A hotel appears headed to South End
Hotel developer buys prime spot on South Tryon Street for $8M
The following article appeared in the December 4, 2023, edition of The Charlotte Ledger, an e-newsletter with smart and original local news for Charlotte. We offer free and paid subscription plans. More info here.
Developer of JW Marriott uptown buys prime real estate across from The RailYard
Photo of the site across from The RailYard development in South End. (Google Maps)
A company called Charlotte Tryon Hotel LLC bought two parcels totaling 0.626 acres on the corner of South Tryon and West Bland streets in South End last week, county property records show.
It’s a vacant lot across the street from The RailYard development.
The sales price: $8M, which translates to $12.8M an acre.
The purchaser appears to be affiliated with hotel management company White Lodging of Merrillville, Ind., which developed the new JW Marriott on College Street uptown.
The sale was first reported by Jason Thomas and CLT Development on Instagram on Friday. He had earlier reported that a city filing showed the site would be a hotel with underground parking and “multiple food and beverage outlets.” —Tony Mecia
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Executive editor: Tony Mecia; Managing editor: Cristina Bolling; Staff writer: Lindsey Banks; Business manager: Brie Chrisman, BC Creative