While I like the idea of more housing here, the jury is still out for me regarding how this gets executed. While I think that it’s easy to make a case for this sort of housing in a walkable urban context, I am not sure how this plays out in a car dependent location like this. It feels weird to me with its organically shaped internal loop driveway and unregimented site plan that is opposite of what one usually sees with urban footprint townhomes. At least they could have planned for the townhouses to face the two streets with a rear yard instead of inverting the whole thing.
I’m guessing the goal is to maintain the almost community feel of the open space? Kinda feels like a mini park for the 17-units and also neighborhood?
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This is truly amazing. I just looked over the siteplan. This should be front page news, and the subdivision should be expedited. This is what missing middle housing looks like. This is how the private sector creates affordable housing. And knowing that this will be going through an 8-12 month subdivision process, this is how zoning and regulations get in the way of affordable housing solutions.
Bravo to Concept 8 for taking the plunge.
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$450k entry level home???
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This proposal is creating 15 houses on a framework that currently only supports one. A portion of the buyers here will be upgrading location and vacating a less expensive home.
“We’d love to sell but we have no where to go”
This helps that problem
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Really interested to see how this roles out! Definitely different than the average stuff we have been seeing. I can’t think of any recent development like this in a wealth Raleigh neighborhood. My personal hopes and dreams for the missing middle changes is that it really helps unlock the super rich neighborhoods like this for incremental increases in density.
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I paid $115K for my house in Garner (4 miles from downtown Raleigh) in 2008. It has tripled that now.
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I paid 300,000 for my house next to PNC in 2013 and it has doubled in value. I don’t know who wants to buy or sell in this weird market, but I’m happy to own a home at this point. Don’t plan on going anywhere but I should put my home on the market for a cool million and see if anyone ever pays it.
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Same! I’m gonna sit on it and buy a beach trailer lol
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ha, we just investigated a beach trailer, sound side, on water. no door. under contract for $360k. Clearly, all about the lot & the view. But the jokes write themselves. Market so hot you don’t even get a front door for under 400k!!
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More from the morning ride. Also, getting out of here was absolute hell. The light doesn’t trigger from bikes and there’s no push button / crosswalk. If the ped bridge isn’t happening, they’ve got to add a crosswalk. The bike lane over the Bridge on Atlantic isn’t very fun either but better than nothing.
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I was hoping you got a picture of the guardrail someone barrelled through the other day.
They went clean through the whole thing and made contact with the second fencing surrounding the property.
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I noticed that. Someone also blew through the light a few weeks back and almost took me out while turning left. Their light had been red at least 10 seconds.
It seems like a typical intersection but I wonder if there’s some sight distance issues or if people just suck.
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This will NOT be “affordable” housing by any stretch of the definition. This is Hayes Barton. This units will all be well north of $1 million….if not $2 million.
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Someone can afford it, so I guess it’s affordable.
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It’s where Hayes Barton retirees will move to when they are sick of taking care of their houses.
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Yeah I get that but it increases the raw number of homes ITB. That’s analogous to Amazon releasing 1,000 new shares at market rate, so those asks must be filled before the underlying stock price increases.
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I hear ya on that, but also consider that the desirability of ITB grows as congestion on the perimeter of the city increases; and even with these new housing options, the demand likely continues to outstrip supply.
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Sounds like we need more cottage court developments like this in SFH neighborhoods!
I suppose so, but I’d rather have more housing ITB with high walkscores. If we can’t get transit fast enough (and we won’t at this rate), I want more people living somewhere with less dependency on cars.
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