Yeah it’s actually gonna be Legos. 
I assume they’re just building a 6 over 1 (or 5 over 2) style with a metal/concrete ground floor and wood above. They are building the stairwell/elevator shaft and then will assemble the rest around them. It’s also possible the main floors will be metal studs like they did with the hotel by Bloc 83.
it’s taller than the apartments!!! Height variation!!!
Those are some small hotel rooms.
Ironically I drove by there yesterday but wasn’t able to get a pic. Thank you for your service! 
I may have missed this but on the hotel tracker page I bookmarked, I see this has changed brands. Element would be a first for the Triangle. 
Element by Westin
415 S. Blount St., Raleigh
This 138-room hotel will be located at 415 S. Blount St. in Raleigh.
Status: The project is under construction as of Feb. 2026 with projected opening date in Nov. 2027.
What happened with;
Blount Street Boutique
423 S. Blount St., Raleigh
This 90-room hotel is planned for 423 S. Blount St. in Raleigh will be an independent boutique hotel with a local-leaning ground-floor restaurant and rooftop restaurant and bar.
Status: The project is expected to start June 2026 with projected opening date of June 2028.
We were wondering about that one last week also. Hope it happens cuz it looked cool.
I’d imagine a lot of these hotel projects stalled when the convention center expansion construction pushed back a year. Even this one was originally supposed to start much earlier.
That makes total sense. Why deliver the product before the demand arrives and take the financial hit?
Only reason would be if you expect materials or interest rates to go up, but you could always just buy futures to make sure to lock that in anyways.
Especially since financing is more expensive than it was several years ago, it’s even more of a reason to time delivery of hotel rooms closer together with demand.
I don’t think the Element brand is geared toward convention attendees. It’s an extended stay brand like Residence Inn so while it probably gets some of that market, its target is people staying for long periods of time like consultants. My guess on the delay with this project was changing up the GC because pricing has increased so much and a shift to a higher tier offering from Marriott. I haven’t looked at STR report of downtown in a while, but given the large number of high paying careers, I imagine most business travel to the area is looking for premium brands hence why Westin, Omni, Hotel Indigo, etc instead of brands like Holiday Inn, Sheraton, etc (I’d be willing that in 2030’s, the Hampton Inn on Glenwood will reflag).
I live very close by, so whatever it is, I’m happy to see it! I use Towneplace pretty often. It does the job, but Element is a huge step up.
That makes a lot of sense, especially considering that the Sheraton rebranding on Fayetteville Street.
I’m unfamiliar with STR Reports. Know where I can find the latest one?
STR reports aren’t public, they are used in the hospitality industry to understand rate and occupancy against comp set. Hoteliers order a trend report for new projects and operating hotels use a benchmark one to better understand the market given how much data gets shared.
