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Downtown Raleigh's Future


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1 hour ago, carolina1792 said:

Moore Square redevelopment proposals (property east of Moore Square)

Woah so many great proposals!

https://go.boarddocs.com/nc/raleigh/Board.nsf/files/CL7PCR5EC7E5/%24file/20221115PLANDEVr4MooreSqDevProposalsPresentation.pdf

 

 

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Just to clarify, the City of Raleigh is moving forward to negociate with the Loden proposal:

 

 

loden.jpeg

 

I like the 2nd proposal the best, but will take the Loden proposal.

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When it comes to these proposals and the number of "affordable" units, if those will be  Apts are they required to maintain a certain number of affordable units or over time can they just slowly phase them into whatever they feel the market dictates as people come and go?

23 hours ago, carolina1792 said:

Moore Square redevelopment proposals (property east of Moore Square)

Woah so many great proposals!

https://go.boarddocs.com/nc/raleigh/Board.nsf/files/CL7PCR5EC7E5/%24file/20221115PLANDEVr4MooreSqDevProposalsPresentation.pdf

 

 

Screen Shot 2022-11-15 at 2.57.45 PM.png

Screen Shot 2022-11-15 at 2.58.13 PM.png

Screen Shot 2022-11-15 at 2.58.36 PM.png

Screen Shot 2022-11-15 at 2.58.44 PM.png

 

Just to clarify, the City of Raleigh is moving forward to negociate with the Loden proposal:

 

 

loden.jpeg

Edited by Mike A.
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28 minutes ago, Mike A. said:

When it comes to these proposals and the number of "affordable" units, if those will be  Apts are they required to maintain a certain number of affordable units or over time can they just slowly phase them into whatever they feel the market dictates as people come and go?

Usually they agree to keep the apartments at a certain percentage of the avg. median income by X years usually 20-30 from what I have seen.   They usually have to provide them from day 1 unless otherwise agreed upon in some sort of phased construction of the project.  

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  • 3 weeks later...

20-story apartment tower near the Raleigh Union Station hoping to start construction as soon as all the permitting is approved. Likely mid-Summer 2023. This is the same block as the proposed 20 story office tower by the Bloc 83 developers. 

https://www.bizjournals.com/triangle/news/2022/11/30/20-story-development-glenwood-south-new-plans.html

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2 hours ago, carolina1792 said:

20-story apartment tower near the Raleigh Union Station hoping to start construction as soon as all the permitting is approved. Likely mid-Summer 2023. This is the same block as the proposed 20 story office tower by the Bloc 83 developers. 

https://www.bizjournals.com/triangle/news/2022/11/30/20-story-development-glenwood-south-new-plans.html

Is this the tower that was proposed for Morgan and Boylan or is this adjacent to the south?

Edited by DownEast
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3 hours ago, carolina1792 said:

20-story apartment tower near the Raleigh Union Station hoping to start construction as soon as all the permitting is approved. Likely mid-Summer 2023. This is the same block as the proposed 20 story office tower by the Bloc 83 developers. 

https://www.bizjournals.com/triangle/news/2022/11/30/20-story-development-glenwood-south-new-plans.html

Yay!!! Another 20 story tower in downtown.

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I have seriously lost track of all the developments in Raleigh. The scale is staggering, this city will be absolutely transformed over the next 5-10 years. 

On 10/13/2022 at 4:16 PM, KJHburg said:

here are some color renderings of the Vela  ^^^^^

 

raleigh-exterior-2-vela-longview-jpg.jpg

raleigh-exterior-1-vela-longview_750xx4000-2250-0-207.jpg

This is my favorite of the ones I can keep track of. It looks good and stretches the skyline east a little... right now it has become very lopsided to the west.

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  • 3 weeks later...
9 hours ago, Reverie39 said:

Reno's is more unique but Raleigh's is good too. I like the use of brick. Reno's is kind of a lot to look at.

I like Reno's much better because it would be unique for Raleigh. The current design is, well...blahhhhh.

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  • 2 weeks later...
15 hours ago, NorRalNat said:

Nothing to blow your mind but a sweet angle of the hotel and 301. Taken from the Sheraton parking deck today.

PXL_20230125_161554388.jpg

PXL_20230125_161652986.jpg

Cool angle indeed. Cooler to have RUSBUS tower peeking over its shoulder in the future.  Hotel has a nice presence on that corner as well. 

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Downtown Raleigh Alliance report just came out a week or so ago with the year end stats for downtown Raleigh.  Office market is in pretty good shape but the real growth story is residential which drives everything else really.

https://ctycms.com/nc-raleigh/docs/dra-q4-market-report-2022-final-digital.pdf    here is the report with a lot of year end stats.  RUS Bus tower now Union West is going to really help downtown with so many residential units not to mention its impact on the skyline.  No new office space started in 2022 and only 400H has new office space under construction and it is not really a lot.  

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