# 424 S McDowell Street

**URL:** <https://community.dtraleigh.com/t/424-s-mcdowell-street/4860>\
**Category:** The Pub\
**Created:** [October 9, 2026, 11:51am UTC](https://community.dtraleigh.com/t/424-s-mcdowell-street/4860 "2026-10-09T11:51:22Z")\
**Posts on this page:** 9\
**Page:** 1

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**Author:** ![Nickster](https://community.dtraleigh.com/user_avatar/community.dtraleigh.com/nickster/32/8765_2.png) [@Nickster](https://community.dtraleigh.com/u/Nickster)\
**Post date:** [October 9, 2026, 11:51am UTC](https://community.dtraleigh.com/t/424-s-mcdowell-street/4860/1 "2026-10-09T11:51:22Z")

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A property directly across from the current Red Hat/future convention center is for sale. I believe this was upzoned several years back. Would be a prime location for another hotel…

[https://www.bizjournals.com/triangle/news/2026/10/09/downtown-raleigh-site-sale-convention-center.html](https://www.bizjournals.com/triangle/news/2026/10/09/downtown-raleigh-site-sale-convention-center.html)

 ![image](https://d3tmycllq5yp1y.cloudfront.net/original/3X/0/1/010caa795b0950c04ac44dfa48f7b8a4f160b1a8.jpeg)

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**Author:** ![dtraleigh](https://community.dtraleigh.com/user_avatar/community.dtraleigh.com/dtraleigh/32/32735_2.png) [@dtraleigh](https://community.dtraleigh.com/u/dtraleigh)\
**Post date:** [October 9, 2026, 12:08pm UTC](https://community.dtraleigh.com/t/424-s-mcdowell-street/4860/2 "2026-10-09T12:08:40Z")

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424 South McDowell looks like the empty space between Poole’s and the Parking deck. Is that what the article is saying? Can you confirm it?

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**Author:** ![JDenny](https://community.dtraleigh.com/letter_avatar_proxy/v4/letter/j/bbce88/32.png) [@JDenny](https://community.dtraleigh.com/u/JDenny)\
**Post date:** [October 9, 2026, 12:33pm UTC](https://community.dtraleigh.com/t/424-s-mcdowell-street/4860/3 "2026-10-09T12:33:11Z")

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It looks like it’s everything except Poole’s. The quoted below is from the TBJ.

"

The two parcels form a U-shape around the building where [Ashley Christensen’s Poole’s Diner](https://www.bizjournals.com/triangle/news/2025/08/14/pooles-diner-double-horseshoe-counter-christensen.html) is. The property that Poole’s Diner is on is not for sale. Any development would be built around the Poole’s Diner building.

"

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**Author:** ![mike](https://community.dtraleigh.com/user_avatar/community.dtraleigh.com/mike/32/26_2.png) [@mike](https://community.dtraleigh.com/u/mike)\
**Post date:** [October 9, 2026, 12:58pm UTC](https://community.dtraleigh.com/t/424-s-mcdowell-street/4860/4 "2026-10-09T12:58:03Z")

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I feel like this has been listed for a while? Wonder why its news in TBJ all of a sudden.

Concepts shown in the listing:

 ![image](https://d3tmycllq5yp1y.cloudfront.net/original/3X/1/b/1b685ad33e82f228526382ec4c7759e0362e8356.jpeg)

 ![image](https://d3tmycllq5yp1y.cloudfront.net/original/3X/c/d/cd9a00ff0374b7574476c5a30ce7c0369349c4dc.jpeg)

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<div class="post-metadata">

**Author:** ![Spero](https://community.dtraleigh.com/letter_avatar_proxy/v4/letter/s/87869e/32.png) [@Spero](https://community.dtraleigh.com/u/Spero)\
**Post date:** [October 9, 2026, 1:01pm UTC](https://community.dtraleigh.com/t/424-s-mcdowell-street/4860/5 "2026-10-09T13:01:03Z")

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Yeah it’s been hanging around for a while. It was listed by everybody’s favorite CityPlat, don’t know if it’s still the case

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**Author:** ![largesevan](https://community.dtraleigh.com/user_avatar/community.dtraleigh.com/largesevan/32/14449_2.png) [@largesevan](https://community.dtraleigh.com/u/largesevan)\
**Post date:** [October 9, 2026, 5:22pm UTC](https://community.dtraleigh.com/t/424-s-mcdowell-street/4860/6 "2026-10-09T17:22:59Z")

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Summarized the details from the TBJ article:

A 0.41-acre site next to the Raleigh Convention Center has hit the market for $6.25 million, with the owners pitching it to hotel and multifamily developers as activity ramps up around the convention center expansion and Red Hat Amphitheater. The property at 424 and 432 S. McDowell St. is zoned for up to 20 stories, and the listing includes concepts for either an 11-story, 168-room hotel or a 20-story apartment tower with 234 units and ground-floor retail. The parcels wrap around Poole’s Diner, which is not part of the sale, so any future development would have to be built around it. The deal also includes air rights over part of the adjacent Wake County parking deck entrance, giving a future developer some additional flexibility with the site.

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**Author:** ![JLambertMelton](https://community.dtraleigh.com/user_avatar/community.dtraleigh.com/jlambertmelton/32/36982_2.png) [@JLambertMelton](https://community.dtraleigh.com/u/JLambertMelton)\
**Post date:** [October 9, 2026, 9:40pm UTC](https://community.dtraleigh.com/t/424-s-mcdowell-street/4860/7 "2026-10-09T21:40:34Z")

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> [@largesevan](#):
>
> 424

I wish someone would do something with the two massive surface parking lots across the street first.

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**Author:** ![RaleighCam](https://community.dtraleigh.com/user_avatar/community.dtraleigh.com/raleighcam/32/16625_2.png) [@RaleighCam](https://community.dtraleigh.com/u/RaleighCam)\
**Post date:** [October 10, 2026, 1:21am UTC](https://community.dtraleigh.com/t/424-s-mcdowell-street/4860/8 "2026-10-10T01:21:15Z")

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Here in Virginia Beach, we appreciate the QR code parking by license plate. It’s truly a convenience and typically much less expensive than when the deck/lots are doing flat rates for the day ($25,$40,$50 for a day pass).

Its great when you finally park the car up don’t gotta touch a dirty machine to pay for parking, you can just snap a pic and pay as you walk.

Kane is doing the Lords work from my perspective. Go to any major city. Not a single for-profit entity in their right mind would invest millions in parking infrastructure to make $0000 indefinitely.

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<div class="post-metadata">

**Author:** ![OakFolk](https://community.dtraleigh.com/letter_avatar_proxy/v4/letter/o/858c86/32.png) [@OakFolk](https://community.dtraleigh.com/u/OakFolk)\
**Post date:** [October 10, 2026, 3:45am UTC](https://community.dtraleigh.com/t/424-s-mcdowell-street/4860/9 "2026-10-10T03:45:50Z")

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Semi related but I was just in San Antonio and their parking is absolutely insane. Pay to park lots everywhere without an amenity in sight. Street parking is free after 6 but NOT advertised on signs so I parked in a lot with qr code since street parking was full. Started walking towards the spot I chose for dinner while filling out my vehicle/parking info - it was $25 for 1.5 hours. I went back to my car and drove across town to free parking land to spend less than that on dinner and 2 beers. I found all QR parking to have insane rates for the lack of density in offerings there.
