This seems to confirm 301 has just Pendo as a tenant currently.
3 Likes
Great shot, now if 401 H ever gets built then the view would look better.
4 Likes
Anyone have an update on the status of 401? They still have their posters up
2 Likes
You really are from Atlanta if you asked that questions 
Which came first, the chicken or 401H proposal?
5 Likes
Lol uh oh is it one of those proposals that have been around for years and then one day just disappears?
2 Likes
Yeah donât make any bets on 401H getting built.
2 Likes
Thatâs Raleigh for you!
1 Like
Do a quick search of Opus No2 in Atlanta. Been in limbo for almost a decade now 
1 Like
Not exactly. This one wonât disappear. It just keeps playing with our emotions. The property changed hands within the last couple of years giving us hopeâŚ
6 Likes
This is my biggest fear about Phase II of this project. RVA like Raleigh suffers from a lot of skittish developers. Just because Fallon says theyâre working out a 20 story residential tower doesnât mean theyâre going to build it. Theyâve already rolled back plans once and now we have to âwait a yearâ for permitting and design for the new tower. That parking deck is going to be a huge eyesore for years to come until something gets built next door.
4 Likes
Fortunately thereâs a big difference in the current state of affairs for commercial/office space vs resi. I think the shift was good and I expect weâll see a lot of puck (edit: pick) up in projects between now and when they do get Phase 2 up and going.
5 Likes
I am trying to look on the bright side here. With more people living downtown, coupled with an increased number of professional workers working remotely from home, that means 18 hours of neighborhood activation with foot traffic.
8 Likes
The proposals from out-of-state investors seem to always get built. (Aside from Kane)
Iâve noticed this after watching the cycle over the years of influxes of nice tower proposals and then the process of all but maybe one not canceling plans.
2 Likes
Just a blurb that I pulled out from a TBJ article " In Wake County, the occupancy rate for hotels for the week of March 28 to April 3 was 52.6 percent, according to the Greater Raleigh Convention and Visitors Bureau. Thatâs well below the 70 percent mark hotels would often see this time of year, but better than the occupancy rate of 24.4 percent the countyâs hotels saw at one point last year.
Occupancy rates, of course, are a critical economic indicator. Hotel occupancy delivered $2.1 million in tax revenue for Wake County in February 2020, but only $1.1 million in February 2021."
8 Likes
Thatâs actually a much higher rate than I expected it to be.
3 Likes
Alright. Time to pull back on the fat jokes. If you disagree, DM me.
4 Likes
Note that someone wrote me and gave me advice to include that this site should be âfree of this kind of sexualized humorâ. I donât know if this person knows that it is a lyric from a famous song or not, but if somehow I have offended any of you with my attempt at our humorous âfat buildingâ jokes, I apologize. And now that see it is flagged as inappropriate and now hidden too along with others who commented.
Wow.
9 Likes
