OUR 11TH CITY

We’re doing our best to keep the airlines in business, so we're launching yet another issue early next month, this one in Charlotte, NC. Earlier this week, your itinerant publisher snapped the city’s symbol and tallest building, the 871-foot, 60-story Cesar Pelli Bank of America Corporate Center, opened in 1992. In a reference to the Nations Bank CEO who drove the merger with BOA, legendary Hugh McColl, wags refer to the tower as the “Taj McColl.” On the right is the 659-foot, 1.6M SF, eight-year-old Hearst Tower, also owned by BOA. The finance giant has other big buildings around, including one just opened last June, obviously planned pre-recession. Do you get the idea this might be a banking town?
 
However, it’s less a finance Mecca than it used to be. We captured the 786-foot former Wachovia HQ building (much of the staff has moved to SF since Wells Fargo acquired the bank) in the distance, doused in amazing blue and white floodlighting. The tower's been renamed Duke Energy Center, even though Wells is still the owner. It opened just last year and the new name reflects the “other” big industry in Charlotte. The boxier building is another Duke building, 400 N. Tryon.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

Taiwan Semiconductor Manufacturing Co. Could Expand In North Texas

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Blackstone Mortgage Trust Reports Unexpected Q3 Net Loss

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

CoStar To Acquire Aerial Imagery Company For $730M