American Tobacco Historic District

[nicholas]

Has anything started construction yet?

[DownEast]

6 hours ago, SydneyCarton said:

I'm not remotely a hipster.  I just find Raleigh to be really disappointing compared to Charlotte.  No one should care.  Many people here in CH tell me that they couldn't live in Charlotte, because it's a "crazy, big city."  Everyone likes different things.

Believe me Sydney. No one cares about your opinion. They're just concerned about your inability write anything besides your "Raleigh sucks" drivel over and over again. Shows your age and It's kind of pathetic. Could you stand to be a tad more creative? At least entertain someone with your nonsense. Jeez.

[SlackJack]

1 hour ago, DownEast said:

Believe me Sydney. No one cares about your opinion. They're just concerned about your inability write anything besides your "Raleigh sucks" drivel over and over again. Shows your age and It's kind of pathetic. Could you stand to be a tad more creative? At least entertain someone with your nonsense. Jeez.

That man (Sidney) has some type of axe to grind against Raleigh for some reason.  My guess is that he is jealous.  And, he is bullied because his name is Sidney. 

[Raleigh Walker]

On 8/30/2022 at 4:42 PM, SydneyCarton said:

I'm not remotely a hipster.  I just find Raleigh to be really disappointing compared to Charlotte.  No one should care.  Many people here in CH tell me that they couldn't live in Charlotte, because it's a "crazy, big city."  Everyone likes different things.

Yeah right lol

On 8/31/2022 at 12:30 AM, SlackJack said:

That man (Sidney) has some type of axe to grind against Raleigh for some reason.  My guess is that he is jealous.  And, he is bullied because his name is Sidney. 

I expect it's jealousy as well. Raleigh is half the size of Charlotte but still "steals" (in Sidney's eyes) a ton of the development from Charlotte.  Charlotte is supposed to be this "crazy, big city" and yet it's just an extraordinarily ordinary XL suburb.

On 8/30/2022 at 9:07 PM, nicholas said:

Has anything started construction yet?

Nothing at all, sadly.

[SydneyCarton]

September 10, 2022

No action, but this site is enormous.

Edited September 10, 2022 by SydneyCarton

[SydneyCarton]

I really look forward to this addition to Durham.

Edited September 14, 2022 by SydneyCarton

[SydneyCarton]

Obviously, this is just my opinion, but Durham pulls a lot of weight for its size and is poised to solidify its spot as the second best city in NC.
 

September 14, 2022

 

 

 

 

 

The old Ford showroom, which is on Hines’ site, is visible from here.

 

 

 

 

 

On the other side of the tracks from the ATC, but nice nonetheless.

 

Edited September 15, 2022 by SydneyCarton

[Phillydog]

When will this start? ??

[SydneyCarton]

11 hours ago, Phillydog said:

When will this start? ??

I have no idea.  

[Raleigh Walker]

15 hours ago, Phillydog said:

When will this start? ??

It has been talked about for a long time, but there has been 0 activity on the ground to support it actually happening any time soon. No equipment, no fencing, no signage, nothing.

[SydneyCarton]

There’s a sign but nothing else.

It will be nice when it finally is built.

Edited September 15, 2022 by SydneyCarton

[SydneyCarton]

Nov 3rd

 

Sep 14th (No fence)

Edited November 12, 2022 by SydneyCarton

[SydneyCarton]

Further fence action suggests that  something may be about to happen…
 

Nov 13th

Edited November 14, 2022 by SydneyCarton

[Phillydog]

19 hours ago, SydneyCarton said:

Further fence action suggests that  something may be about to happen…
 

Nov 13th

I want to believe this is going to be more than the demolition of the existing buildings -- but ---- it is Durham.  (PS I live in Durham)

Edited November 14, 2022 by Phillydog

[SydneyCarton]

5 hours ago, Phillydog said:

I want to believe this is going to be more than the demolition of the existing buildings -- but ---- it is Durham.  (PS I live in Durham)

With the demand for office space in the tech sector collapsing, who knows what will rise here or when.

Edited November 15, 2022 by SydneyCarton

[KJHburg]

from Raleigh Axios today

""Demolition has started on the former University Ford property in downtown Durham, the future site of a planned expansion of the American Tobacco Campus.

Catch up quick: Capitol Broadcasting, which also owns WRAL and the Durham Bulls, bought the auto dealer's 11-acre land in 2016 for $23.8 million.

Capitol partnered with development firm Hines to design plans for the expansion, which will include the first all-timber office tower in the Triangle.
A timeline for the project's completion is still unknown and no tenants have been signed yet.""

still think this will be Google's new home 

[SydneyCarton]

That’s fantastic.

I agree about Google.  Their operations are largely based in the two most expensive areas in the US.   I suspect that they’re eager to invest in NC.

Edited November 22, 2022 by SydneyCarton

[SydneyCarton]

https://amp.newsobserver.com/news/business/real-estate-news/article269137297.html

 

Edited November 29, 2022 by SydneyCarton

[Raleigh Walker]

Looks like they're naming it "Market @ American Tobacco" according to their new site and the banners on the construction fencing.

https://www.t3americantobacco.com/

[SydneyCarton]

https://www.axios.com/local/raleigh/2023/01/03/biggest-developments-in-raleigh-durham-chapel-hill2023

 

Edited January 3 by SydneyCarton

[SydneyCarton]

Nothing appears to be happening.

Jan 23, 2023

Edited yesterday at 02:29 AM by SydneyCarton

[Raleigh Walker]

19 hours ago, SydneyCarton said:

Nothing appears to be happening.

Jan 23, 2023

This is the Triangle. They demo'd the Ford dealership, it will now remain a vacant parking lot for ~18-36 months and after that we might get an update saying construction will start in another 18 months. 

[KJHburg]

1 hour ago, Raleigh Walker said:

This is the Triangle. They demo'd the Ford dealership, it will now remain a vacant parking lot for ~18-36 months and after that we might get an update saying construction will start in another 18 months. 

No it is called office space market upheaval caused by whole exploding work from home environment.  I have no doubt Hines will proceed with this project.  But with escalating construction costs, tenants needing less space all projects have been slowed down.  They are advertising it now on Loopnet which is new.  Google which is subleasing space in the Durham ID building may be slowing down any new space requirements themselves.  Tech firms with a few exceptions are shedding lots of office space across the country right now.  Even Glaxo downsized 90% in the Triangle from their RTP campus to a much much smaller space in the ATC.    However there is a flight to quality where tenants want new space in highly amenitized buildings and this would fit that bill with the retail, residential and office space.   Hines will make it happen in due time.  

https://www.loopnet.com/Listing/602-Willard-St-Durham-NC/25329462/

Here is their marketing video they are stepping up the marketing for sure now.

https://hines.ent.box.com/s/dhlodo4wpqyc5yx3xfcycg0a23ehge48