Charlotte Talks Business Roundup: Here Comes Truist; Office Space Is Pricey; Big Projects On Horizon

Dec 2, 2019

Monday, Dec. 2, 2019

Between the holidays, catch up on the area's business news, from bank mergers to plans for major projects, including a new uptown library.

The Truist era is about to begin. BB&T and SunTrust are days away from completing their $66 billion deal to combine as Truist and base the new bank in Charlotte in the biggest bank merger since the financial crisis.

As more and more jobs are announced for Charlotte, companies are experiencing sticker shock for office space. Office rents are climbing faster in Charlotte than anywhere else in the country, jumping more than 40 percent in five years.

Grand designs for the uptown library have been unveiled as part of a redevelopment of the North Tryon corridor that hasn't seen much public progress lately.

Reporters from the business beat share the top stories.

GUESTS

Danielle Chemtob, The Charlotte Observer, growth and development reporter (@daniellechemtob)

Ashley Fahey, Charlotte Business Journal, real estate editor (@CBJFahey)

Tony Mecia, The Charlotte Ledger, editor (@tonymecia)

Katie Peralta, Charlotte Agenda, senior editor (@katieperalta)