Bank of America is looking toward a 2010 completion date andwill share the space with other office tenants. The locallyheadquartered financial institution will occupy more than 25% ofthe property, according to Terry H. Francisco, senior vicepresident, national media relations; however, he tells GlobeSt.comthat there is no firm figure yet. He adds that the new asset willnot replace Bank of America's corporate headquarters, just add toits stable of office towers in the city.

Chairman and CEO Kenneth Lewis revealed the plans for the newtower at a noon press conference Thursday. The environmentallyresponsible office tower will feature an enclosed glass atrium andwinter garden, an enhanced glass pedestrian walkway across CollegeStreet to Founders Hall and a 700-space parking area, according toBank of America.

"Bank of America is pleased to again demonstrate its commitmentto the growth and prosperity of the Charlotte community," Lewissaid in a statement. "We are proud to have played such a vital rolein the city's development."

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