Charlotte Is Turning a Nearly Empty Office Tower Into 399 Apartments and a W Hotel

A Charlotte office tower that fell into foreclosure with most of its space empty is getting a radically different second life.

The former Wachovia Center at 400 South Tryon will become 399 apartments and Charlotte’s first W Hotel, replacing nearly 600,000 square feet of aging office space with residents, hotel guests, restaurants and entertainment.

The 34-story tower was purchased for $36 million in 2025 after falling into foreclosure. At the time, it was only about 23% occupied…

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