Lincoln Harris teeing up third office tower at Legacy Union uptown site

The Charlotte developer recently filed documents with the city that indicate another office tower is pegged for the site, at an address of 700 S. Mint St. The application, filed with the city’s development services group, indicates 287,000 square feet of office and 17,250 square feet of retail space is planned.

Lincoln Harris could not be immediately reached on Friday for more information.

The filing calls for 700 South Mint to have ground-floor retail, pedestrian connections, streetscape and urban open space. In addition to office and retail space, 800 parking spaces are listed as part of the application.

700 South Mint, if approved, would be the third office tower at the 10-acre site, which is bounded by South Tryon, Stonewall, Mint and Hill streets. If built according to filed plans, it would be smaller in square footage than its predecessors: Bank of America Tower, which is finishing up, is the largest at 850,000 square feet, while 650 South Tryon, underway now and to be anchored by Deloitte, will measure 362,000 square feet.

The Mint Street building would sit directly across from Bank of America Stadium and be the first office tower at Legacy Union without a Tryon Street address.

Johno Harris, president of Lincoln Harris, has previously declined to talk specifics about the future of Legacy Union, indicating only that a mixture of uses would be sought for the site, a prime location that covers two city blocks on the southern edge of uptown. He previously noted a lack of big blocks of office in uptown and demand for space in the market.

Lincoln Harris and Goldman Sachs acquired the land, a large portion of which was formerly home to The Charlotte Observer, for $37.5 million in 2016.

With significant office deals coming to Charlotte — the headquarters of Honeywell International Inc. and the merger of BB&T Corp. and SunTrust Banks Inc. among them, in addition to organic growth — the central business district office market is experiencing a good run. Towers are underway and leasing up quickly throughout uptown and even South End, which has become an office submarket of its own in the past couple of years.