I didn’t do a very good job of depicting the discussion regarding an entertainment venue, and it has led to some conclusions that may or may not be accurate. My apologies. The information provided during the meeting was very limited. Allow me some time to get some clarifications and I will post an update. Thanks.
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No worries, as @keita points out there’s going to be more people in the area. I’m sure some of the information they shared last night will also change as the process moves forward. I’m just also wondering if the market is there to support two venues so close to each other.
I can imagine a future Dream Fest or a different future music festival could utilize multiple venues like this a la Hopscotch.
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Are there city (or other government) funds going toward the Downtown South development?
The only assistance (that Kane hasn’t applied for yet) is Raleigh’s new tax increment financing program (TIF).
TIF subsidies are not appropriated directly from a city’s budget, but the city incurs loss through forgone tax revenue.
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Ok, I was on the presentation and heard a ton of questions about Affordable Housing (intentionally capitalized, this is officially a proper noun these days). I was curious if this was somehow required of this project.
If some city funds were going to the project (via tax credit or otherwise), I could understand including that stipulation.
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Saw the neighborhood meeting pop up on the Wire for this area. Of note, I saw them doing what appeared to be a core sample here (red mark) yesterday evening.
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During a phone conversation with a member of the Kane Realty staff, he told me that they were still in the process of planning the entertainment venue. He stated the venue would be an enclosed building. He also told me that the last Quarterly Meeting was posted on the downtown south website (https://www.visitdowntownsouth.com/quarterly-meeting ), so I was able to watch it again.
Two viewers asked a question about the entertainment venue during the Q&A portion of the meeting. When asked to describe the use of the entertainment venue, Bonner Gaylord replied, “We’re still working on exactly what that’s going to look like. Probably general events, music, open for the public for different purposes”. When asked specifically what will be the initial entertainment venue, Mr. Gaylord replied, “it’s focused on music” and “it’s available for other things. It should be a phenomenal addition to our community if we pull it off the way we’re anticipating”.
So there you have it. At this point in time, the only thing I’m certain of is that I’m not certain of anything as it relates to the venue. As you would expect, they are avoiding releasing too much information before they are ready to release the plans publicly.
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They got wind of MxE trying to poach Live Nation and barged in, I bet. Kane is not going to let anyone else develop a venue like that in this city if he can do it first.
They had some goodies on the slides in there. They provided an updated timeline for the folks who were curious.
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Interesting, really front-loading the hotels.
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City of Raleigh slowly chipping away at the ‘lack’ of downtown hotels one project at a time I suppose. I guess this will make it real convenient for any visiting team playing against NCFC/Carolina Courage.
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City of Raleigh really should make Wilmington Street a walkable avenue with wide sidewalks and zoning to encourage mid-rise development right on Wilmington Street. It’s basically limited access highway at the moment which isolates downtown and downtown south.
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So that thing is getting built? Any idea what type of “entertainment” venue this is?
Plans and funding to do exactly this will be one of the byproducts for the Wilmington St. BRT’s planning/development process.
When the city gets through its current stage of designs and policymaking for that corridor (we would be done with it soon if Garner didn’t wait six months to approve a key step last year), it’s supposed to come out with a “corridor plan”.
This just be just like what they wrote for the Western Blvd. and New Bern Av. corridors, and they should spell out what sideway/bikeway extensions need to be built and where zoning overlays should be enacted.
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In the video Bonner Gaylord does a word salad of saying a lot without saying a whole lot when it comes to that venue. Said some stuff about being a music venue, then says maybe something else, then says it’s a music venue, then I stopped listening.
I think @JWH would be the one to help you with your question. Looks like he’s had some communications with the Kane folks.
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That rendering of the Raleigh Opera House looks wonderful!
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I think someone may have said it earlier, and maybe someone from Kane is listening, but I could totally see something like the Music Factory in CLT being successful there – and needed. Yes most have to drive there, but they get great acts and there is a lot to do (bars, brewery, restaurant, comedy club, two music venues, outdoor volleyball courts, etc. etc.). If I remember correctly, there is even an office park right next to it all.
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This some bullshit i would really love the first 40 stories tall building these other buildings looks so dam small
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We need a Pedro emoji
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