Park Tower (formerly known as the Lykes Building) is a skyscraper located in downtown Tampa, Florida. It is Tampa's first high-rise tower. At the time of its completion in November 1973, it was the tallest in Florida, and is currently sixth-tallest in Tampa, at 460 feet (140 m) (36 stories). It was the tallest building in Tampa until One Tampa City Center was built in 1981.[2]
Park Tower is located in the heart of downtown Tampa directly across from The Tampa Riverwalk & Hillsborough River; Curtis Hixon and Gaslight Parks; the Glazer Children's Museum and the Tampa Museum of Art. It is within walking distance of the Tampa Convention Center, University of Tampa, and the David A. Straz Jr. Center for the Performing Arts.
In 2016 the tower was purchased by a joint venture consisting of affiliates of NYSE listed City Office REIT (NYSE: CIO), Feldman Equities LLC, and Tower Realty Partners for $79.75 million. The group completed a multi-million-dollar renovation in 2019. The most significant change at Park Tower is the modernization of the office building's façade by painting the exterior a lighter color and upgrading the main entrance. The building's amenities were upgraded with a modern lobby and the addition of Buddy Brew Coffee café. The office tower's updated design was created by internationally renowned architect Gensler.[3]
Since acquiring the property, leases have been signed including the headquarters relocation of CAPTRUST Advisors, LLC, Buddy Brew Coffee and Continuity Logic, LLC. Anchor tenants include BB&T, United States Department of Justice – US Attorney's Office, Level 3 Communications and Lykes Insurance.[4]
Park Tower is LEED EB Gold Certified and EPA Energy Star certified.
The tower's amenities and businesses include FedEx Office, U.S. Post Office, Grow Financial Credit Union, Pearl Salon, Nature's Table Café, a fitness center, conference room and a 6th-floor tenant lounge, lobby concierge and Buddy Brew Coffee.
The building has two underground 13.2kV electrical feeds from the utility power company, one of which is from the high-priority medical grid and multiple diverse entry points for fiber optic and other data cabling. Park Tower is home to a large underground Federal Reserve Vault. The building also features video-enhanced 24x7x365 on-site security.
Historyedit
When it was originally built, the tower was the home of The First National Bank of Tampa, later First National Bank of Florida (First Florida Corporation). Park Tower was also the headquarters of the Lykes Brothers Corporation. The tower was purchased by Sterling American Property of New York City for $27.4 million in 2006 and underwent its first restoration including newly renovated elevators, air conditioning, and replacement of much of the electrical distribution system. The building later became the downtown Tampa headquarters of Colonial Bank, now BB&T.
As part of BB&T's merger with SunTrust to become Truist, BB&T closed their offices in Park Tower in January 2021.[5] The company consolidated their footprint into the nearby Truist Place.[6]
^"Park Tower building in downtown Tampa to be upgraded". June 6, 2017. Retrieved February 5, 2018.
^"For Downtown Tampa's Park Tower a Flurry of Leasing". Biz Journals. Retrieved February 5, 2018.
^Kritzer, Ashley (December 21, 2020). "The Truist bank merger leaves a gaping hole in downtown Tampa's office market". bizjournals.com. Retrieved May 26, 2021.
^Kritzer, Ashley (January 29, 2021). "Downtown Tampa's SunTrust Financial Centre to officially become Truist Place". bizjournals.com. Retrieved May 26, 2021.
External linksedit
. Emporis. Archived from the original on October 16, 2015.
park, tower, tampa, park, tower, formerly, known, lykes, building, skyscraper, located, downtown, tampa, florida, tampa, first, high, rise, tower, time, completion, november, 1973, tallest, florida, currently, sixth, tallest, tampa, feet, stories, tallest, bui. Park Tower formerly known as the Lykes Building is a skyscraper located in downtown Tampa Florida It is Tampa s first high rise tower At the time of its completion in November 1973 it was the tallest in Florida and is currently sixth tallest in Tampa at 460 feet 140 m 36 stories It was the tallest building in Tampa until One Tampa City Center was built in 1981 2 Park TowerPark Tower Downtown Tampa Florida 27 56 52 N 82 27 34 W 27 947739 N 82 459342 W 27 947739 82 459342General informationTypeOfficeLocation400 N Tampa StreetCompleted1973Renovated2018HeightRoof458 ft 140 m Technical detailsFloor count36Floor area472 460 sq ft 43 893 m2 1 DesignationsLEED Gold EPA Energy StarWebsiteparktowertampa com Contents 1 Description 2 History 3 See also 4 References 5 External linksDescription editPark Tower is located in the heart of downtown Tampa directly across from The Tampa Riverwalk amp Hillsborough River Curtis Hixon and Gaslight Parks the Glazer Children s Museum and the Tampa Museum of Art It is within walking distance of the Tampa Convention Center University of Tampa and the David A Straz Jr Center for the Performing Arts In 2016 the tower was purchased by a joint venture consisting of affiliates of NYSE listed City Office REIT NYSE CIO Feldman Equities LLC and Tower Realty Partners for 79 75 million The group completed a multi million dollar renovation in 2019 The most significant change at Park Tower is the modernization of the office building s facade by painting the exterior a lighter color and upgrading the main entrance The building s amenities were upgraded with a modern lobby and the addition of Buddy Brew Coffee cafe The office tower s updated design was created by internationally renowned architect Gensler 3 Since acquiring the property leases have been signed including the headquarters relocation of CAPTRUST Advisors LLC Buddy Brew Coffee and Continuity Logic LLC Anchor tenants include BB amp T United States Department of Justice US Attorney s Office Level 3 Communications and Lykes Insurance 4 Park Tower is LEED EB Gold Certified and EPA Energy Star certified The tower s amenities and businesses include FedEx Office U S Post Office Grow Financial Credit Union Pearl Salon Nature s Table Cafe a fitness center conference room and a 6th floor tenant lounge lobby concierge and Buddy Brew Coffee The building has two underground 13 2kV electrical feeds from the utility power company one of which is from the high priority medical grid and multiple diverse entry points for fiber optic and other data cabling Park Tower is home to a large underground Federal Reserve Vault The building also features video enhanced 24x7x365 on site security History editWhen it was originally built the tower was the home of The First National Bank of Tampa later First National Bank of Florida First Florida Corporation Park Tower was also the headquarters of the Lykes Brothers Corporation The tower was purchased by Sterling American Property of New York City for 27 4 million in 2006 and underwent its first restoration including newly renovated elevators air conditioning and replacement of much of the electrical distribution system The building later became the downtown Tampa headquarters of Colonial Bank now BB amp T As part of BB amp T s merger with SunTrust to become Truist BB amp T closed their offices in Park Tower in January 2021 5 The company consolidated their footprint into the nearby Truist Place 6 See also editList of tallest buildings in Tampa Downtown TampaReferences edit Park Tower Skyscraper Center CTBUH Retrieved July 18 2017 Tampa City Center Tampa City Center Park Tower building in downtown Tampa to be upgraded June 6 2017 Retrieved February 5 2018 For Downtown Tampa s Park Tower a Flurry of Leasing Biz Journals Retrieved February 5 2018 Kritzer Ashley December 21 2020 The Truist bank merger leaves a gaping hole in downtown Tampa s office market bizjournals com Retrieved May 26 2021 Kritzer Ashley January 29 2021 Downtown Tampa s SunTrust Financial Centre to officially become Truist Place bizjournals com Retrieved May 26 2021 External links edit Park Tower Emporis Archived from the original on October 16 2015 Photos of Park Tower under construction in 1972 RecordsPreceded byFranklin Exchange Building Tallest Building in Tampa1972 1981140m Succeeded byOne Tampa City Center Retrieved from https en wikipedia org w index php title Park Tower Tampa amp oldid 1111634932, wikipedia, wiki, book, books, library,
