Holiday Inn Downtown has bookings until July now (from March just a while ago). I don’t expect this project to start anything soon.
With that it looks like this landmark may as well be preserved…
not a landmark, get rid off it. it has become such an eyesore
City to purchase landmark Holiday Inn and create the largest low-income housing project in Raleigh history sources say
I’m guessing you’re joking, but according to an article just last month, the Kimpton project is still on:
“A spokesperson for the project told Axios the plan is to demolish the building at some point this year and then construction on a new 20-story tower will begin. But the exact timing isn’t final.”
https://www.axios.com/local/raleigh/2024/01/05/delayed-real-estate-projects-raleigh-durham
I had read that, but I would add that the story dated January 5th 2024, was very likely a story put together sometime in 2023. And like the former Creamery project will sit for a very long time… or picked up by another developer, read the City of Raleigh
You and others said the same thing about 400h.
Ok so it’s from 2 month old data then. Unless there’s some news I’m missing, it seems like this is waiting on lower interest rates like everything else. I certainly wouldn’t expect the city, which is trying to sell off and/or develop unused parcels of land it owns, to start buying up currently occupied hotels downtown for tens of millions of dollars, just to turn into affordable housing. Especially when there’s no reason for the current owner to sell, when they have spent a bunch of time and money getting the Kimpton developed. I’d honestly expect things like this to start picking back up by the end of the year.
Why do you believe the Creamery will sit for a very long time? Source or just pessimism?
April 7th is the last day to stay a night
I wonder how much longer after the 7th will the demolition happen?
While the hotel was definitely an identifier of being in downtown Raleigh, I can’t say that I’ll miss it once the nostalgia feelings wear off.
Judging by the comments on Raleigh Magazine’s Instagram, you’re the only one who isn’t dying inside because this ugly old thing is getting torn down. I feel like I’m in a time warp from the last few times this breaking news has been announced. Same outrage and crying, same dumb questions and misstatements that have been addressed already, and same hope from me that it’s actually happening.
I guess we’ll wait and see. My concern is that they stop booking, close down, and then nothing happens.
It was a unique building I’d never been inside. Maybe I should pay a visit.
It wouldn’t think that would happen, for to shut it down and let it sit idle would not make business sense, unless they are taking an operating loss each day they keep it operating.
Well it’s going to be a different owner, right? How many things have we seen vacated or torn down that haven’t turned into the proposed new building?
You should! Go up to the top floor restaurant/bar. I haven’t been up since they started 400H. It’s a cool view (not that great a place though). Even if you just order a Coke, you can still check it out. When I went it was dead inside. I think their theme is Denny’s from the 90s.
BTW, one trip in those scary elevators and walking through the low-ceiling, dreary hallways will make anyone understand why it’s being torn down and not renovated.
Sounds like an awesome idea for the next meetup
I should vlog it. It can’t be that bad I mean are they losing business over it?
Definitely. Except it sounds like it’ll be closed a few days before our April meetup! Could we just drink on the sidewalk outside? Social District or something, right?