Seems like the city could force some kind of improvement to the Edison lot in order to renew the parking agreement. McLaurin just prints money around here.
I sort of remember when PNC Plaza (originally RBC Plaza) was a parking lot. We traded one for another after the old buildings along Wilmington were torn down. Photo from 2006.
Highwoods Properties CEO is stepping down in September. I wonder how this will affect this property. For reference, 301H plans were derailed when the original developer’s CEO passed away.
Right or wrong I hope it convinces somebody to develop that chunk of property. I’ve never understood why it’s vacant. I just hope they don’t plunk a car dealership on it or something like that.
I walked pass this empty lot again and got depressed. It creates such an odd gap… Looking at google street view it wasn’t even that long ago that it must have been made into an even worse gap
Certainly is a hole we’d like to see filled.
One nig I have on these Skyhouse projects is the lame detached garage.
The dreaded pedestal is better than that. But I think they do them all that way.
sad part is the company that owns it is headquartered in Raleigh and is one of the largest REITs in the nation. But they do have shareholders and ‘spec’ is probably not something shareholders would care for… Highwoods should watch the boston company who is building its tower across from Campbell “on spec” and learn from them perhaps. Highwoods certainly has more cash.
Maybe a long while, because they have to compete against available now, or available in a few months as the tower is getting built, vs won’t be available for 2 years minimum.