One Glenwood

[nicholas]

[KJHburg]

walk by photos and photos from One Glenwood today.   they did a good job of masking the garage for the Block 83 tower.  One Glenwood has great views of the Raleigh skyline. 

[RALNATIVE]

Poor little Snoopy's. Seems so out of place these days.

[DPK]

15 hours ago, RALNATIVE said:

Poor little Snoopy's. Seems so out of place these days.

I hope it retains its foothold there.  The day it disappears, is the day one of the last remaining retail vestiges of my college days disappears.

[dmccall]

On 12/1/2020 at 8:45 AM, DPK said:

I hope it retains its foothold there.  The day it disappears, is the day one of the last remaining retail vestiges of my college days disappears.

You didn't go to the Char-Grill? (I'm still lamenting the loss of the Hamburger Hut)

[rolly]

The 2nd 10 story tower is sharper than the 1st.  Less brick, more glass. It's comes together better on this 2nd tower. 

[RALNATIVE]

20 hours ago, rolly said:

The 2nd 10 story tower is sharper than the 1st.  Less brick, more glass. It's comes together better on this 2nd tower. 

I'm not sure what's the deal with developers in this area and their love for building  with brick. Maybe it's cheaper, maybe it's easier and quicker to put up, or maybe there's some other bureaucratically influenced reason.

[Jones_]

On 12/4/2020 at 12:46 PM, dmccall said:

You didn't go to the Char-Grill? (I'm still lamenting the loss of the Hamburger Hut)

Char Grill for Burgers. Snoopys for Chicken strips. Roast Grill for dogs. 30 years, I haven't changed that hankering list. 

[nicholas]

[Mid South NC]

[nicholas]

[KJHburg]

Bloc 83 and One Glenwood office buildings and the plaza in between them looks great.  some tenants have moved in the new building/   Yesterday. 

Now what is happening with Char Grill across the street I know Snoopys corner was sold.

[KJHburg]

Bloc83 next to One Glenwood and the open space between the 2 buildings. Today. 

[nicholas]

Guess this is the right thread to post this in.  More apartments coming to the edge of Glenwood South.  This will replace the two homes on the northeast corner of Boylan and Hargett, and will soon be joined by phase III of Bloc 83 which will be 18 stories tall.

This will technically be 7 (but effectively 6) stories tall with retail facing Boylan Ave.  135 units.

[RALNATIVE]

20 minutes ago, nicholas said:

Guess this is the right thread to post this in.  More apartments coming to the edge of Glenwood South.  This will replace the two homes on the northeast corner of Boylan and Hargett, and will soon be joined by phase III of Bloc 83 which will be 18 stories tall.

This will technically be 7 (but effectively 6) stories tall with retail facing Boylan Ave.  135 units.

Has anyone seen renderings of the 18 story phase III building?

Edited October 7, 2021 by RALNATIVE

[nicholas]

53 minutes ago, RALNATIVE said:

Has anyone seen renderings of the 18 story phase III building?

None have been released yet as far as I'm aware.  This is the massing which of course is not indicative of what it will look like.

 

[Richmonopoly]

Looking good Raleigh.  I especially like Bloc 83.  

[carolina1792]

On 10/7/2021 at 11:59 AM, nicholas said:

None have been released yet as far as I'm aware.  This is the massing which of course is not indicative of what it will look like.

 

Bizjournal now has new renders of the 18 story tower and a few new details. 

[RALNATIVE]

51 minutes ago, carolina1792 said:

Bizjournal now has new renders of the 18 story tower and a few new details. 

Here's the image:

[Jones_]

On 10/7/2021 at 10:44 AM, nicholas said:

Guess this is the right thread to post this in.  More apartments coming to the edge of Glenwood South.  This will replace the two homes on the northeast corner of Boylan and Hargett, and will soon be joined by phase III of Bloc 83 which will be 18 stories tall.

This will technically be 7 (but effectively 6) stories tall with retail facing Boylan Ave.  135 units.

What a g od ddam shame. Those houses, especially the brick one, are among the best historic homes left on the west side of downtown.

Edited October 16, 2021 by Jones_

[carolina1792]

On 10/13/2021 at 12:17 PM, RALNATIVE said:

Here's the image:

Estimated construction start third quarter of 2022. 

[KJHburg]

Speaking of One Glenwood and Bloc 83 it sold today for big bucks

Raleigh office development Bloc83 sold for $330M to Canadian real estate firm - Triangle Business Journal (bizjournals.com)

""On Friday, Baltimore-based Heritage Properties said it had closed on the sale of its multi-tower, mixed-use development called Bloc83 in Glenwood South to City Office REIT of Canada for $330 million.  JLL (NYSE: JLL), which represented Heritage Properties in the sale, said it's the largest single real estate transaction in downtown Raleigh’s history.

The deal includes 495,121 square feet of space in Class A office towers One Glenwood and Tower II. The properties are situated on 3.23 acres at 1 Glenwood Ave. and 621 Hillsborough St. in Glenwood South. Heritage Properties completed construction on One Glenwood and Tower Two in 2019 and 2021, respectively.

Altogether, Bloc83 is 79 percent leased across both towers, with tenants including Envestnet (NYSE: ENV), First Horizon Bank (NYSE: FHN), WeWork and McAdams. The property has also signed on retail tenants First Watch, Yoga Six and 321 Coffee.""

[RALNATIVE]

8 hours ago, KJHburg said:

Speaking of One Glenwood and Bloc 83 it sold today for big bucks

Raleigh office development Bloc83 sold for $330M to Canadian real estate firm - Triangle Business Journal (bizjournals.com)

""On Friday, Baltimore-based Heritage Properties said it had closed on the sale of its multi-tower, mixed-use development called Bloc83 in Glenwood South to City Office REIT of Canada for $330 million.  JLL (NYSE: JLL), which represented Heritage Properties in the sale, said it's the largest single real estate transaction in downtown Raleigh’s history.

The deal includes 495,121 square feet of space in Class A office towers One Glenwood and Tower II. The properties are situated on 3.23 acres at 1 Glenwood Ave. and 621 Hillsborough St. in Glenwood South. Heritage Properties completed construction on One Glenwood and Tower Two in 2019 and 2021, respectively.

Altogether, Bloc83 is 79 percent leased across both towers, with tenants including Envestnet (NYSE: ENV), First Horizon Bank (NYSE: FHN), WeWork and McAdams. The property has also signed on retail tenants First Watch, Yoga Six and 321 Coffee.""

Now international firms are getting in on the action.