More Retail For The Center City
Another important step towards making the Center City more livable is retail. In this story Charlotte Eye reports more retail is on the way. The Founders Hall revamp will certainly contribute to making the Trade/College Street intersection more appealing to pedestrians. Currently a stark wall, interrupted only by false windows and the former valet parking entrance, this facade is dull by day and dark by night. The planned renovation, combined with the visual excitement promised by EpiCenter, will hopefully lead to the invigoration of the entire College Street corridor. Now, if only the other College Street property owners will step up.
BofA adding retail face to its banking headquarters
RICK ROTHACKER
Founders Hall is getting a $40 million facelift.
Bank of America Corp. said it's renovating the shopping and gathering place attached to its Uptown headquarters, adding room for street-level retail and greening the plaza area at Trade and Tryon streets.
The project will contribute to Uptown's small but growing retail scene. It also adds to a College Street corridor poised for new vitality with the construction of the nearby EpiCentre entertainment complex and Bank of America's Ritz-Carlton hotel/office tower development.
Retail "is a next natural step for the development of center city," said Michael Smith, chief executive of Charlotte Center City Partners, which promotes Uptown neighborhoods.
Smith said his organization has been working with government officials, developers and executives with Bank of America and Wachovia Corp. to study Uptown's retail prospects. The group expects to issue a report Dec. 6.
Shoppers aren't likely to bypass suburban malls to come Uptown, but retail adds to the experience of visitors and a growing cadre of center-city residents, Smith said. In the most recent addition to the retail landscape, a Target/Home Depot opened last month just outside the Interstate 277 loop.
The Founders Hall project is designed to improve the pedestrian experience on College and Tryon streets, Bank of America said. It will tie in to the $450 million hotel/office tower project across College Street via previously announced skybridges.
The Ritz is set to open in 2009; the office tower in 2010.
Founders Hall is a mini-mall that largely caters to office workers with restaurants, a coffee shop, clothing stores and other retail outlets. In the makeover, the College Street facade -- now largely a blank brick wall -- will get a new look with a lot more glass, an escalator and a new entrance.


