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North Hills / Midtown area developments


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3 hours ago, carolina1792 said:

Updated Midtown Exchange brochure with pretty graphics and new details. 

 

https://mtxone-raleigh.com/wp-content/uploads/2021/05/DWCar_210528_MTX1_EXT_DBrochure.pdf

 

 

Fun to read through. Those MTX 1 & 2 buildings should look siiiiiick especially with that LED strip going down the buildings...and of course the skybridge. The ME site looks like roads are all being finished with soon. Can't wait to start seeing digging and equipment!

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On 1/12/2022 at 5:15 PM, Raleigh Walker said:

Fun to read through. Those MTX 1 & 2 buildings should look siiiiiick especially with that LED strip going down the buildings...and of course the skybridge. The ME site looks like roads are all being finished with soon. Can't wait to start seeing digging and equipment!

Nothing much can be done now, but its really a shame how poorly this thing is connected to the City at-large or even North Hills. Wake Forest and Six Forks are already overwhelmed at the beltline and only parallel options stand a chance of helping. Transit will even barely work on such a horrendous street layout. Too bad because the buildings themselves are really good. Raleigh never, ever planned for this and now is paying the price. 

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8 minutes ago, Jones_ said:

Nothing much can be done now, but its really a shame how poorly this thing is connected to the City at-large or even North Hills. Wake Forest and Six Forks are already overwhelmed at the beltline and only parallel options stand a chance of helping. Transit will even barely work on such a horrendous street layout. Too bad because the buildings themselves are really good. Raleigh never, ever planned for this and now is paying the price. 

How is Raleigh paying the price? The development hasn't even really started.

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On 1/13/2022 at 8:53 PM, RALNATIVE said:

How is Raleigh paying the price? The development hasn't even really started.

I mean paying the price in a general sense. Of the many traffic bottle necks though, the Six Forks area feels like the worst. There is no flow to it at all, and as Dana alluded to below there are plenty of missed connection opportunities. Connecting the Browning/Computer drive area over the belt line to Hardimont, St Albans and Navaho would provide routes within the area without having to use bottle necked Six Forks or Wake Forest. And other dumb stuff like why isn't Dartmouth aligned with Hardimont? Why doesn't Quail Hollow extend to Navaho like its supposed to (the answer there is poor people)? There is some existing ROW to extend Windsor south to Church at North Hills. Nope gotta push 50,000 cars a day past North Hills. It backs up from Millbrook all the way to Lassiter Mill and has been since the late 90's. I am not even a 'build more roads' person, but the roads are neither pedestrian friendly nor car friendly. The mushrooming of this area has included zero improvement to infrastructure. These islands of mixed use are kinda pointless if they are not connected to and mixed with the rest of the city. 

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3 hours ago, carolina1792 said:

The highest priced unit at The Eastern goes for $14,000 a month. @KJHburg How does that compare to the high end in Charlotte? What is the equivalent? 

 

https://theeasternraleigh.com/floorplans/

that is high.  I know there were some over $10K in Charlotte but not many.  I will check around.  

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3 hours ago, carolina1792 said:

The highest priced unit at The Eastern goes for $14,000 a month. @KJHburg How does that compare to the high end in Charlotte? What is the equivalent? 

 

https://theeasternraleigh.com/floorplans/

That is insane!!!

Paying $14K per month in rent? To put this in perspective, that's equivalent to  7 or 8 mortgages on houses with the same sq footage.

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10 hours ago, carolina1792 said:

The highest priced unit at The Eastern goes for $14,000 a month. @KJHburg How does that compare to the high end in Charlotte? What is the equivalent? 

 

https://theeasternraleigh.com/floorplans/

here is a penthouse in the recently completed 33 story Ellis apartment tower in Uptown Charlotte.  It is running less than $9k a month.   Kane is going to have to get some NHL player or recent California or NYC transplant to pay that at the Eastern aka Walter Tower. 

https://theellisuptown.com/floor-plans/floor-plan/c1-highrise/#/unit

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2 hours ago, KJHburg said:

here is a penthouse in the recently completed 33 story Ellis apartment tower in Uptown Charlotte.  It is running less than $9k a month.   Kane is going to have to get some NHL player or recent California or NYC transplant to pay that at the Eastern aka Walter Tower. 

https://theellisuptown.com/floor-plans/floor-plan/c1-highrise/#/unit

Also corporations will lease units for their top executives that they relocate temporarily to the area.

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8 hours ago, RALNATIVE said:

Also corporations will lease units for their top executives that they relocate temporarily to the area.

Yes but I think there is a market for a few of these super expensive rentals if you are building a million dollar plus home you might want something that big and can afford it.  We actually have a few places where there are super expensive rentals all uptown or southend. 

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