It was practically a year ago that we heard that the on-hold Powerhouse Plaza, an 11-story tower with hotel and office space, switched to an apartment project. The rest of 2013 was pretty quiet about this upcoming residential building but now, according to this TBJ article, Grubb properties wants to break ground sometime this Spring.
Snooping around the internets for more information, Cline Design has a rendering of the building that will sit at the northeast corner of West and Jones Streets. Named “The Link at Glenwood,” this project infuses even more residents to Glenwood South. See their rendering below along with description.
This 203-unit, wood-framed, multi-family project is part of Grubb Properties’ Link apartment brand, and located in the vibrant Glenwood South district, a growing urban living community in the heart of Downtown Raleigh. Within walking distance to several shops, restaurants, and clubs, situated on a two-acre infill site, a density of over 101.5 units per acre is achieved with and integrated below and above grade parking deck for approximately 187 cars. Six floors contain a diverse mix of studio, one and two-bedroom units. An integral Clubhouse & Leasing center contains ample space for resident gatherings, a complete fitness center, and a large outdoor pool & terrace area with a summer kitchen pavilion. The architectural design blends contemporary forms with durable, traditional materials such as stone veneer, cementitious siding and stucco, creating a well-balanced transition between the commercial and residential uses on Glenwood, Jones, Harrington, and West Streets as well as the immediate surrounding contextual area. Jones Street will be maintained as a “green street” by providing new tress and pervious paving along portions of the sidewalk. In addition, new trees will be provided along West and Harrington Streets.
*Cline Design – The Link at Glenwood
Maybe a few power lines could stand to be buried, you think?
- Powerhouse Plaza Flips From Hotel and Office to Apartments | January 31, 2014
- Construction Starts on 200 Units at The Link Apartments in Glenwood South | June 1, 2014
- Crash of the Resident Wave, The Link Apartments Dig in on West Street (3/10) | June 24, 2014
Many people complain about the boring design and all that, so I will skip any criticism relating to the architecture. I think it can turn out to be nicer than it looks on the paper/screen. The part that I want to keep is the positive impact that this project will have.
First, another lot will bite the dust. Second, a larger number of residents will call Glenwood South – and downtown – home. They will boost the pedestrian activity and help connecting Glenwood South with other areas of downtown, in addition to the existing population. Third, this project will help us saturate the rental market which unfortunately has become the “target” for many developers who want to make a quick buck.
The latter deserves a little explanation. Developers are in this business to make money and I have no problem with it. Every developer will have some rental properties in his portfolio. Our downtown needs such properties, anyway. However, when prime locations are going to be wasted on such projects – yes, I am talking about The Edison – the last thing I want is to see this market providing many opportunities for cheap buildings. Therefore, I can’t wait to see The Link materialize, although I do hope that the developers consider a few features that will make this project stand out in a positive way.
This might be the most boring building I’ve ever seen. It seems to take a lifetime to get anything thing done around here and when it finally does, it’s usually not worth the wait. Raleigh = boring. “Raleigh the vacuum of creativity”
The prices are what kills me! Where do these 20 somethings get $1,500 a month for a one bedroom or a studio?
Something to consider: Jones Street will eventually be cut-off from Glenwood when the Southeast High-Speed Rail is built.
Good point, Patrick. Let’s hope that there will be some momentum in terms of urban development in this area that will minimize the [negative] impact of the high-speed rail.
Seems like these developers are pushing the structural limits of modern wood frame construction with these 6-story, concrete base buildings. Same is being done by Cameron Village. Hopefully these things hold up over the next few decades. The frames are a far cry from the giant beams used 100 years ago. Today’s cuts look more like match sticks.
I agree with Arthur on the rental rates. All these new downtown apartments are great, but why oh why are they all charging such extraordinarily high rents? I know it’s downtown but still! Who can afford this.
I only hope Ernest is right that the market is saturated but not for the reasons he mentions. I hope it gets saturated so that the prices level off!
You have to think about it from a developer’s standpoint. It’s great that we’re getting so many buildings now but understand that that wouldn’t be happening unless people didn’t think they could make money. They’re going to test the market out before coming down on their rents because there’s a possibility they can make even more money. Obviously, that plan didn’t work well at 927 West Morgan, which I anticipate will be the case at a lot of these newer complexes. Let’s hope.
The problem with west Morgan is it was an extremely cheaply constructed project by some guys from charlotte, the town known for a lack of character.
@RaleighRob: I am afraid that prices will not level off, and if they do, they will remain high. Unfortunately, I didn’t explain my reasons well. I wanted to say that I hope saturation in the rental market happens for this type of cheap looking and overpriced low- and mid-rise developments.
It is my hope that once some decent development takes place, at prices similar to what we have now, the current landlords/property owners will be forced to lower the rent, or at least keep it at the same level for the years to come.
Anyway, more residents in Glenwood South (and downtown, in general) can only be a good thing. Cheap looking buildings exist all over the world, including European countries that we try so hard to copy, sometimes.
Comments are closed.