I’m pretty sure the office building project was committed to prior to 2020 (COVID) AND they had an anchor tenant. I’m 100% disappointed they pulled out of town and with NO notice. Not that they owe it to anyone. What I don’t get is that we’re a HOT market, especially for housing, so what are they doing wrong internally? I clearly don’t understand development well enough. Let’s just throw Highwoods into this same confusion mix.
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Maybe Kane will buy it, build it, then high gross an out of state real estate company. Use profits to build yet another. Seems to work for him so far.
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We have to hope that Highwoods doesn’t buy the lot. It will sit empty in perpetuity.
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@Boltman per your history, I would prefer you doubt these things so that they actually come to fruition!!! 
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That’s the view of Pendo from my living room!
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Is John lurking in your place somewhere? 
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Yeah, I break in when rgmedd isn’t home. I steal photo ops.
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Unfortunate news; hopefully tech layoffs will be fairly limited in Raleigh generally.
I realize this is off-topic!
When could phase two start construction
Last I heard is Fallon Company is looking to sell the other portion of the land. So probably not anytime soon.
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Yeah but it is being rezoned…
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I love your optimism.
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Rezoning this half of the project would be good - we need some real height variation in this cluster of new buildings.
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I still want to see the other half of this block developed, but at least there’s this while we wait.
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I do enjoy the reflections this building provides. This is not a new statement, but that parking deck screening is the absolute worst.
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It’s really does, hopefully the next building is no parking.
Sir, this is Raleigh. The next building @ 301 Hillsborough will be a 32-story unscreened/raw-concrete parking deck with a 1-and-a-half story wood apartment building on top featuring 200 sq ft micro-units available for the affordable price of $6,000/mo (utilities not included)
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Ahh… Parking at least there scrapping street parking.