Construction is officially underway on Charlotte’s newest banking tower: Ally Charlotte Center, which is being built at Stonewall and Tryon streets.
Demolition and utilities relocation has been ongoing for several weeks, but general contractor Brasfield & Gorrie said Thursday that construction on the building itself has begun. The cost of the project was not disclosed.
The building is set for completion in 2021, and the project also includes ground-floor retail space and a separate building with a 350-room hotel.