Guess would be 257 ft based on the previous plans which they don’t seem to be completely scrapping. Almost exactly the height of the Civic Tower (258 ft)
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I swear to god nothing in this city ever comes without at least some form of disappointment lmaooooooooooooooooo
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Does anyone know if the article mentioned a timeline for starting this project?
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Bitter sweet but since we can’t control any of this (historic buildings be damned), I am glad we are getting a few more condos in DTR’s inventory. Now if we could get “The Nash” on the Nexus block as proposed several years ago, we’ll be headed in the right direction!
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Y’all are jumping to conclusions like usual. It does seem like a small number of units for 20 stories doesn’t it? The old Berkeley building just got repainted didn’t it? There was a lot of public pushback about demolishing the Berkeley to fit a parking deck wasn’t there?
So don’t be surprised if the revised plans show a skinnier building adjacent to the Berkeley instead of a wider one requiring its demolition. It seems reasonable that this would be back on the table now, and we haven’t seen the revised site plans yet.
We’re literally looking at the revised plans, right here, right now lmao - and they still include the plans to demo the Berkley building.
Oopsie, shoulda said these are old plans just marked up to match the rendering.
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For comparison, the Paramount in Glenwood South is 10 stories and about the same number of units as this proposal. The smallest condo is a one bedroom in the 700 sf range, but the largest unit is nearly 3000 sf. I think that the Paramount sits on about an acre of land.
Also for comparison, the slab to slab height at the Paramount for most floors is about 10 feet, but it’s 12 feet on the 10th floor. There’s a parapet wall at the roof, but no real architectural crown concealing mechanical.
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for comparison since your condo building you said is same number of units as Nash will be, could you let us know your HOA fee and any other annual or monthly fees you’re required to pay as a resident? I suspect whatever you pay there, this will be more at Nash, by a lot. And with only 40 spaces, they will get snapped up quickly.
I’m legitimately interested in exploring buying here, at least initially that’s my reaction. This *MIGHT be enough to get me living downtown vs driving in.
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I would really like to see them save the Berkeley building. They have already scaled the project down. Why destroy the adjacent building that adds character to this block. But for these developers it’s easiest to demo than to think of something cool outside the box.
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The Paramount might not be a 1:1 comparison of what to expect because we don’t charge maintenance by the square foot but rather by broader categories of how many bedrooms. I have the smallest 2 bedroom but pay the same as units that are nearly double the square footage of mine. I pay in the $600s a month.
It doesn’t give an exact timeline, but says the developer plans to submit the revised site plans to the city by the end of this year and that the tower should be complete in about 2.5 years. Not sure if that’s referencing when it’s actually projected to be completed or that’s just how long the buildout will take once they actually start.
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Can we change the heading of this thread to Nash Street condos?? Instead of Nash Street Apartments?? I mean hey it’s kinda a big deal and worth a little publicity to promote finally getting condos near the Wild West End.
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I’m curious what listing agency they will use for the presales.
I would tweak Raleigh’s UDO to ban buildings in the height range of 10-24 floors. Anything higher or lower is okay.
The “market” just needs some gentle persuasion to give a damn about the way the city looks.
As for this thing? I’d reject it. Since we’re not getting an iconic tower here, now’s as good a time as ever to fix the lot so that the historic properties are protected. Not worth losing two century old buildings for another walmart borg cube.
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And Maeve is ~215 ft and at 45 ft lower elevation. So maybe that would kinda make One Nash Sq look a little bit bigger when viewed from the south?
Consider this scenario, even if it feels like an edge case for most Raleigh residents: Suppose someone owns a $3M, 1,600 SF condo in NYC with $3,000 monthly HOA dues. They sell and move to the Triangle, buying a $2M penthouse condo here and investing the remaining $1M at a 10% return. That’s $100K in annual “travel allowance” enough to visit NYC 10 times a year. With $10K per trip, they could stay in a $1,000-per-night luxury hotel for five nights, fly first class, enjoy fine dining, and take in premium entertainment.
I believe we’ll start to see this trend emerge as a growing segment of high-net-worth individuals begins reallocating their resources and approaching lifestyle and housing decisions more strategically.
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I’m gonna change it to Nash Square Lifestyle Center because that’s Leo’s favorite term.
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First we need to build the $2M penthouse condos.
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Reminds me that when IBM, Nortel, etc were relocating hundreds of people here in the 1980s and 1990s, many of them could not find houses expensive enough to buy. If they didn’t roll over all of the sale price of the house they were leaving behind, they might have to pay capital gains tax. Thus the number of big houses in north Raleigh that were often occupied by a couple whose kids had already moved out.