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According to General Manager Michael Delev, Charlotte Plaza will reopen Monday morning, September 24th after being closed five business days for critical system repairs. On Sunday, September 16th, an abandoned and hidden condenser water line ruptured and the water shorted out parts of the electrical system. In an unfortunate chain reaction, the short then triggered the fire alarm and sprinklers which caused more flooding down the building’s core and more damage to the main electrical risers. The building’s new owner Hines, which acquired the property just three months ago, marshaled resources from several of its other offices around the U.S. and conducted a massive dry-out and re-wire operation, virtually around-the-clock for the past week. A battery of electrical and restoration contractors provided invaluable assistance as did the building’s anchor tenant, Wachovia. The team worked this weekend hand-in-hand with officials from the City of Charlotte, representatives from the Charlotte Fire Department and Inspectors from Mecklenburg County. “Our tenant’s safety is paramount and their total satisfaction is our goal. Even though this is something we could not have anticipated, we hope we are judged by our professional and swift reaction to the catastrophe,” commented Delev who has been in constant communication with tenants, both in person and through nightly seven p.m. conference calls. Tenants should notice little difference as they return to work, except some ongoing cosmetic upgrades such as sheetrock patching and painting. Electrical contractors will continue to replace key electrical systems over the next few months during evening hours. In addition; the building has been carefully inspected for other stray condenser piping. According to Delev, as of Sunday, September 23, electrical power has been fully restored and tested and all fire and life safety systems are operational. Hines plans to “shower their tenants” with welcome back surprises throughout the week. “You don’t expect an accident like this in a Class A building. That said, it did happen and we have done everything in our control to get back open as quickly as possible,” said Delev.
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