{"id":1004488741,"date":"2020-10-30T05:19:18","date_gmt":"2020-10-30T13:19:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004488741"},"modified":"2020-10-30T05:19:18","modified_gmt":"2020-10-30T13:19:18","slug":"spectrum-cos-kicks-off-project-expansion-in-charlotte","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/spectrum-cos-kicks-off-project-expansion-in-charlotte\/","title":{"rendered":"Spectrum Cos. Kicks Off Project Expansion in Charlotte"},"content":{"rendered":"<div id=\"attachment_1004488792\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Vantage-South-End-Charlotte-N.C.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004488792\" data-attachment-id=\"1004488792\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/spectrum-cos-kicks-off-project-expansion-in-charlotte\/spectrum-companies-west-tower-lendingtree\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Vantage-South-End-Charlotte-N.C.jpg\" data-orig-size=\"820,585\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;The Spectrum Companies&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;The project will include two 11-story office buildings, an expansive urban park with event space, restaurants, shopping and a 200-room boutique hotel. The project is located one block from the Carson light rail stop in South End and just two blocks from Uptown Charlotte. LendingTree \\u2013 the nation\\u2019s largest online lending marketplace \\u2013 will anchor the development, moving its headquarters into 175,000 square feet in the first office building, which is set to be complete in January 2021.&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;Spectrum Companies West Tower LendingTree&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Spectrum Companies West Tower LendingTree\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Vantage South End. Image courtesy of The Spectrum Cos.  &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Vantage-South-End-Charlotte-N.C.jpg?w=820\" class=\"wp-image-1004488792 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Vantage-South-End-Charlotte-N.C.jpg\" alt=\"\" width=\"300\" height=\"214\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Vantage-South-End-Charlotte-N.C.jpg 820w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Vantage-South-End-Charlotte-N.C.jpg?resize=300,214 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Vantage-South-End-Charlotte-N.C.jpg?resize=768,548 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004488792\" class=\"wp-caption-text\">Vantage South End. <em>Image courtesy of The Spectrum Cos.<\/em><\/p><\/div>\n<p>The Spectrum Cos. has moved a step closer toward the realization of its $300 million<strong>&nbsp;<\/strong>mixed-use Vantage South End development in Charlotte, N.C., with the start of construction on a second office building. The new East Tower will deliver approximately 290,000 square feet of premier office space to the market.<\/p>\n<hr>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/charlotte-commercial-real-estate-wrap-up-september-2020\/\">Charlotte Commercial Real Estate Wrap-Up \u2013 September 2020<\/a><\/p>\n<hr>\n<p>Spectrum is <a href=\"https:\/\/www.commercialsearch.com\/news\/spectrum-breaks-ground-on-577-ksf-project-in-charlotte\/\">developing Vantage South End<\/a> in partnership with Invesco Real Estate. Located one block from a light rail stop and within close proximity of Bank of America Stadium and Truist Field, the mixed-use project will span 5 acres and serve as a connection between Charlotte&#8217;s Uptown and South End communities. At full build-out, the property will feature roughly 580,000 square feet of Class A office space, a 200-key boutique hotel and approximately 57,000 square feet of restaurant and retail offerings. Additionally, the site will be home to a 1-acre urban park available to tenants and the community.<\/p>\n<p>The new East Tower development will stand 11 stories at 1415 Vantage Park Drive and, like the West Tower, it will feature event and conference offerings and a bevy of terraces overlooking the mixed-use destination&#8217;s urban park. Spectrum expects the open and activated green space to serve as a major draw for tenants. The company describes the project as centering on a &#8220;work from park&#8221; concept, or WFP, marking another advancement in the remote <a href=\"https:\/\/www.commercialsearch.com\/news\/amid-office-changes-workplace-strategies-are-evolving\/\">&#8220;work from anywhere&#8221; evolution<\/a>.<\/p>\n<h2>Pandemic-era lease-up<\/h2>\n<p>The first office building at Vantage South End has already attracted LendingTree as a tenant; the online lending marketplace will anchor the West Tower with a 175,000 square-foot space beginning in the first quarter of 2021. As for the newly begun office building, Spectrum is undeterred by the challenges the national office market is facing due to COVID-19. As Steve McClure, chief operating officer of The Spectrum Cos., said in a prepared statement, the company is still excited about the prospects for Charlotte and believes that the region\u2019s quality of life, unrivaled talent pool and dynamic neighborhoods will continue to attract companies seeking a place where they and their employees can grow and prosper.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new East Tower will be the second office structure at the $300 million Vantage South End, a mixed-use development the company is building in partnership with Invesco Real Estate.<\/p>\n","protected":false},"author":969,"featured_media":1004488792,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21782,21752,21742,21747],"tags":[33882,36357],"class_list":["post-1004488741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-development","category-mixed-use","category-latest","category-office","tag-invesco-real-estate","tag-the-spectrum-companies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Spectrum Cos. 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