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One Glenwood


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Bloc 83 the next door tower to One Glenwood has snagged an anchor tenant and will make the tower almost 30% preleased.

""Bloc83 developer Heritage Properties announced Thursday that Envestnet, Inc. (NYSE: ENV) has signed on as a marquee tenant at Tower Two., The firm will fill a total of 81,810 square feet on the tower’s 8th, 9th, and 10th floors. Envestnet will be relocating from its current location at 421 Fayetteville Street. ""

the quicker the office space is leased up quicker someone will start the next tower.

Subscriber  https://www.bizjournals.com/triangle/news/2020/03/06/upcoming-tower-in-downtown-raleigh-lands-national.html

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On 4/27/2020 at 12:18 AM, dmccall said:

Can someone explain why some buildings are erected with steel frame and others are reinforced concrete? Is steel frame cheaper (and therefore not as high quality)? Have fluctuations in prices of steel vs. concrete been a factor? 

If a building has integrated parking like the many North Hills towers by Kane or the Dillon downtown they need to use concrete for the parking levels for fireproofing reasons. If parking is not incorporated in the building as is the case steel framing can be used which is generally a little cheaper than an all concrete building.  Steel frame high rises can go up somewhat faster but just depends on the design of the building.  In Charlotte we had a 26 story tower Ally Center all steel framing go up with parking garage detached then another 33 story office building that went up across the street all concrete due to some parking being incorporated into it.  

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16 hours ago, KJHburg said:

If a building has integrated parking like the many North Hills towers by Kane or the Dillon downtown they need to use concrete for the parking levels for fireproofing reasons. If parking is not incorporated in the building as is the case steel framing can be used which is generally a little cheaper than an all concrete building.  Steel frame high rises can go up somewhat faster but just depends on the design of the building.  In Charlotte we had a 26 story tower Ally Center all steel framing go up with parking garage detached then another 33 story office building that went up across the street all concrete due to some parking being incorporated into it.  

In addition to being able to support integrated parking, I  would assume that building a highrise over a certain number of floors  as a steel structure is highly risky. Steel is not as sturdy as concrete.

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Heritage Properties proposing 18 story office tower next to the Origin Hotel and first parking garage at 615 W Morgan.

From a subscriber article today:

https://www.bizjournals.com/triangle/news/2020/06/23/more-development-eyed-for-raleighs-bloc-83.html

""Heritage Properties plans for the latest phase of Bloc83 after filing a rezoning request with the city to allow for the development of a new 18-story mixed-use office tower.  Plans filed with the city call for ground floor retail, parking and office space. The project would be situated on a pair of properties at 615 W. Morgan St. and 117 S. Boylan Ave., owned by Crocker Family Properties LLC and Betty Poole Brinkley respectively.""

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On 6/3/2020 at 10:22 PM, KJHburg said:

 

IMG_8311.JPG

^THIS is OUTRAGEOUS!

What you are looking at on the right side is the facade on Hillsborough Street, one of the main approaches to the State Capitol of NC. Did the Raleigh Planning Commission really approve a 7-story striped parking deck WALL to front an entire half block at the street's transition point from suburban to urban form? The buildings' designs don't bother me, but I'm astonished that a city that purports to have good planning would allow this to happen.

Edited by dmccall
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