Beacon Partners is pleased to announce Ernst & Young LLP (EY), a global leader in assurance, tax, transaction and advisory services, as a new tenant at The RailYard Southend. Leasing 30,487 sq. ft., EY’s newest Charlotte office space will take up the entire fourth floor of the building, as well as a portion of the fifth floor.
“We couldn’t be more thrilled to welcome EY as a tenant as they bring cutting-edge technology and groundbreaking ideas to the Charlotte market,” said Kristy Venning, Broker, Beacon Partners. “The creativity and community aspects of The RailYard Southend align well with the collaborative spirit of EY, and we think they’ll find plenty of spaces, both indoor and outside, to inspire new ideas.”
Scheduled for completion in the first quarter of 2019, The RailYard South End is a mixed-use development featuring two eight-story buildings with 300,000 square feet of creative office space and 30,000 square feet of ground-level retail. The two buildings will be separated by a 15,000-square-foot community gathering place known as “The Yard,” designed to accommodate different functions including a large lawn for relaxing, outdoor dining, shopping and music. The Yard will be connected to a large indoor area, Central Station, via a 40’-wide, roll-up door creating nearly a half-acre of furnished, open-air gathering space.
In addition, The RailYard will have four dedicated restaurant spaces, each with outdoor dining, a coffee shop and café inside Grand Central, over 100 covered bike lockers, a 2,500-square-foot fitness center with locker rooms, two rooftop Sky Terraces and a designated Uber/Lyft drop off area in the rear of the property.
EY’s new office space in the RailYard will include one of its EY wavespace™ growth and innovation centers, designed to help clients catch the next wave in technology, achieve radical breakthroughs in digital transformation and navigate the transformative age. The Charlotte wavespace will feature a design studio, technology labs, collaborative workspaces and a client experience center to facilitate disruptive thinking in industries such as financial services and energy. More information on EY’s global network of wavespace innovation centers can be found at https://wavespace.ey.com.
“We are excited to expand our global network of EY wavespacecenters here in Charlotte. We expect the wavespace to play a major role in Charlotte’s innovation scene and look forward to the opportunity to collaborate with clients and startups to develop solutions for the challenges and opportunities that lie ahead,” said Malcomb Coley, Charlotte Managing Partner, Ernst & Young LLP and Carolinas Market Leader. “The RailYard is a great home for our innovative space. Its design, layout, location and amenities provide the backdrop we were seeking to drive our innovation agenda.”
“Charlotte has long been a growth and innovation powerhouse,” said Anthony Caterino, Vice Chair, Ernst & Young LLP, and Regional Managing Partner for the Financial Services Organization. “Opening our next EY wavespace in Charlotte will provide access to the exceptional local talent and enhance our ability to unlock breakthroughs in business transformation and tap into innovative ideas to address our clients’ most complex challenges. The center will bring the best of EY's multidisciplinary capabilities across digital, analytics, AI, robotics and cybersecurity to our clients, in a bold new way and help them fundamentally change the way they do business.”
Alongside Beacon Partners, the team for this project includes Edifice as general contractor; RBA Group as architect; and LandDesign as civil engineer. Barney Earles and Mike Fahey of CBRE represented EY. Kristy Venning of Beacon Partners represented the landlord. Financing of the project is being provided by Wells Fargo.
EY is a global leader in assurance, tax, transaction and advisory services and provides services to the global financial services marketplace. Nearly 51,000 EY financial services professionals around the world provide integrated assurance, tax, transaction and advisory services to our asset management, banking, capital markets and insurance clients. In the Americas, the EY organization is the only public accounting organization with a separate business unit dedicated to the financial services marketplace. Created in 2000, the Americas Financial Services Organization today includes more than 11,000 professionals at member firms in over 50 locations throughout the US, the Caribbean and Latin America.
EY professionals in its financial services practices worldwide align with key global industry groups, including the EY Global Wealth & Asset Management Center, Global Banking & Capital Markets Center, Global Insurance Center and Global Private Equity Center, which act as hubs for sharing industry-focused knowledge on current and emerging trends and regulations in order to help our clients address key issues. EY practitioners span many disciplines and provide a well-rounded understanding of business issues and challenges, as well as integrated services to our clients.
With a global presence and industry-focused advice, EY financial services professionals provide high-quality assurance, tax, transaction and advisory services, including operations, process improvement, risk and technology, to financial services companies worldwide.
About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.