![]() ![]() When the Duke Energy Plaza is completed, Duke Energy will relocate their employees into the building as its new headquarters. All Duke Energy signs and plaques have been removed from the building and it has been temporarily renamed 550 South Tryon. Īs of DecemDuke had exited its lease of the Duke Energy Center with all Duke employees having vacated the building prior to the holidays. Wells Fargo, the building owner, plans to fill the space with some of its own employees as they are planning to stop leasing the One Wells Fargo Center. On May 17, 2021, Duke announced it planned vacate the building entirely. As of May 2021 Duke occupied 491,000 square feet (45,600 m 2) spanning 21 floors. Prior to the Duke Energy Plaza, Duke's most visible presence was the Duke Energy Center. Duke estimates they will save $85 to $90 million over the next five years. Duke's goal with its real estate consolidation is trimming its foot print from 2,500,000 square feet (230,000 m 2) to 1,000,000 square feet (93,000 m 2) by 2050. Even after completion of the tower, Duke will continue to occupy Optimist Hall, NASCAR Plaza, and Piedmont Town Center (until 2025). It is expected many employees will work from home part time. Also, the COVID-19 pandemic has changed the company's views about having employees work from the office full time. Many of the employees from the buildings that are closing will be relocating to the tower. Church Street, 4320 Yancey Road and 400 South Tryon. The company is reducing its real estate footprint by moving out of a number of buildings such as 401 S. ĭuke has 7,700 employees in the Charlotte area working in numerous offices. 3 acre lot was purchased from Eastern Federal Corp. 1.8 acres was divided into 5 transactions purchased from Consolidated Realty Co. The land purchase was six transactions from two separate companies. The site is a 2.1 acre former parking lot that was purchased in 2017 for $27.5 million. The lobby will also be on South Tryon Street. The site is located directly across from the former Duke Energy Center which once housed Duke Energy's corporate headquarters. It is scheduled to be completed by the end of 2022 with interior work completed in 2023. ![]() On August 20, 2021, the building was topped off when the last patch of concrete floor was added. Duke will lease back the entire building. Childress Klein is the developer of the project. ![]() The sale price could vary since final construction costs have not yet been determined. The building under construction in May 2021, the picture shows the form work system mentioned above.Īffiliates of CGA Capital and Childress Klein funded the construction and development cost, and once completed will buy the building for an estimated $675 million, a record high building sale for Charlotte. A system like this improved efficiency, reduced time spent lifting the frame from level to level, and improved the team’s safety performance." "Once a floor had been poured, the hydraulic lifting system rose the frame up to the next level and prepared for the next form. According to building contractor Batson-Cook "The schedule the team has established allows them to turn a 25,000-square-foot floor every week on the tower," according to a Baston-Cook news release. It also utilized a form work system that climbed with the structure to create concretes forms. The tower is the second-tallest building in the world to use this design. The building combines tube structure design with traditional cast-place concrete. The entire building features 1,000,000 square feet (93,000 m 2) of space, including 25,000 square feet (2,300 m 2) of retail space, a 7 floor parking garage for 1,100 vehicles, and will be a LEED-Gold Certified Class AA office tower. It will house up to 4,400 Duke Energy employees and contractors. Upon its completion it will become the third largest building in Charlotte by leasable square feet and serve as the corporate headquarters of Duke Energy. The Duke Energy Plaza is a 629 feet (192 m), 40 floor skyscraper in Uptown Charlotte, North Carolina. Skyscraper in Charlotte, North Carolina, U.S.ĥ25 South Tryon Street, Charlotte, North Carolina, United States ![]()
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