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Bank of America Plaza (Atlanta)

Coordinates:33°46′15″N84°23′10″W / 33.7708°N 84.3861°W /33.7708; -84.3861
From Wikipedia, the free encyclopedia
Skyscraper in Georgia, US

Bank of America Plaza
The Bank of America Plaza as viewed from theWestin Peachtree Plaza in 2024.
Bank of America Plaza (Atlanta) is located in Atlanta Midtown
Bank of America Plaza (Atlanta)
location relative to Midtown Atlanta
Show map of Atlanta Midtown
Bank of America Plaza (Atlanta) is located in the United States
Bank of America Plaza (Atlanta)
Bank of America Plaza (Atlanta) (the United States)
Show map of the United States
Former namesNationsBank Plaza
C&S Plaza
Record height
Tallest inGeorgia since 1992[I]
Preceded byOne Atlantic Center
General information
TypeCommercial offices
Location600 Peachtree Street NE
Atlanta, Georgia, United States
Coordinates33°46′15″N84°23′10″W / 33.7708°N 84.3861°W /33.7708; -84.3861
Construction started1991
Completed1992
CostUS$150 million
OwnerCP Group and HPS Investment Partners LLC
ManagementCP Group
Height
Architectural1,023 ft (312 m)
Roof933 ft (284 m)
Technical details
Floor count55
Floor area1,312,980 sq ft (121,980 m2)
Lifts/elevators24
Design and construction
ArchitectsKevin Roche,John Dinkeloo and Associates
Structural engineerCBM Engineers Inc.
Main contractorBeers Construction
Website
bankofamericaplaza.com
References
[1][2][3][4][5]

Bank of America Plaza (colloquially called thepencil building[6]) is asupertallskyscraper betweenMidtown Atlanta andDowntown Atlanta, Georgia, United States. At 1,023 ft (312 m), as of February 2024[update] the tower is the23rd tallest building in the U.S,,[7] the tallest building in theSoutheastern U.S.,[8] and was the tallest building in any U.S. state capital—overtaking the 820 ft (250 m), 50-storyOne Atlantic Center in height, which held the record asGeorgia's tallest building—until August 2025 when theWaterline tower inAustin, Texas, was topped-out. It has 55 stories of office space and was completed in 1992, when it was called NationsBank Plaza.[9] Originally intended to be the headquarters forCitizens & Southern National Bank (which merged withSovran Bank during construction), it becameNationsBank's property following its formation in the 1991 hostile takeover of C&S/Sovran byNCNB.[10]

Architectural details

[edit]

The building was developed byCousins Properties and designed by thearchitectural firmKevin Roche John Dinkeloo and Associates LLC.[11] Designed in the Postmodern style reminiscent of Art Deco, it was built in only 14 months, one of the fastest construction schedules for any 1,000 ft (300 m) building. The Plaza's imposing presence is heightened by the dark color of its exterior. It soars into the sky with vertical lines that reinforce its height while also creating an abundance of revenue-generatingcorner offices. It is located on over 3.7 acres (1.5 ha) onPeachtree Street.

There is a 90 ft (27 m)obelisk-likespire at the top of the building echoing the shape of the building as a whole. Most of the spire is covered in 23karat (96 percent)gold leaf. The open-lattice steel pyramid underneath the obelisk glows yellow-orange at night due to lighting. At its most basic, this is a modern interpretation of theArt Deco theme seen in theEmpire State Building and theChrysler Building. The inhabited part of the building actually ends abruptly with a flat roof. On top of this is built apyramid ofgirders, which are gilded and blaze at night, with the same type of yellow-orangehigh-pressure sodium (HPS)lighting used in older-stylestreet lights. Its design has been characterized as similar to theMesseturm inFrankfurt am Main, Germany.

The skyscraper, built at a 45-degree angle to the city's street grid, is set back off its eastern and western street boundaries, Peachtree Street and West Peachtree Street, by over 50 yards (45 m). This setback is filled, variously, by driveways, parking garage entrances, potted plants, granite staircases, and sloping lawns. The building directly abuts the sidewalk onNorth Avenue, its northern boundary, with access to this street through a parking garage entrance and stairs leading from the building's main lobby.

The skyscraper is across the street from theNorth Avenue station of theMARTA rail system.

Developers have rumored that the land under the surrounding driveways and lawns may be redeveloped into low- and mid-risemixed-use buildings with street-fronting uses as the area urbanizes and the value of land in Midtown Atlanta increases. In 2014, new sidewalks, pavers, ADA ramps, pedestrian light-poles, improved tree wells, new bike racks and landscaping were planned. These neighborhood improvements were completed by 2016 at a cost of $1.04 million.[12]

Upon its completion Bank of America Plaza was the tallest building in the United States outside New York City and Chicago, and the 8th-tallest building in the U.S. overall.[citation needed]

Renovations and sustainable building initiative

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In 2014, a $30 million renovation to the lobby, health club, and conference facility was completed[13] It has also achievedLeadership in Energy and Environmental Design (LEED) Silver certification. The building and property management were awardedMetro Atlanta Chamber of Commerce E3 Liquid Assets, a recognition in water sustainability.[14]Midtown Atlanta's Midtown Alliance also recognized it as an EcoDistrict Green Luminary for its significant commitment to sustainability practices.[15]

Beginning in 2016, $15 million will be invested over the next few years to significantly modernize the common areas including the lobby, west wing and some deferred maintenance.[citation needed]

Building ownership

[edit]

BentleyForbes acquired the building fromCousins Properties in 2006 for $436 million, a record price at $348 per square foot. In 2012, LNR and lenders acquired the property via foreclosure.[16]

In 2013, CWCapital took over the asset management, sponsoring and representing the building's bond holders from LNR and hired real estate services companyCushman & Wakefield and property manager Onyx Equities.[13]

In 2016, a fund managed by San Francisco-basedShorenstein Properties acquired the building.CBRE Group was hired to head leasing efforts.[17]

The largest tenant in the building isTroutman Pepper, a law firm.[citation needed]

In 2022, CP Group, the second-largest landlord in Atlanta, and HPS Investment Partners acquired the building in a joint venture for an undisclosed price.

In popular culture

[edit]

The building appears as the headquarters of Westgroup Energy in the AMC period dramaHalt and Catch Fire.This elegant tower frequently appears in cityscapes on the Netflix series The Resident.

Gallery

[edit]

See also

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References

[edit]
  1. ^"Bank of America Plaza".CTBUH Skyscraper Center.
  2. ^"Emporis building ID 121137".Emporis. Archived from the original on May 12, 2015.
  3. ^Bank of America Plaza atGlass Steel and Stone (archived)
  4. ^"Bank of America Plaza".SkyscraperPage.
  5. ^Bank of America Plaza atStructuraeEdit this at Wikidata
  6. ^Parker, Tyler (October 11, 2024)."Pencil Building: The iconic building that towers Atlanta's skyline".Technique.
  7. ^Fernandez, Bob (January 21, 2014). "Tallest between Manhattan and Chicago? An Atlanta peach".The Philadelphia Inquirer.
  8. ^"Bank of America Plaza Atlanta". Emporis. Archived from the original on March 30, 2012. RetrievedMarch 21, 2014.
  9. ^Trubey, J. Scott (February 8, 2012)."Bank of America Plaza becomes Atlanta's priciest repo".The Atlanta Journal-Constitution.Archived from the original on April 12, 2012. RetrievedJuly 5, 2012.
  10. ^Hayes, Thomas (July 22, 1991)."Big Merger Of Banks Called Set".The New York Times. RetrievedSeptember 28, 2007.
  11. ^"Bank of America Plaza". Cousins Properties Incorporated. Archived fromthe original on July 8, 2007. RetrievedSeptember 28, 2007.
  12. ^"Construction to Kick Off for Peachtree Street SONO Project in 2014". Midtown Alliance. Archived fromthe original on March 22, 2014. RetrievedMarch 21, 2014.
  13. ^abSams, Douglas (January 17, 2014)."BofA Plaza launches new strategy".Atlanta Business Chronicle. RetrievedMarch 21, 2014.
  14. ^"2014 E3 Awards". Metro Atlanta Chamber of Commerce. Archived fromthe original on March 26, 2014. RetrievedMarch 21, 2014.
  15. ^"Midtown Alliance Recognizes 19 Businesses, Buildings as 2014 EcoDistrict 'Luminaries'". Midtown Alliance. Archived fromthe original on December 31, 2014. RetrievedDecember 2, 2014.
  16. ^Trubey, J. Scott (February 8, 2012)."Bank of America Plaza becomes Atlanta's priciest repo".The Atlanta Journal-Constitution.
  17. ^Sams, Douglas (January 7, 2016)."Shorenstein Properties buys Bank of America Plaza".American City Business Journals.

External links

[edit]
Wikimedia Commons has media related toBank of America Plaza.
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