Two Hannover Square
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Two Hannover Square is a 29-story
skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Most modern sources define skyscrapers as being at least or in height, though there is no universally accepted definition, other than being very tall high-rise bui ...
at 434 Fayetteville Street in
Raleigh, North Carolina Raleigh ( ) is the List of capitals in the United States, capital city of the U.S. state of North Carolina. It is the List of municipalities in North Carolina, second-most populous city in the state (after Charlotte, North Carolina, Charlotte) ...
with of office space. Its major tenant is
Truist bank Truist Financial Corporation () is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks. I ...
. From its opening in 1991 until the completion of RBC Plaza in 2008, it was Raleigh's tallest building.


History

Two Hannover Square, built by the same company as nearby One Hannover Square, opened in 1991 as one of the two tallest buildings in Raleigh, the other being First Union Capitol Center. Because both buildings added so much office space to downtown Raleigh at about the same time, the owners had a hard time finding tenants, and in the case of Two Hannover Plaza, the result was
bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the deb ...
. Phoenix Limited Partnership bought Two Hannover Plaza in 1993 for $18.5 million.Dudley Price, "Owner of Raleigh, N.C., Office Building to Sell," ''News & Observer'', 2001-02-22. In late 2021, the building's iconic BB&T logo was replaced with that
Truist Financial Truist Financial Corporation () is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks ...
, the company that formed from the merger of BB&T and
SunTrust Bank SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. The bank's most direct corporate parent was established in 1891 in Atlanta, where it was h ...
.


Gallery

File:B-B-and-T-Building-20080321.jpeg, The building at street level File:Two Hannover Square, night.jpg, Two Hannover Square at Night


See also

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List of tallest buildings in Raleigh, North Carolina Raleigh, North Carolina, Raleigh, the second largest city in North Carolina, is home to more than 50 completed high-rise buildings, 14 of which stand taller than at least . The tallest building in Raleigh is the 32-story PNC Plaza (Raleigh), P ...
*
List of tallest buildings in North Carolina This list of tallest buildings in North Carolina ranks skyscrapers in the United States of America, U.S. state of North Carolina by height. The tallest building in North Carolina is the Bank of America Corporate Center in Charlotte, which contain ...


References

Skyscraper office buildings in Raleigh, North Carolina Office buildings completed in 1991 {{RaleighNC-struct-stub