The building opened in March 1974 as NCNB Plaza, it served as the world headquarters for NCNB and its successor, NationsBank, until the opening of NationsBank Corporate Center in 1992. The company relocated their corporate headquarters from Georgetown, South Carolina to occupy space on the 37th, 38th, and 39th floors. Korf Industries had signed a lease for 60,000 square feet (5,600 m 2). In January 1974 another tenant announced they were leasing space ahead of the March 1974 building open. The sculpture was created by Italian sculpture Arnaldo Pomodoro. The sculpture was part of the plaza between the hotel and tower which included granite pavers, with trees and shrubbery throughout the plaza. In December 1973 it was announced that the plaza of the building would have a 5 ton sculpture from Italy that was a rotating cast bronze disc 15 feet in diameter called " Il Grande Disco" is located in the plaza adjacent to the building. In June 1973 The Charlotte Athletic Club announced they had signed a lease for 25,000 square feet (2,300 m 2) and planned to occupy the space in the fall of 1975. signed a lease for 30,000 square feet (2,800 m 2) which included the 40th floor of the building. In February 1973 Aetna Life announced they had signed a lease for 40,000 square feet (3,700 m 2) in the building to house 300 employees. Īs predicted the building saw a lot of leases signed prior to opening. This construction boom increased office space in Uptown from 2,300,000 square feet (210,000 m 2) in 1969 to 7,000,000 square feet (650,000 m 2) in 1974 at a development cost of $164.4 million. Don Browning, general manager of Independence Square Associates stated this about his optimism about the market's ability to fill the office space in the building prior to its opening "If it continues the way it's been going, it will be more than 100 percent leased". ![]() However, developers were optimist that the new supply would be quickly occupied. At this point in Charlotte history, it was the biggest office building boom. These 3 also included the new Wachovia building and Southern National Center, the 3 added totaled 1,400,000 square feet (130,000 m 2) of office space. The tower was 1 of 3 buildings under construction or newly finished in Uptown at that time. North Carolina National Bank took out a $28 million loan from Metropolitan Life Insurance Company to cover construction costs for the tower and a 6-story 650 space parking structure. Kress & CO building, Simpson Photo Service, and a Belk department store occupied a portion of the block the building was being built on. ![]() The site was originally between the business of the S.H. The second parcel was sold to ISA in late 1972. The first parcel was 1-acre and it was sold to ISA in August 1972. Independence Square Associates was a joint venture between North Carolina National Bank and Crow, Carter, and Associates. The Redevelopment Commission, the prior owner of the 3-acre building site, in March 1971 agreed to sell it to Independence Square Associates in multiple transactions for a total of $1 million. The building site was sold in 3 transactions. On the ground floor is the Overstreet Mall, which connects to neighboring buildings via skybridges located below-grade is the parking garage with space for 456 vehicles and leases a nearby five-level garage, providing 730 additional parking spaces. It contains 891,000 square feet (82,777 m 2) of rentable area of which 75,000 sq ft (7,000 m 2) of retail space, and the rest office space. ![]() One South at The Plaza (formerly the Bank of America Plaza) is a 503 feet (153 m), 40-story skyscraper in Charlotte, North Carolina. Tourmaline Capital Partners and Monarch Alternative Capital
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