Jump to content

Recommended Posts


  • Replies 125
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

Couple renderings of the residential towers on the west side of the block (facing the park) condo building on left, and apartment on the right.

Saw a link posted in the comments section on dtraleigh.com to the website of an artist that provided the renderings for the City's southern gateway planning report ( http://www.depictionillustration.c

This development would be off the charts if they would stagger the heights of the  four buildings between 19 to 40 stories.  

Posted Images

9 minutes ago, ctl said:

Perhaps this will smoke out why the City wanted the 20-story limit.

The short answer is that many of the long-time residents are not interested in seeing skyscrapers rising in Raleigh. These zoning limits were mainly put into place to appease this group. Any urban developer will tell you that a city such as Raleigh needs to go taller in it's CBD due to the rapidly rising cost of land.

Link to post
Share on other sites
  • 2 weeks later...

  • 5 months later...

I am wondering if they are really in talks with other developers/interested parties?

The article seems to indicate that this group and the N&O have been in talks for quite some time. So in this case, I would think that the originaly interested parties  that were not chosen would have already gone their merry way? Thoughts? 

Link to post
Share on other sites

Wild guess: Kane will buy the block and move the N&O office to his new tower by train station. That would allow removing all the buildings and starting with clean slate.  (( side note: I worked in the building facing Nash Square when in HS, many many years ago. The complex was a maze inside then and do not think would be any better now ))

Link to post
Share on other sites
17 hours ago, Scotchman said:

Wild guess: Kane will buy the block and move the N&O office to his new tower by train station. That would allow removing all the buildings and starting with clean slate.  (( side note: I worked in the building facing Nash Square when in HS, many many years ago. The complex was a maze inside then and do not think would be any better now ))

The deal falling thru may be a blessing in disguise. I always hoped Mr Kane would get this site. Fingers crossed!

  • Like 1
Link to post
Share on other sites

On 1/5/2017 at 10:12 PM, Scotchman said:

Wild guess: Kane will buy the block and move the N&O office to his new tower by train station. That would allow removing all the buildings and starting with clean slate.  (( side note: I worked in the building facing Nash Square when in HS, many many years ago. The complex was a maze inside then and do not think would be any better now ))

I think you meant...whole block minus the stuff along Hargett. 

I agree this is a blessing in disguise. They had the 8 story classical revival Professional Building under contract too (Hargett and McDowell) along with the Father & Sons building. What the hell did they need with that except perhaps putting the N&O in there? Anyway, I don't trust them at all now...they give off the scent of a convoluted group of investors with no interest in anything except maxing out their profit. I could be wrong, but until then I feel wary....I mean...how can other companies pull off space for the N&O and they can't? I can't think of many scenarios that paint them in a good light...

Link to post
Share on other sites

I do not understand why the N&O wanted  a plan that included suitable space for the newspaper in the redevelopment  3-acre site on McDowell Street.  Is there other places in downtown they could move?

In Charlotte the Charlotte Observer moved out of their site to another building.

Both papers are owned by the same company and you would think that the News & Observer would do the same as the Charlotte Observer.

Charlotte Observer site now. No moving back now.

May next year the N&O site will look like this.

RenderedContent-D88E_zps3aumg9j6.jpg

 


 
Edited by RiverwoodCLT
  • Like 1
Link to post
Share on other sites
  • 9 months later...
  • 1 month later...
  • 2 weeks later...

Property was sold to Acquisition Group, of California, per the article linked above.  Apparently the buyers, who also own the BB&T tower, have been hoping to invest in the property for 30 years.  :o  Hopefully that means they will build something truly special.

Exciting times!

Edited by Merthecat
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.