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Update on Development in South End

September 22, 2015

Office building coming to South End site of Food Truck Friday, Common Market

Read more here: http://www.charlotteobserver.com/news/business/biz-columns-blogs/development/article34383543.html#storylink=cpy

From The Charlotte Observer, September 8, 2015 - by Ely Portillo

A development company is under contract to buy a triangular parcel in South End that has seen the rise of Food Truck Friday and been the home to Common Market.

Cousins Properties plans to build an East Coast headquarters for Dimensional Fund Advisors on the site bounded by South Tryon Street, West Park Avenue and Camden Road. A land use attorney representing the developer said plans also call for street level retail.

Dimensional Fund Advisors said in July that it will bring 316 jobs when it opens new offices in Charlotte. The company will invest $105 million and plans to build a roughly 250,000-square-foot building. State and local incentives worth up to $18 million helped lure the Austin, Texas-based financial services firm.



Charlotte’s Tremont Music Hall is closing after two decades

From The Charlotte Observer, September 21, 2015 - by Courtney Devores

Tremont Music Hall is the latest local music casualty of development in Charlotte.

The owner of the South End venue said Monday that Tremont will close after a 20-year run in December. John Hayes, the venue’s third owner, has operated the club for the last five years.

Tremont joins the Chop Shop in NoDa, which will likely close and have to relocate once Crescent Communities starts a new development along the Blue Line light rail.

The Tremont building, located at 400 W. Tremont Ave., has been sold as development in the SouthEnd neighborhood continues to move down South and Tryon.

Read more here: http://www.charlotteobserver.com/entertainment/article35969106.html#storylink=cpy




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