
CP Group Investing $50M in Capital Improvements to BofA Plaza
Renovations are now underway at the iconic Bank of America Plaza in the heart of Midtown Atlanta. The upgrades are part of an approximately $50 million capital improvements program by CP Group, which acquired the Class A skyscraper in 2022 in conjunction with funds managed by HPS Investments Partners, LLC.
CP Group is reintroducing the 55-story building, with its one-of-a-kind golden spire, as “The South Star.”
“We are proud to officially put shovels in the ground on this transformative repositioning of an iconic landmark,” said Chris Eachus, partner at CP Group. “The skyscraper has received widespread recognition for decades, but today marks a new chapter to take the building’s offerings one step higher and ensure it remains a top destination for businesses looking for exceptional workplace experiences for their teams.”
Architecture firm Gensler oversaw the redesign, and Holder Construction is leading the overhaul of the 20,000-square-foot lobby.