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rucker

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Everything posted by rucker

  1. Looks like the Bandwidth project is about to go. They have put silt fence up around the entire site all this week.
  2. Bandwidth company culture steers towards open spaces, mental well being, large scale company activities including exercise and proximity to incredible outdoor spaces like Umstead, Schenck Forest, and NCMA. Not every firm values being stuffed in a highirise where their employees can belly up at a bar every afternoon. This is great news and Raleigh benefits from all types of large scale economic development.
  3. This project will begin delivering condos in March with retailers targeting an open by Memorial Day. Retail is 905 leased and Condos are 90% sold out.... apartments will begin leasing in January for late Spring move in. Riverplace is going to completely change the entire 3 block radius downtown. City is funded and breaking ground on the 30M park and riverfront amphitheater (will be bigger than Raleigh Or Charlotte's) next month for a Spring 2021 opening. Things are really popping in downtown Wilmington right now.
  4. They have a person in Raleigh now. They have acquired Seaboard Station on Peace Street and are planning a huge mixed use redevelopment there.
  5. Fayetteville St is 40 stories, everything else is 20 stories or 250 feet, whichever comes first.
  6. The height of 250 ft is maxed out so you can only get 15-16 stories of office in that space. 325k of office 400+ residential units and 250 hotel keys plus all the retail alongwith it will definitely justify that land price. I really like how they are Opening up Salisbury st to Nash Square. As to more height, For better or worse I wouldn’t expect to see many developers attempting rezonings of any kind with the current climate on this council.
  7. Great news on pier 33 and Aloft. Looks like downtown is finally taking off. Riverplace poured up to 6th level now. Riverfront park breaking ground next month. Critical mass is finally coming downtown. Exciting times in the Port City
  8. yeah, no bubbas at all in Texas. This was about playing RDU and Nova for $$$$. They never had any intentions of anything other than doubling down in Austin.
  9. Believe it or not the base flood elevation in this area is set to drop 6-8 feet across all off these properties. That is if Wake County ever actually intends to adopt the new maps. The FFE on the new office building that is going up across from Macy's will sit 2 feet above the former FFE elevation of the building it is replacing, which never took on any first floor water in any of the Hurricane events since the 90's. These properties are already developed and impervious, so there is really no reason not to redevelop and modernize them at this point.
  10. there will be a big announcemnent on Charter Square very soon.
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