Let’s all hope and pray that it is! Thanks for sharing.
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This looks nice, hope it still is. Also glad that Legends found a new home. Seems like it’ll be a good spot!
Also, does anyone know if there are any plans for the huge parking lot in the block below? 329 W Hargett. This really needs redevelopment IMO.
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Hope so. But 28 months old… so maybe doubtful?
Also, CityPlat owns this land?? Ugh, maybe even more doubtful that it will even happen.
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That lot is owned by Highwoods, which has very rough preliminary plans that have been in purgatory since they bought it. Highwoods is very conservative and they don’t do almost any residential. Which is to say don’t hold your breath
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Highwoods just moved its headquarters here. They’re also aggressively renovating the old Wells Fargo building and have filled in the businesses across the street. They’ve also selectively filled many spaces along Fayetteville Street, like the new Sir Walter Coffee joint.
While this has been the case for a long time, it’s no longer the case. They’ve aggressively changed how they’re approaching Raleigh.
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I thought that Highwoods was already HQ’d in Raleigh.
Yeah they were on Highwoods Blvd but moved downtown when they bought the artist formerly known as the Wells Fargo building. So I also hope they’ve changed their general approach given their late investments but we’ll see.
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Is RBC (PNC) Plaza their only new-build in downtown? Ever? 16 years ago… yea I’ll wait to see action before I believe in any new construction from them.
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Going on 17… pretty disappointing that our last tallest building will be 20 years old in just 3. For one of the “fastest growing cities in the US” … that’s abysmal.
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No need for sarcasm quotes, we are one of the fastest growing cities in the US. As a city, we just clearly have very few office workers who are demanding tower real estate or people moving here for big city lifestyles.
The irony is those same people turn around and complain about traffic getting worse and worse.
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Yeah it takes time COVID destroyed office demand, I think highroads is gonna focus more on apartment and mixed use buildings.
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A post was merged into an existing topic: General Retail/Restaurant News
CityPlat? More like CityFlat…
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Does any other city have as many projects stall as Raleigh? I don’t pay attention much to developer news elsewhere and I understand CityPlat is not a trustworthy developer, but all the other projects that have seemed to stall out is concerning.
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More like CityF*ckyou
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That supposed food & beverage concept will never happen either
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Is this their strategy or just a 100% complete fail on project plans for acquired property? I just don’t get it. But I’m also not in that industry or sit at their meetings…
OH I’m sorry, just now it has stalled? Forget the fact that this property was sold years ago at this point lmao. I genuinely wish CityPlat could be banned from buying more properties in this city until they deliver on one, single proposal. Just one. Let’s see if they can even do that haha
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For those that think that CityPlat isn’t doing anything, I’d like to point you to their completed projects page. Click the city of Raleigh
But seriously, these guys aren’t asking for rezoning in good faith. IMO, the city should stop granting them any more rezoning requests until they can prove they’re willing to do something with them.
EDIT: After reading a bit more into this, it looks like you can’t just blacklist a company from the rezoning process. It seems like we’d have to reconsider the process instead. Instead of offering zoning, we should offer conditional zoning with time-bound performance requirements. Is there a reason this isn’t being done now? Apparently, it’s a lever that other cities use.
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