South End is about to bulldoze its fanciest strip club to make way for a massive new $750 million 3-tower mixed-use development.
The new project, spearheaded by Chicago’s Riverside Investment & Development firm, will transform the block where the Uptown Cabaret and the Midnight Diner sit into over 1.2 million square feet of commercial and residential space.
“We are very excited and honored to join the Charlotte business community and help transform the area between Uptown and South End, creating a world-class live-work-play environment that will contribute to the city’s already impressive growth story,” Riverside COO Anthony Scacco noted in a press release. “We look forward to continuing our partnership with local officials to ensure thoughtful urban planning at this important location.”
As part of the redevelopment agreement with the City of Charlotte, Riverside agreed to invest in a “robust set of right of way and street network enhancements, to ensure positive street network & traffic flow for Morehead Square Drive, S. Tryon Street, E. Carson Boulevard and E. Morehead Street”.
Construction is now planned to start by the end of next year (2022).
The owner of the Midnight Diner plans on moving it to another location in Charlotte.
What do you think about the new project?