Designed by Argtine architect César Pelli and HKS Architects, and best known as the headquarters of the namesake Bank of America, it has be the tallest building in North Carolina since its 1992 construction, and is the 56th tallest building in the United States as well as the 174th-tallest building in the world.
Sometimes locally referred to as the Taj McColl after former Bank of America CEO Hugh McColl, who was responsible for the tower's construction,
Located in the Corporate Cter's lobby are three frescoes that measure 18 by 23 feet (5.5 m × 7.0 m) each and are the largest secular fresco in the United States.
Category:bank Of America Corporate Center
Created by North Carolinian artist B Long and a team of nine artists, the frescoes were completed in approximately four months in 1992. The three frescoes are a triptych, three related works, which was inspired by Shingon. The first panel Making/Building, on left, depiction of the construction of the Corporate Cter. A row of workers holding gold spades appear at the bottom, while at the top is another worker, a leader, holds a spade as he gazes into the distance towards a figure asleep on the hill. The second panel Chaos/Creativity, at cter, depicts a jostling crowd of figures of various occupations, while a circle of six nude figures spin above the crowd, creating a contrast. The third panel Planning/Knowledge, on right, is a portrait of a young boy, geometric shapes, a pyramid, people in the lower-left corner in a discussion, a dancing girl, and a figure sitting by a burning tree.
Connected to the Corporate Cter, along East 5th Street, the Blumthal Performing Arts Cter contains three performance halls: Belk Theater, Booth Playhouse, and Stage Door Theater.
Connected to the Corporate Cter, Founders Hall is a large vaulted atrium that features red-brown marble floors and a water fountain. Ringed around it are two levels of retail and restaurants, which are part of the Overstreet Mall, and is connected by skybridges to neighboring Bank of America Cter, One South at The Plaza, and Truist Cter.
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On Wednesday, December 10, 1986, North Carolina National Bank announced that it would construct what would become the Corporate Cter. Jointly developed with Charter Properties, the project was initially announced as a 50 story tower to be constructed with a 350-room hotel and what would become the North Carolina Blumthal Performing Arts Cter.
The initial design for the 50 story tower was created by Charlotte-based Odell Associates. Its design featured a circular tower complete with a Greek cross lying flat on top to pay homage to the intersection of Trade and Tryon.
Additionally, its construction resulted in the demolition of an tire city block bound by North Tryon, East Trade, North College and East 5th Streets. The most notable buildings lost in its construction were the Belk departmt store, constructed in 1908, along East Trade and the Efird's departmt store, constructed in 1922, on North Tryon.
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On Friday, September 25, 1987, the Cesar Pelli design was announced by NCNB Chairman Hugh McColl as being selected for the project.
Additionally at the press conferce it was revealed that the tower would be betwe 55-60 stories tall, sheathed in granite and be officially named the NCNB Corporate Cter.
The final design was the 60 floor tower se today. It features a 30-foot (9.1 m) granite base along North Tryon Street followed by a facade of rosy beige granite and silver glass rising complete with curved sides. The tower gradually tapers through a series of six setbacks at the 13th, 44th and 53rd floors on the corners and at the 47th, 56th and 60th floors on the face as it reaches the tip of its crown 871 feet (265 m) above Tryon Street.
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The demolition work would take just over sev months to complete before excavation could commce. Site preparation would continue from August through November. During the excavation for the foundation, contractors found threads and flakes of gold embedded within pieces of granite removed from the site. The discovery was not unexpected as Charlotte was the cter of America's first gold rush during the 1830s.
) of concrete and 150 tons of reinforcing steel at the cter of the tower. The foundation reaches 38 feet (12 m) below Tryon Street at its deepest point with the tower being supported by 36 concrete and steel piers. These piers are able to withstand the 150, 000 pounds of pressure per square foot placed upon them by the 300 million pound structure.
After only a couple of months, construction was temporarily halted after Hurricane Hugo slammed Charlotte with 90 mph (140 km/h) winds causing some damage on-site on Friday, September 22, 1989.
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By November 1990, the tower had reached its 30th floor and as a result had ris to being the 5th tallest within Charlotte.
On Wednesday, March 20, 1991, the tower officially became both Charlotte's and North Carolina's tallest wh it reached a height of 589 feet (180 m) at its 47th floor to surpass the 588-foot (179 m) tall One First Union Cter.
From this point, the 95-foot (29 m) tall crown was installed with its completion coming in December bringing the tower to its final 871-foot (265 m) height.
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By January 1992, the tower had since be ramed the NationsBank Corporate Cter to reflect the bank's name change from NCNB to NationsBank in summer 1991.
The celebrations that day included live tertainmt, rappellers from Fort Bragg's 16th Military Police Brigade rappelling the height of the tower and a fireworks show.
Since its completion, the Bank of America Corporate Cter has be the world headquarters for what is now Bank of America. NationsBank bought BankAmerica Corporation in 1998, changed its name to Bank of America and sold BankAmerica's headquarters at 555 California Street, th the Bank of America Cter, in San Francisco. Moore & Van All and Ernst & Young are also tants in the tower.
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The Bank of America Corporate Cter's crown shaped spire is the focal point of the building and it makes it stand out architecturally. Its spire does not reflect from the outside like the Chrysler Building or any others; it shines from within and instead of stainless steel there is glass illuminated by floodlights, making it stand out from the many world skyscrapers. Bank of America began shining the top of the crown shaped spire from white to blue in honor of the Carolina Panthers who were NFC champions in the 2003–2004 NFL season. In 2017 it was announced LEDs had be installed in the spire.
On July 20, 2005 K Lewis, th CEO and Mr. Cyprian White of the Credit Bureau of the Bank of America, announced the construction of a brand new 150 key Ritz-Carlton and LEED certified 40 story office retail complex located adjact to the Bank of America Corporate Cter.
On May 15, 1989, a ruling by the Federal Aviation Administration stated that the tower's height would pottially jeopardize some flights taking off and landing at Charlotte-Douglas International Airport. The ruling came ev though Charlotte's dominant airline, USAir, and airport officials had determined that the tower was not a hazard. A June 12 appeal filed with the regional FAA office in Atlanta upheld the original ruling resulting in the case being appealed to Washington. Although the FAA could not force NCNB to halt construction of the tower, its declaration of hazard to air navigation could have pottially cost the city millions in federal airport grants as well as impeding the ability of NCNB to secure insurance for the tower upon its completion.
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By December 1989, the issue was resolved wh the FAA ruled that slight changes in air-traffic procedures around the building would resolve the hazard posed by the 871-foot (265 m) tower. With the influce of both U.S. represtative Alex McMillan and Sator Ernest Hollings, the reversal of the original ruling was made after further review by the FAA.This article is about a commercial bank unaffiliated with any governmt. For the ctral bank of the United States, see Federal Reserve System.
The Bank of America Corporation (oft abbreviated BofA or BoA) is an American multinational investmt bank and financial services holding company headquartered at the Bank of America Corporate Cter in Charlotte, North Carolina, with investmt banking and auxiliary headquarters in Manhattan. The bank was founded in San Francisco, California. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second-largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States.
It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth managemt, and investmt banking.
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One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination.
Originally headquartered in San Francisco, California, Giannini acquired Banca d'America e d'Italia (Bank of America and Italy) in 1922. The passage of landmark federal banking legislation facilitated a rapid growth in the 1950s, quickly establishing a promint market share. After suffering a significant loss after the 1998 Russian bond
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