One Wells Fargo Center
One Wells Fargo Center | |
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General information | |
Type | Office |
Architectural style | Postmodern |
Location | 301 South College Street Charlotte, North Carolina, United States |
Coordinates | 35°13′26″N 80°50′41″W / 35.223805°N 80.844616°W |
Construction started | 1985 |
Completed | 1988 |
Opening | September 14, 1988 |
Owner | 301 College Street Center LLC[3] |
Management | Childress Klein Properties |
Height | |
Roof | 588 feet (179 m)[1] |
Technical details | |
Floor count | 42 |
Floor area | 994,033 square feet (92,348.7 m2)[2] |
Design and construction | |
Architect(s) | HLM Design, JPJ Architects |
Developer | Childress Klein Properties |
Other information | |
Parking | On site parking garage |
Public transit access | ![]() |
References | |
Emporis,[4] Childress Klein[5] |
One Wells Fargo Center is a 588-foot (179 m) skyscraper in Charlotte, North Carolina[1] and is the headquarters for Wells Fargo's east coast division[4][6] but will leave the building by the end of 2023.[7] Opening on September 14, 1988, it was the tallest building in North Carolina, until 1992 when it was surpassed by the Bank of America Corporate Center.[4] The building consists of 42 floors, a connected 22-story Hilton Hotel, YMCA, parking garage, plaza, and is connected to Two Wells Fargo Center via skybridge, as part of the Overstreet Mall.
History
In July 1985,
By mid-1986, Two First Union Center had been changed to a 42-story building, to be Charlotte's tallest,
As of May 13, 1988, a foundation was in place for the planned hotel, expected to be 19 stories and 250 rooms, but Trammell Crow had not yet submitted plans to the county's building standards department.
After First Union's purchase of Wachovia in 2001, and subsequent adoption of Wachovia's name in 2002, One First Union's name changed to One Wachovia Center.[17]
![](http://upload.wikimedia.org/wikipedia/commons/thumb/1/10/One_Wells_Fargo_Center%2C_Three_Wells_Fargo_Center.jpg/330px-One_Wells_Fargo_Center%2C_Three_Wells_Fargo_Center.jpg)
In 2007, Wachovia announced that it would be moving its headquarters to the new Wachovia Corporate Center, scheduled for completion in 2010.
In December 2010, the building was renamed to One Wells Fargo Center.[20] It houses the Wells Fargo East Coast Division. On June 14, 2012, Azrieli Group Ltd. of Israel announced it was buying the building for $245 million.[21]
Although Wells Fargo is the largest tenant, with 686,834 square feet (63,809.0 m2), or 70 percent of the space, and the namesake of the building, it is occupied by several large North Carolina businesses and national law firms.
In November 2012 it was announced that 1,500 Wells Fargo Securities employees would be relocated from the building to
Starwood Capital Group of Greenwich, Connecticut and Vision Properties of Mountain Lakes, New Jersey announced plans to buy the building in February 2013. The $245 million deal closed in April.[22] The building was sold again in March 2016 for $284 million.[3]
Wells Fargo announced it would exit its lease of the building at the end of 2021. Currently it is the largest tenant with 500,000 square feet (46,000 m2). The company has been consolidating its Charlotte footprint with leasing the entire 300 South Brevard building,
In February 2022 it was announced that Cushman & Wakefield will be handling leasing for the building. The building's landlord, Vision Properties, is almost finished with their $10 million renovations of the building. The renovations include improving the building's lobby, improvements to the outdoor plaza, and converting the top two floors into an amenity center. At the time of the announcement the building had a vacancy of 400,000 square feet (37,000 m2).[29]
In January 2023 Wells Fargo announced it would leave One Wells Fargo Center and Two Wells Fargo Center.[7]
See also
- List of tallest buildings in Charlotte
- List of tallest buildings in North Carolina
- Two Wells Fargo Center
- Three Wells Fargo Center
References
- ^ a b "One Wells Fargo Center". Council on Tall Buildings and Urban Habitat. Retrieved 28 November 2022.
- Charlotte Business Journal. Retrieved 24 December 2022.
- ^ a b Fahey, Ashley (March 29, 2016). "One Wells Fargo Center sold for $284 million". Charlotte Business Journal.
- ^ a b c "One Wachovia Center". Emporis. Emporis Corporation. Archived from the original on February 19, 2007. Retrieved 2008-03-09.
- ^ a b "Property Profile: One Wachovia Center". Childress Klein Properties. Archived from the original on 2007-11-09. Retrieved 2008-03-09.
- ^ "Company Information". Wachovia Corporation. Retrieved 2008-03-09.
- ^ Charlotte Business Journal. Retrieved 13 February 2023.
- ^ a b Katherine White, "N.C.-Held Firm Could Erect Obstacle for Downtown Project," The Charlotte Observer, October 3, 1985.
- ^ Richard Maschal, "New High-Rise to Reach into History", The Charlotte Observer, July 11, 1985.
- ^ Wendy McBane, "College Street Reemerges", The Charlotte Observer, June 14, 1986.
- ^ M.S. Van Hecke, "$300 Million Complex Will Rise 50 Stories", The Charlotte Observer, December 11, 1986.
- ^ David Perlmutt, "Hitting New Heights: First Union Gets Tall Bragging Rights", The Charlotte Observer, August 21, 1987.
- ^ M.S. Van Hecke, "First Union Moving into New Tower,"The Charlotte Observer, February 6, 1988.
- ^ Ron Stodghill II, "3rd St. Likely Omni Hotel Site," The Charlotte Observer, May 14, 1988.
- ^ Rob Urban, "Another Set Fire Mars Hotel Opening," The Charlotte Observer, October 19, 1990.
- ^ Doug Smith, "Back Uptown: Omni to Buy Radisson," The Charlotte Observer, December 9, 1998.
- ^ Tannenbaum, Fred (2002-01-18). "Wachovia Renames Charlotte's First Union Buildings". Charlotte Business Journal. Retrieved 2009-02-05.
- ^ "Wachovia to move top execs to new building". Charlotte Business Journal. American City Business Journals, Inc. 2007-08-21. Retrieved 2008-03-09.
- Charlotte Business Journal. Retrieved 2014-03-19.
- ^ Rothacker, Rick (2010-12-14). "Wells Fargo changing names of uptown towers". The Charlotte Observer. Retrieved 2010-12-21.[permanent dead link]
- ^ Andrew Dunn, "Israeli group to buy One Wells Fargo in $245 million deal," The Charlotte Observer, June 15, 2012.
- ^ Charlotte Business Journal. Retrieved 2013-04-18.
- ^ "One First Union Center". Civil Engineering Trails. American Society of Civil Engineers. Retrieved 2008-03-09.
- ^ "Womble Carlyle Sandridge & Rice Charlotte Office Detail". Womble Carlyle Sandridge & Rice. Archived from the original on 2008-02-06. Retrieved 2008-03-09.
- Charlotte Business Journal. Retrieved 3 October 2022.
- Charlotte Business Journal. Retrieved 5 June 2021.
- Charlotte Business Journal. Retrieved 2021-05-17.
- Charlotte Business Journal. Retrieved 5 June 2021.
- Charlotte Business Journal. Retrieved 3 October 2022.
External links
![](http://upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png)
- One Wachovia Center, Emporis entry