Recommended Posts

The old Ramada Inn turned failed Duke Condo project turned failed boutique hotel by Graduate Hotels, is in the process of being demolished.  It appears everyone has given up at this point on trying to save the bones of this building and it's going to be razed for a 342 unit apartment complex and parking deck.  The design is being handled by CLINE Design on behalf of Alliance Residential out of Charlotte.

News blurb courtesy of the Herald Sun:
http://www.heraldsun.com/news/business/article160321189.html

Map of the site via Google Maps:
https://goo.gl/Z2481p

General site plan which definitely maximizes every inch of their site as opposed to the giant sprawling parking lot currently there:
UDKKGvI.jpg

Link to the current plans pulled from Durham's Land Development Office:
https://www.scribd.com/document/368876990/600-Willard-Apartments

Found this YouTube video of someone that ventured inside before demolition started:

 

Edited by DPK
Added video of an urban explorer before demolition.
  • Like 2

Share this post


Link to post
Share on other sites


Thanks for the pics. Thats about the best you can hope for, for a parcel that is adjacent to an off-ramp. 

Share this post


Link to post
Share on other sites

Durham has done a really nice job with urbanizing that area around the ballpark.  FAR greater success than Raleigh has had with getting anything other than suburban bleeck around 
PNC Arena...

Edited by JeffC
  • Like 4

Share this post


Link to post
Share on other sites

^^ Nice shot of the One City Center tower in the distance. 

So when is this going to be imploded?

  • Like 1

Share this post


Link to post
Share on other sites
38 minutes ago, KJHburg said:

^^ Nice shot of the One City Center tower in the distance. 

So when is this going to be imploded?

Haha yeah nice catch.  That's the only picture I took that was totally intentional.  My girlfriend and I were walking by and were like "oh that's a perfect angle" so I awkwardly held my camera over the fence and snapped.  Definitely shows just how much One City Center towers above everything.

I need to go back and look at the permits to see if there are any better details on how the main structure is being torn down, but I don't know if this is going to be imploded or if it's going to be picked apart.  The dealership is right across the street and I don't think they'd be all that happy with a giant implosion happening.  That and NC-147 is right behind this as well.

If you look closely at the pictures, all the windows were recently lined with plastic on the inside.  That and the entire side of the building facing the NC-147 offramp has been plastic covered as well.  It makes me wonder if that is an attempt to contain anything inside for an implosion or its just a massive amount of asbestos abatement.

Alternatively there are so many workers on the site right now I could probably just walk up and ask one of them.

Edited by DPK
  • Like 1

Share this post


Link to post
Share on other sites

I wonder, what percentage of Ramada Inns and Holiday Inns ever built are still standing, and what percentage are still open as hotels. Vacant slabs from tear-downs have become a common sight on the Interstate highways. In particular, the typical 1960 two-floor design with outward-facing rooms is fading fast.

Edited by ctl

Share this post


Link to post
Share on other sites
On 1/13/2018 at 9:16 AM, ctl said:

I wonder, what percentage of Ramada Inns and Holiday Inns ever built are still standing, and what percentage are still open as hotels. Vacant slabs from tear-downs have become a common sight on the Interstate highways. In particular, the typical 1960 two-floor design with outward-facing rooms is fading fast.

Two recent thoughts I had recently, sort of related to your post...one is that those two road-side motorlodges on Wake Forest Rd...Gables and the other concrete block one, are pretty cool reminders of what US 1 life was like in say, the 1920's to the early 1950's. I am glad there is still some wistful love for those places and a handful are hanging on, often along corridors that no longer are the major thoroughfares they used to be and two, there is an 70's or 80's vintage hotel facing Captial Blvd near Westinghouse Blvd, that has been vacant for 6-8 years now...I think it had previous lives as a Holiday Inn and a Days Inn maybe? Anyway, it looks just like the Durham Ramada that was just torn down...something about that style really was eastern-bloc and extra crappy looking to me and right now I am happy to see them all torn down.  Will hindsight change my opinion? In this case, I am not banking on it. I suppose the point of my reply, is that the exact era and building makeup and location might influence the likelihood that a particular one survived...

Share this post


Link to post
Share on other sites

January 16th, 2018

Was too busy today to get any closer views, but did manage an aerial.  Nothing major of note.  Only noticeable changes are increased grading to the South (left in the below picture) of the site and the plastic covering the windows on the entire top floor has been removed.  I'm guessing potential asbestos abatement has been completed on that level now.

B9kO53I.jpg

  • Like 1

Share this post


Link to post
Share on other sites

January 25th, 2018

Notables from todays aerial photo include what appears to be a retention pond (or some form of large hole in the ground) being graded directly above the Ford sign in the southern corner of the site, adjacent to the construction trailer.  Site grading continues and it appears that abatement has been completed on the majority of floors in the building (plastic tarps on windows are now gone save for the first floor).  Additionally scaffolding has now started to be erected on the far side of the building facing BB&T.

am2KtLm.jpg

Edited by DPK
  • Like 2

Share this post


Link to post
Share on other sites

January 26th, 2018

From this past Friday, continued grading can be seen in the southern part of the site inching forward into what was the front parking lot.  Additionally workers were focused on raising scaffolding to the height of the building on the northern part of the site.  I imagine it will soon mimic the look of the southern half, draped in plastic tarps.  Shoutout to one of the workers in the below picture that saw me and had some fun with being photographed way up in the air.

pIDF6Jd.jpg

R0iKpA3.jpg

The below picture is humorous as the worker at the top most corner saw me and yelled down while seemingly performing a reenactment from the bow of the Titanic:

AlzPyCs.jpg

UtEdbii.jpg

Workers were assembly-lining sections of scaffolding up from the lift, over their heads to the worker on the level above them:

mTVDdL8.jpg

All the scrap from the demolished annex/lobby is now gone:

LZSMTH9.jpg

LM4Qrun.jpg

qxvsOR3.jpg

Nothing has really been happening in this back corner of the site, the pool and its removed roof still remains for the moment:

fj3dgbH.jpg

Edited by DPK
  • Like 2

Share this post


Link to post
Share on other sites

February 1st, 2018

The scaffolding on the Southern (left in the below picture) side of the site was in the process of being dismantled.  It appears that abatement of that side of the building has been completed and work is ramping up on the far side of the building, with scaffolding being wrapped with plastic tarp.  It appears they are stripping the exterior down to bare concrete and throwing everything into a hazardous tarp-covered dumpster, wrapped in red tape.

Additionally all the windows have been removed from the exterior of the building to the East and West.  What appears to be access to the first floor for bobcats/equipment has been provided by removing part of the wall on the middle of the first floor.  Grading continues further across the front of the building.

gwjrWO0.jpg

wrGBR7L.jpg

YpeMMuA.jpg

E3kpa1I.jpg

3YTpygR.jpg

qeh8Ozl.jpg

  • Like 1

Share this post


Link to post
Share on other sites

February 2nd, 2018

Not much of note just a day later.  All work appears to be focused on abatement to the North of the site, within the tarp covered scaffolding.  Didn't take any closeup pictures this day, but the interior of the first floor is seeing quite a bit of demo with the new vehicular access in the middle-center of the first floor in the picture below.

The building looks so sad now with its windows being gone these past few days.

TKbvXps.jpg

Edited by DPK
  • Like 2

Share this post


Link to post
Share on other sites

On 1/13/2018 at 9:16 AM, ctl said:

I wonder, what percentage of Ramada Inns and Holiday Inns ever built are still standing, and what percentage are still open as hotels. Vacant slabs from tear-downs have become a common sight on the Interstate highways. In particular, the typical 1960 two-floor design with outward-facing rooms is fading fast.

On 1/16/2018 at 11:38 AM, Jones_ said:

Two recent thoughts I had recently, sort of related to your post...one is that those two road-side motorlodges on Wake Forest Rd...Gables and the other concrete block one, are pretty cool reminders of what US 1 life was like in say, the 1920's to the early 1950's. I am glad there is still some wistful love for those places and a handful are hanging on, often along corridors that no longer are the major thoroughfares they used to be and two, there is an 70's or 80's vintage hotel facing Captial Blvd near Westinghouse Blvd, that has been vacant for 6-8 years now...I think it had previous lives as a Holiday Inn and a Days Inn maybe? Anyway, it looks just like the Durham Ramada that was just torn down...something about that style really was eastern-bloc and extra crappy looking to me and right now I am happy to see them all torn down.  Will hindsight change my opinion? In this case, I am not banking on it. I suppose the point of my reply, is that the exact era and building makeup and location might influence the likelihood that a particular one survived...

There's a Ramada facing I-40/I-85 in Burlington right near exit 143, and another that sits off of I-40 in Greensboro at exit 217.  Both are still open.  In Charlotte, there was a Ramada in the northeast quadrant of I-85 at exit 41, but it closed recently and is now a 'Regal Inn'.  Directly across the interstate from that is an ancient-looking Economy Inn that I'm pretty sure was designed by architects from Soviet Russia.  Somehow, it's still hanging on (the 'WI-FI AVAILABLE' banner on the front of the building must have been worth the investment).  Also in Charlotte is a somewhat large (for a Ramada) Ramada/Clarion Inn on the east side of I-77 at exit 6.

No idea what the percentage of Ramadas still standing is, but I still see a ton of Holiday Inns around the state.  The newer ones are generally branded as 'Holiday Inn Express' though.

Share this post


Link to post
Share on other sites

^^^ Most of those cheap outside facing motels are now all cheap motels with no major branding or the lowest level of Choice hotel family,   The Ramada now Regal in Charlotte at Sugar Creek is now a Quality Inn after a renovation.  If you come to the Queen City don;t stay anywhere at that exit stay further north on Harris Blvd or Concord Mills Blvd both which much newer hotels.  

I can;t believe that round Holiday Inn in downtown Raleigh is still open maybe it has been renovated.

Hey @DPK enjoy your photos do take one of the new One City Center tower when you can.  My "office" WeWork is going in there and looking forward to checking into my "office" for the day sometime. 

 

  • Like 4

Share this post


Link to post
Share on other sites
1 hour ago, KJHburg said:

Hey @DPK enjoy your photos do take one of the new One City Center tower when you can.  My "office" WeWork is going in there and looking forward to checking into my "office" for the day sometime. 

I'll see about working that into the rotation.  :) 

The extra steps will do me good anyways.

  • Like 1

Share this post


Link to post
Share on other sites
4 hours ago, KJHburg said:

I can;t believe that round Holiday Inn in downtown Raleigh is still open maybe it has been renovated

 

Clarion renovated it (enclosing the balconies being the obvious exterior change) when they bought it from Holiday Inn first time around. Once downtown started looking like a real money maker again, Holiday Inn wanted back in(and redid the entrance) I guess...I don't really understand how branding vs ownership groups works...could be same owners slapping a different name on it

Share this post


Link to post
Share on other sites

^^ Yes the same owner can and does change franchise names but usually the higher up the chain or brand you go the more renovations  you would have to do.  That Holiday Inn downtown is really in a great location.   I have seen the same brand jump around a couple places in a very small area going newer  buildings each time.   All the brands and the sub-brands within their group have min. standards and sometimes a Courtyard can fall to a Fairfield Inn by Marriott because renovations are not done.  

This hotel in downtown Durham is typical of what was built in the 1960s 1970s and without extensive renovations it is cheaper to tear down since they usually had large surface parking lots. 

  • Like 1

Share this post


Link to post
Share on other sites

Sometimes the franchisor of a new brand will help fund the improvements needed to meet the new brand's standards. This is one reason why some hotel owners churn brands, especially if the hotel is a by-the-interstate location that isn't likely to build a recurring customer base that might be put off by the churn.

Many of the HI Express locations were built after the industry decided that rooms opening to the exterior of the hotel were undesirable. The first Hamptons and Fairfields had exterior-facing rooms, but I believe all those have  been kicked out of the systems now. (For a while, the paper Hampton directories had an "E" or an "I"). Women traveling on business, single moms traveling alone, etc became a very large part of the market and are perceived to strongly prefer rooms that open to interior hallways. Interior-opening rooms are also perceived as minimizing crime, given that some motels have become magnets for drug manufacture and dealing. And interior-opening rooms provide more inspection of who comes down to the lobby for free coffee or breakfast. This change in the market left most of the 1955-1980 Holidays, Ramadas, etc out in the cold. But the DTR Holiday is one of the exceptions.  

Edited by ctl
  • Like 1

Share this post


Link to post
Share on other sites

^^^ I stayed in a Hampton Inn in Monroe LA and when I made the reservation they said in big letters EXTERIOR corridors to warn me as most are not like this anymore.  (It was fine and I stayed there as it was cheaper than the West Monroe LA location)  Fairfield by Marriott used to have those exterior corridors and they dumped everyone of them in Charlotte and built new ones with interior corridors  (existing ones because other cheaper brands) 

  • Like 1

Share this post


Link to post
Share on other sites

February 7th, 2018

Building is increasingly becoming a shell of its former self.  Exterior walls are coming down on the East and West sides of the building.   Trees/planters that were directly in front of the building have been removed.  That and continued abatement of the walls on the North end of the site appear to be the majority of the work taking place right now.

kRd8XYr.jpg

When the gate is open, this guy is always parked here sitting in his truck keeping a watchful eye on things.  He's been here every day since before the fencing went up:

Jdz9USG.jpg

MsJ3cGX.jpg

39p0Lmd.jpg

Quick shot showing the "clean room" tent on the North side of the site:

1K48X68.jpg

Buh7LOM.jpg

P5tVxrG.jpg

RPfDxNp.jpg

Debris piled up in the narrow area between the building and former pool area:

lHFkumm.jpg

BuEUx9q.jpg

Edited by DPK
  • Like 1

Share this post


Link to post
Share on other sites
On 2/6/2018 at 8:05 PM, DPK said:

I'll see about working that into the rotation.  :) 

The extra steps will do me good anyways.

@KJHburg I also didn't forget your request, check out some updates shots of One City Center here:

:)

  • Like 2

Share this post


Link to post
Share on other sites

February 8th, 2018

Nothing overly notable today outside of an increase in exterior wall removal on the East and West sides of the building.

eENTeIn.jpg

  • Like 2

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Similar Content

    • By jacktandy00
      Article Summary
      A study that monitors a wide range of apartment prices in Turkey within several Turkish cities, such as apartment prices in Istanbul, apartment prices in Trabzon, factors of rising and falling real estate prices in Turkey and comparing them with their counterparts in international apartment prices to provide useful information to Arab investors.

      Introduction to the Turkish Economy
      The Turkish economy has achieved record leaps in the past few years. Turkey’s economy has been the largest Islamic economy, Turkey’s apartment prices have risen in 2016 and Turkey’s apartment prices in 2017 have spawned unprecedented price spikes. Turkey is an active member of the G20, the world’s most powerful economy. Turkey’s GDP for the year 2017 was about 851 billion dollars. The value of foreign investments in Turkey in 2017 amounted to 10.9 billion dollars. The number of foreign companies in Turkey for the year 2017 about 58 thousand companies. These great achievements have been achieved through national self-sufficiency, which Turkey has been able to reach before joining the European Union.
      The geographical position of Turkey between Europe and Asia is a strong factor in addition to the preferred market and geographic factors of Arab investors. For all these reasons, the price of apartments in Turkey has achieved unprecedented growth as a real investment and development real estate tool due to high demand, preferably by Turkish and expatriate investors, especially from the Gulf countries. Despite all this, the price of apartments in Turkey for sale is still below the real value, which makes experts and specialists expect the price of apartments in Turkey to reach new record levels; focusing on apartments in projects that are still under construction, where it is expected to make excellent profits immediately after delivery or a few years later.
      The Price of Apartments in Turkey after the Law of Foreign Ownership
      After the Turkish Foreign Ownership Act was passed in 2012, property prices in Turkey rose rapidly, with most Arab nationalities having the right to own real estate, especially apartments in Turkey. Real estate is expected to increase the price of apartments in Turkey under the new legislation from 60% to 90% over the next five years. Under the law of 2012, the Turkish government approved more modern legislation more flexible, which opened the door to the citizens of more than 129 different countries around the world to enter the Turkish real estate market. At the same time, encouraging real estate and investment laws have been approved, reflecting positively on the prices of apartments and achieving the common and sustainable development interest of both sides. Turkey is the promising country and the incoming investor is looking for a new opportunity in a prosperous and stable country. The Turkish government, along with real estate companies in the private sector, is taking a leading role in encouraging real estate investment by making special offers and facilities to own apartments in Turkey and encouraging new real estate projects that will positively reflect the prices of apartments in Turkey and meet the needs of investors through Various payment methods, including a wide range of convenient installment options, are designed to make apartment prices in Turkey accessible to all budgets for all social and investment segments. The political, economic and social stability enjoyed by the country ensures the maintenance of apartments and real estate purchased in Turkey at their prices and escalated at stable rates over time. This was reflected in the smooth transition to the presidential system following the early June presidential and parliamentary elections in June 2018, which resulted in greater government empowerment and stability in Turkey.
      Turkish Citizenship of the Foreign Investor
      The Turkish Citizenship Law was issued to real estate investors in 2017. Under this law, the real estate investor can obtain Turkish citizenship through a real estate investment of $ 1 million for the campaign of most foreign nationalities. How much is the Price of Apartments in Turkey Compared with their European Counterparts?
      The law prices of apartments In Turkey is what attracting the Arab investors in the first place when it’s compared with its European counterparts. In Istanbul which is Turkey’s economic capital and the world’s largest city by population, you can buy a small apartment on the map for $ 100,000, with a good tourist site, and value Promising investment could rise to 140 thousand dollars when it is ready. The average price of real estate in Turkey is still 50-60% lower than in Eastern Europe and 80-90% in Western Europe, according to The Times. Turkey offers its foreign investors better real estate opportunities in terms of prices than other Mediterranean countries, as well as rental income of about 5.4% and is among the highest in the region.
      What Factors Determine the Price of Apartments in Turkey?
      First: the Type and Importance of the City
      The tourism, commercial and industrial advantages of each city and its proximity to the sea, is very important in the prices of apartments in Turkey. Tourism cities are so varied around Turkey, but the best in Istanbul, which is the largest, most important and most beautiful of the beaches, monuments, and entertainment. It is perhaps the most expensive city in Turkey. Here is a list of the prices and the cost of living in Istanbul. The cities of Trabzon, Bursa, Antalya, and Yalova are no less important than Istanbul because of their charming and attractive nature and tourist attractions. While prices are relatively descending as the demand is less in the inner cities, such as Konya, Eskisehir, Gaziantep, and others. Second: Location of the Apartment in the City
      Here are several factors that determine the price:
      The proximity to tourist places such as beaches, sea views, lakes, public parks, and archaeological sites such as famous mosques, palaces, old castles, museums, and entertainments. The proximity to the apartment from the airport and public transport such as the metro or bus line (metro) or main streets, highways. Thousands of new investors are expected to arrive after the opening of the major development projects in the country, such as the new Istanbul Canal and the Istanbul III Airport. These mega-projects have been operating for several years, and a significant rise in prices is expected following the completion of multiple phases of completion of each of these major projects. The dimension and proximity to the city center itself or the center of the area, such as the famous district of Basaksehir, the new center of Istanbul with excellent prices for apartments. The occurrence of an apartment in a coastal area overlooking the sea, or in green areas, or even in the center of the city, all affect the impact on the price of the apartment in Turkey.
      Third: Specifications of the Apartment
      In terms of several main things:
      Apartment Area, Number of rooms, Number of Bedrooms, Number of Bathrooms and, Number of Balconies, Year of Establishment, Floor Number within Architecture, Housing Availability or Delivery Date, Quality of Cladding and Other Items.
      The conclusion to the Prices of Apartments in Turkey
      In the end, it can be said that for $ 100,000 you can buy a good apartment in a large city like Istanbul, the prices of apartments in Turkey are still relatively low compared to countries that possess the same advantages as Turkey’s properties. The real estate and construction sectors are expected to continue to grow and gain profits as Arab and European investors will continue to pay attention to these two sectors in Turkey as a result of the expected profits from the continued improvement in apartment prices in Turkey. There are still promising areas and vast areas for investment in Turkey that have not been invested and entered by investors and developers but are under consideration for their present value and promising strategic location. Statistics estimate that Istanbul alone needs about two million new homes, so public and private construction companies will continue to start new housing projects and offer apartments for sale in Turkey, which is an important indicator of the growth of apartment prices in Turkey in the future. Customers always want to get approximate numbers as answers to their recurring question: How much is the price of apartments in Turkey? Therefore, we have to show that the price is controlled by several factors related to the property, the city, and other objective conditions, however, we can provide approximate models of the average price of apartments in Turkey at the exchange rate against the Turkish lira for June 2018 according to the following tables:
      Sample Prices for Apartments in Turkey
      Prices of Apartments in Turkey in US Dollars – Istanbul
      Category Region /  
      Number of rooms
      A+ A B 1+1 195,000 $ 90,000 $ 60,000 $ 1+2 265,000 $ 150,000 $ 85,000 $ 1+3 400,000 $ 180,000 $ 110,000 $ Prices of Apartments in Turkey in Saudi Riyals – Istanbul
      Category Region /  
      Number of rooms
      A+ A B 1+1 731,250 337,500 225,000 1+2 993,750 562,500 318,750 1+3 1,500,000 675,000 412,500 Prices of Apartments in Turkey in US Dollars – the City of Trabzon
      Category Region /  
      Number of rooms
      A+ A B 1+1 90,000 $ 50,000 $ 31,000 $ 1+2 170,000 $ 60,000 $ 40,000 $ 1+3 230,000 $ 85,000 $ 55,000 $ Prices of Apartments in Turkey in Saudi Riyal – Trabzon City
      Category Region /  
      Number of rooms
      A+ A B 1+1 337,500 187,500 116,250 1+2 637,500 225,000 150,000 1+3 862,500 318,750 206,250  
      For detailed projects with their specifications and prices, please visit the following links:
      Apartments for Sale in Turkey – Apartments for Sale in Istanbul – Apartments for Sale in Trabzon.
      After you have completed your search for the prices of Turkey’s apartments and cities, and when you make a purchase decision, do not forget to consult a reliable real estate company such as Imtilak Real Estate Company, to facilitate the purchase and ownership of apartments in Turkey and to ensure the best reliable rates for the best apartments under projects Governmental in Turkey.
    • By jacktandy00
      It is advisable to set the necessary budget for buying apartments for investment purposes, while moving away from bank loans as much as possible when buying such apartments, because of the high interest added on these loans, which are often equal to the expected investment profit or more, In addition to the possibility of difficulties in the regularity of payment of periodic installments, which may result in the imposition of other financial sanctions.
      It is important also to note that the investment amount allocated for buying an apartment must be a surplus from the basic needs of the owner, because there is always a risk in the investment operations, and may get a loss if the investor suddenly had to buy the necessary liquidity.
      It is not recommended to focus on the famous high-priced areas in major cities, but it is recommended to go to the developing regions and to under real estate development.
      It is also necessary to research and investigate the reliability of the real estate company or the real estate broker before buying the property, and to check the price offered and specifications of the property, also to be sure of the technical issues related to the property in all respects, in addition to the legal situation and the form of registration in the registration of real estate records.
      What are the most important tips for choosing apartments to invest in Turkey?
       
      First: Under construction apartments: because the prices of apartments in Turkey, much different if they are ready or under construction, and it is known that waiting will increases properties prices.
      Second: Apartments in areas that are booming and growing with a strong urban movement, which can be growing and rising constantly unlike other stable and full areas.
      Third: The real estate agent must be a consultant. You must choose a real estate broker with experience and reliability in Turkish real estate. It helps you choose an apartment to invest in Turkey so that the investor does not fall into the wrong choice.
      In the past two years, Turkish real estate companies have been competing in large-scale real estate campaigns that have led to a quantum leap in apartment sales, local and foreign investors were given the opportunity to buy comfortable apartments for periods of up to 240 months, making the search for apartments for sale in Turkey in 2017 and 2018 an option for those wishing to own and invest.
       
      Apartments prices in Turkey is relatively low compared to the prices of apartments in other European countries, and the investor can achieve high incomes relatively risk-free, by investing in buying apartments for sale in Turkey; Turkish construction companies have set up a large number of urban projects at all levels and desires to meet all investors needs and those wishing to own.
      Some investors may wonder about the average price of the apartment in installments in Turkey, and to answer this question we can say that this varies from one city to another and from one area to another within the city, but in general, you can afford an apartment acceptable for $ 65 thousand dollars.
      In addition, the amazing installment options to suit different times, including a real estate campaign that has the potential to pay 1% of the apartment prices, and start paying installments starting in 2019. Real estate experts predict that the year 2018 will see such campaigns, which will increase the vitality of the real estate sector in Turkey, and the demand to buy apartments and investment in Turkey of various types, especially apartments with wonderful sea views.
      Tips for those wishing to buy cheap ownership apartments in Turkey:
       
      When looking for apartments for sale in Turkey, He should not be satisfied with the description he receives from many marketers in traditional and electronic media. The investor should study the area and decide to buy an apartment in it and must know the infrastructure, the type of apartments, the most important facilities and public services surrounding them. It is necessary to choose apartments built in accordance with international standards because this type of apartments rises in price over time. The investor must make sure that the apartment that he will buy is free of structural defects as well as free of any debts, taxes, financial assets or legal consequences. Looking for a reliable real estate agent to use in the purchase and ownership of apartments and to solve any problem you may face. At Imtilak Real Estate, we offer you a variety of options to purchase property in Turkey, whether it is for family housing or leasing, and for monthly financial returns. We can also assist you in after-sales services such as leasing and property management.
      Reasons why to invest in Turkey: 
      https://turkey.imtilak.net/en/apartments-for-sale-turkey
      As the country has an area of about 783,562.38 km² which shows how large the country is and also defines the potential of development in it. In spite of the area, there are many other reasons why a person should think of the investment in Turkey some of them are listed below.
      Growth in the real-estate: While the reports show that there is a decline in the real estate business all over the world including America and European countries, but in Turkey, there is a growth in the real estate sector of around 18.4%. This shows how safe it is to invest in Turkey and explains why there are many apartments for sale in Turkey. Global evidence: Istanbul and many other big cities are considered to be attracting the real estate investors. Also, Turkey is ranked as a 3rd most profitable country in the sector of real estate. The real estate business is rapidly growing in Turkey and it’s considered to be one of the best countries for investment purpose in Europe. Availability of properties: There are ample numbers of units for sale in Turkey. If someone makes his mind of investing in Turkey in flats or apartments then he can surely find the right property for him. Apartments in Turkey for sale are equipped with all the new facilities and amenities. Demographic factor: The demography of an area can affect the business of that place; it can be in a negative or a positive way. But the demography of Turkey is the most favorable for its real estate sector. All the demographical factors are in the favor of the business let it be the population or the distribution of land. High GDP: The GDP of Turkey is always on the rise. The GDP was around 822 USD billion in the year 2013. 60% of the population in Turkey is under 40 years of age; this makes it a major target for foreign direct investment. Easy availability of finance: Banks and mortgage firms provide easy finance options for people who are looking for investment in real estate in Turkey. This allows them to buy the property on the spot and allows for slowly paying off the loans. This makes apartments for sale in Turkey easily available for those who are willing to buy and invest. Slowly becoming an economic hub: Turkey is slowly getting transformed into an economic hub which provides extremely modern shopping centers and an easy access to 1.5 billion people who visit Turkey for different purposes. The factors mentioned above can make any person interested in the apartments for sale in Turkey. Understanding these factors will show people that real estate investment in Turkey can be really profitable and can lead to great benefits.
       
    • By 23320
      Armada Hoffler proposing land swap for City Hall relocation to Town Center
    • By smileguy
      Bunglaower reports a 13-story multi-family residential tower is being proposed for 108 E. Livingston Street called Magnolia Rose. 
      The proposed 320 unit development would also include space for six parcels of ground-level retail. The plan, submitted on 4/20, calls for the City to abandon a section of North Rosalind Avenue, which translates to approximately 77,982 SF of right-of-way, to host an adjoined five-story, 395-space parking garage.
      http://bungalower.com/2017/04/25/developer-eyeing-livingston-wedge-potential-residential-tower/
    • By KJHburg
      275 new jobs at Apex Robotics firm
      http://www.bizjournals.com/triangle/news/2017/04/13/apex-robotics-firm-plans-hiring-binge-in-upcoming.html?ana=e_ae_set1&s=article_du&ed=2017-04-13&u=oAaDx%2B74FoP4qOJ%2By4AU6dhJPpc&t=1492114409&j=77935151
      Why I chose to move my start up tech company to the Triangle? Read this blog from Map My Customers CEO https://medium.com/@matthewsniff/why-i-moved-our-company-from-the-valley-to-the-triangle-b7d4df06d291