Redevelopment

Cousins' extensive redevelopment skills ensure that the Company is able to increase and maximize value in all of its properties. By redeveloping urban assets to bring them up to modern standards, Cousins is able to bring new life and energy to buildings and neighborhoods, and invest not only in the property, but in the community as well.

Fifth Third Center: Cousins acquired the 698,000 square foot Fifth Third office tower located in the heart of Charlotte’s Uptown business district in 2014 and quickly achieved leasing success – taking the property from 82 percent leased at the time of purchase to over 95 percent today. Cousins re-energized the building with a clear-cut capital improvement plan that included an enhanced customer entry, improved lighting and wayfinding and a refreshed main lobby. Additional improvement plans are in progress, including a new coffee offering with seating in the front lobby, as well as a new dry cleaning concept. The redevelopment of Fifth Third Center represents Cousins’ strategy and commitment to creating a best-in-class workplace environment for its customers. 

 

Northpark: Having acquired the building in October 2014, Cousins executed an extensive capital improvement plan at Northpark Town Center in 2015, which included enhancements to the common areas, a renovated fitness center, redesigned conference facilities, improved wayfinding throughout the campus and refreshed landscaping. Additional improvement plans are in progress, including a new coffee offering, lobby renovations and additional conference center enhancements. The redevelopment of the 3-building, 1.5 million square foot, Class-A office complex located in Atlanta’s Central Perimeter has truly transformed the property into a revitalized, collaborative workplace for its customers.

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