I saw today that there is a Pre-Submittal for a tenant up-fit in the 301 building. It would be mostly open office, occupying floors 15-19. So, the building has not been approved by the city yet, but they seem to have a tenant lined up. Interesting.
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Wow! Thatâs fantastic news, and could be Pendo! LOL I had to get that out there.
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Pendo was my first thought as well given their size and current requirements. Also, the open office tells me that itâs likely tech related.
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IS there any way that an approval could have slipped by? This project has been in works so long could be there was an approval a few years back?
I donât believe the project ever got itâs site plan approval. The new iteration is a revision to the original submittal. I believe that they may submit for a building permit soon, but they cannot get one until the site plan is approved. I find it interesting that the up-fit is getting a pre-submmital review. They will eventually have to submit for an actual building permit which I assume that they wonât do until after the building gets one.
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Tech firm Pendo to be the first tenant in new downtown Raleigh tower
https://www.newsobserver.com/news/business/article230984753.html
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Another story:
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This quote made me laugh: âits vivid logo will be visible for many milesâ - hahaha the tower will barely be taller than the Holliday Inn across the street so⌠probably not even visible for a mile let alone âmanyâ hahaha.
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Too short. Too ugly. Too plain. Too tan. Too âŚ
It beats the crap out of the 18 foot dilapidated ruins sitting at 400H and the 4â of asphalt sitting at the current site.
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Oh, Iâm all for this building just to get some density along this busy corridor. I just found the quote funny because itâs a taaaaad hyperbolic.
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Well this is really big news. Redhat, Citrix, and now joining big tech in downtown Raleigh with a named tower is Pendo! Time to start this tower!
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Citrix doesnât have a tower? Unless you are referring to there âparking deck towerââŚlol:wink:
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Is Pendo due for lots of future expansion? There is a lot of hype over 5 floors being taken. Not sure I get the hubub and was wondering if folks who know the tech industry more than me could weigh in. Cheers and thanks.
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They must be planning on it as the article says they will take nearly half the tower which would be about 120,000 sq feet which seems to me like more than 5 floors
I hope itâs a pink beam of light that shoots in to the sky like the Luxor.
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I believe they won a huge contract with the state several months ago which has sparked a good amount of this growth.
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If Pendo follows the model of many tech companies today, the 120,000 ft2 can support about 800 employees. Of course, this depends on their workplace programs, any specialty spaces, etc.
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I think thatâs an exaggeration. The SECU tower is only 17 stories if Iâm not wrongâŚvery prominent tower on the north side of downtown.
Pendo will have an even more prominent impact on that portion of our skyline, definitely visible from the north on 440.
Also, Pendo closed a record setting fund raising round in 2017 and over funded like a whole whole lot.
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SECU is 12! So this is more than 50% taller.
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