{"id":1004157795,"date":"2016-11-01T23:59:15","date_gmt":"2016-11-02T07:59:15","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004157795"},"modified":"2021-05-15T07:09:51","modified_gmt":"2021-05-15T15:09:51","slug":"stiles-picks-up-stalled-office-project-in-charlotte","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stiles-picks-up-stalled-office-project-in-charlotte\/","title":{"rendered":"Stiles Picks Up Stalled Office Project in Charlotte"},"content":{"rendered":"<p><em>By Veronica Grecu<\/em><\/p>\n<div id=\"attachment_1004157796\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/300-West-Summit-Charlotte.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004157796\" data-attachment-id=\"1004157796\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/stiles-picks-up-stalled-office-project-in-charlotte\/300-west-summit-charlotte\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/300-West-Summit-Charlotte-e1478075262305.png\" data-orig-size=\"399,224\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"300 West Summit &#8211; Charlotte\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/300-West-Summit-Charlotte-e1478075262305.png?w=399\" loading=\"lazy\" class=\"wp-image-1004157796 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/300-West-Summit-Charlotte-e1478075262305.png\" alt=\"300 W. Summit Ave., Charlotte\" width=\"300\" height=\"168\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/300-West-Summit-Charlotte-e1478075262305.png 399w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/300-West-Summit-Charlotte-e1478075262305.png?resize=300,168 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004157796\" class=\"wp-caption-text\">300 W. Summit Ave., Charlotte<\/p><\/div>\n<p><strong>Charlotte, N.C.<\/strong>\u2014A blighted 1-acre industrial site located in Charlotte\u2019s historic South End neighborhood is getting a much-anticipated facelift by Florida-based <a href=\"https:\/\/www.stiles.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Stiles<\/a>. The real estate developer announced plans this week to construct a new Class A <a href=\"https:\/\/www.commercialsearch.com\/news\/office\/\" target=\"_blank\" rel=\"noopener\">office building<\/a> on Summit Avenue, within walking distance from the Bland Rail Station.<\/p>\n<p>Construction has already started at 300 W. Summit Ave. with site cleanup, with vertical construction scheduled to begin in March 2017. Slated for completion in spring 2018, the three-story building will encompass 64,000 square feet of space designed to set a new standard for boutique urban office in Charlotte.<\/p>\n<p>Once completed, <a href=\"https:\/\/www.300westsummit.com\/\" target=\"_blank\" rel=\"nofollow noopener\">300 West Summit<\/a> will offer two 25,500-square-foot plates, as well as one 12,800-square-foot plate on the ground floor. Designed by Robert Johnson Architects as an infill development with the latest standards of sustainability, the office building will also feature a multi-level underground parking garage and a rooftop terrace with unobstructed views of the Uptown Charlotte skyline.<\/p>\n<p>Thanks to its strategic location between Uptown and South End, 300 West Summit has already stirred interest from corporations seeking a higher standard of urban office in South End. <a href=\"https:\/\/www.us.jll.com\/united-states\/en-us\" target=\"_blank\" rel=\"nofollow noopener\">JLL<\/a> Managing Director Charley Leavitt and Senior Associate Stephen Woodard are providing leasing services for the property.<\/p>\n<p>\u201cSouth End\u2019s walkability, access to transportation, and luxury residential living create the quintessential urban experience for today\u2019s office user,\u201d said Leavitt in prepared remarks. \u201cSouth End is one of the most unique locations in Charlotte due to its historic charm and plethora of dining establishments, activities and nightlife. This project has been well received by the brokerage community and we are already in active discussions with several lead tenants.\u201d<\/p>\n<p>As previously reported by the <a href=\"https:\/\/www.bizjournals.com\/charlotte\/blog\/real_estate\/2016\/03\/plans-forsouth-end-office-building-could-be.html\" target=\"_blank\" rel=\"nofollow noopener\"><em>Charlotte Business Journal<\/em><\/a>, the original development plans were submitted by MPV Properties (formerly known as Merrifield Partners) in 2007, but the project was stalled because of the economic downturn in 2008.<\/p>\n<p><em>Rendering courtesy of Stiles<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An out-of-state developer is bringing a long-planned commercial development back to life.<\/p>\n","protected":false},"author":258,"featured_media":1004507933,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21782,21808,21783,21742,21747],"tags":[],"class_list":["post-1004157795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-development","category-featured","category-investment","category-latest","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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