1601 Press Release. Neuse River Brewing owners are opening up a location in the center!!!
Per the news release:
Raleigh, N.C.… The redevelopment of 1601 New Bern Avenue is underway, announced the
leadership of Capitol Commercial, LLC. Scheduled to be completed in late summer 2024, the
redevelopment includes 11,650 square feet of retail and restaurant space, approximately three
minutes from Downtown Raleigh proper. The project is a joint venture among Capitol Commercial,
Carroll Development, and AB Capital Advisors, with financing provided by North State Bank.
Upon completion, the revitalized structure will boast a variety of features, including subdivided suites for up to six tenants ranging from 1,250 to 2,835 square feet, a shared grease trap, a resurfaced parking lot, as well as new plumbing, electrical, and landscaping. Storefronts will be enhanced with new UV-rated glass, and select spaces will offer roll-up garage doors and a 14-foot-wide sidewalk for outdoor seating.
The project is nestled among a series of scheduled redevelopments, including revamping the former Division of Motor Vehicle Headquarters by the City of Raleigh into mixed-use with retail, services, and affordable housing. New Bern Avenue will also be the first corridor for the City of Raleigh’s new Bus Rapid Transit system and plans call for a BRT station in front of 1601 New Bern Avenue.
Neuse River Brewing Company Co-Founders Ryan and Jennifer Kolarov, along with business partner Carl Boyajian, signed the first lease for 1601 New Bern Avenue, where they will introduce a new concept to the Downtown East Raleigh neighborhood. The casual and eclectic gathering space will offer the community a welcoming and lively escape. The menu will include simple yet satisfying bar snacks with a wide selection of beverages and entertainment options.