July 1, 2019
Mooresville, NC-based home improvement company Lowe’s plans to build a new technology center in Charlotte.
Set to open in 2021, the 357,000-square-foot facility will be located in a new Lowe’s-branded 23-story tower in Charlotte’s South End neighborhood. The developer, a joint venture between Childress Klein and RAM Realty Advisors, plans to break ground on the building, called Design Center Tower, in August.
Lowe’s will invest approximately $154 million in the facility, which is expected to employ around 1,600 software engineers, data scientists, user experience professionals and other related disciplines. Meredith O’Connor and Rob Metcalf of JLL were responsible for advising Lowe’s on site selection, incentives and the real estate transaction.
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