Sources: Developer circling prime site near uptown Charlotte for project

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Midnight Diner is located at 115 E Carson Blvd.
Melissa Key/CBJ
By Collin Huguley and Jennifer Thomas – Charlotte Business Journal
Updated

Chicago-based Riverside Investment & Development has filed a pre-submittal development document for a site in Charlotte. Multiple sources told CBJ that the company is planning a development there.

A developer appears to be circling a high-profile site near uptown Charlotte for a major project.

Chicago-based Riverside Investment & Development has filed pre-submittal development documents for the site. Multiple addresses are shown to be tied to the filing. One address listed in the project description is 1111 S. Tryon St.

James Anderson, vice president of Riverside, is listed as the applicant. The pre-submittal filing was filed on Friday, according to city records.

The South Tryon address is not affiliated with any specific building location but when put into Google Maps, it pinpoints the heart of South Tryon Street next to Midnight Diner. The parking lot bordering Midnight Diner has an address of 1109 S. Tryon St., according to county real estate records.

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The parking lot behind Midnight Diner.
Melissa Key/CBJ

When asked Tuesday if he planned to sell, Brian Dominick, owner of Midnight Diner, Uptown Cabaret and other bordering parcels including surface parking lots, said he had no comment.

Multiple sources told the Charlotte Business Journal that Riverside is planning a project there. Riverside declined to comment about its plans. The Midnight Diner and Uptown Cabaret will remain open, Dominick added.

A pre-submittal, or conceptual, meeting is required for urban-zoned projects, according to the city website.

The filing also includes 1111 N. Tryon St. as an address, according to the city database.

The North Tryon address matches that of a site just northeast of uptown Charlotte. Elizabeth Beretta, owner of 1111 N. Tryon St., said Tuesday she had no knowledge of the pre-submittal filing and had no plans to sell her property.

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Uptown Cabaret entertainment club is located at 108 E Morehead St.
Melissa Key/CBJ

Anderson declined comment when asked which address on the filing is correct.

It is unclear if a deal for property at any of the sites has closed or if any of the parcels are under contract at this point. Sources say office would be one use developed at the project, should it move forward.

Adam Williams, with Legacy Real Estate Advisors, is handling retail leasing on the nearby Vantage South End, an approximately $300 million development with plans for two 11-story office buildings, retail space and a boutique hotel. 

He described pending plans for 1111 S. Tryon as a major development step toward connecting South End and uptown.

"The lack of delineation between the two will be an asset for both and continue to make South End/uptown Charlotte the most exciting market in the state if not the region."

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