They still need FDA approval, however. I suppose they are confident they will get it, given the amount of investment they are trying to pull in.
Thatâs typical with biopharm work. You donât wait to get approval, then spend 3 years to design and build a facility to get a product out. You need to have product ready to distribute the day after you get approval. Itâs a big risk, but if you donât take it, you loose out bigly, and your patients loose out too.
I have been involved with multiple large scale biotech projects through my career. At least one that was built and then not used when approval did not come though.
2 Likes
The website suggests theyâre going for clearance, not approval. For people who didnât know, clearance is a cheaper and faster way to get a medical device onto the market than a Pre-Market Approval. This wonât take years, though, since (temporarily during the pandemic) theyâre eligible for fast-tracked approval by Emergency Use Authorization.
A little new info from TBJ on MidTown Exchange along St Albans Drive.
First of the two office towers to start conduction in mid-2021. Hope to have T1 finished in late 2022. Second tower and sky-bridge between them to be built later depending on market.
https://www.bizjournals.com/triangle/news/2020/11/20/dewitt-carolinas-raleigh-midtown-exchange.html
9 Likes
I donât think these newer renderings of Midtown Exchange have been posted here yet. I apologize if I missed them but I did search and didnât see anything.
First, from the Dewitt Carolinas Instagram page, a nifty teaser video (posted 5 days ago)
Now, that video has a very different rendering than their website.
Video:
Website:
I do like the effort on the water feature integration:
Too bad not a DTR project.
21 Likes
Letâs hope they use real grass for the lawn areas, and not the astroturf they use at N. Hills.
10 Likes
Hell yeah, bring it on, going to be a really cool transition between NH and down to Wegmans, this area is on fire with construction
2 Likes
I live near there, and I gotta say, I do miss the trees. Somewhere in these woods was Isaac Hunterâs Tavern.
But that land was in a too prime spot to stay undeveloped for much longer. And I would rather have the NH / Midtown Exchange type development, than some random strip malls or big ox stores and a sea of parking.
14 Likes
Is the occulus sort of a âletâs just build it because we canâ kind of thing? Seems gimmicky. Easy thing to kill when they look to bring down design costs. Skybridge cool, But my understanding is thatâs for a future phase when/if market conditions will support.
2 Likes
Exactly - the second building and skybridge are only if there is enough interest to fill it.
1 Like
I just hope the LED lighting on the exterior stays if anything is taken out of the design
1 Like
Same here, in Quail Hollow. I suspect weâll have more deer roaming our yards. But weâll also have more places to go and our property values will rise.
Hi Neighbor. Iâm in Eastgate, but on the side near Douglas.
1 Like
Figured you were close by.
Cary Towne Center updates based on whatâs been filed with Caryâs permit office. Most of mall has been shuttered, except for the ca. 1979 original part closest to Belk. Remainder of interior mall to shut in early 2021, followed by demolition. Belk and Dave & Busters will remain open.
Phase 1 includes demolition and construction of a street network creating eight city blocks at the middle of the site. The parking lots and outparcel structures around the edges will remain for now. (The town expects to purchase the Circle K, plus some land behind it, by summer 2021, for its future indoor recreation center / mini-arena.)
Phase 1A will give Belk a facelift and add a few liner shops on its south side. Iâm guessing this could open in late 2021.
(Late 2021 is also when Fentonâs first phase opens across the street: liner shops and Wegmanâs in front, and âFenton Main Streetâ behind â 2-3 blocks of mid-rise mixed use, offices & apartments over retail and cinema. Total is 237,447 sq ft of retail + Wegmanâs + cinema, 192,846 sq ft of office, and 355 apartments.)
Phase 2A is two apartment buildings wrapping parking garages; each structure fills one block. Building 9 is more or less where the center of the mall is today (a bit before center court), no retail. (Itâs the lowercase-b shaped building on the site plan.) Building 11D is a triangular block with apartments and ground-floor retail along its north edge; itâs just inside of the JumpStreet (ex-supermarket).
Phase 2B is the core of the retail and public-space area, just east and south of Belk on the old Cary Village Mall footprint, with large âcommunity gathering spaces.â No construction docs viewable online yet.
13 Likes
11 Likes
They are definitely going to town with the razing and grading. This view includes steaming piles of âŚwood chips.
13 Likes
Is the Hub RTP area??