Duke Energy Plaza on track for sign installation next month, early 2023 move-in. expand. Duke Energy Plaza is located at 525 South Tryon St. in uptown Charlotte. Melissa Key/CBJ.

Duke Energy Plaza in uptown Charlotte. Melissa Key/CBJ. By Collin Huguley – Staff Writer, Charlotte Business Journal. Jul 5, 2023. Listen to this article 2 min ...

One document said Duke Energy Plaza also allowed the company to save money by consolidating workspaces and reducing their real estate footprint in the Carolinas by 1-million square feet.

The $300 million in operations and maintenance cost savings for 2023 that Duke Energy Corp. cited on its earnings call this week includes layoffs of “a few hundred employees,” mostly in Charlotte.

Duke Energy crews have been putting power lines underground in front of Sip City and along Central Avenue since November 2023. Humaideh said the work stopped customers from coming into his store.