Today’s Real Estate Whispers is sponsored by The McIntosh Law Firm. At The McIntosh Law Firm, we offerexperienced legal guidance in real estate development, property revaluation appeals, government relations, land use, estate planning, and business law—helping clients navigate complex legal and regulatory challenges.

It’s time to indulge in the latest irresistible edition of Charlotte Commercial Real Estate Whispers, where the city’s most tantalizing land deals, rezonings and developments are seductively unwrapped. Prepare to be captivated by the pulse-racing drama of Charlotte’s real estate world, where every transaction whispers temptation and every revelation feels like a delicious encounter you can’t resist.

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In today’s edition:

1. An interview with Tony Scacco of Riverside Investment & Development on how his company got the financial green light to build a 43-story mixed-use tower in South End — one of the largest office projects in Charlotte in the last few years amid a tough time for building such projects.

2. What Elon University’s president says about the university’s real estate needs in Charlotte, following the announcement this week of a merger between Elon and Queens University of Charlotte.

3. Renderings! New ones emerged this week of a proposed hotel on South Tryon Street in South End.

4. A round-up from other reliable sources of top real estate news, including plans for a hotel in Dilworth, a scaling back of BofA’s real estate portfolio and a frenzy of property moves by Beacon Partners.

Let’s get to it!

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Riverside Investment & Development’s 43-story 1111 South Tryon mixed-use building will have an unusual design, with the office component above the apartments. That was one key to getting financing. (Courtesy of Riverside Investment & Development)

Tony Scacco is doing something a lot of Charlotte developers want to be able to do these days: He got the financing to build.

And to build not just anything — but a 43-story tower in a prime South End location that will contain the most square footage of office space started in Charlotte in the last 3 ½ years.

The building, to be called 1111 South Tryon, should be coming out of the ground by the end of the year. Its sister building in the Queensbridge Collective project, 111 East Carson, is a 42-story residential tower that is nearly complete.

So what’s the secret? How did Scacco’s company, Riverside Investment & Development, get it done, at a time when building new office space has seemed almost impossible?