Committed to downtown

Officials with Progress Energy, the only Fortune 500 company with its headquarters in the Triangle, are leading a campaign to revitalize downtown Raleigh. Here are some recent examples of those efforts:

DEC. 1: RBC Centura Bank picks the site of its future corporate headquarters; a tract of land owned by Progress Energy at Fayetteville and Martin streets. The 29-story building is scheduled to open in 2008.

JULY 28: Progress Energy announces it has bought naming rights to Raleigh's performing arts center downtown. The deal with Raleigh will bring the city about $5.5 million over 20 years -- nearly twice as much as an old agreement with BTI.

SEPTEMBER 2004: Progress Energy opens a 19-story office tower with retail on Wilmington Street. It bought the land from the city in 2000.

AUGUST 2003: Progress Energy and Raleigh developer Harold Lichtin say they are considering a 10-story office building on a 0.9-acre site on the east side of Fayetteville Street Mall. Plans, which included a public library, are later scrapped.

2002: Progress Energy buys most of the block bound by Davie, Wilmington, Martin and Blount Streets with plans to build a mix of homes, stores and offices.