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Warehousing

Four old warehouses in west Charlotte are getting an $80 million facelift

In a rapidly changing stretch of west Charlotte off Tuckaseegee, an Atlanta developer called Third & Urban is in the midst of refurbishing four old warehouses. The $80 million project is called Lower Tuck.

Third & Urban plans to turn 260,000-square-foot adaptive reuse project into creative offices, a showroom, and retail space, according to a statement from the developer. Construction on the project began in July and is expected to finish next summer.

The pandemic has helped shape the design of the space, the developer says. For instance, tenants will have private, controlled entrances and individual heating and cooling systems. Lower Tuck will also have common area courtyards and private tenant patios.

The project will incorporate modern design elements into the buildings’ original mid-century aesthetic. It will have elements like barrel-vaulted ceilings, new skylights, restored brick walls, and concrete floors.

Located about two miles from Uptown, along Jay and Gesco, Lower Tuck is situated in a part of west Charlotte that’s seen a flurry of development and new businesses in recent years.

Hygge Coworking, Not Just Coffee, and Lucky Dog Bark & Brew are all nearby, for instance. The project is less than a quarter-mile from Savona Mill, a former textile mill that a developer plans to turn into retail, offices, and residences.

Lower Tuck is located in one of Charlotte’s opportunity zones. Part of the 2017 tax reform law, opportunity zones are state-designated areas in which developers get federal tax incentives to build.

Third & Urban paid $23.2 million for the properties for the project, the Charlotte Business Journal reported. The four properties are at 929 and 1018 Jay St., 700 Tuckaseegee Road and 800 Gesco St. They are all former warehouses, including a former Clorox manufacturing center, according to CBJ.

“We are bullish on the supply-demand equation for creative office, and the shift in preferences to low-density, accessible workplaces with big personality. We foresee a strong recovery here starting next year and are leaning into that wave of demand,” Pierce Lancaster, managing partner at Third & Urban, said in the statement.

Here are a few conceptual renderings of what the project will look like when it’s done. Renderings are courtesy of Third & Urban.

Lower Tuck

Lower Tuck

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