PNC Plaza (Raleigh) explained

PNC Plaza
Completion Date:2008
Location:Fayetteville Street
Raleigh, North Carolina,
United States of America
Top Floor:538feet
Floor Count:33
Floor Area:729998square feet
Building Type:Office, Retail, Residence
Status:Completed
Architect:Cooper Carry
References:[1]

PNC Plaza, formerly known as RBC Plaza, is the largest and tallest skyscraper in the city of Raleigh, North Carolina, United States. The 33-story tower rises to a height of 538feet and is situated on a 0.83acres lot housing approximately 730000square feet of office and retail space, parking and residential condominiums.

Location and original purpose

The building is at the corner of Fayetteville Street, Martin Street, and Wilmington Streets served as corporate headquarters for RBC Bank (formerly RBC Centura), the U.S. banking arm of Royal Bank of Canada, before being bought by PNC Financial Services. This is also the tallest tower in North Carolina outside of Charlotte, the largest city in the state.

RBC Centura had been courted for years by cities across the East Coast to move its headquarters from Rocky Mount, and in August 2005, CEO Scott Custer announced the bank's intentions to relocate to downtown Raleigh. RBC wanted a tall building that would add to the Raleigh skyline, but the bank needed only 130000square feet of office space, enough to fill about five floors of an office building. So, Highwoods partnered with Dominion Partners of Raleigh to build 139 residential condos on top of the office building, enough to stretch the building to 33 floors and make it taller than any other office building in the Triangle.

Building use and facilities

All of the PNC Plaza condominiums sold out in August 2008, less than three months after Dominion started taking non-refundable deposits on the units, which ranged in price from $230,000 to $800,000. There are separate lobbies for the office tenants and the residential tenants, a rooftop swimming pool for residents, and a second parking garage with 1,050 spaces across the street. The building has a floor area of 278208square feet[2] of office space on 11 floors, of which 65 percent is leased to RBC Centura and Raleigh law firm Poyner & Spruill.

In September 2009, the Raleigh office of the Williams Mullen law firm moved into 62500square feet of office space, located on floors 15, 16 and 17 of the RBC Plaza. The facility also has 17000square feet of street-level retail and seven floors of parking.[3]

See also

External links

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Notes and References

  1. Web site: RBC Plaza. Skyscraper Center. CTBUH. 2017-07-12.
  2. Web site: 301 Fayetteville St Raleigh, NC. CrediFi. 12 July 2016.
  3. Web site: RBC Plaza - Triangle Business Journal. https://web.archive.org/web/20120916084649/http://www.bizjournals.com/triangle/stories/2008/01/07/story12.html. dead. 2012-09-16. 2012-09-16. 2020-04-04.