RALNATIVE

Seems like this hotel was being developed for a decade or longer. Glad it's finally opening.

The Marriott Moxy brand is coming to West St. in the Glenwood South district. There are no Moxys currently in NC, but one is also in the works in Charlotte. https://www.bizjournals.com/triangle/news/2023/02/23/plans-for-new-moxy-hotel-marriott-raleigh.html?cx_testId=40&cx_testVariant=cx_45&cx_artPos=2#cxrecs_s

RDU has a number of low cost carriers, including Southwest and Allegiant, which has helped drive down overall fares at that airport.

I've been watching this area slowly and quietly develop over the last couple of years and feel that it is one of the up and coming hot spots in the city. Keep an eye on the East End. https://www.eastendraleigh.com/ https://raltoday.6amcity.com/coming-soon-east-end-market

The main reasons why Triad flyers frequently travel to CLT and RDU are related to flight costs and flight options/availability. Reducing the number of gates at PTI goes against logic if they are hoping to reduce costs and provide more flight options. Both of those things are usually a result of having greater airline competition at an airport, which obviously means having an ample number of gates. Reduce the number of gates and the chances of scoring more low fare carriers that would help drive down costs goes out the door. Maybe they know something that we don't, but this seems like a bad decision if their goal is to increase the number of flyers out of PTI.

The fact that they would spend $150-200 M to consolidate concourses and reduce the overall number of gates speaks volumes about what sort of growth they project in the future.

This tower is looking more and more impressive each day. I feel lucky to have this view every morning when I wake up. Reminds me of just how far Raleigh has come and all of the potential for the future.

I like Reno's much better because it would be unique for Raleigh. The current design is, well...blahhhhh.

Planned Kimpton new hotel designs. Raleigh, NC gets the first and Reno, NV gets the second. Wish we could switch...

The Exchange tower is rising rapidly. Also caught a beautiful view of NH in the background.

I'd really like to see this DSED grow with substantial towers. Being so close to the interstate, this will make Raleigh's skylike look more dramatic and impressive with the main skyline being in the background.

Yay!!! Another 20 story tower in downtown.

I like the 2nd proposal the best, but will take the Loden proposal.

I wonder do the plans call for them to relocate the old train station building or leave it intact?

Amazing what a little developing can do! This project is a huge success on many fronts.

Steady progress. Somewhere around 2/3 tall at this point.

It will be the tallest residential building south of New York City and called the Waldorf Astoria Residences Miami.

I'm hoping that they build one of those skinny towers that have gone up in NYC recently. With les than one acre they have to go up and be creative. I'm also hearing that there are plans to build a 100 story tower in Miami. Most likely the tallest in the entire South.

From the article: "Alchemy Properties South is the residential development arm covering the Southeast for Alchemy Properties and was founded in 2020. Its goal is to bring its “trademark sophisticated, urban chic sensibility to fast growing Southeast markets.” Let's hope this development brings a much needed well designed tower to downtown.

https://money.com/best-places-to-live/raleigh-north-carolina/ Raleigh ranked #4 and Chapel Hill ranked #12 in Money magazine's Best Places to Live 2022. No other NC cities cracked the top 50.

What a great inspiring story. Thanks for sharing.

Noticed yesterday that some glass has been installed on the lower floors. This is going up very fast now.

This development looks great!

Now we just need an airport designed to accommodate expanded international travel, as well as road warriors like myself (more onsite parking, more gates, better food options, etc.).

Raleigh is No. 2 most popular Airbnb destination in the US for Labor Day weekend https://www.wral.com/raleigh-is-no-2-most-popular-airbnb-destination-in-the-us-for-labor-day-weekend/20419602/