One of uptown’s office towers will soon look different, with a $14 million update planned to modernize and remake large parts of the structure.
Charlotte Plaza, at 201 South College Street, dates to 1982. The 27-story building is notable for its dark, reflective glass, walling off the exterior and creating a blank slate facing pedestrians.
New York-based owner Rabina Properties aims to change that, replacing some of the dark glass at ground level with a clear, well-lit entry to the building.
“In our renovation of Charlotte Plaza, we are going to light the building from within,” said John Gaulden, co-managing director at the Charlotte office of Gensler. The architectural firm is leading the project. “In stark contrast to its darker, reflective exterior, our interior renovation is designed to project a new sense of light, with open spaces and gathering places that spark creativity and focused collaboration.”
The renovation plans also include new signage on the tower and parking deck, along with new pavers and planters at the front of the building. “Sculptural light forms” will illuminate new escalators in the lobby.
Tenants at the 645,000 square-foot building include the Charlotte School of Law, Grant Thornton, Capgemini and CBRE. Restaurants include Bentley’s on 27, Starbucks, Showmars, Panera Brea and the Carolina Ale House. The building is 92 percent leased.
“This leading-edge renovation will strengthen Charlotte Plaza’s position as the most connected building in Center City Charlotte,” said Foundry Commercial managing director Mark Holoman, in a statement. They handle office leasing and are managing the project. “Current and future tenants will benefit from experience-driven interior and exterior enhancements for years to come.”
The renovation is expected to be completed in 2018.
South College Street LLC, an entity affiliated with Rabina Properties, bought the Charlotte Plaza building for $160 million in 2015, real estate records show.