City Starts RFI Process for Multi-Use Development on Fayetteville Street

The city has started the Request for Interest (RFI) process for a new convention center hotel as well as added mixed-use development for properties they own at the southern end of Fayetteville Street. The conceptual rendering above is what could go on these sites as they are currently zoned for up to 40 stories.

A website has been put up with more details so jump right into here if you want more. If not familiar, this would be for the two surface parking lots sitting right in front of the performing arts center.

It looks like there will be negotiations going on all year with developers but the key takeaway here is that a large hotel is needed to serve the convention center. A hotel with 400 or more rooms is key as the large amount in a single building allows for larger conventions. It is preferable to get everyone together rather than spread all over town.

Some highlights from the RFI:

  • Right-of-way is mapped to extend Fayetteville Street through the property creating two sites, each about one acre.
  • The 500,000 square foot Raleigh Convention Center (RCC) and connected 401-room Marriott opened in 2008, and the market has since outgrown the available hotel room block within walking distance.
  • The 2018 JLL Destination Strategic Plan recommends a new 500+ room convention hotel that, when combined with the RCC optimization effort, could generate over 100K new annual room nights.
  • Raleigh’s projected population growth is nearly 70% over the next 25 years.
  • Downtown Raleigh attractions drew 3.4 million visitors in 2018. Visitation to downtown attractions is up by 47% since 2007.

In addition to the convention center hotel, an office mixed-use tower would be desired here. This would also extend Fayetteville Street between Lenoir and South Streets.

This is very exciting to see and hopefully interest is very high for something like this. There’s also a video associated to the effort which is embedded below. (or here on YouTube)

Pic of the Week

Steel is rising out of the ground at the Bloc 83 site. Two Hillsborough is now being built next to the already open One Glenwood. To the left of the photo above is the parking deck that will support the new building. This explains why Boylan has been closed here for awhile.

At the pace that the first building held, Two Hillsborough should be open this time next year. The space between them should also be something special as the website reps it as “Raleigh’s largest urban courtyard.”

Rendering for Downtown’s Home 2 & Tru Hotel

This month, the appearance commission will be discussing a proposed hotel for the corner of Lenoir and Wilmington Streets. Spying the agenda, we see some renderings and floorplans of the new 12-story building. It looks like a combined Hilton-branded Home2 & Tru hotel.

The bottom “half” is basically parking space with the hotel rooms above an amenity floor. The amenity floor is making space for things like an outdoor terrace, pool, fitness area, and conference rooms.

Duda Paine, also known for The Dillon, are the architects on this project. You may have heard of Narsi Properties, the owner and developer, as they have multiple hotel projects around the triangle.

It’s been years in the works on this one it seems so let’s hope for construction soon as downtown has a big need for more hotel rooms.

Park City South project moves forward with rezoning approval

This month, the multi-tower development planned along South Saunders Street, located between downtown Raleigh and Dix Park, took a big step forward. The Raleigh City Council approved the rezoning request required for this large mixed-use project.

A rendering of the development is posted above and you can see more about it over at the architect’s, LoHa architects, website.

The overview presentation and some council discussion, a good watch to get caught up quickly here, is also available to watch.

Pic of the Week

107 West Hargett Street. December 2019.

The expansion of the Lumsden Bros. Building on West Hargett is looking very nice lately and it caught my eye on a cool weekday evening. I think it is looking great and is even more appealing than the renderings we saw early on.

The exterior looks about complete and I’m happy to have that sidewalk back as well.

Recently, FastMed Urgent Care announced plans to move its offices, including over 100 workers, from Clayton to this building. They’ll be taking 25,000 square feet, pretty much the majority of the space, and will be providing an urgent care center on the ground-floor. They want to open in Fall 2020.

Cameron Crest Townhomes coming to St. Mary’s Street

Almost two years ago, we saw plans for townhomes at 416 St. Mary’s Street after the removal of some single-family homes on the site. Not much has happened since. Now, the developer, Edinburgh Development, and sales firm Monarch Realty Co., has announced that Cameron Crest, shown in the rendering above, is up for reservations on the same location.

Jump over to their site for more info.

No doubt the units will be high-end being four-stories, averaging 2,700 square feet, and including a rooftop terrace. Customizations are also possible to add that personal touch.

Construction has officially started so maybe we’ll get a feel for the new homes around this time next year. Like I said in the previous post, it’s great to see townhome “row house” units being built near downtown. It’s a great way to add density as well as give people some space.

Rendering shows off newest Nash Square condo tower

Rendering of The Nexus mixed-use project along McDowell Street

Details have come out about a new condo tower for downtown Raleigh. Part of The Nexus, The Nash will include over 100 condos overlooking Nash Square.

The Nexus is a multi-tower, mixed-use development planned for the former site of The News & Observer. The tower on the left in the rendering above is The Nash and you can see more about it over on their website.

From the press release:

The Nash will offer buyers a variety of floorplans, ranging from one bedroom homes to penthouse suites, and will feature an array of hotel-style amenities, including concierge services, that cater to urban lifestyles.

The architect for The Nash is Elkus Manfredi of Boston.

No word yet on a construction start date but deposits for units will be accepted in 2020. For the zoning geeks in the house, no rezoning is needed on this one.

With The Fairweather currently under construction, the addition of condos in The Nash is a positive sign that condo construction may be making a return to downtown Raleigh.