WSTB

One of the luxury malls here in the Atlanta area has metal detectors on the escalators and security everywhere, with rising crime. That will likely push more people toward lifestyle centers?

That building is so complicated! The former BB&T Financial Center (200 West Second Street) has three owners for the two different pieces needed to make something happen there and will have to be assembled. Also, buildings of that age are performing the worst right now (in leasing). I don't want to say this, but I'm guessing the City will have to assemble this? I don't think DWSP has the money? Is the Millennium Fund still around to assemble this, to avoid City restrictions on the use and upset bidding? Maybe a local developer/company who cares about the city would be willing to assemble it? It will likely have to be assembled before any developer will look at it? Thankfully, Truist has finally put the parking under the building on the market, but they want $4,609,400 for it! I'm sure they are aware that nothing can be done with the building without buying their parking deck. I've seen a number of old buildings reclad and, from what several people have told me, maybe this is one that should be considered for a reclad? In a reclad, it's possible to gain an extra floor for apartments/condominiums or to convert the 20th floor into an amenity floor. You could make something similar to BETTER THAN a Skyhouse from this, if done right. You could also convert the extension on the back into a really nice restaurant with outdoor seating around the reflecting pool. That could bring more people to the park during non-event times. Remove the PoMo (Crystal Palace-inspired) glass barrel vault and you could have a second floor outdoor amenity area for office, hotel, or residential tenants. Actually, the entire design is based largely on the Crystal Palace. The shallow floor plates are good for residential conversion, but I've heard people say over-and-over the green glass could be an issue. As well as how dated it looks. A reclad could give you balconies and outdoor common areas. I've seen many cities reclad sizable buildings like this, including Greensboro. I want to say Greenville also did a reclad? My hometown of Asheville recently completed a reclad of its second tallest that added enough height to make it the tallest. I can remember Charlotte doing a reclad or two in the 1990s? They are becoming more common as a way to update outdated designs. And many of them are nice. Winnipeg recently completed a reclad of an outdated 1979 building on their skyline. I don't think you have to drastically alter the shape of the structure. If anyone is daydreaming of it staying office, it will likely have to be reclad if you want Class A rent in the Triad. City incentives would likely work for an office relcad? This building could be the most 1980s structure in the entire state and it appears fully intact. Those are the buildings struggling the most right now.