Title
Set a Public Hearing on the Jefferson-First Union Tower Historic Landmark Designation
Action
Action:
Adopt a resolution setting a public hearing for September 28, 2026, to consider historic landmark designation for the property known as the "Jefferson-First Union Tower" (parcel identification number 125-051-01).
Body
Staff Resource(s):
Monica Holmes, Planning, Design, and Development
Erin Chantry, Planning, Design, and Development
Charlotte-Mecklenburg Historic Landmarks Commission Representative(s):
Stewart Gray, Historic Landmark Commission Department Director
Tommy Warlick, Historic Landmarks Department Historic Preservation Specialist
Explanation
* The city has received a recommendation from the Charlotte-Mecklenburg Historic Landmarks Commission (HLC) to designate Jefferson-First Union Tower as a local historic landmark.
* Public hearings are required prior to City Council action on designation requests.
* The Jefferson-First Union Tower is located at 301 South Tryon Street in Council District 1.
* Designation of this property could significantly contribute to its long-term preservation.
* The Jefferson-First Union Tower is listed under parcel identification number 125-051-01, and the recommended designation would include the exterior and portions of the interior of the structure and a portion of the land associated with the tax parcel.
* The property is zoned UC.
* The property is owned by 301 S Tryon PropCo LLC which is in agreement with the designation request.
* Based on the current value, the potential amount of deferrable taxes would be approximately $124,525 for the City of Charlotte taxes, $5,440 for Charlotte Special District 1, $17,595 for Charlotte Special District 3, and $209,397.50 for Mecklenburg County taxes. This estimate is based on Mecklenburg County's current appraised value of $162,869,200 for the property. However, given the April 23, 2026, sale of the property for $36,500,000 and the upcoming 2027 countywide property reva...
Click here for full text