I feel like you must go by the park and assume the 25 people you see there are the only ones who use it throughout a ho hum day. There are lots of general activities in the park, from passing a soccer ball, throwing a frisbee or having coffee. Those 25 people you see at 10 am are different than the 50 there at noon or the 45 there at 3pm. Internet says it averages ~2k/day. Nash square you are lucky to see more than 10 people in there at a time. It’s great we have both. One is a calm respite for people to quietly enjoy and pass through the other is a an activity space for people to play. The large open space in Moore square is essential to it being able to fulfill its function.
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It looks like the House of Art owners have given up on the rehab and will instead sell the property. Sad, I really enjoyed their holiday and Christmas themed rooms. Listing for $1.1M
House of Art building destroyed by fire is being sold for $1.1 million :: WRAL.com
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I’ll bet $$ that whoever owns the rest of the lot that is (supposedly) redeveloping a tower there will buy it and that may result in an updated site plan 
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they announced back in june they’d found a new home
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This could be a really interesting site for a slender multifamily building. It’s already zoned for 20 floors, though that site is way too small on its own to go that high. I suspect that they hope it gets gobbled up by another developer who wants to assemble it and adjacent properties.
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Has this been posted/discussed already? It’s news to me: Raleigh's Moore Square Affordable Apartments project scrapped
Bummer.
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Disappointing. Not a good look for our city’s housing department.
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Classic case, wait around too long and then it becomes too expensive.
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There is also some truth to affordable housing costing substantially more than market rate because of numerous factors (not really valid reasons):
https://www.washingtonpost.com/dc-md-va/2025/06/06/these-publicly-funded-homes-poor-cost-12-million-each-develop/ ($62mil for 52 units)
City of Chicago :: DOH Issues $29 Million for Construction of a Multi-Family Housing Site in Humboldt Park ($45mil for 52 units)
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This is why mixed-income housing developments are easier to finance/build.
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I get the politics of it but the city needs to scrap all the affordable housing rigamarole. At this point it seems like it probably restricts more supply than it generates
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The reality is most PE/institutional developers don’t want to touch projects with an affordable housing component. They want a 100% market rate building without even retail. Kane is great in that they build mixed use districts with ground floor retail (but no affordable).
You can very easily make a mixed-income, mixed-use building, but you have to be a long term developer who isn’t look for the easiest path. Dalian’s Exploris site is likely to have 80,000 SF of retail + hundreds of apartments (including affordable).
The city needs to also stop allowing developers to pay a fee in lieu of providing affordable, Seaboard Station should have some affordable units.
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The project collapsed because the city didn’t have clear title to all of the property that they claimed they did. This is all on the city.
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Quite the oversight if true.
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I’m not sure about the truth of this, but it would seem if that was the case they wouldn’t be going back out to try and find another developer for the site.
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There is a process the City can go through to get clear title on the property and, from what I was told, that process is happening now. My understanding is that the developer is waiting for the process to finalize and then they can move forward. They can’t sign a lease for the property if the city cannot legally lease it in the first place. They have spent a lot of money getting to this point. I don’t think that they would pull out unless they felt the project would not move forward. The building was in the permit process when this issue arose. Very late in the game for this to come up.
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I’m not following where the city would extend the option while it cleared title if both parties wanted to move forward.
That is the part that I don’t know. All I know is that the project was put on hold when City finally admitted that there are parcels on that block that they did not have clear title to. This was information they have known about for several years but they thought that they would have it resolved by the time it came to sign the lease. I’m not sure when the developers were actually informed of the issue.
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Man this is some CLASSIC Raleigh shit if I ever heard it 
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20 posts were merged into an existing topic: GoRaleigh Bus Station