The Bank of America Plaza, one of Charlotte’s earliest symbols of Uptown renewal, is set to receive a $20 million makeover that will include expanding and renovating the main lobby and creating new ground-floor retail space.
The 40-story, 891,000-square-foot office tower at Trade and Tryon streets is home to Bank of America, the law firms Alston & Bird and Shumaker, Loop & Kendrick and SCOR Global Life Americas.
The renovations will add close to 20,000 square feet of retail space among four storefronts at street-level.
In addition to renovations, improvements will include a new brand identity and marketing campaign for the building, which is owned by Dallas, Texas-based TIER REIT and is 92 percent occupied.
“Bank of America Plaza plays an important role in the city’s business community,” said Scott Fordham, president and CEO of TIER REIT, “and these renovations allow us to continue serving our tenants and the city with meaningful amenities to further enhance downtown’s growing retail scene.”
The lead designer is Richard Boswell of Redline Design Group. The general contractor is Rodgers Builders.