Peace Street Condos

You can really notice the presence when you’re sitting upstairs at the Raleigh Beer Garden. Same with the Smoky Hollow development. Albeit when I saw it over the summer it was still green and not beigy now so it REALLY stood out :laughing:

I almost wanna place a bet that the Starbucks next door will move into one of these spots within the next year, and then the Starbucks lot goes up for sale. I will start the bet at 1 dollar :triumph:

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Nah, that Starbucks attracts the commute crowd in the morning even with no drive thru. They would be dumb to move. Bizzzzzzzzznuss cut in half or more .

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Hmmmm idk, the amount of $$ they could get for the land alone would probably be worth it. Sitting on that lot forever certainly won’t be profitable in the long run.

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That Starbucks seems very successful where it is.

The retail space at 615 Peace… 2,200 sf, roughly the same size as their current building. Also fun fact… their current lot is 0.32 ac. Lot size of 615 Peace… 0.32 ac.

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That’s what I’m sayyyyyyyin’ ! It’d be such an easy lateral move for them, and then they could profit like gangbusters from selling their current lot

They might sell it but will not move next door. Move to seaboard station would work better for them. Seaboard could be the chain restaurant place. Urban Olive Garden. Destination for the masses .

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I think Hoffman’s shooting for a more upmarket development there, which makes sense with the apartment prices they’re asking and getting, and being a pleasant walk from big parts of Oakwood and Mordecai if you’re not a huge wimp. Think more like Cava for lunch, or some nice regional group for dinner options.

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It looks so much better without the power lines

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Oh good call… pretty false advertising on that render LMAO

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Chains can pay the high rents. Can only get so many Oakwood stroller pushers for $10 craaaft beers. They have to walk by 5 other places like that on the way first.

Seaboard will have better traffic management. People are willing to break traffic laws to drive to the Starbucks on Peace Street.

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That starbucks would make a killin’ if it moved into that retail space in Peace Apartments (SmoHo phase 1) on the corner just as you’re getting off of Capital

Here is the official rendering:

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But the rent is probably $20,000 a month. That’s a lot of crappucinos to sell…

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This is actually a leased spot, unfortunately there will be no Starbucks there. It’s where Heat Studios is moving into once they get kicked out of their current space.

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I’m looking forward to Raleigh’s future with dense buildings and everyone just driving from one to the other and to the others. Let’s get rid of the sidewalks and convert them all to parking since everyone is going to arrive everywhere by car. :smirk:

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Anyone know what’s up with these condos? They seem close to done, but work seems to have heavily stalled

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The builder has run into everyone’s favorite thing to put blame on…supply chain issues, specifically electrical components. They are currently scheduled to be completed sometime this summer.

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It’s insane that these things aren’t done yet.

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Tell me about it, I signed my contract in Sept. 2020. Ready for it to finish up…

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