South Street Area Condos and Townhomes

One would think.

More to the point, our urban forestry is not great and we don’t seem to have the institutional capacity to improve it in a meaningful way. It’s not as if you can’t plant a tree in October and have it survive a Raleigh winter; it’s actually the best time of year to do so. So either those sidewalk tree spaces were just perma-concreted because we don’t have the capacity to enforce street tree regs; they were temporarily concreted (which doesn’t seem like a thing that would exist) because nobody knows when or how to plant trees in an urban environment or cares to find out; or there’s just no requirement for street trees in that location and somebody got tired of pretending.

We should be much better at this than we are.

In case anyone else was curious, I just checked and it seems that half of these units sold (4 out of 8) between May and July, but none since then. Wonder if they will drop the prices?

  • May 10th - $1.3M
  • June 2nd - $1.1M
  • June 12th - $1.3M
  • July 21st - $1.4M
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That’s about the time that @OakCityDylan and @OakCityKarla moved out of the Fairweather across the street. Coincidence? I think not…

I assume the main selling point at those prices was proximity to them. :man_shrugging:

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I bet it’s lack of resources in relation to the workload. The city is responsible for a :poop: ton of trees, but they don’t seem to have a proportional number of people available to deal with them. There’s a city tree across the street from my house that was touching our house. It took three years for the city to come trim it back. I feel like I need to put in another work order now so that they’ll finally come back out when it’s growing into the house again in a year or two.

There is an urban forester, but I think they’re overwhelmed. Although, I have to wonder in get case if the million dollar townhomes of the developer just didn’t feel like dealing with trees and made a bet that they wouldn’t be held accountable for them.

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We tried to keep our departure quiet as to not create a riff in the real estate matrix on the west end. I hope the first 4 aren’t upset!

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Maybe finally something… ASR-0041-2024 submitted today for 2 apartment buildings with first floor retail. Also the project seems to have added two more the plots (the recently renovated Raleigh Architecture Co office bldg)

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And here’s the zoning after some recent rezoning.

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Wonderful news. Thank you for sharing. I live here and have been watching this for 6 years. This is my own hunch, but I fully expect to see change of ownership of these four lots.

Interestingly enough, the land to the south of this (everything minus the small church) recently changed hands too.

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RIP Ice Market. The owners were nice people

The mention of TWO apartment buildings makes me assume they’ll maximize zoning on both plots - one 4-story apartment building and another, larger-footprint 7-story apartment building. Plus the inclusion of more retail along what is already a pretty decent retail destination - I see this as a potential huge win!!!

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I was hoping for it to be a giant eyesore pit forever, but I’ll be okay eventually

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Eyesore pits are the only thing that fits the character of the neighborhood. I’ll be making sure that the city council hears about this.

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They don’t cast shadows.

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Except at the bottom of the pit… All shadows. Spooky!
:ghost:

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this will be this developers 4th iteration at this site.
Townhomes - then pre-covid Lynde, then post-covid Lynde - now apartments. Bunch of hacks ( I am bitter as I placed a 40k deposit for the Lynde and they held onto my money for 10 months before cancelling the project. Chappell said “developer is from NY and decided they did not want to start a project here anymore, they will likely sell to new developer”. Reality is they got deposits on half the units, figured out rentals were going to be more profitable and told us all to pound rocks.

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New rendering of the Apartments. 270 units total:

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And I’ll add the 4 story building. The horseshoe opening will face the other building. So in the image on the left, the top side (northwest – if thinking like a compass) is south street.

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They avoided exposed parking decks by hiding them partly below grade… Rockaway will be jealous.

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Those look like broken donuts.
:doughnut:

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Here’s the site plan. Definitely maximizing the site. 3 retail spaces, all facing South St.

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