Well Fargo to replace MODIS?

[Wacca Pilatka]

Florida National Bank was never on the Wachovia building at Enterprise Center.  FNB HQ's was the Ed Ball Building and that's where they were when they were acquired First Union.  The article is incorrect.

It's not wrong - the Enterprise Center was built as the new FNB HQ, replacing the Ball.  FNB's name was on both the Ball building and the Enterprise Center.  First Union's name replaced it in about 1990 or 1991.

Wachovia did buy out SouthTrust.

Jacksonville National Bank was bought out by NCNB, I thought?  I want to say very early 90s, because Jacksonville National was in the Trio buildings and I think NCNB was who abandoned them?  I have a 1992 walking guide to downtown architecture that refers to the Marble Bank as the NCNB building.

[JSquared]

Florida National Bank was never on the Wachovia building at Enterprise Center.  FNB HQ's was the Ed Ball Building and that's where they were when they were acquired First Union.  The article is incorrect.

It's not wrong - the Enterprise Center was built as the new FNB HQ, replacing the Ball.  FNB's name was on both the Ball building and the Enterprise Center.  First Union's name replaced it in about 1990 or 1991.

Wachovia did buy out SouthTrust.

Jacksonville National Bank was bought out by NCNB, I thought?  I want to say very early 90s, because Jacksonville National was in the Trio buildings and I think NCNB was who abandoned them?  I have a 1992 walking guide to downtown architecture that refers to the Marble Bank as the NCNB building.

Pretty sure this is all correct.  There was a Jacksonville National Bank that was bought by NCNB in about 1983.  They had offices in the Marble Bank.

[Jason]

Well, I guess the cat is out of the bag... so I can go back and re-edit one of my posts from over the weekend, lol.

Yea I'd sooo love to let the cat of the bag on something I heard two days ago.  We'll all hear about it in business news sometime pretty soon, probably 2-3 months, maybe 4.

Is it good news at least!?

[Jason]

IMO, why wouldn't the DT core work on lowering lease rates to a point at or below the suburban competitors?  Isn't a mostly full building (at a lower rate) teaming with life better than a mostly empty building (at a higher rate)?

[duvaldude08]

I have mixed feeling about this. Will that leave the buidling on water street empty? It would be cool if they move both the water street and riverplace location into the modis and change the signage, but I would to see empty buildings. Does anyone know who else leasing space in these buildings?

On a side note, why the hell does BofA not have any signage? I just notice that the other night. That is the DUMBEST.

[Non-RedNeck Westsider]

IMO, why wouldn't the DT core work on lowering lease rates to a point at or below the suburban competitors?  Isn't a mostly full building (at a lower rate) teaming with life better than a mostly empty building (at a higher rate)?

Suburban Sales Pitch:  "Why not move your headquarters out to one of our state of the art buildings nestled in a campus like setting with a multitude of food and entertainment located just around the corner.  We will give you unlimited parking at no additional fee and allow your workers to work closer to their homes.  We'll have the spaces ready in a month."

Downtown Sales Pitch:
                              http://www.youtube.com/v/MK6TXMsvgQg?version=3

[fieldafm]

Suburban Sales Pitch:  "Why not move your headquarters out to one of our state of the art buildings nestled in a campus like setting with a multitude of food and entertainment located just around the corner.   We will give you unlimited parking at no additional fee and allow your workers to work closer to their homes.  We'll have the spaces ready in a month."

That pretty much sums it up. 

Will that leave the buidling on water street empty?

It won't be like the Mojave Desert, Foundation Financial is actually expanding space there from what I heard.  Wachovia/Wells has already siphoned off some of their workforce from Water over the last couple of years-specifically mortgage operations- out to the Southside already.