FYI, the Durham City Center old storefront facades were not salvaged. However they were completely rebuilt to match the old storefronts and they look amazing! (and probably better than if they had tried to salvage and work around the old facades)
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Nice.
However, a correction: Kane owns The L.
If you really think about it, historic rehabs are becoming harder to find forcing more creative (and frankly larger) uses in the ones we do have.
Unless Empire wants to become a landlord only in the future, they might want to start branching out into some new construction projects also.
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Kane does? When did this take place?
I honestly think One City Center is a top 5 building in the Triangle, and I wish it was built downtown. I love the buildings going up in Durham right now.
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Thatâs because Durham has it going on! They are making moves and doing a great job!
Dunno. Iâve lived there more than a year and itâs always been Kane.
Thanks for this photo. The way the tower steps back at that âhistoricâ storefronts is the perfect solution for Raleighâs expansion in order to retain the charming sidewalk experience in key areas.
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Austin Lawerance Partners is a pretty cool builder. They also did the Jack Tar Hotel reno, and are going to break ground on 5 points towers in Durham in 2020.
I wish they would build in Raleigh.
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This is incorrect. It is Empire, though possibly some partnership.
Empire is located at 133 Fayetteville St, the ownerâs address listed on the card.
Interesting joe. I was so convinced that Greg Hatem built the L that I searched the property records. According to iMaps and the Register of Deeds, the owner is Concord-Empire Davie Street LLC. Gregg Hatem is the Manager of that LLC. Could Kane be the property manager? The only reason I delved into this is because I was unaware Kane managed property for which he did not own or previously owned. Iâm curious. The Wells Fargo tower is being sold and Kane is taking over as the property manager. The buyer has not been revealed. My suspicion was that Kane was buying the tower, but now Iâm not so sure.
So youâre right. Concord-Empire is listed as the âlessorâ on the lease.
However, itâs managed by Kane.
Kane isnât buying the Wells Fargo tower, some RE Investor group form NY is, but they will the property manager. This does appear to be new space for Kane, managing properties that they do not own, but it would help them assemble large swaths of space for major corporate relocationsâŚ
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The Deep South space and the spaces flanking Fiction Kitchen have all been boarded up and work seems to have started demoing the interiors. Mad Ethelâs moved halfway up the block next to Madabolic (I sense a âmadâ theme happening).
Does anyone know what Empire has planned?
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I wanted to post this exact question to the community and found your post. Any update on that block? Definitely some interior renovations happening
Just a quick note fo confirmation. I drove by really early this morning and saw some significant interior work happening in the old Deep South and Mad Ethelâs space. Would love to know whatâs next here.
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I still havenât heard anything. My best guess would be more office space similar to the rest of that block.