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Charlotte NC - Team Freeman Real Estate - Market Watch
What's on the horizon for uptown Charlotte???

When native Charlotteans show off their city, they point to the skyline: modern, glimmering and, in a historical sense, built almost overnight.The Charlotte Chamber gives it a boost each year with a skyline photo contest.And millions of TV viewers catch a glimpse when the Panthers play at Bank of America Stadium.But what they and many newcomers don't realize is that the skyline looks like that today primarily because of Bank of America, Wachovia and their predecessor institutions. Now, those institutions are changing, with Wachovia being acquired this week and Bank of America continuing to gobble up big, international companies.Skyline competition between the banks heated up in the 1970s as their leaders strove for bragging rights to Charlotte's tallest skyscraper.Using the clout of the financial institutions, the bank brass were able to fill the towers by pulling in law firms and other companies that cherished their business.One-upmanship spilled over into philanthropy, the cultural arts and historic preservation.Bank of America, for example, revived the burned out First Associate Reformed Presbyterian Church as the McColl Center for Visual Art and put the Mint Museum of Craft + Design in the former Montaldo's department store.First Union, before ... more

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