Southeast Raleigh is already going to be gentrified regardless of DS.
This is what I was saying about this supposed group “onewake” a while back. Trying to mandate a minimum wage?!! WTF?!!! They clearly forget they don’t own any of this property yet they think they can dictate s##% that is economically insane.
The best part is resorting to name calling and tossing false innuendo…this is what you do when you don’t have facts and a logical argument.
We saw this for the last 4 years at a national level.
Amen. Why do people think Kane owes Raleigh? He has been one of the very few consistent transformative figures in our city’s recent history. He’s in it for the long haul. Who gives a damn about his politics (why why why does this have to be brought into this?). Yes, his balance sheet is better because of Raleigh. BUT, Raleigh is a much better place because of him.
JP Morgan believes in him enough to loan him a $hit ton for his JC Penny endeavor. We ought to thank our lucky stars to have that kind of credibility around here!
And possibly with his building he could help us lure MLB Major League Baseball, with the help of a dedicated owner and his amazing designer credentials that he got a major company to loan him money for a store is great!!! And that automatic corporate support!!!
The reality is that south and southeast Raleigh are being gentrified, mostly by one small parcel at a time. What I suspect is happening here is that OneWake sees an opportunity to push something big at DTS, where it’s impossible to do so one small gentrified parcel at a time. While I support what OneWake is trying to accomplish as an admirable end-game, I think that it’s arguably unfair to hang the solution to a much more systemic and broad issue around the necks of one massive project. Will DTS increase property values around south and southeast Raleigh? Absolutely. Will the values of land in south and southeast Raleigh increase if DTS doesn’t happen? Absolutely! It’s already happening all around the area with each half million dollar home that gets built on those tiny neighborhood lots.
IMO, this issue requires a city response and possibly fees associated with all development that will fund more comprehensive solutions to the affordable housing problem.
We just voted for a humongous bond to tax ourselves and pay for affordable housing. This is BS, next it will be surcharge when you go and get a haircut, this will have an impact on future growth, guarantee it.
No, that’s what makes this more abstract, and harder for people to understand.
It’s one thing if people were being kicked out of their homes because their house is being bulldozed by Kane’s project. But gentrification is systemic; it’s indirect and abstract. You can’t draw a straight line to make a cause-and-effect relationship, but that doesn’t make the unintended possible consequences of DTS any less real.
Sounds like several of us on here need to gather together and form TWO Wake. Raise some funds, release an economic impact study about how development creates a ripple effect of prosperity through the local economy from engineering firms, construction workers, environmental impact study firms, to the eventual janitor and maintenance manager jobs that will be created and increased tax value for the city, which at the aggregate benefits more people than it harms! Use the housing bond to build AH stock nearby on upzoned land!
I like the green space, but why aren’t they putting more buildings next to the stadium itself? That’s prime real estate for restaurants/bars, they’d feed off foot traffic from the events happening at the stadium.
Kane has got a very tough needle to thread here, but I tend to agree that orgs like ONE Wake should be focusing their efforts on the redevelopment happening to existing neighborhoods rather than what is essentially vacant land. And don’t be surprised if NIMBY groups like Livable Raleigh are indeed behind this. It’s a strange dynamic where wealthy homeowners and rose emoji socialists are teaming up to prevent almost any type of new development, but that’s what is happening. Pretty sure the leftists are too naive to realize that as soon as some public housing is proposed, groups like Livable will turn on them with 100x the fury they’re using on Kane and Downtown South.
I wish organizations like one wake would take my advice and start a southeast Raleigh investment fund and start actually investing back into the community.
If Kane can provide a master plan with approximately this much detail for the other parts of the rezoning (West of S Saunders, and south of I-40) then from my perspective, we’re on the right track.
I tend to go back and forth in my head about what to do / think about gentrification. In the end, I have a hard time faulting a developer for this. He is not tearing down a single home to build this. I believe that housing costs are driven, first and foremost, by market forces.
If Kane were to build 20,000 apartments here, and they’re literally all high-end luxury units, then that is definitely going to force down the rent at other apartment buildings that were maybe built 10 or 20 years ago as luxury buildings but are starting to show some age.
Gentrification is a much bigger issue in an environment of constrained development - and Downtown South is a great opportunty to take some land that is, in my opinion, inevitably, extremely valuable and headed for the stratosphere, and build in a very UNconstrained way.
I just want Kane to commit to a proper urban street grid and good urban forrm. That’s something that is tremendously important, and we have one shot to get it right. But that’s basically it in terms of demands from me. North Hills West didn’t really do this very well, and I didn’t like that part of it. North Hills East did better, but still not great. So far, what he’s shown for this part of Downtown South looks great to me. Do the rest in the same way, and I’m all for it.
Unfortunately, these guys probably don’t care about investing in the community so much as they care about stopping new development. They’re just using concerns about gentrification as a cover for NIMBYism. I could be wrong, but if I am, then there’s a lot of other streets they should be looking at right now that are actively being gentrified instead of this empty plot of land.
Without doubt, it’s easier to attempt to tie a cinder block around the neck of Kane / DTS than it is to face the reality that the march of gentrification of this area has been coming for a decade or two at minimum…
Society always shouts loudest at the larger manifestations of things as the nuance is more often than not, lost or ignored until it’s essentially too late. I’d rather see the city HAVE a plan rather than pitting citizens against developers to figure these things out. I also think bringing the idea / ask of public funds into this thing likely opened Kane up to MORE expectation to achieve beyond simple economics of a given development - and that’s their (Kane, Malik, DTS , et al) ‘right’ to attempt to achieve and their ‘cost’ to absorb…Now, here we are. I just say don’t double tax me to both build out DTS and somehow make it ‘affordable’ and I repeat that ‘affordable housing’ must be a strategy from the top down to address market forces that are consistently working against those in its crosshairs.
While I do agree with most of what you say here, I don’t think that it helps us/you/or your case when we knock others with different political leanings than yourself. (i.e. socialist, leftists) I think that you could make a better case with leaving out the impression that they are less then…Just my two cents
