333 Fayetteville Street
| Company type | Office building |
|---|---|
| Industry | Commercial real estate |
| Founded | 1964 |
| Headquarters | Raleigh , United States |
Area served | Raleigh, North Carolina |
Key people | Capital Bank (main tenant) |
| Products | Office space |
333 Fayetteville Street stands as a 15-story high-rise located in Raleigh, North Carolina, serving as the main office for Capital Bank. Previously identified as 333 Corporate Plaza and Capital Bank Plaza, this structure encompasses of office area. It is recognized as a prime illustration of International Style modern architecture, distinguished by its black granite exterior and an interior lobby adorned with polished green marble, black granite, and cherry wood paneling.
The building was designed by Emery Roth and completed in 1964. Until 1990, it accommodated the Raleigh branch of BB&T. Ownership transferred to The Equitable Life Assurance Society in 1980. A $4 million refurbishment took place in 1993, at which time it was renamed 333 Corporate Plaza. In 1997, KB Fund IV from California acquired the property, later selling it to Modern Continental based in Cambridge, Massachusetts in 2000. The property changed hands again in 2004 when Raleigh Development became the owner. Shortly thereafter, McKinney & Silver moved out to establish offices in Durham.
On November 2, 2005, Capital Bank revealed intentions to occupy five floors and rebrand the building as Capital Bank Center. This event marked the return of a downtown Raleigh bank headquarters following a 15-year absence since First Citizens relocated their headquarters to suburban areas. After Capital Bank was acquired by First Horizon Bank in 2017, the naming rights expired in 2021, resulting in the building reverting to its original street address.
In a separate arrangement, Capital Bank secured leases for two floors at the ten-story One Glenwood tower in Raleigh, which also included rights to display signage.