capital blvd (Northern Gateway)

[RaleighHeelsfan]

What are they doing on Capital blvd south bound lanes just outside of downtown? I know they are building a new over pass...but why did they clear all those trees near that huge barn and the Raleigh vehicle storage place? Please tell me because there will be a new development down there? I love the view of glenwood south now that they cleared the trees.

[Green_man]

Shifting the road slightly to the west as part of the realigned bridge over Peace (also the reason why Finch's is gone).  The city vehicle maintenance yard will be used as construction staging during the road project and then turned into a park afterward.

[RaleighHeelsfan]

https://www.raleighnc.gov/business/content/PlanDev/Articles/UrbanDesign/CapitalBlvdCorridorStudy.html

 

I should have googled first. The above link explains everything. Guess we needed a topic for this anyway...Looks like that big barrier in the middle of the road will be turned to median which is good.

[KJHburg]

did not know where to put this one but Grubb Ventures partners with Atlanta based Jamestown on its Iron Works project.  Jamestown did the hugely successful Ponce City Market in Atlanta and Chelsea Market in NYC.  They are no joke and do great work.  This is huge for Raleigh as city does not have many of  the old industrial buildings that other cities have like Durham, Charlotte, Winston etc.   This reminds me of Camp Northend in Charlotte www.camp.nc 

From a subscriber article in the TBJ

""Grubb is linking up with Altanta-based Jamestown for the Iron Works project, which will transform former steel warehouses off Atlantic Avenue into a mixed-used destination with half-a-million square feet of office space, retail and hundreds of residential units.  Plans for the Iron Works call for a multi-phase development to convert a property formerly owned by Peden Steel into 500,000 square feet of creative office space, more than 90,000 square feet of retail and 220 residential units. The site is at the corner of E. Whitaker Mill Road and Atlantic Avenue across from Dock 1053, another of Grubb's adaptive reuse projects.    Work on the first phase of Iron Works is expected to begin this year with the construction of a 7-story, multifamily building and the renovation of the decades-old warehouses, which will ultimately house creative office and retail space.   The first phase of the project is valued at $150 million, according to Grubb Ventures.  “While these types of iconic adaptive reuse projects are hard to come by, they are part of Jamestown’s DNA,” says Michael Phillips, president of Jamestown. “Raleigh Iron Works preserves a piece of the city’s industrial past while creating a dynamic environment for creators, thinkers, and innovators to thrive.”   Work on the Iron Works is expected to continue through 2023.""

https://www.bizjournals.com/triangle/news/2020/01/27/grubb-ventures-preps-for-first-phase-of-major.html

[KJHburg]

here is another story from wraltechwire

https://www.wraltechwire.com/2020/01/27/150m-project-set-to-create-raleigh-iron-works-near-mordecai-neighborhoods/

[KJHburg]

here is a video of the upcoming Raleigh Iron Works and it looks great.  Huge floorplates which I think will be more popular now for distancing and keeping people on one floor.

 

[RALNATIVE]

2 hours ago, KJHburg said:

here is a video of the upcoming Raleigh Iron Works and it looks great.  Huge floorplates which I think will be more popular now for distancing and keeping people on one floor.

 

Love it!

Raleigh needs more creative, cool developments like this. Not all companies and workers are interested in occupying workspaces in urban skyscrapers and many would prefer office space like this.

[rancenc]

Redevelopment coming to a "eyesore" on Capital Blvd.

https://www.wral.com/new-life-coming-for-abandoned-raleigh-hotel/19468688/

[KJHburg]

there are going to be a lot of older hotels go out of business and converted to other housing or bulldozed like this one.  The travel industry is still in a depression now especially outside of resort areas. 

[KJHburg]

Raleigh Iron Works is starting construction and this is a huge project for Raleigh.  it will help attract tech and creative type businesses.   This type of office space is gaining popularity right now and if their partner Jamestown is first class.  Ponce City Market has some of the highest office rents when it open and now has led to all kinds of neighboring development. 

Construction begins on $150M Raleigh Iron Works project | WRAL TechWire

Here is their website

Raleigh Iron Works

there is a project like this in Charlotte now called Camp North End is really attracting blue chip companies both large and small and lots of good food options. 

 

[RALNATIVE]

1 hour ago, KJHburg said:

Raleigh Iron Works is starting construction and this is a huge project for Raleigh.  it will help attract tech and creative type businesses.   This type of office space is gaining popularity right now and if their partner Jamestown is first class.  Ponce City Market has some of the highest office rents when it open and now has led to all kinds of neighboring development. 

Construction begins on $150M Raleigh Iron Works project | WRAL TechWire

Here is their website

Raleigh Iron Works

there is a project like this in Charlotte now called Camp North End is really attracting blue chip companies both large and small and lots of good food options. 

 

I do think that we need even more developments like this. As nice as North Hills and Midtown Xchange developments are, tech and creative types prefer more earthy, less corporate style spaces. Since Raleigh is a major players in those areas, more of those kinds of spaces need to be available.

[KJHburg]

3 minutes ago, RALNATIVE said:

I do think that we need even more developments like this. As nice as North Hills and Midtown Xchange developments are, tech and creative types prefer more earthy, less corporate style spaces. Since Raleigh is a major players in those areas, more of those kinds of spaces need to be available.

I agree this is going to be a home run.  Raleigh unlike Durham, Charlotte, Winston, Gboro never had a lot of old industrial buildings as your city was never a factory town like the others in the state.  Durham has attracted lots of business to their downtown in places like American Tobacco Campus, Brightleaf, Venable etc because they had so many old industrial buildings to convert.  Dittos for Charlotte  and Greensboro with textile mills.  

Camp Northend in Charlotte in an area with NO other office space nearby has attracted quite a few tenants local tech upstarts, Ally Bank and even Centene which is building another huge office elsewhere in Charlotte.  

Someone local like First Citizens Bank could open their IT office there or some local tech company could open an outpost there.      I think this project is a home run for Raleigh and may even attract an out of market new tenant.  Hmm Gilead might like that space. 

[RALNATIVE]

59 minutes ago, KJHburg said:

I agree this is going to be a home run.  Raleigh unlike Durham, Charlotte, Winston, Gboro never had a lot of old industrial buildings as your city was never a factory town like the others in the state.  Durham has attracted lots of business to their downtown in places like American Tobacco Campus, Brightleaf, Venable etc because they had so many old industrial buildings to convert.  Dittos for Charlotte  and Greensboro with textile mills.  

Camp Northend in Charlotte in an area with NO other office space nearby has attracted quite a few tenants local tech upstarts, Ally Bank and even Centene which is building another huge office elsewhere in Charlotte.  

Someone local like First Citizens Bank could open their IT office there or some local tech company could open an outpost there.      I think this project is a home run for Raleigh and may even attract an out of market new tenant.  Hmm Gilead might like that space. 

I think you're right. Most people would think that Gilead being a biotech would prefer an RTP location, but their newest NC location would support IT and Finance functions, from what I understand, which would fit nicely in a downtown development. I've seen this sort of thing in many other cities.

[po-boy]

Agreed that this is an exciting project. Raleigh does not have as many historic buildings as many other cities and it is great that these two are getting updated and incorporated into such a quality development.

As @KJHburg said, Jamestown is first class. One of the best developers in the country. Ponce City Market is one of my favorite projects of the last decade, so I'm expecting the reality to live up to the renderings. I hope they keep the pedestrian bridge.

[dmccall]

I remember riding through these buildings in a chartered CAT bus when I was in 5th grade. We saw them fitting I-bars of steel for a bridge in those controlled conditions before sending them into the wild. (the bus went on to Shearon Harris, which was still under construction - so much fun!)

I've always thought that this site would be a major redevelopment, which would spur a logical transit stop on the north spur of a rail system. I'm so excited that Jamestown is involved. I do hope they can continue with quality without going cookie cutter everywhere like Rouse did after the Inner Harbor.

Edited February 25, 2021 by dmccall

[KJHburg]

I had to really look to find this but this project is GREAT.  Raleigh Iron Works in the old Peden steel plant.  Off Atlantic Ave and will drop by everytime I am in the Capital City to check on progress now that I know where it is.  Watch some tech company lease space here they love this kind of space.  

Raleigh Iron Works

Raleigh was never an industrial city like the other major NC cities but I have to give you credit you saved both of your textile mills and now this redevelopment.  

Edited June 15, 2021 by KJHburg

[po-boy]

I think the Iron Works is going to be one of the very best spots in Raleigh when it is complete. Jamestown is a legit developer.

[KJHburg]

Yes Jamestown redeveloped and opened Ponce City Market in Atlanta which is the huge old Sears/City Hall annex building in Atlanta on the Beltline. if ever in ATL go by and see it for it is amazing. 

[KJHburg]

Proposal at Wake Forest Rd and Whittaker Mill Rd near Capital Blvd.

from Jed@oakcityre

A JV b/w SLI Capital and Regent Partners has closed on land and $ for East End Market PhII to include 235Ksf of Office, 40Ksf of Retail, and 465 apartments!
Renderings below are from pre-rezoning and are subject to updates. Excited to see soon!

Home | East End Market - Raleigh, NC (eastendraleigh.com)

 

 

Edited July 9, 2021 by KJHburg

[KJHburg]

Raleigh Iron Works today lots has changed since my last visit.  

[KJHburg]

Raleigh Iron Works is a great project.  Here is a little news story on it.

Vintage warehouses being spruced up for new Raleigh Iron Works development - ABC11 Raleigh-Durham