Asana, MRP starting $250M office-to-resi conversion as rents normalize

The office-to-residential trend that has begun to offer glimmers of hope in central business districts across the nation will get its first-ever turn toward mixed-use in Charlotte’s Uptown district, where developers plan to remake the former headquarters of one of the metro’s lynchpin legacy corporations.

A joint venture of Asana Partners and MRP Realty has filed for permission to tear down the lobby and atrium portion of the 800,000-square-foot former Duke Energy building at 526 South Church Street, at the corner of Brooklyn Avenue, the Charlotte Business Journal reported. 

MRP Realty
Matthew Robinson | Principal-MF, Mixed-Use, Development
Asana Partners
Tom M. FitzGerald | Managing Director, Office

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