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Downtown Raleigh South Entertainment District


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Kane Realty Corp. has requested the  City of Raleigh rezone the site of its proposed Downtown South development to allow for up to 40 stories.  

I would say that with Kane  driving the ship, it will get done. He has a track record in Raleigh of over delivering.

Hi from Columbia. This is extremely impressive!

26 minutes ago, RALNATIVE said:

Kane Realty Corp. has requested the  City of Raleigh rezone the site of its proposed Downtown South development to allow for up to 40 stories.

 

Downtown-South-Rndrg-02.jpg

Downtown-South-Rndrg-01.jpg

Hi from Columbia. This is extremely impressive!

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Since this is a part of town that needs investment and is in a Federal Opportunity Zone the city council should lift ALL height restrictions and let Kane build however high the market will allow.  He should not even need to ask for 40 story height in my opinion.  With the Dominion NCAE project and this one this could double or triple the size of downtown Raleigh and with a metro growing like it is this is needed.  

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1 hour ago, KJHburg said:

Since this is a part of town that needs investment and is in a Federal Opportunity Zone the city council should lift ALL height restrictions and let Kane build however high the market will allow.  He should not even need to ask for 40 story height in my opinion.  With the Dominion NCAE project and this one this could double or triple the size of downtown Raleigh and with a metro growing like it is this is needed.  

I disagree. South, Southeast, and East Raleigh have been three of the areas most concerned about gentrification, and while Kane has a knack for delivering, and delivering well, the thought of a potential North Hills-style development is going to rankle a lot of folks in this area. From an optics perspective, its ironic that this and the NCAE blocks are getting so much attention when right next door is Shaw which can barely afford to stay open. It speaks a lot to the potential tightrope Kane is going to have to walk with a project like this. 

Don't get me wrong, I think even 10% of this project being delivered would be incredible for this area, but it needs to be thoughtful. My only hope is that Kane and the City make a concerted effort to work with these communities to bring a project that enhances these areas, rather than pushed people out.

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Since this is a part of town that needs investment and is in a Federal Opportunity Zone the city council should lift ALL height restrictions and let Kane build however high the market will allow.  He should not even need to ask for 40 story height in my opinion.  With the Dominion NCAE project and this one this could double or triple the size of downtown Raleigh and with a metro growing like it is this is needed.  

Correct me if I'm wrong, but I don't think Raleigh's UDO allows construction over 40-stories.  The city council just de-coupled the maximum height restriction that was tied to the number of stories earlier this year.  Previously a 40-story building could go no higher than 500 feet (which limited the floor-to-floor heights), now a 40-story can be taller in feet.

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On 3/27/2020 at 2:48 PM, The Steel Guy said:

Correct me if I'm wrong, but I don't think Raleigh's UDO allows construction over 40-stories.  The city council just de-coupled the maximum height restriction that was tied to the number of stories earlier this year.  Previously a 40-story building could go no higher than 500 feet (which limited the floor-to-floor heights), now a 40-story can be taller in feet.

I'm thinking their comment was that it woulda been nice if the site had already been zoned up to 40 floors by the City (instead of IX-3).  My guess is he submits for a 'PD' zoning for the whole area with guidelines for various parcels within the district.  (Like the Park City South area and North Hills).  City has been slow uploading the rezoning application to their development site - so the details are unknown.

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