retrieved 23 May 2021.
  7. ^ "FAQ City: Why Is Downtown Charlotte Called 'Uptown'?". WFAE 90.7. WFAE 90.7. Retrieved 23 May 2021.
  8. ^ "Charlotte-Mecklenburg Story: History Timeline: 'Down' Becomes 'Up'". cmstory.org Web Site. Public Library of Charlotte and Mecklenburg County. Retrieved 2015-09-28.
  9. ^ [ Proclamation Designating Central Shopping and Business District as 'Uptown Charlotte' ] by City of Charlotte Mayor John M. Belk; September 23, 1974; Note:This claim needs a reliable source and link
  10. ^ "Center City Neighborhoods". Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 25 May 2021.
  11. ^ Thomas, Jennifer (4 May 2020). "UNCC's uptown tower renamed to honor outgoing chancellor". Charlotte Business Journal. Retrieved 24 May 2021.
  12. ^ "2019 Development Report" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 24 May 2021.
  13. ^ "2019 Development Report" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 24 May 2021.
  14. ^ "Post Gateway Apartments: Charlotte Community & Amenities". www.postproperties.com. Retrieved 2016-03-28.
  15. ^ Fahey, Ashley (19 February 2020). "Infrastructure phase of Gateway Station is 60% complete; master design plan to be presented this summer". Charlotte Business Journal. Retrieved 24 May 2021.
  16. ^ "2019 Development Report" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 24 May 2021.
  17. ^ "2019 Development Report" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 24 May 2021.
  18. ^ Gaff, Michael (23 May 2021). "What's next for the Duke Energy Center and other Uptown offices". Axios Charlotte. Retrieved 23 May 2021.
  19. ^ "2021 Center City Fast Facts" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 23 May 2021.
  20. ^ "2021 Center City Fast Facts" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 23 May 2021.
  21. ^ "2018 State of the Center City" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 7 April 2018.
  22. ^ "Holding Companies with Assets Greater Than $10 Billion". Federal Financial Institutions Examination Council. 31 March 2020.
  23. ^ "Holding Companies with Assets Greater Than $10 Billion". Federal Financial Institutions Examination Council. 31 March 2020.
  24. ^ Van Hecke, M.S.; Steve Matthews (1986-12-11). "$300 million complex will rise 50 stories". The Charlotte Observer. pp. 1A.
  25. ^ "BB&T and SunTrust choose 'signature' uptown tower as headquarters for new bank". Charlotte Observer. Retrieved 26 August 2019.
  26. ^ Downey, John (26 February 2009). "Duke Energy moving HQ to Wachovia site". Charlotte Business Journal. Retrieved 24 May 2021.
  27. ^ "RENDERINGS: Uptown tower to undergo overhaul as Wells Fargo set to leave big vacancy". Charlotte Business Journal. Retrieved 26 August 2019.
  28. ^ "RENDERINGS: Uptown tower to undergo overhaul as Wells Fargo set to leave big vacancy". Charlotte Business Journal. Retrieved 26 August 2019.
  29. ^ Fahey, Ashley (22 January 2021). "Uptown office building sells for $201M to South Korean investor Hana Alternative Asset Management". Charlotte Business Journal. Retrieved 24 May 2021.
  30. ^ Hudson, Caroline (April 22, 2021). "ALLY'S BIG MOVE Fast-growing online bank joins major rivals on Tryon Street with opening of new hub". Charlotte Business Journal.
  31. ^ Hudson, Caroline (29 June 2020). "Charlotte-based executive Jim Kelligrew leading changes in US Bancorp's corporate, commercial banking division". Charlotte Business Journal. Retrieved 21 May 2021.
  32. ^ Boye, Will (21 November 2014). "U.S. Bank expands at Hearst Tower, leasing 35th floor". Charlotte Business Journal. Retrieved 21 May 2021.
  33. ^ Portillo, Elly (14 December 2014). "'Cranes are back' as office tower breaks ground uptown". Charlotte Observer. Retrieved 23 May 2021.
  34. ^ "2019 State of the Center City Charlotte" (PDF). Charlotte Center City Partners. Charlotte Center City Partners. Retrieved 23 May 2021.
  35. ^ Peralta, Katie (19 February 2021). "Renderings: How Charlotte's skyline is evolving". Axios Charlotte. Retrieved 23 May 2021.
  36. ^ Hudson, Caroline (23 April 2021). "ALLY'S BIG MOVE Fast-growing online bank joins major rivals on Tryon Street with opening of new hub". Charlotte Business Journal. Retrieved 23 May 2021.
  37. ^ Downey, John (12 February 2021). "'Hybrid' work policy at Duke Energy likely to reduce office space needs". Charlotte Business Journal. Retrieved 23 May 2021.
  38. ^ Fahey, Ashley (12 April 2021). "As office activity starts to pick up in Charlotte, questions remain on companies' space needs post-pandemic". Charlotte Business Journal. Retrieved 23 May 2021.
  39. ^ HUdson, Caroline (23 April 2021). "ALLY'S BIG MOVE Fast-growing online bank joins major rivals on Tryon Street with opening of new hub". Charlotte Business Journal. Retrieved 23 May 2021.
  40. ^ Downey, John (12 February 2021). "'Hybrid' work policy at Duke Energy likely to reduce office space needs". Charlotte Business Journal. Retrieved 23 May 2021.
  41. ^ Fahey, Ashley (12 April 2021). "As office activity starts to pick up in Charlotte, questions remain on companies' space needs post-pandemic". Charlotte Business Journal. Retrieved 23 May 2021.
  42. ^ Hudson, Caroline (23 April 2021). "ALLY'S BIG MOVE Fast-growing online bank joins major rivals on Tryon Street with opening of new hub". Charlotte Business Journal. Retrieved 23 May 2021.
  43. ^ Downey, John (12 February 2021). "'Hybrid' work policy at Duke Energy likely to reduce office space needs". Charlotte Business Journal. Retrieved 23 May 2021.
  44. ^ Limehouse, Jonathan (17 May 2021). "Duke Energy's future uptown HQ gets a new name as company looks to cut back on space". Charlotte Observer. Retrieved 23 May 2021.
  45. ^ Portillo, Ely (15 May 2015). "Explosion of development will transform Stonewall Street corridor over next 5 years". Charlotte Observer. Retrieved 23 May 2021.
  46. ^ Fahey, Ashley (20 June 2018). "Uptown tower sells, setting record price". Charlotte Business Journal. Retrieved 23 May 2021.
  47. ^ Fahey, Ashley (23 May 2019). "Bank of America Tower under contract to be sold in $436M deal". Charlotte Business Journal. Retrieved 23 May 2021.
  48. ^ Fahey, Ashley (5 June 2019). "Honeywell HQ to anchor latest office tower at Legacy Union in uptown". Charlotte Business Journal. Retrieved 23 May 2021.
  49. ^ Chemtob, Danielle (3 May 2021). "Construction on the latest bank tower in the Charlotte skyline is now complete". Charlotte Observer. Retrieved 23 May 2021.
  50. ^ Portillo, Ely (15 May 2015). "Explosion of development will transform Stonewall Street corridor over next 5 years". Charlotte Observer. Retrieved 23 May 2021.
  51. ^ "The Main Library of the Public Library of Charlotte and Mecklenburg County". Retrieved 2008-10-25.
  52. ^ "Future of Main Library | Charlotte Mecklenburg Library". www.cmlibrary.org. Retrieved 2020-04-22.
  53. ^ "ImaginOn: The Joe and Joan Martin Center". Retrieved 2008-10-25.

External links[edit]

Official websites