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Gard

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Everything posted by Gard

  1. N&O had an article on this today as well to which Kane is quoted in it as wanting to preserve as much of the current building there as possible, so I'm assuming what is there will somehow be incorporated into the larger building that will be constructed. There was this nice tidbit as well: Read more here: http://www.newsobserver.com/2015/01/14/4475827/kane-realty-seeking-to-redevelop.html?sp=/99/104/#storylink=cpy
  2. Gard

    The Edison

    The developer has just got approval from the planning commission to raise the height of the Edison office building from 225ft. to 290ft. The office building will be about the same height as the Red Hat HQ. http://www.bizjournals.com/triangle/blog/real-estate/2014/09/edison-apartments-in-downtown-raleigh-underway.html?ana=e_du_pap&s=article_du&ed=2014-09-11&u=11045158364f85dbe75c694994803c&t=1410470562
  3. I agree that not moving the HQ may be a short term thing. When I first read that, my first thought was that is what they are saying NOW, but it seems to me to be setting up for that to happen down the road. If it does occur, it would be a nice HQ pickup for Raleigh.
  4. A developer has bought the Kidds Hill Plaza site and got the green light for construction of luxury apartments: http://www.bizjournals.com/triangle/blog/2014/06/fein-buys-kidds-hill-plaza-land-for-new-apartments.html
  5. TBJ has an article out today on how it is becoming hip for businesses to locate in downtown Raleigh. I hope this continues the trend of increasing density downtown and helps planned projects get off the ground quicker, in addition to spurring new projects. http://www.bizjournals.com/triangle/blog/2014/03/skyline-buildings-gaining-favor-with-raleigh.html
  6. It's official, the Crabtree Jones house will be moved! The house is being donated to Preservation North Carolina and PNC is buying the house a lot, ensuring that it will be around for a long time to come. http://www.northraleighnews.com/2013/01/29/23779/historic-crabtree-jones-house.html
  7. Didn't want to start a thread just for this and it is technically food-related, so I thought I'd put it here. Publix is now confirmed to be entering the Raleigh market! http://www.bizjournals.com/triangle/morning_call/2012/11/upscale-publix-moving-into-local-market.html
  8. N&O has an article this morning on this. The developer will be paying to have the house moved and be providing captital to have it restored. They are working with local preservationists, according to the article, to find a suitable home for the house. http://www.newsobserver.com/2012/09/19/2354544/raleigh-historic-home-to-be-moved.html
  9. ^ I'd say because there is no Wake Tech campus in that corner, so it is doesn't overlap coverage from their other campuses, so it makes logistical sense.
  10. RDU now has a flight to the Bahamas. The flight is by a carrier new to RDU, Bahama Air: http://www.bizjournals.com/triangle/morning_call/2012/05/rdu-celebrates-flight-to-bahamas.html RDU has also launched a new incentives policy that waives landing fees and funds marketing ($250,000 for domestic routes and $500,000 for international), to get airlines to add new routes. Specific flights RDU names are Seattle, LA, SFO, Paris and Frankfurt. http://www.bizjourna...incentives.html
  11. According to an N&O article, Sheetz is planning a big push into NC, with 30 new stores over the next 3 years in NC, in addition to a distribution center, offices and bakery that they want to build somehwhere between the Triad and Triangle and have open by 2014. I'd imagine that any big push push into NC would include Charlotte at some point. They would be nuts to skip over the area. http://www.newsobserver.com/2011/07/07/1326368/sheetz-has-bigger-plans-in-nc.html
  12. City Council has taken this plan over the other ones: http://www.bizjournals.com/triangle/news/2012/04/17/city-council-picks-summit-hospitality.html This should add some much needed hotel capacity to downtown.
  13. I'd like to see some of the old buildings converted into a medical museum of sorts. NC, in particular the Triangle, has a rich medical history. We have numerous bio-medical companies here, two scools with a great reputation in pharmacy world, a school with world-wide recognition for its vetinary program and on and on. A musuem would be a great partnerhip opportunity between the various levels of government, the schools, hospitals, and area businesses involved in the medical field.
  14. Triangle Business Journal has some really nice pictures up today of the beltline in it's early years, along with Capital blvd: http://www.bizjournals.com/triangle/news/2012/03/13/slideshow-historic-photos-of-major.html?s=image_gallery&img_no=1
  15. Fifth-Third Bank has announced that they are planning an aggressive push into the Triangle and that they are going to be locating a regional HQ in downtown Raleigh: http://www.bizjournals.com/triangle/print-edition/2012/03/09/fifth-third-plots-strong-growth-plans.html
  16. According to an article I found on Pappas, they are expanding into the Raleigh market to take advantage of the booming apartment industry here. Interestingly, this article say: I'm thinking that maybe that is a reference to Kidd's Hill. http://www.charlotte...l#disqus_thread
  17. The Progress-Energy and Duke Energy merger have once again been rejected by Federal Regulators, guaranteeing that it won't get done this year and throwing the whole merger in doubt. Any further modifications to the deal are likely to require a whole new round of hearings with the NC Utilities Commission, throwing the merger even further behind schedule. http://www.newsobserver.com/2011/12/15/1712048/duke-progress-merger-denied-again.html On other news, Martin Marietta has made a hostile bid for Vulcan Materials. According to the CEO, the combined company would be HQ'ed in Raleigh and be the largest in its industry in North America. This would also turn them into another Fortune 500 for Raleigh. Could a downtown HQ be in their future potentially?... http://www.bizjournals.com/triangle/news/2011/12/12/martin-marietta-launches-hostile-bid.html
  18. Looks like the Red Hat move to downtown could be delayed, given the unexpected snag that the Duke-Progress deal hit with federal regulators. There is the possibility now that the merger could fail all-together, as the government has given Progress and Duke quite a substantial list of issues they must resolve to the government's liking , some of which could effectively wipe out any benefit shareholders of either company would get from the merger. On top of that, they have a mere 60 days to figure it all out and resolve all concerns of the government. http://blogs.newsobserver.com/business/red-hat-remains-focused-on-downtown-move http://www.newsobserver.com/2011/10/02/1533954/merger-plans-trouble-feds.html#storylink=misearch
  19. I believe that, much like ERJ170 said, that there needs to be a mixture of apartment sizes, pricing points and locations. Having the right mix is essential for making downtown thrive and grow from where it currently is today, especially so in a time where housing is more difficult to purchase than it has been at any time in recent memory. As far as if this is a permanent or temporary shift, I don't think anybody really knows. I'm thinking that it might eventually settle somewhere in the middle of the extremes.
  20. The Triangle has earned yet another distinction. A worldwide study by airport researchers concluded that RDU is the most efficient mid-sized airport in the US! http://www.bizjournals.com/triangle/print-edition/2011/08/12/rdu-singled-out-by-air-researchers-for.html
  21. Thanks For Posting that! The mall was long gone when I moved here and North Hills as it is was under construction, so I hadn't seen it until now.
  22. Well that will certainly be a nice addition to Glenwood South! I love the outdoor space with that. Much better use for that parking lot!
  23. A prestigious bridal gown store is moving its store from Cary to downtown Raleigh! They recently purchased a corner retail slot in West for the store: http://www.bizjournals.com/triangle/news/2011/07/08/vera-wang-bridal-retailer-moving-from.html
  24. Well apparently the popularity of apartments in downtown hasn't been affected by the RBC/Progress takeovers...lots of projects it appears are in the works! http://www.newsobserver.com/2011/06/30/1310903/apartment-boom-rocks-downtown.html
  25. This isn't about this transit plan per say, but very cool non the less! Kane has launched a study to investigate building a transit system for North HIlls. The transit system would have 4-person passenger cars that would take people to transit stops around North HIlls on-demand. The cars would ride on a fixed rail. Pretty neat idea and solution that could be used to adapt current sprawled areas to be more friendly to mass transit. I can see something like this working well in areas like TTC, where the terrain is different levels and things are spread out a bit. http://blogs.newsobserver.com/business/expanding-north-hills-considers-installing-its-own-transit-system
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