In December 2018, it was announced that a developer had been selected to buy parts of Seaboard Station from the owner, William Peace University. Plans for new development are underway including apartments, hotel space, and more retail.
From the press release:
PN Hoffman, the developer of premier urban communities across the Washington Metropolitan Area including the $2.5 billion Washington, DC, waterfront neighborhood The Wharf, along with William Peace University and TradeMark Properties today announced PN Hoffman’s purchase of Seaboard Station in the north end of downtown Raleigh. The expansive $250 million
projectwill be built in three phases and consist of approximately 800,000 square feet of mixed-use space at full build-out.
Additional details include:see Press Release
Approximately 650 Apartments
Approximately 150 Hotel keys
Approximately 90,000 square feet of new retail space and a total of 135,000 SF of retail space at full build-out
With this news, Seaboard Station has the potential to really break out from just a destination but into a district with its own personality. I thought this would be a good time to walk around and grab some photos of the area.
If you are not familiar, Seaboard Station consists of a hodge-podge of brick buildings from the 1950s and 1960s with Peace Street acting
With the buildings built slowly over time, it’s doubtful that a master plan for the area ever existed so we have a frankenstein-esque retail area that represents the car-centric era that it was built. With a stagnating downtown in the 60s, you can see that no real urban feel exists in Seaboard Station with the development at that time.
Bolstered by downtown’s growth and
The one-story buildings dominate the landscape here with streets that are awkward to navigate and parking plentiful. There’s no real public space and even gravel parking lots sit empty giving the area a dull, uninteresting feel at t
It’s best to just drive in, get what you want and leave.
The potential here though is that all this space can be used for wide sidewalks and plazas. Building upward is almost mandatory.
Indeed, the new owners have announced that the first phase of the development will include a hotel. Hotel visitors will want to be able to walk to places so anything nearby within Seaboard Station would be highly considered.
In the future, as Peace Street gets its road diet and Smokey Hollow continues to extend Glenwood South closer to Seaboard Station, Peace Street might become a destination street linking both areas together.
We’re following Seaboard Station in-depth over on the Community so come join the conversation.
- Seaboard Station Plans for new Apartments and Hotel | July 22, 2019
- Seaboard Station Block B Plans Show more Mixed-Use, Underground Parking | September 3, 2020
- A Walk Up Peace Street | September 21, 2017