Home / NASCAR / Charlotte Observer considers leasing new offices during NASCAR Plaza tower

Charlotte Observer considers leasing new offices during NASCAR Plaza tower

The Charlotte Observer is deliberation a pierce to new bureau space during a NASCAR Plaza building uptown, where a association would place a newsroom, promotion and executive offices.

A building assent filed Monday shows a Observer relocating brazen with intensity skeleton for a space, though no franchise or sublease has been signed.

“We wish to pierce to a new plcae this year,” Publisher Ann Caulkins pronounced Monday in a note to employees. “We have pulled building permits for 3 floors of a former Chiquita space that we’re considering, though during a impulse we have not entered into any contracting franchise or sublease, and a tangible opening of any work will be contingent on entrance to final terms on a franchise or sublease.”

Chiquita Brands International recently vacated 6 floors of a building during Stonewall and South Caldwell streets, after relocating a general domicile following a merger by dual Brazilian firms.

Workers private a banana company’s trademark from a tip of a building in November. The 20-story bureau building is owned by Parkway Properties, and is trustworthy to a NASCAR Hall of Fame.

The Observer’s new offices would yield a some-more complicated workplace for a company, that has undergone vital changes in a transition from a print-focused association to a digital-first news organization. A series of other newspapers, including The Miami Herald, The Washington Post and The Philadelphia Inquirer, have sole their downtown buildings in new years and changed to newer offices.

Charlotte growth organisation Lincoln Harris is underneath agreement to buy a Observer’s stream site on South Tryon Street in a understanding that hasn’t sealed yet. Lincoln Harris hasn’t pronounced what it skeleton to do with a 9.4-acre site, that is one of a largest tracts accessible for redevelopment in uptown.

Current building dates to ’71

The Observer’s stream building has stood given 1971. The 360,000 square-foot, concrete-and-glass edifice has prolonged been a widespread tie on a southern finish of uptown, covering dual city blocks with comforts that enclosed copy presses, a newsprint warehouse, parking lots and offices. It housed both a Observer and a afternoon Charlotte News until a latter joined with a Observer and ceased announcement in 1985.

[Related: The Observer’s story during 600 South Tryon Street]

In 2014, a Observer changed a copy operations from a initial building of 600 South Tryon to a University City copy plant it acquired from a Dow Jones edition association for $5 million. And as a Observer has reduced staff, tools of a stream building are no longer used. At 44 years old, a building is also significantly comparison and reduction energy-efficient than many other bureau space uptown.

California-based McClatchy, a Observer’s primogenitor company, eliminated tenure of a uptown skill to a grant account in 2011, as partial of a understanding to cover a $50 million remuneration obligation.

The tentative sale of a Observer site comes as growth booms on a south side of uptown, fueled by a breakneck gait of unit construction and a miss of new bureau space available. Plans for a Stonewall Street mezzanine embody dual bureau towers, hundreds of apartments, 3 hotels and a Whole Foods. Crescent Communities skeleton to mangle belligerent Wednesday on a Whole Foods and adjoining apartments.

[Related: Lincoln Harris underneath agreement to buy Charlotte Observer property]

Leave a Reply

Your email address will not be published. Required fields are marked *