Video of the Week

I’m watching my way through this presentation from Bill King, President and CEO of the Downtown Raleigh Alliance, on the state of downtown, challenges his organization has seen over the past year, and how downtown is coming back as Raleigh gets vaccinated against COVID. My main takeaway is that we are definitely ramping back to pre-pandemic levels as far as food and beverage sales go and pedestrian traffic is ticking up. This is great to see!

Glenwood South is leading the way with weekends being pretty busy. Fayetteville Street is lagging behind as the office crowd has still not quite returned, with around only a quarter of employees being in their offices compared to reports before the pandemic. Surveys and discussions with office managers suggest that office workers will be coming back slowly throughout the Summer and into the Fall. That should help the weekday hours kind of fill in.

It seems very positive and I encourage everyone to listen in.

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