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Truist - New HQ (BB&T-SunTrust Merger)

dubone

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in Charlotte

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37 minutes ago, Desert Power said:

400 South Tryon is exactly what I had in mind

3 Bryant Park didn't look much better before it was turned turquoise. Imagine... 400 South Tryon with a reskin and a Suntrust logo. Not all that far fetched. Spectrum turned a 60s office tower into condos at 230 South Tryon. plenty of buildings have gone through a reskin uptown.

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Crucial_Infra
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Personally, I refer to NYC as "Tryon Street North" 

captainjack
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Take a look at the comment section of the petition

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15895 City

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14 minutes ago, 11 HouseBZ said:

I must be the only one that loves the golden windows. It's so 60/70's. We should call it our Black Monday Building. Plus I like diversity in the sky line. Not everything has to be blue/green glass.

I like it too 

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Desert Power Burg

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50 minutes ago, 11 HouseBZ said:

I must be the only one that loves the golden windows. It's so 60/70's. We should call it our Black Monday Building. Plus I like diversity in the sky line. Not everything has to be blue/green glass.

No, I like the look of it.  Just wonder about it's viability as an office tower especially if LU builds as much office space as mentioned above.  WFC1, 400 South Tryon, BofA Plaza (which has done a great job on adding street level presence), and perhaps BB&T are all having some big tenants cut back.

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pgsinger Whistle-Stop

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If Wells Fargo is moving out of 1 WFC, then a lot of this space would be available.  Seems like one bank's former HQ would be perfect for another bank's current HQ.  The LL would also be willing to throw in some decent TIs to get them in that space.  They don't need the whole tower, just the top 33-50%.  This is formally my prediction.  1WFC becomes 1BBTSTC.

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KJHburg Ecumenopolis

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52 minutes ago, Desert Power said:

This is good news.  I really don't want to go to Ballentyne....most of 1WFC's floors are pretty bad, but it is a good location.

Old smoking Ed Crutchfield back in the day of FU got a long super cheap lease for that building that is up in 2021 and so the new Wells is moving some out and leaving some there.  

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KJHburg Ecumenopolis

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Yet another story from Atlanta (Georgia in case you did not know)  about the merger now they are saying the Georgia legislature help Charlotte rise as the #2 banking center in the country.  Oh my I don't think that was the case but if it makes you feel better go for it. 

https://www.ajc.com/blog/politics/the-banking-capital-that-georgia-lawmakers-created-charlotte/BZlZDofq4UNUGulK46dQDJ/

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jednc Burg

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1 hour ago, KJHburg said:

Yet another story from Atlanta (Georgia in case you did not know)  about the merger now they are saying the Georgia legislature help Charlotte rise as the #2 banking center in the country.  Oh my I don't think that was the case but if it makes you feel better go for it. 

https://www.ajc.com/blog/politics/the-banking-capital-that-georgia-lawmakers-created-charlotte/BZlZDofq4UNUGulK46dQDJ/

Sort of like how the NCGA helped Ga. become the TV/film capital of the S.E.

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kermit Metropolitan Area

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54 minutes ago, KJHburg said:

NC has had statewide banking since 1960s so our banks grew larger and larger.  They were the first to expand outside of NC like NCNB now BofA did in Florida.  Then into Texas.  and the rest as they say is history.  

 

:offtopic:[Pedant alert] Actually we have always permitted statewide bank branching, we were one of only 9 not to enact legislation preventing statewide branching following the crash of 29. NC was so poor at the time that the legislature felt no need to regulate banking in ways that would further hamstring capital accumulation. 

The First National Bank of Lake City acquisition was a product of some serious rule bending -- it was a classic "easier to ask for forgiveness than permission" strategy (photo below, McColl in helmet, the late Joe Martin (under flag) was the brother of soon-to-be governor Jim Martin) and entry into Texas was thanks to the Fed relaxing interstate banking rules quickly as a way out of the Savings and Loan Crises. Tom Storrs did a great job of positioning NCNB for the 'lightly regulated' era of banking but neither BoA or Wachovia would have grown so large if it were not for NC's light legislative hand (it didn't hurt that Tom Storrs and Jim Hunt were buddies and Hunt led the way in spearheading the creation of the SE Regional Banking Compact) .

 

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Old Carolinian Unincorporated Area

Old Carolinian

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The "Iwo Jima" photo is obscene and disrespectful.

There were 26,000 American casualties in the battle of Iwo Jima. 6,800 United States soldiers, marines and sailors sacrificed their lives for their country.

The only thing the men is the photo did was to line their pockets with bonus checks.

 

 

 

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KJHburg Ecumenopolis

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Business NC magazine about the BranchBankinginSunTrust merger.   Things I learned current CEO of Sun Trust is a UNC Chapel Hill grad interesting and he will be the CEO after Mr King retires.

http://businessnc.com/bbt-and-suntrust-merge-and-plan-to-move-to-charlotte/

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KJHburg Ecumenopolis

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43 minutes ago, SydneyCarton said:

I received a letter from BB&T recently.  I thought it said that it will continue to be called BB&T.  

My aunt got one too hers said no changes in 2019.  However they publicly announced there would be a new name when they announced the merger. 

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