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Residence Inn Downtown


Justin6882

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I was referring to the top 4 or 5 floors that would extend above the parking garage.  Although, I guess this would be pretty minimal.  My worry was that I read somewhere else that the back would be EIFS. 

 

My thought was that, although this is on the West Elevation, I think this would be a cool spot for a huge "Living Wall" similar to the one on One PNC Plaza building in Pittsburgh.

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  • 4 months later...
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NO! As far as I know these are the two oldest warehouses left in the warehouse district. 1880's....the club building (Whiskey Room now I think) was the cotton press building and the southern half (with LGBT Center)of the HQ Raleigh/William Cozart building was a cotton seed storage warehouse. Super cool inside. There was another one just like it immediately west of the press building, that has its northern wall still standing. At anywhere near 6.5 million the buildings would have to come down to make the numbers work. I just thought a replica warehouse looking set of apartments ala the tobacco warehouse apartments in Durham (West Village I think...?) and low key retail  or office in the press building would be a good build out for this site, but the price would need to be like a third of this for that idea to work. 

Here is the building with its prettier older block in the rear (some Italianette Cornice peaking out from behind the asbestos siding even) . Interestingly, the warehouse I mentioned, on the right, still has the original gable end is still visible despite having the second floor added/completed later to square off the roof. The ventilated louvers are bricked in but visible as well (2 of them, that were essentially tall thin-ish windows). 

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  • 3 weeks later...

Yes, and this was raised as a concern when the City and County decided to build the new convention center. But you can also look at it as just the latest in a series of excuses/explanations from the City on why they can't achieve 100% bookings without deep discounts. The fact is, the convention market is incredibly competitive because many other mid-range cities renovated their convention centers or built new ones at the same time Raleigh did. The market just cannot absorb all that capacity. The City has never met its objectives on operating revenues from the convention center. 

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Article from Raleigh Public Record about how our lack of hotel rooms downtown is hindering the CVB from bidding on many conventions.

http://raleighpublicrecord.org/news/2015/02/09/downtown-raleigh-faces-hotel-room-shortage/

The Raleigh "skyline" picture posted at the end of the article is a fantastic marketing scheme. Check out the terrible angle, which makes it look like Raleigh has virtually no buildings.

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200 W Davie is still owned by Raleigh Property Inc which purchased it on Dec. 21, 2012 and consolidated it with an adjacent parcel in 2013. The officers of that company also run CN Hotels in Greensboro. They own or operate ~20 hotels in Florida, the Carolinas, and Virginia. Appears that they have many irons in the fire at present, in the sense of new properties. Best guess... they're busy with other projects and (for whatever reason) the Hilton Garden Inn on Davie St is not at the top of their deal-making list. Or perhaps they are capital-constrained right now.

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I was in Las Vegas last month.  They lots of hotels.  If Raleigh could bring some casinos, problem solve. 

Ready,  I know it must be a downer to wait 3 1/2 years for a hotel to be built,  but still see no action. It is hard to have  a sense of humor when you are looking for a development that does not happen.

 

I know how Donald Trump big development in Charlotte, nothing, but  keeps saying he has interest here. It would better if nothing was said until a developer puts up a fence and starts construction.

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Does Raleigh have a big demand for hotel rooms all week?   .  There has to a large enough demand  from business during the week to get developers want to build a hotel.  If Raleigh wants more hotels it has to get more business to move downtown.  

I read that Raleigh wants more hotels but it looks like it is hard to get one built.  Hope you will see a ground breaking on January 7.  Maybe NCR Hospitality Corp. will Raleigh some hope.

I know hotels can be built now because in Uptown Charlotte just  had the Embassy Suite just finished and 5 more hotels are under construction now.  More to come in 2016 for uptown.

So If the demand is there, a developer will build a hotel in Raleigh and any other city in North Carolina. 

 

 

 

 

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I think the demand may be *more* during the week given that many conferences occur during folks regular work hours. We are not much of a tourist destination so there shouldn't be much if any spike on the weekends, though I'm entirely lacking in actual data on this...

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For some reason I was thinking the second lot that CN just bought on Davie was on the same side block as the HGI, but it's across the street beside the L building. A half acre you'd think it will either try to use the existing deck or build its own, which would make them go taller. I'm guessing something about 10-12 stories?

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