Jump to content

Crabtree Valley Mall area projects


rolly

Recommended Posts

5 Story Apartment Complex

Plans have been submitted for a 350,000-square-foot apartment project near the Crabtree Valley Mall.

  • 5-story, 230-unit apartment complex featuring 356,822 square feet
  • 4-story parking deck.
  • a future phase with 15,000 square feet of retail and restaurant space. 

CM.png

  • Like 3
Link to comment
Share on other sites

  • 2 weeks later...

On 12/4/2019 at 2:18 PM, KJHburg said:

Drive by photos today of the new Crabtree Terrace building across from the mall.  I see it is elevated to prevent flooding too.

https://ewp-nc.com/project/crabtree-terrace/

IMG_8461.JPG

IMG_8462.JPG

IMG_8463.JPG

IMG_8464.JPG

Thanks for the photos. This is arguably the worst development project we've seen in, oh, 20 years in the area. They built a short, ho-hum building in the floodplane with a tall ugly parking garage right up on Glenwood ave. The result, a building that has no marquis frontage, makes no visual statement about it's surroundings, has poor views from inside, and requires its employees to navigate up and down a parking garage, then navigate up into the building to reach their destination. Putting this building on top of the parking garage would have better protected it from floods and been much easier to use. I have some patients who have already complained about how cheap the Allscripts building in North Hills feels due to having to use a separate parking garage next door., This is truly a lost opportunity for the Crabtree area.

Edited by dmccall
  • Like 2
Link to comment
Share on other sites

2 hours ago, dmccall said:

Thanks for the photos. This is arguably the worst development project we've seen in, oh, 20 years in the area. They built a short, ho-hum building in the floodplane with a taller ugly parking garage right up on Glenwood ave. The result, a building that has no marquis frontage, makes no visual statement about it's surroundings, has poor views from inside, and requires its employees to navigate up and down a parking garage, then navigate up into the building to reach their destination. Putting this building on top of the parking garage would have better protected it from floods and been much easier to use. I have some patients who have already complained about how cheap the Allscripts building in North Hills feels due to having to use a separate parking garage next door., This is truly a lost opportunity for the Crabtree area.

 

Yeah I tend to agree.  That Crabtree building is boring, drab, and really contributes nothing stimulating to the area it's in.

Link to comment
Share on other sites

It should have definitely been built on top of the parking deck. Would have been prominent as hell.  It looks cool, but it's kind of hidden due to being snugged in that spot. 

But... it does add the highest density office space in metro Crabtree Valley.  Certainly overall a nice addition to the Raleigh tax base, despite how much more awesome it could have been. 

  • Like 4
Link to comment
Share on other sites

  • 2 years later...

Big News out of Crabtree Valley Mall.  The mall is for sale and I am sure some redevelopment will happen.  Most of the mall would remain retail I would imagine but I can see some mixed uses coming like an apartment tower, office or something.  from the triangle biz journal.

https://www.bizjournals.com/triangle/news/2022/02/14/raleighs-crabtree-valley-mall-goes-up-for-sale.html

""Just two months shy of its 50th birthday, Crabtree Valley Mall has been put on the market.  The 57-acre enclosed mall off Glenwood Avenue in Raleigh is the second-largest shopping center in the Triangle area and is up for sale for the first time since it opened in 1972.  Sources confirmed to Triangle Business Journal that the mall is currently for sale with global real estate investment bank EastDil Secured as the listing brokerage. Eric Zimmerman, managing director at EastDil Secured, declined to comment on the listing.  The mall, owned by CVM Holdings LLC, goes up looking for buyers as the retail sector continues to shift, with e-commerce growing rapidly and many traditional enclosed malls struggling to generate enough foot traffic amid changing economic and demographic trends – leading to developers and investors scooping up mall properties across the country and, in many cases, transforming them into mixed-use spaces with an open-air design. CVM officials did not return repeated phone calls.  Crabtree Valley Mall hasn’t been immune to the decline of in-store retail shopping, with 175,124 square feet of its 1.35 million square feet of rentable space being vacant in the last quarter of 2021, according to TBJ's quarterly SPACE publication. Vacancies have been plaguing malls across the United States over the past two years as the Covid-19 pandemic accelerated the rise of e-commerce.""

I still think this one of the best malls in the area but like Southpark in Charlotte may need to add some uses.  At Southpark apartments and outside retail was added.  Phipps Plaza in Atlanta has added a hotel and office tower.  Anyone buying it will try to reimagine it I am sure.  

Edited by KJHburg
  • Like 4
Link to comment
Share on other sites


  • 4 months later...
Just now, RALNATIVE said:

We're very, very lucky to have a visionary like him in Raleigh.

He is one of the best developers in the southeast and I really mean that.   My vision would be that he would knock Sears over, make the mall open air with new flood control measures, keep the 2 department stores and slap a 20-30 story mixed use high rise over there if not 2 or 3 so I do hope this is true and he buys it.   Flatten most of those existing garages and build new ones with towers on top. 

  • Like 4
Link to comment
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.

×
×
  • 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.