“Charlotte is excited with both of the developments,” says Tracy Finch Dodson, director of economic development for Charlotte Center City Partners, a private nonprofit group whose mission is the economic, cultural and residential development of the urban core. “We see it as an enormous opportunity. For so long we have had one of the country’s lowest vacancy rates for offices in the central business district.”
The two new towers developed by the city’s banks, combined with two other office towers now under construction, NASCAR Plaza and 400 South Church, will add more than 2.1 million sq ft of Class A office space to the central business district in 2010.