CHARLOTTE — Construction has started on an 18,000-square-foot food hall at One Independence Center in Uptown Charlotte.
Monarch Market, which is expected to open later this year, will offer 12 food stalls, one full-service restaurant, three bars (including one fully outdoor concept along North Tryon Street), and private event space at 101 North Tryon Street.
The project marks the culmination of a three-year, $33 million dollar reimagining of the building at the iconic corner of Trade and Tryon by Crescent Communities and Nuveen Real Estate.
Planners hope the market will fill a void in the Uptown entertainment scene, offering food and drink options for people heading to a show or event at nearby venues such as Blumenthal Performing Arts and Spectrum Center.
“This space will provide an opportunity for One Independence Center to be a true food destination in the heart of Uptown Charlotte, one that will not only be attractive for the daytime worker, but a unique destination for nights and weekends as well,” said Charles Thrift, Founding Partner of Thrift Commercial Real Estate.
The space will be operated by Hospitality HQ, which still has openings for food and beverage tenants.
For more information or to stay up-to-date on the project, go to monarchmarketclt.com.
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