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Old 06-09-2017, 07:12 AM
 
Location: Tega Cay, SC
537 posts, read 548,750 times
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The building was built by Wachovia (WF) with capability for trading floors on ~ 6th or 7th but for whatever reason they decided not to use. Duke is the main occupier of the building and was allowed to name it.
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Old 06-09-2017, 07:14 AM
 
Location: Charlotte, NC
3,356 posts, read 8,868,147 times
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Quote:
Originally Posted by BC1960 View Post
Ok, you said "space" which is generally meant to mean a building. "Site" is a better word for a parcel of land.
Actually would probably have been better if I had said land .

I have actually been 9 floors below the building as well as being on the roof. It is an impressive building really curious to see if Duke do build across the street.
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Old 06-09-2017, 07:36 AM
 
1,455 posts, read 998,288 times
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Quote:
Originally Posted by Proud Father View Post
The building was built by Wachovia (WF) with capability for trading floors on ~ 6th or 7th but for whatever reason they decided not to use. Duke is the main occupier of the building and was allowed to name it.
Wells Fargo Securities occupied the trading floor space in Duke Energy Center in 2012 / 2013. Just took a while after the Wachovia acquisition. It is the principal trading floor for Wells Fargo now.

http://www.bizjournals.com/charlotte...ing-floor.html
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Old 06-09-2017, 08:07 AM
 
Location: Tega Cay, SC
537 posts, read 548,750 times
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Originally Posted by CLT4 View Post
Wells Fargo Securities occupied the trading floor space in Duke Energy Center in 2012 / 2013. Just took a while after the Wachovia acquisition. It is the principal trading floor for Wells Fargo now.

http://www.bizjournals.com/charlotte...ing-floor.html
Interesting, I've worked for Wachovia/Wells Fargo for years and wasn't aware. I've even worked on the 30th floor of DEC which is one of Wells floors. I was mis-informed.
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Old 06-09-2017, 01:24 PM
 
149 posts, read 102,123 times
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I think the odds are very strong that a new Duke HQ will rise on this site. Hopefully, it will be impressive.
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Old 06-10-2017, 06:52 AM
 
149 posts, read 102,123 times
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Duke has 1,400 Employees at 550 S. Tryon St.; 1,700 at 400 South Tryon; and 1,900 at 526 S. Church St.

Also, between the DEC and 400 S Tryon, it leases over 1m sf Uptown. Building its own tower makes sense.
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Old 06-10-2017, 07:14 AM
 
Location: Charlotte, NC
3,356 posts, read 8,868,147 times
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Originally Posted by Leopoldbloom View Post
Duke has 1,400 Employees at 550 S. Tryon St.; 1,700 at 400 South Tryon; and 1,900 at 526 S. Church St.

Also, between the DEC and 400 S Tryon, it leases over 1m sf Uptown. Building its own tower makes sense.
What they could possibly do as well is have retail on the bottom and rent some floors, this is done quite often nowadays as having some tenants usually covers the maintenance and operations of the entire building.
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Old 06-10-2017, 07:38 AM
 
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Having retail in the ground floor makes sense with all of the new apartments rising nearby. I think the Observer redevelopment will have a lot of retail too.
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Old 06-13-2017, 03:32 PM
 
Location: Charlotte
1,395 posts, read 1,868,949 times
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Quote:
Originally Posted by Leopoldbloom View Post
Having retail in the ground floor makes sense with all of the new apartments rising nearby. I think the Observer redevelopment will have a lot of retail too.
Strong rumors of Simon (owner of SouthPark and Concord Mills) developing a large retail mall for a later phase at the Observer site.

Hopefully if Duke is building a new HQ it’s just as impressive (or bigger) than the DEC. My question though is if that is the case, which company is going to need that much space in Uptown?
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Old 06-13-2017, 05:22 PM
 
149 posts, read 102,123 times
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That would be great.

There's so much precedent for successful, urban "malls". There's very strong speculation that the new Duke tower will be around 500' tall.
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