Financial institution of America Plaza is likely one of the tallest buildings within the Southeast. Picture courtesy of CommercialEdge
CP Group has began its $50 million renovation plan of Financial institution of America Plaza, a 1.3 million-square-foot workplace tower in Atlanta. The proprietor, by way of a three way partnership with funds managed by HPS Investments Companions, picked up the workplace property in 2022, from vendor Shorenstein Properties.
Holder Development is the contractor, with Gensler accountable for the constructing’s redesign. CBRE shall be offering leasing providers. The renovation undertaking is seeking to reconnect Atlanta’s iconic skyscraper to road exercise, stated Gensler’s Co-Managing Director Kevin Songer, in ready statements. The metro’s tallest constructing, the upgraded tower shall be rebranded as “The South Star”.
Positioned at 600 Peachtree St. NE, the 55-story, Class A+ workplace constructing’s floorplates vary between 23,500 and 25,547 sq. toes. The property contains retail house, 24 passenger elevators, an on-site convention heart, a health heart and 1,282 lined parking spots, in accordance with CommercialEdge.
Reimagining Atlanta’s tallest constructing
The renovations will end in an upgraded 20,000-square-foot foyer, that can revive Kevin Roche’s authentic Artwork Deco design, a espresso bar, a common-area workspace for tenants and friends and an artwork gallery. CP Group can also be planning for an on-site restaurant and a tenant lounge on the fifty fifth flooring.
Gensler’s reimagined foyer of Financial institution of America Plaza. Picture courtesy of CP Group
The proprietor just lately added 13 workplace spec suites totaling 100,000 sq. toes to the property, as a part of its worCPlaces, a versatile office program, launched in August 2022.
Positioned on practically 4 acres, Financial institution of America Plaza is near Interstate 85 and Atlanta’s Tech Sq., whereas being 12 miles from Hartsfield-Jackson Worldwide Airport and inside 18 miles of Marietta, Ga.
The present tenant roster contains Financial institution of America’s monetary heart, CapTech Consulting, U.S. Common Providers Administration, The Ducos Legislation Agency and Benesch, amongst others. CBRE’s Government Vice President Jeff Keppen and Senior Vice President Nicole Goldsmith are the leasing brokers in cost.
Earlier this month, CP Group secured 5 new tenants at Paces West, an 18-story, 640,000-square-foot workplace constructing in Atlanta.
