• Lowe's picks Charlotte for huge tech hub to anchor new office tower

    By: Ken Elkins and Ashley Fahey, Charlotte Business Journal

    Updated:

    CHARLOTTE, N.C. - Lowe’s Cos. Inc. will anchor a new tower in South End, where it will invest $153 million and house up to 2,000 new tech hires, signaling that Charlotte beat out Dallas to become the home-improvement retailer’s “global technology center.”

    [ALSO READ: Lowe's CEO on improvements, looming ‘tweaks' for retail giant]

    Mooresville-based Lowe’s will lease 357,000 square feet at a 23-story building at the corner of Camden Road and West Worthington Avenue, to be erected across the street from the Design Center of the Carolinas and within a few yards of the East/West Boulevard Station on the Lynx Blue Line. The building, Design Center Tower, will be developed by Charlotte-based Childress Klein and Ram Realty Advisors, a Florida firm with a local office.

    Lowe’s would be the largest single tenant in the building, occupying 15 floors above ground-floor retail and eight or nine levels of parking. The company will have signage on the building.

    Marvin Ellison, president and CEO of Lowe’s, says the company was looking to ensure that it can attract employees with technical skills by locating in Charlotte and near transit.

    Read the full story and check out additional renderings here.

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