Wednesday, May 1, 2024

New plaza in Uptown Charlotte to become Duke Energy's corporate headquarters Duke Energy

duke energy center charlotte

The company expects this decision will result in $85-$90 million in savings over the next five years, which will benefit customers. The company is always focused on running the business in the most efficient way possible to benefit customers and maximize shareholder value. Devante Cuthbertson, 28, grew up in Greensboro and was working for a flooring company around 30 minutes away as a machine operator, but he left that job in 2023 to join the apprenticeship program at Guilford Tech. There, he takes classes twice a week and goes to the Toyota battery plant site three times a week for an apprenticeship program, applying classroom learning about electricity, motor controls and the components of car batteries. One is preparing the region’s workers for jobs that require different skills.

Construction Schedule

The 40-story tower under construction on South Tryon Street will be known as Duke Energy Plaza. When the building opens in 2023, it will house about 4,400 of Duke's current 6,000 uptown Charlotte employees and contractors. The facade of the structure is illuminated by hundreds of programmable color-changing LED and metal halide luminaires with design work by Gabler-Youngston Architectural Lighting Design. Due to the tower's high visibility over the east corner of Bank of America Stadium, the LED lights are used during key moments of sporting events played there.

Company will vacate several Charlotte area buildings and consolidate into the new Duke Energy Plaza.

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.

Building a Smarter Energy Future‌

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.

This area was to have been shared by Wachovia and Wake Forest University, which was to use it for its MBA courses. It would have taken up 45,000 square feet (4,200 m2) and housed approximately 750 traders per floor.[8] Wachovia would also have used floors 36 through 48. Examples highlighted include the many ways in which Duke Energy offers customers options for controlling their energy use, as well as the assistance it provides to its customers in need. Over the past two years, the company has helped customers access nearly $377 million in financial support through a dedicated agency team of customer advocates.

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Portions of uptown Charlotte streets closed due to ‘loose façade’ on building - WBTV

Portions of uptown Charlotte streets closed due to ‘loose façade’ on building.

Posted: Fri, 12 Jan 2024 08:00:00 GMT [source]

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.

Customer Service

duke energy center charlotte

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.

Carbon emissions from electric generation are down 48% from 2005 levels

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.

Since 2022, helped customers access nearly $377 million in financial support

The company has interim carbon emission targets of at least 50% reduction from electric generation by 2030, 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035, and 80% from electric generation by 2040. In addition, the company is investing in major electric grid enhancements, energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear. The company’s electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own approximately 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

But the potential dividends for the area — which includes Greensboro, Winston-Salem and High Point, in the center of the state — depend on equipping its workers with the skills needed for those new jobs. Mr. Kidd worried that many local workers lacked the education and skills to work at the plant. Scott Kidd didn’t expect a terribly busy job when he became the town manager of Liberty, N.C., a onetime furniture and textile hub whose rhythms more recently centered on a yearly antiques festival. The Doan’s made the tough decision that there was only enough money for his father and brother to make the journey.

Ivan Toth Depeña is an artist currently based in Charlotte, NC, after having lived and worked in Miami, FL and New York, NY. With a master’s degree in Architecture from Harvard University’s Graduate School of Design, Depeña’s artistic production is informed by his experience in art, architecture, technology and design, and encompasses a range of media. Depeña pursues the intersection between different disciplines with the aim of choreographing the moment when these aspects come together seamlessly. Using traditional avenues such as drawing, painting and sculpture then interweaving interactivity/responsiveness, video, light and high-tech methods of fabrication, Depeña explores the fine line between chance and intention. "Some employees will be working on site. Some will be working remotely full-time. But the majority of our office employees will have a hybrid schedule, where they're going to be splitting time between the office and working remotely," Nissan said. "And because of that, we're able to really reduce the amount of space that's required for our employees."

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