Charlotte-based developer Crescent Communities and general contractor Brasfield & Gorrie say they have topped out the 26-story Ally Charlotte Center, a 742,000 sq. ft. office building at the corner of Stonewall Street and Tryon Street in Uptown Charlotte. The developer and contractor’s teams celebrated the milestone by gathering at the construction site to sign the final beam on July 10.
Crescent Communities broke ground on the mixed-use development in early 2018.
Little Diversified Architectural Consulting designed the structure, rising 427 feet.
“We are delighted that Crescent and Brasfield & Gorrie have reached this construction milestone and look forward to delivering an exceptional building to our lead occupant Ally Financial in the first quarter of 2021,” said Crescent Communities CEO Todd Mansfield in a statement
“This project will have a significant impact on Uptown Charlotte as it dramatically increases the area’s office space and retail capacity,” said Brasfield & Gorrie vice-president and division manager Michael Byrd. “We are grateful to continue our relationship with Crescent Communities while investing in Charlotte’s development.”
Both Crescent Communities and Brasfield & Gorrie made a commitment early on to enhance opportunities for minority and underutilized businesses to be included in the bidding process for the project.
To date, more than $7 million in work on this project has been completed by these teams. To kickstart this initiative, the teams hosted a series of events, forums and information sessions to inform the subcontracting community about its projects and arranged introductory sessions matchmaking minority and underutilized businesses with larger subcontractors and general contractors, the companies said in a statement.