The tallest building in the Southeastern United States, Bank of America Plaza in Atlanta, has for years struggled with elevated vacancy rates and what some residents have called an outdated 1990s design.
But Chris Eachus at CP Group, owner of the building since March 2022, said his firm has a plan to fix that — and to try to buck the trend of some high-profile towers around the country failing to revive demand after big upgrades.
CP Group is spending at least $60 million to renovate the 55-story tower. It ripped out the original lobby flooring and plans to replace it with Italian marble. Elevator vestibules are getting curved ceilings. Brokers are searching for a top-flight restaurant to occupy space near the lobby. Though safety and structural concerns may prevent it, a rooftop deck is a possibility. And the company converted four floors to speculative office suites and has secured leases on a third of the available space.
Lily Heimburger and Adrienne Crawford at SRS Real Estate Partners are the retail leasing agents.
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