The Plaza: Difference between revisions
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On [[May 25]], [[2006]], Regions announced a merger with [[AmSouth Bank]]. The following January it put the Regions Plaza building up for sale and made plans to consolidate headquarters operations into the neighboring [[Regions Center]]. The Regions Bank branch on the ground floor of the building closed on [[July 12]], [[2007]], with its employees and accounts moving with the headquarters. | On [[May 25]], [[2006]], Regions announced a merger with [[AmSouth Bank]]. The following January it put the Regions Plaza building up for sale and made plans to consolidate headquarters operations into the neighboring [[Regions Center]]. The Regions Bank branch on the ground floor of the building closed on [[July 12]], [[2007]], with its employees and accounts moving with the headquarters. | ||
In April, 2007, | In April, 2007, it was announced that [[Harbert Realty Services]] of Birmingham and Concord Hospitality Enterprises Co. of Raliegh, North Carolina, planned to convert the office building into a four-star hotel with 255 rooms. The hotel will include 12,000 square feet of meeting and convention space. Estimated cost for the project was $52 million. It is planned that Regions workers will stay in the building until mid-[[2008]] when renovations will begin. While Concord operates hotels under various names, the brand for the Regions Plaza has not yet been announced. Harbert and Concord plan to ask the city for help with parking and economic development incentives. | ||
==References== | ==References== | ||
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==External links== | ==External links== | ||
* [http://www.emporis.com/en/wm/bu/sh/?id=101922 Regions Plaza] on Emporis.com | * [http://www.emporis.com/en/wm/bu/sh/?id=101922 Regions Plaza] on Emporis.com | ||
[[Category:20th Street North]] | [[Category:20th Street North]] | ||
Revision as of 09:10, 13 July 2007
Regions Plaza is a 17-story, 240,000 square-foot office building at 417 20th Street at the corner of 5th Avenue North in downtown Birmingham. It was constructed on the former site of the Tutwiler Hotel, which was demolished for its construction. The steel frame for the tower can be seen under construction in the 1976 feature film Stay Hungry.
It was dedicated in October 1976 and served as the headquarters of First Alabama Bank, which changed its name to Regions Bank in 1992.
On May 25, 2006, Regions announced a merger with AmSouth Bank. The following January it put the Regions Plaza building up for sale and made plans to consolidate headquarters operations into the neighboring Regions Center. The Regions Bank branch on the ground floor of the building closed on July 12, 2007, with its employees and accounts moving with the headquarters.
In April, 2007, it was announced that Harbert Realty Services of Birmingham and Concord Hospitality Enterprises Co. of Raliegh, North Carolina, planned to convert the office building into a four-star hotel with 255 rooms. The hotel will include 12,000 square feet of meeting and convention space. Estimated cost for the project was $52 million. It is planned that Regions workers will stay in the building until mid-2008 when renovations will begin. While Concord operates hotels under various names, the brand for the Regions Plaza has not yet been announced. Harbert and Concord plan to ask the city for help with parking and economic development incentives.
References
- Cooper, Lauren B. Regions' downtown headquarters to become four-star hotel April 30, 2007, Birmingham Business Journal, accessed July 13, 2007.
External links
- Regions Plaza on Emporis.com