The new building, the Design Center Tower, will be located at 100 W. Worthington Ave. in the Design District, the walkable center of South End. Lowe’s tech center will occupy 15 upper floors in the 23-story building. The developer, a joint venture between Childress Klein and RAM Realty Advisors, plans to break ground on the Design Center Tower in August 2019 with Lowe’s moving in by late 2021.
Adjacent to the Lynx Blue Line light rail, the Rail Trail, restaurants and available parking and housing, the Design Center Tower will provide attractive amenities for the area’s top tech professionals. Lowe’s plans to work closely with city, county and state economic development leaders, along with local tech organizations, schools and universities, to help develop and add to the pipeline of tech talent that’s already a driving force in the state’s economic growth.
“Companies need top talent to succeed today, and North Carolina offers one of the best IT workforces in the world,” said Governor Cooper. “Our state’s focus on education means our people bring the skills companies like Lowe’s look for when they’re working to transform their business.”
The Charlotte Plaza at 201 S. College Street in uptown Charlotte will serve as the interim home for Lowe’s tech center, with the company occupying 200,000 square feet of office space on floors three through 10. Lowe’s tech professionals are expected to begin work this summer at the Charlotte Plaza, which is about 30 minutes from the company’s headquarters in Mooresville.
The new tech center will build on the company’s long-established presence in the Queen City. Lowe’s operates 21 stores and employs nearly 11,000 associates in Charlotte, where Lowe’s is a recognized leader in creating housing solutions, workforce development and economic mobility to drive positive change in the region.
“Today’s announcement is a tremendous victory for our city and a validation of our work to continue growth in the tech industry,” said Charlotte Mayor Vi Lyles. “Lowe’s is once again investing in the Charlotte region and this entire community will benefit from the commitment to create a tech pipeline with local schools and organizations.”
Lowe’s will maintain technology teams in existing strategic locations, including Kirkland, Wash., Bangalore, India and Mooresville, North Carolina.