Business Expansion in the Triangle


Don’t forget that it folds up into a briefcase.

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Across the street from RUS Bus… Citrix. Been in the news lately for not meeting hiring goals etc, but then now I see an aerial from our fave Lee Tillett. What it mean???

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I saw that too, I’m also curious :face_with_raised_eyebrow:

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I would think it’s so they can lease their building?

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Hiring sluggishness?
With sooo much big deck energy from this location, who wouldn’t want to work / park there…!? :grin:

Yeah it’s all public info that the building is now vacant and they are trying to sublease it, if you follow any of the local cbre guys on linkedin you’ll see them pushing this hard trying to find a new HQ tenant. https://www.axios.com/local/raleigh/2023/06/23/citrix-vacates-raleigh-office-leaving-a-big-hole-to-fill

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Amazon Web Services…………

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Anyone know if this deck was one that was built to withstand more building on top of it? I’d love to see the deck stripped, a 15-story tower building on top of it, then the building and existing deck covered in glass. Actually renovate the bottom floor back to retail spaces, add a couple stories of extra office above the deck, then condos or at least apartments on the top 10 floors.

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Housing would fit well on what is becoming the densest corridor in the city

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You Australian? More chars…

Dogwood State Bank is acquiring Community First Bank (out of SC). This will make Dogwood a $2.2B bank, 9th largest in NC.

Who is the financial capital now, Charlotte?! (this is a joke don’t attack me)

https://www.bizjournals.com/triangle/news/2024/02/01/dogwood-state-bank-buys-community-first-bank.html

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Wow and there’s hope of them building a tower this along first citizens would be nice.

More likely to take up the old First Union tower on Fayetteville Street?

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Amgen is investing more than $1b in its Holly Springs manufacturing facility that’s under construction. Doubling the amount of jobs they initially expected.

https://www.bizjournals.com/triangle/news/2024/12/05/pharma-company-planning-1b-expansion-in-holly-s.html

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I’m not really sure where to put this, and it was the first I had seen of it, so feel free to move if it has been discussed:

In Melton’s 2024 wrap up email, he mentions the city has allocated $1M for PBS North Carolina to move to downtown Raleigh.

Here’s the full blurb: 1. We allocated $1 million for PBS North Carolina to relocate their headquarters to downtown Raleigh. The funds are a Business Investment Grant. Having PBS downtown would be a major boost to the city and provide more opportunities for folks and families. More information will be available about this relocation in the near future.

I think they’re out in RTP in an office park now. Pretty cool update.

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I thought they were based out of ATC in Durham? I may be thinking of NPR.

WUNC radio is based in the American Tobacco Campus. There is no need for them to move from Durham.

which is owned by PBS North Carolina. Just so happens a TV Studio is opening on Fayetteville Street.

I’m sure the right wing nut jobs will take issue with the “liberal PBS” moving into downtown

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i promise you literally no one cares about PBS moving downtown lol. it’s a net positive no matter how you swing it. not everything needs to be politicized…but then again I’m unaffiliated, so what do i know.

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Anyone know if David Crabtree formerly of WRAL is still the CEO of PBS North Carolina?

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