Recommendation to up the downtown convention center hotel incentive up to $75 million. A hopeful project start date of around FY2025.
One can only assume this means the project is delayed so that in 2025 they can recommend an incentive of $100 million and a construction timeline of FY2029. 
That probably means Iâll start that year which is pretty earlier than I expected.
What are you starting?
I am very curious about the responses the city got to the RFP for this project. I wonder if they were satisfied with them and if we will see some of them (or at least the one they have decided on) now that public funding has been approved.
I think that was 8/19/2022
Everything on that page is dated June 2022 and âŚ
Donât think this is accurate anymore and wasnât it announced it was delayed or shelved?
Yeah, my recollection is that the original RFI was pre-COVID and got scrapped. Then last year they released a new RFI and received responses. Earlier this year it was confirmed that the City was evaluating the responses, but we have not heard news since then. It would be very nice to get an update on this. Are they negotiating with one or more of the groups who responded, or are they unsatisfied w/ the responses?
Maybe someone will propose a giant free parking garage?
Build it and they will come. Customers from other places! Raleigh needs more amenities to charge for parking. Get people first then build more stuff create demand then gouge then .
The original incentive was $35 million. Now that it has been updated to $75 million incentive I interpret that to mean there is no proposals submitted that meet the need of a 500 room hotel.
Maybe the now funded CC expansion will give a developer confidence to submit a proposal.
The city council at Tuesdayâs meeting September 19th will discuss spending $400,000 to start negotiate with a developer that has put in a bid for this 500 room project.
I really hope that a lot of housing will be included 
I hope next level design is included like those renderings were. I would like to see wood toned buildings and I hope theyâre 40 stories both towers. I hope this bidder is from Asia like Hong Kong or Singapore where their perfect design. I want this to be an eye-catcher appealing a city landmark.
That would make for a very happy 919 day
Thanks for the heads-up @nipper.dwight. City staff will present to the city council their recommendation for a developer for the hotel. So glad this project is moving forward!
http://go.boarddocs.com/nc/raleigh/Board.nsf/goto?open&id=CVESY8740D85
$400K to negotiate the contract with the chosen developer, then it comes back for approval to proceed⌠
So theyâve already negotiated already.
Apparently, a developer is proposing a Omni Hotel. Posting a link to some slides that will be presented to the City Council at this afternoonâs meeting, which should be starting momentarily. A few renderings but no mention of height or number of rooms. https://go.boarddocs.com/nc/raleigh/Board.nsf/files/CVTLM9527F48/$file/20230919RCCConventionHotelDevelopmentRecommentationStaffPresentation.pdf
Hard to tell much from that small rendering, but seems a little boring. Omni brand would be great though.
Whoa, thatâs a great brand. Between that and the Kimpton, weâre seriously upleveling DTR lodging options.
