My quick read is that the city is requesting RFIs for someone to develop either (1) a hotel and office building, or (2) just a hotel on one or both of the parcels at the foot of Fayetteville Street.
RFIs due at the end of March. The city may select a partner then, or may do an RFP.
The city is also offering up to $30M in infrastructure incentives and may also offer other incentives as allowed by NC law. Apparently this is also in an Opportunity Zone. I knew there was one south of downtown, didn’t think it included this site, and if it does that is crazy.
They are finally getting rid of those god-awful parking lots in front of Meymandi (Duke Energy Center, whichever u prefer)! Much needed and the southern end of our skyline is really filling in!
Looking at the photos provided in the pdf of the Marriott hotel/400 rooms, I really don’t see a 500 room hotel actually being taller. Maybe wider as the tower part on the Marriott doesn’t use up all of there space and could be wider allowing for more rooms? Also, I am waiting to be convinced that the city is really going to “push” for a tall office building as in as much, how much $$$ they can get for the land and use for there new city campus? Not saying that’s wrong as they should be looking out for the city’s budget and how they spend/save for us all!
Also saw in the request they’re looking for an “upper upscale” hotel - so it would be nice to see this be something like a JW Marriott, etc. Timeline is pretty quick, with RFP’s due March 27.
“Below-grade parking spanning both site, including underneath Fayetteville Street, is expected with project development”
So sounds like hotel on one block and office tower on the other - so not quite the height as if they were stacked on one block. But it also sounds like Fayetteville St would be extended to South Street!
A full 40 stories without the height limits of the past would easily become the tallest building in Raleigh, hotel or office. This/these should be Raleigh’s signature towers…
Guess I should’ve read the actual report first. Yea definitely extending Fayetteville St. and also the option for the office tower to be mixed-use so that could add some height.
Somehow I just do not see a 500+ high building on south end of Fayetteville St. Just my gut reaction. A building that tall at that location would likely be nick-named “The Thumb”.
I agree, while the properties are City owned and a great place for big buildings, putting the tallest/signature/skyline defining buildings on the far south end of DRT across from the 3 story performing arts center will make the skyline feel very unbalanced. Stick the tall stuff on the N&O site (oh wait, that is a cluster of 17-20 story buildings) or the Enterprise lot (oh yea, that is in a low spot topographically and has a craptacular hotel planned for it). Oh well. I guess we’ll just have to take what we get. Lopsided and all.
LOL. yes, it is the problem with having not that many tall buildings, and very few spread outside of one area. Fortunately, we are growing so they will fill in. Gotta start somewhere…
I will say, while the Enterprise lot is slated to become one of the biggest jokes/wastes of space in the entire city, the lot immediately next to it (across street from the jail house lmao) is a separate parcel, and thus still holds hope for a signature tower.
Maybe will get something tall and signature quality on the 200 block of Fayetteville that also includes all the fascia of the current buildings or at last match them for ones that do not fit as in the latest tall building in Durham.
Nick - nice to see someone that can understand a point with having to go into lot of detail - chuckls
@scotchmanand@Nickster
I am not concerned about these parcels hosting signature towers. There’s already a density of high rises in the adjacent blocks with BB&T, FNB, and One Progress. Establishing height at the south end of downtown will help strengthen linking the core to projects planned to its west and southwest.
