Depending on the economy, it could take up to five years for Bank of America’s University City office to be completed

The site, located near the corner of North Tryon Street and Mallard Creek Church Road, is within walking distance to a proposed light-rail station. Purchased last year, it cost $8 million.

In addition to two towers, 200 feet and 265 feed respectively, the new campus will also include restaurants, retail space and even a day care center.

One of the area’s largest employers, Bank of America was estimated to employ nearly 14,000 Charlotteans before downsizing began after it’s aquisitions of Merrill Lynch and Countrywide.

This isn’t the only secondary office space for the banking giant. It also boasts workspace in Ballentyne, a second Uptown location (on the corner of College and Fifth Streets) and it has also leased space in Huntersville.

Read more from The Charlotte Business Journal.

Leave a comment

Your email address will not be published. Required fields are marked *