Phase 1 is the residential tower and a 1/3 of the parking deck.
the rendering from the Triangle Biz Journal this morning. 37 story apartment tower to start in 2025.
The ASR of this one is really informative. I highly suggest delving into it.
It looks like this residential tower tops out just about 400ft from the average grade elevation of its Glenwood Ave. frontage.
It is going to tower above everything since it’s on a bit of a hill from Smoky Hollow and other buildings in the area.
Wells Fargo is also 400ft. Downtown Raleigh skyline will now have the Big 4
Wells Fargo sits about 50 ft higher in topography, but the thinner creamery tower will likely appear taller than it is.
In this render I love how they’re using similar bricks to the actual Creamery building on the office building. I love that detail. Hopefully that gets built too someday.
That’s the kind of really good historic nods Morris Adjmi is known for. Really hoping they don’t value engineer away a lot of his work.
I’m just referring to the current Big 3 (Wells Fargo, BB&… I mean Truist, and PNC tower) - the only 3 towers 400ft or taller in downtown Raleigh. By that metric, we’ll have a Big 5 including The Eastern in North Hills (404ft), but I’m strictly referring to the downtown skyline.
Let’s hope we get some progress on the 36-story Nash tower as well.
Then we’ll actually have a Big 5 allllll downtown
WOW. I think I am going to move to Raleigh. Oh wait. I already live here. LOL>
Wikipedia lists the Eastern as 404 ft, but I am not sure that I believe that number. I’ve never gotten the sense that it was taller than the Wells Fargo Center downtown.
1st review is due 12-10. If you have public portal you can see the reviews for BLDNR-055299-2024. 37 stories
Apparently the Creamery tenants that need to leave have all vacated now, according to my source.
Here’s a current pic for posterity in case this actually takes off.
Odds this actually gets started this year?
I think it will. this tower will take 2 years to complete or so and by that time all the Weld high rise units and Maeve tower will be mostly leased. Apartment starts in Charlotte are down 50% last year but actually if you can get the money it is a good time start given completion dates down the road. Same is true in Raleigh right now rent concessions but in 2 years with less construction rising rents. This is a great project for Raleigh as it is likely to be the tallest building in that lower Glenwood area for years and years.
The original creamery building isn’t being torn down as part of the overall development. The annex piece on the south side of the building will come down, as will the wing to the east with the apartments upstairs.
Is there a specific place on the city of Raleigh website that provides specifically for construction dates/updates?