SunTrust Plaza - History

History

Architect and developer John C. Portman, Jr. originally conceived this building in the 1980s commercial real-estate frenzy as a speculative office building. Its basic design elements, a postmodern square tower with an elaborate base and crown, represented a departure for Portman from his earlier International-style work, and are said to have been inspired by Philip Johnson's wildly successful design for midtown Atlanta's One Atlantic Center.

Ground broke in 1989 with great fanfare, but by completion in 1992, the bottom had fallen out of Atlanta's real estate market and the building sat largely empty, nearly forcing Portman into bankruptcy and causing him to lose control of most of his real estate holdings. His architectural firm, John Portman & Associates, located their headquarters in the building.

In the mid-1990s, Portman sold half his interest in the building to SunTrust Bank, which then moved its headquarters to the building, prompting a name change from One Peachtree Center to its current name.

The two-level lobby is filled with many works of art, sculpture and furniture designed by John Portman.

Read more about this topic:  SunTrust Plaza

Famous quotes containing the word history:

    The history of any nation follows an undulatory course. In the trough of the wave we find more or less complete anarchy; but the crest is not more or less complete Utopia, but only, at best, a tolerably humane, partially free and fairly just society that invariably carries within itself the seeds of its own decadence.
    Aldous Huxley (1894–1963)

    What would we not give for some great poem to read now, which would be in harmony with the scenery,—for if men read aright, methinks they would never read anything but poems. No history nor philosophy can supply their place.
    Henry David Thoreau (1817–1862)

    A country grows in history not only because of the heroism of its troops on the field of battle, it grows also when it turns to justice and to right for the conservation of its interests.
    Aristide Briand (1862–1932)