About a year and a half ago, there was news of the potential sale of the block formerly known as Caswell Square (one of Raleigh’s five original parks, of which only Union, Nash, and Moore are left) to a private developer.
Here’s an excellent analysis of the situation in one of @dtraleigh’s blog posts:
This N&O article featured an investment group that wanted to preserve the buildings as medical offices:
The latest on the issue was that the Council of State (before Cooper became governor) put the plan to sell the property on hold for further study.
Personally, I agree with the preservation groups that this square should be returned to parkland, especially given the increasing amount of development in that sector of downtown. It’s a block away from several apartment buildings.
What are your thoughts on the matter? Should it be sold, redeveloped, or preserved?