RBC Plaza
Encyclopedia
RBC Plaza, also known as RBC Tower, is the largest and tallest skyscraper
in the city of Raleigh
, North Carolina
, USA. The tower rises to a height of 538 feet (164 m) and is situated on a 0.83 acres (3,358.9 m²) lot housing approximately 730000 square feet (67,819.2 m²) of office and retail space, parking and residential condominiums. The building at the corner of Fayetteville Street, Martin Street, and Wilmington Streets serves as corporate headquarters for RBC Bank
(formerly RBC Centura), the U.S. banking arm of Royal Bank of Canada
. This is also the tallest tower between Philadelphia and Charlotte
.
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 130000 square feet (12,077.4 m²) 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.
As a testament to the plan's success, all of the RBC 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 275000 square feet (25,548.3 m²) 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 62500 square feet (5,806.4 m²) of office space, located on floors 15, 16 and 17 of the RBC Plaza. The facility also has 17000 square feet (1,579.4 m²) of street-level retail and seven floors of parking.
Skyscraper
A skyscraper is a tall, continuously habitable building of many stories, often designed for office and commercial use. There is no official definition or height above which a building may be classified as a skyscraper...
in the city of Raleigh
Raleigh, North Carolina
Raleigh is the capital and the second largest city in the state of North Carolina as well as the seat of Wake County. Raleigh is known as the "City of Oaks" for its many oak trees. According to the U.S. Census Bureau, the city's 2010 population was 403,892, over an area of , making Raleigh...
, North Carolina
North Carolina
North Carolina is a state located in the southeastern United States. The state borders South Carolina and Georgia to the south, Tennessee to the west and Virginia to the north. North Carolina contains 100 counties. Its capital is Raleigh, and its largest city is Charlotte...
, USA. The tower rises to a height of 538 feet (164 m) and is situated on a 0.83 acres (3,358.9 m²) lot housing approximately 730000 square feet (67,819.2 m²) of office and retail space, parking and residential condominiums. The building at the corner of Fayetteville Street, Martin Street, and Wilmington Streets serves as corporate headquarters for RBC Bank
RBC Bank
RBC Bank, formerly Centura Banks, is the United States retail banking division of the Royal Bank of Canada. The headquarters for the bank are located in Raleigh, North Carolina. Banking centers and automated teller machines are located throughout the Southeastern United States...
(formerly RBC Centura), the U.S. banking arm of Royal Bank of Canada
Royal Bank of Canada
The Royal Bank of Canada or RBC Financial Group is the largest financial institution in Canada, as measured by deposits, revenues, and market capitalization. The bank serves seventeen million clients and has 80,100 employees worldwide. The company corporate headquarters are located in Toronto,...
. This is also the tallest tower between Philadelphia and Charlotte
CHARLOTTE
- CHARLOTTE :CHARLOTTE is an American blues-based hard rock band that formed in Los Angeles, California in 1986. Currently, they are signed to indie label, Eonian Records, under which they released their debut cd, Medusa Groove, in 2010. Notable Charlotte songs include 'Siren', 'Little Devils',...
.
RBC Centura had been courted for years by cities across the East Coast to move its headquarters from Rocky Mount
Rocky Mount, North Carolina
Rocky Mount is an All-America City Award-winning city in Edgecombe and Nash counties in the coastal plains of the state of North Carolina. Although it was not formally incorporated until February 28, 1867, the North Carolina community that became the city of Rocky Mount dates from the beginning of...
, 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 130000 square feet (12,077.4 m²) 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.
As a testament to the plan's success, all of the RBC 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 275000 square feet (25,548.3 m²) 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 62500 square feet (5,806.4 m²) of office space, located on floors 15, 16 and 17 of the RBC Plaza. The facility also has 17000 square feet (1,579.4 m²) of street-level retail and seven floors of parking.