Triad Tower gets firm footing
The Triad Tower still will be 22 stories tall, but its footprint won’t be as mighty as developers once expected.
Developer Harry Falk has settled on a 12,500 square-foot footprint for the massive tower, a blend of office and residential space planned near the intersection of Interstate 40 and N.C. 68. Falk also was considering a 20,000 square-foot footprint for the building, which is slated to open Dec. 31, 2007.
In a Tuesday news release, developers attributed the decision to market demand and a tight schedule. Last month, Falk told the News & Record that the floor size hinged on a large potential tenant scoping out the project.
Developers plan to announce pricing for lease and purchase of tower space on Friday, Sept. 15, the news release said.