Pic of the Week

The Ware townhomes under construction

These townhouses along Chavis Way are starting to rise up. This project, called The Ware, is located next to Transfer Company, a renovation of Stone’s Warehouse into a food hall and grocery.

In addition to the photo, I have a surround shot embedded below. This is the corner of Chavis Way and Davie Street. If you are reading through email or RSS, click through to the blog to see it.

The Fairweather Announces High-End Condos at 522 Harrington Street

Rendering of interior unit, The Fairweather

Rendering courtesy of Monarch Realty

A project that I highlighted here on the blog back in November 2016 is now in the presale phase. The Fairweather will be a five-story condo building with 45 total units. The location is in between downtown Raleigh and the future Dix Park. See it on Google maps here.

Site Plan map of 522 South Harrington

Location of The Fairweather according to its site plan.

From the press release:

Slated to open in early 2019, The Fairweather features five stories with approximately 45 units, ranging from 838 to 2,645 square feet. The first four floors showcase one, two and three bedroom units starting in the upper $300s to the $600s, while the fifth floor offers penthouse suites for $700 to $1 million. Located at the corner of S. Harrington, Lenoir and S. West streets, The Fairweather sits on a hilltop that affords owners views in every direction of Raleigh’s skyline. The development also offers immediate walking distance to landmarks, such as Dorothea Dix Park, the new Raleigh Union Station and the Warehouse District’s upscale restaurants.

Rendering of interior unit, The Fairweather

Rendering courtesy of Monarch Realty

New-construction condos haven’t been seen in downtown Raleigh in awhile so it may make sense that high-end units come first. I’ve been told this will be somewhat of a more distinctive building compared to what we’ve been used to in the apartment scene.

The exterior renderings will be most interesting to see.

Corner of West and Lenoir Street, October 2017.

Corner of West and Lenoir Street, October 2017

A Walk Up Peace Street

Peace Street, September 2017

Peace Street, September 2017

Warning! (or treat!) This will be an image-heavy post.

I had the pleasure of taking a walk up Peace Street recently, during rush hour, to witness all the demolition and work taking place around the Capital Boulevard bridge. We’ve all been following the work in this area for awhile but when you walk it, it’s truly at another level.

I’ll write a little and then let the photos do the talking.

The Capital Boulevard work is really in full swing here as clearing for the new bridge over Peace Street takes place. Buildings have been demolished and old foundations chipped away to make way for the Square Loop.

At this time, construction fencing is up around the Smokey Hollow site. Even more demolition should be taking place in the coming weeks for the 12-story mixed-use project.

In the pipeline also is the West Peace Street Streetscape project, adding more chaos to the street in the future.

It’s a swarm of development in such a short amount of time. The end of 2019 should see all the street work wrap up for us to enjoy it.

I’m starting to think that the state’s Capital Boulevard project would be this decade’s most impactful public-funded project taking place in downtown Raleigh. (Fayetteville Street being the clear winner in the 2000s) I wanted it to be Union Station but so much is going on here that I think this edges it out.

Peace Street, September 2017

Peace Street, September 2017. The former Fairway Advertising.

Peace Street, September 2017

Peace Street, September 2017.

Peace Street, September 2017

Peace Street, September 2017.

Peace Street, September 2017

Peace Street, September 2017. The former Finch’s restaurant.

Peace Street, September 2017

Peace Street, September 2017.

Peace Street, September 2017

Peace Street, September 2017.

Peace Street, September 2017

Peace Street, September 2017. Construction fencing around Smokey Hollow.

Peace Street, September 2017

West Street, September 2017. Construction fencing around Smokey Hollow.

Peace Street, September 2017

West Street, September 2017. Construction fencing around Smokey Hollow.

Peace Street, September 2017

Johnson and Harrington Street, September 2017. Construction fencing around Smokey Hollow and future Johnson Street connector.

Capital Boulevard area, September 2017

Capital Boulevard area, September 2017. Clearing of buildings for the square loop.

Capital Boulevard area, September 2017

Capital Boulevard area, September 2017. Clearing of buildings for the square loop.

Capital Boulevard area, September 2017

Capital Boulevard area, September 2017. Clearing of buildings for the square loop.

Capital Boulevard area, September 2017

Capital Boulevard area, September 2017. Clearing of buildings for the square loop.

New Upfit Activities in the Moore Square Historic District

Rendering for new storefront at 211 South Wilmington

Rendering for new storefront at 211 South Wilmington

There’s work taking place in the Moore Square Historic District that may see new life in older buildings.

Currently under review by the Raleigh Historic Development Commission is a new storefront for 211 South Wilmington. The building will be upfit with a new storefront that aims to maintain the scale of the district but with modern character. The plans, 128-17-CA, mention a two-story noodle bar for this space.

With the building being in a historic district yet featuring no major architectural features (from my unskilled eye anyway) I can’t see any major controversy here.

For reference, here are the row of buildings today.

211 South Wilmington, September 2017

211 South Wilmington, September 2017

It’s a shame that 211 South Wilmington didn’t maintain its facade from the 1960s. The story of this building and the tenants that have cycled through would make a great follow-up.

211 South Wilmington, early 1960s

Around the corner at 107 East Martin, could something finally be moving in? This spot has been an empty shell since Raleigh Printing closed. (moved?) If anyone can remember when that happened, let me know but I want to say it was at least 10 years ago.

107 East Martin Street, September 2017

I’m happy to see some of the older buildings getting new life as these add diversity to our urban environment and play a huge role in keeping downtown more interesting.

The Apartment Mid-rise Boom is Fading in Downtown Raleigh

The Dillon Apartments on Hargett Street

It hit me recently during a conversation in a downtown coffee shop that The Metropolitan apartments would have seen residents moving in this month. If you don’t know the history, the project, while under construction, met an unfortunate fate and went up in flames in March of this year.

The developers plan to rebuild and the site is currently being cleared.

If it wasn’t for the fire delaying the delivery of The Metropolitan, we could easily see the end to the multi-unit, mid-rise apartment product line in downtown Raleigh. At least for the foreseeable future.

Site of The Metropolitan Apartments fire site.

Site of The Metropolitan Apartments fire site

Barring any new project announcements, the apartment pipeline would have ended with The Dillon opening in 2018. Taking a look at the latest list of projects released by the Downtown Raleigh Alliance, we can see that there are no planned projects similar to these.

To be clear, I’m referring to the 5-7 story, wood-construction buildings with a larger footprint. Typically to make these work, developers have had to acquire multiple properties and combine them.

That’s not to say the residential projects aren’t flowing. The product is just changing.

Smokey Hollow plans to bring 445 residential units in a 12-story building on Peace Street. FNB Tower will mix up office and 247 residential units across 22 stories. 400H will also mix office and 220 units in a 20-story building. Details are still light on 301 Hillsborough but with a similar style to the other projects there’s no reason to guess that more residential units could be included.

That’s 900 units across three projects right there.

Rendering of 400H

Most recent rendering of 400H

The other side of the picture is the rise in townhome projects. These are adding infill to the periphery of downtown. Currently under construction, we have:

  • The Saint – 17 units
  • Hargett Place – 19 units
  • 10 Arros – 10 units
  • West + Lenoir – 12 units
  • 611 West South – 42 units
  • The Ware – 15 units

115 townhomes are in the works and more are in the planning stages.

Perhaps we’re at a point where combining multiple parcels for large footprint developments isn’t economically feasible for mid-rise buildings. There could be other changes in the market that are affecting this. Downtown could also be much more livable than before, enticing buyers to purchase units than rent.

Maybe there is a hold on projects as plans for a downtown soccer stadium and big infrastructure changes to Capital Boulevard need to pan out for developers to pitch new projects.

You could look at it from a lot of angles. It’s certainly a great topic to discuss.

Checking in on The Saint townhomes

Construction underway at The Saint

Construction underway at The Saint

Construction for 17 new townhomes is underway along St. Mary’s Street between Jones and Lane Street. Called The Saint, these units are being billed as luxury with price tags on the higher end of the spectrum for downtown Raleigh townhomes.

A quick visit to the location recently shows the foundation work has begun and you can get a glimpse of the new alley-street that will cut from Jones to Lane to access the units.

With all high-end products comes high-end aerial video which I’ve embedded below for your enjoyment. (the views are nice, click here if you don’t see the video)

You can find out more about The Saint at their website.