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Duke Energy’s corporate headquarters will be located at the new Duke Energy Plaza beginning in 2023. Until that time, the company will transition into other existing facilities and begin to adopt the new workplace model. Duke Energy continuously reviews all aspects of the business for opportunities to improve and this real estate plan makes the best business sense.
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– Duke Energy today announced that three public art installations will be constructed at the company’s new headquarters in uptown Charlotte – the Duke Energy Plaza – to celebrate the city and company’s mission. The works of art will be freely accessible to the public and emphasize the company’s commitment to powering the vitality of its communities. Wachovia was to occupy 450,000 square feet (42,000 m2)[7] of the 1.5 million square feet (140,000 m2) tower. The third floor would have been occupied by training areas during the day and classrooms at night.
Home Design Trends in Charlotte Real Estate
The GSA program is an outgrowth of 2017’s landmark solar legislation in North Carolina. Programs such as solar rebates for customers and solar leasing were also part of that legislation. In 2015, Duke Energy’s pilot program for GSA – the Green Source Rider – had companies like Google and Cisco participate. Under a 20-year power purchase agreement, Duke Energy will secure zero carbon power to partially offset the city of Charlotte’s energy demand. Olalekan Jeyifous received a bachelor of architecture degree from Cornell University and is a Nigerian-born, Brooklyn-based artist whose work re-imagines social spaces that examine the relationships between architecture, community, and the environment.
Duke Energy exits former HQ as it awaits completion of new uptown tower - Charlotte Business Journal - The Business Journals
Duke Energy exits former HQ as it awaits completion of new uptown tower - Charlotte Business Journal.
Posted: Tue, 11 Jan 2022 08:00:00 GMT [source]
Floor plans
Currently, Duke Energy maintains more than 3,300 MW of solar power on its energy grid in North Carolina and operates 40 solar facilities. Duke Energy plans to move its headquarters to a new building it's constructing across the street from its current home in uptown Charlotte. The company says it's adopting a new workplace model that dramatically reduces its need for office space. Key to that transition is the role of work force development programs, which involve partnerships between businesses and community colleges to provide the skills to work in advanced manufacturing. The GSA allows large customers to offset its power purchases by securing renewable energy from projects connected to the Duke Energy grid. The customer may keep the renewable energy certificates (RECs) from the projects and use the energy purchased to satisfy sustainability or carbon-free goals.
This incredible journey paved the way for Thomas Doan's career
Duke Energy is executing an aggressive clean energy strategy to create a smarter energy future for its customers and communities – with goals of at least a 50 percent carbon reduction by 2030 and net-zero carbon emissions by 2050. The company is a top U.S. renewable energy provider, on track to operate or purchase 16,000 megawatts of renewable energy capacity by 2025. The company also is investing in major electric grid upgrades and expanded battery storage, and exploring zero-emitting power generation technologies such as hydrogen and advanced nuclear.
Thomas Built, a bus manufacturer based in High Point since 1916, has been making electric buses over the past decade. It has nearly 2,000 employees in High Point, making it one of the city’s top employers. He knew Duke Energy had an Asian Inclusion Network (AIN) Employee Resource Group (ERG) in its Ohio/Kentucky region, where the company provides electricity to 910,000 residential, commercial and industrial customers. Doan joined AIN’s Cincinnati, Ohio, chapter but was disappointed that he couldn’t attend in-person events in his geographical location. Rates for North Carolina customers will remain below the national average, even after Duke Energy Progress completes approximately $6.3 billion in upgrades to make the electric grid more resistant to outages and enable faster power restoration.
According to Zillow, the average home valuation in the Triad’s three main cities is around $250,000, compared with more than $300,000 for the state as a whole and more than $400,000 in the Triangle. One school offering such training is Guilford Technical Community College, the site of Mr. Cooper’s Greensboro appearance. At the same event, Jill Biden, the first lady, highlighted what she saw as the importance of such programs to enacting President Biden’s economic agenda. In High Point, a hosiery mill sat vacant for decades, opening only for biannual furniture showrooms. But in 2021, a group of local investors joined with the city’s Chamber of Commerce and a local foundation that donated more than $40 million to convert the site to a co-working space, Congdon Yards.
Duke Energy unveils community-inspired public art at new corporate headquarters
Along with her husband, who worked for Nike, Melissa Binder left Portland, Ore., in 2019 for Winston-Salem to raise their child. They bought their house for $315,000 in 2019, and Ms. Binder said it offered more space than the house they owned in Portland. Now it’s trying to forge a new economy from more highly skilled manufacturing. We recognize these individuals as both enriching U.S. culture and being instrumental to its future success. It’s why Duke Energy joins organizations and communities across the country in May, Asian American and Pacific Islander (AAPI) Heritage Month, to mark the contributions and influence of Asian Americans, Native Hawaiians and Pacific Islanders. Their incredible story represents a generation of people who overcame a perilous journey at sea in search of peace, freedom and safety.
Company will vacate several Charlotte area buildings and consolidate into the new Duke Energy Plaza.
High Point became known as the home furnishings capital of the world, with the city and surrounding areas accounting for 60 percent of the country’s furniture production at their peak. Along with furniture, Greensboro and Winston-Salem specialized in textiles and tobacco. And while the Research Triangle of Raleigh, Durham and Chapel Hill had renowned universities in the University of North Carolina, Duke and North Carolina State, the Triad had Wake Forest University.
Together, the sculpture and video are designed to capture the movement of time and light, creating an immersive experience for employees and visitors alike. The new real estate plan continues the company’s efforts to best house its approximately 6,000 employees and contractors in Charlotte to continue delivering affordable, reliable and increasingly clean energy, as well as customer-focused products and services. After a thorough review of the company’s current and future real estate needs in Uptown, the company also plans to exit the Duke Energy Center located at 550 South Tryon Street and Piedmont Town Center in South Park. Once the new tower is complete, the company plans to sell its 526 Church Street and 401 College Street facilities and exit 400 South Tryon Street. The plan will consolidate the space the company occupies in the Charlotte area over the next several years with the goal of reducing its footprint from approximately 2.5 million square feet to approximately 1 million square feet.

Anthony Clarke, the president of Guilford Tech, said the arrival of Toyota — with the promise of high-paying jobs — had boosted interest in the school’s programs. In downtown Winston-Salem, old cigarette factories have become the Wake Forest Innovation Quarter, a research-focused district that cost more than $500 million. In Greensboro, one of the city’s oldest textile mills has been converted into a mixed-use complex, with amenities like a pizzeria to go along with office space. Like many states, North Carolina has drawn on new federal and state incentives to attract more advanced manufacturing and clean technology businesses. And the Triad, built on the tobacco, textile and furniture industries, is trying to pivot toward advanced manufacturing, offering a potential blueprint to other regions whose economic engines sputtered with globalization and the rise of automation.
Spokesperson Neil Nissan said the company is adopting a new flexible workplace model built on lessons learned during the pandemic. The company is adopting a new workplace model where some office employees will work onsite or remotely full-time, but the majority of office employees will have a hybrid schedule where they will split time between working in the office and working remotely. But for others in the Triad, particularly in more rural parts like Liberty, the transition could prove more challenging.
Siemens Energy and Duke Energy's gas power plant achieves GUINNESS WORLD RECORDS™ title - Duke Energy News Center
Siemens Energy and Duke Energy's gas power plant achieves GUINNESS WORLD RECORDS™ title.
Posted: Tue, 23 Aug 2022 07:00:00 GMT [source]
Forward-looking statements are based on management’s beliefs and assumptions. Various factors may cause actual results to be materially different than the suggested outcomes within forward-looking statements; accordingly, there is no assurance that such results will be realized. Duke Energy expressly disclaims an obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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