North Hills / Midtown area developments

[Jones_]

Funny, I never drive on the beltline, but I definitely drove on the east bound (south side) lanes today around 2pm, probably about when you took this picture. I was also noticing the Allscripts sign up for the first time. Thats neat!

[InitialD]

[Green_man]

Renderings posted by NewRaleigh on twitter for 28-story tower 4.

[MireLanski]

Cool!  I'm the one who shared this with them from Kane's site!  

[Jones_]

Is tower 4 the one that's not started at all yet or is the one going up next to Allscripts?

[Green_man]

I guess this is technically towers 4 and 5 according to the master plan.  Not started construction yet and likely dependent on a significant corporate relocation to move forward.

[Jones_]

I stay confused because in an earlier map 4 and 5 were noted as 3 and 4 (about page 7 in this thread), and there were 3D renderings to match. It looks like Allscripts is now sitting where there was once just going to be a parking deck....? Blurgh....

Edited December 2, 2016 by Jones_

[MireLanski]

This is just tower 4.  Two towers on one base which essentially makes it one tower.  This just takes up the tower 4 footprint.  Not the tower 5 footprint.    

[Jones_]

Verily, what doth a tower make?

Edited December 2, 2016 by Jones_

[InitialD]

This is a good point though, that this might just be for the Tower 4 plot of land, leaving room for a future Tower 5. I don't remember the details of the Tower 4 plan but it looks like a good bit of the tower includes residential (with the balconies on the taller tower). Has there been any mention of residential components as a part of Tower 4?

[Jones_]

Ah I didn't notice those balconies until you pointed them out! Unlike the Soleil plan at Crabtree, I think NH could actually pull off condo sales in a setup as rendered. Two towers on one parking pedestal. Since it's all technically one building Kane could build the condos and get bank financing for them with no presales if the office part is all preleased...just a side by side version of the PNC tower downtown (this becase banks don't finance spec condos anymore...50% presales, builder cash or other financing required). My musing is moot if its apartments...

[InitialD]

3 hours ago, Jones_ said:

Ah I didn't notice those balconies until you pointed them out! Unlike the Soleil plan at Crabtree, I think NH could actually pull off condo sales in a setup as rendered. Two towers on one parking pedestal. Since it's all technically one building Kane could build the condos and get bank financing for them with no presales if the office part is all preleased...just a side by side version of the PNC tower downtown (this becase banks don't finance spec condos anymore...50% presales, builder cash or other financing required). My musing is moot if its apartments...

Maybe 60 units if each balcony is one unit. You can see the pool just to the right of the tower on top of the parking deck.

[Merthecat]

Wow!  I love how dense this area is becoming . . . and 28 levels?  That would be near 400 ft, would it not?

My only gripe is that it's not going downtown . . .

Edited December 9, 2016 by Merthecat

[InitialD]

I guess we could have just looked at Kane's site rather than guess at residential components:

The 32-story, mixeduse project will feature 12 floors and approximately 305,315 rentable square feet of Class A office space, 20 levels of luxury apartments, a 10-story hotel, streetlevel retail as well as terrace level outdoor dining and many other amenity spaces.

[Green_man]

Site review plan (SR-101-16) submitted to the city for this hotel/residential tower (31 stories, 381 ft tall) & office tower (20 floor, 250 ft) project.   Building takes up entire block to the extended Market St.

[DwnTwnRaleighGuy]

At 381ft, isn't that taller than the PNC building in downtown Raleigh?

[orulz]

7 hours ago, DwnTwnRaleighGuy said:

At 381ft, isn't that taller than the PNC building in downtown Raleigh?

No. PNC is 538' tall so it's not even really close. 381' would make it the fourth tallest building in Raleigh.

[RALNATIVE]

On ‎12‎/‎12‎/‎2016 at 3:36 PM, Green_man said:

Site review plan (SR-101-16) submitted to the city for this hotel/residential tower (31 stories, 381 ft tall) & office tower (20 floor, 250 ft) project.   Building takes up entire block to the extended Market St.

A TBJ article confirmed that the towers will be 31 stories and 20 stories.

[InitialD]

On 12/12/2016 at 3:36 PM, Green_man said:

Site review plan (SR-101-16) submitted to the city for this hotel/residential tower (31 stories, 381 ft tall) & office tower (20 floor, 250 ft) project.   Building takes up entire block to the extended Market St.

Link if you want to look at it: https://www.raleighnc.gov/content/PlanDev/Documents/DevServ/DevPlans/Reviews/2016/SiteReview/SR-101-16.pdf

[Green_man]

Kane was honored as the N&O's Tar Heel of the Year.  They had a mini slideshow with the article and one showed a sneak peak at the North Hills East East expansion plans...

Comparing to the recently submitted master plan zoning application:

• Tracts Q + R and Tract U look like a mid-rise residential buildings with parking decks.
• Tract T and Tract V look like the area's signature towers and are proposed zoned up to 250 feet.

 

[Tenkai]

A couple of pictures of Tower 4 going up in the fog.

Shot from the BoA building.

 

Edited January 11, 2017 by Tenkai
Better pictures

[jtmonk]

32 minutes ago, Tenkai said:

A couple of pictures of Tower 4 going up in the fog.

Shot from the BoA building.

 

That's not Tower 4, that's Park Central.

[Tenkai]

Ha!

I lose track with the announcements and sheer amount of development Kane has going on up here.

[urbanlover568]

Did tower 4 get approved by the city yet? where is it in the process?

[Tenkai]

I was driving down Wake Forest Rd yesterday and noticed a sign at the corner of WF and McNeill for a commercial development.  

What ever happened to this?  http://www.trademarknc.com/properties/archived/kyle/2305 Wake Forest Road Flyer.pdf  

Seems like a not-so-great place to put in some shops right this moment, but I imagine in the near future this could be a decent location.