Crash of the Resident Wave, The L Apartments Showing Wood (2/10)

The L Apartments under construction
This is part 2 of a 10 post series, rolled out all week, on residential projects in downtown Raleigh. Go here to see all the posts so far.

A project that can be traced all the way back to 2007, The L building is filling in the empty lot around the Wake County Parking Deck at the corner of McDowell and Davie Street. For a history, jump back to earlier posts tagged The L.

Starting off slow to the year but picking up the pace, you can see the apartment units being put together. There will be around 80 total units above 8,000 square feet of ground-floor retail.

Crash of the Resident Wave, Introduction (1/10)

Construction at The Lincoln
This is part 1 of a 10 post series, rolled out all week, on residential projects in downtown Raleigh. Go here to see all the posts so far.

If you follow the news, this blog, and watch all the construction happening you may notice an ongoing theme. Residential projects are mushrooming in downtown Raleigh!

I had to take a step back and list them out in order to really get a feel for how much is going on. In recent history, it’s always felt like the list of “What’s coming” is longer than the list of “What’s being built.” Currently, downtown Raleigh is in the exact opposite situation.

Throughout the week, expect some short posts on nothing but residential projects. I’ll then end the week with projects that are coming soon.

For those that haven’t been following as closely, the result of these residential projects, a majority being rental apartments, is part of a national trend. Demographic preferences, a more mobile workforce, and access to more amenities are just a few factors that are driving this huge demand for rentals near the city center.

It is definitely time to update our downtown resident population numbers as presentations and reports seem to always stick to some 5-6,000 number for the last 10 years.

Enjoy!

The Ten Brings Modern Townhomes to Person Street

The Ten at Person Street

You can’t stop everyone from building modern. Construction is only a few months away from The Ten, a 10-unit townhome project for the corner of Lenoir and Person Street. Modern in style, these two-bedroom townhomes will be built on a currently empty lot southeast of downtown.

Perry Cox was part of the architecture team and you can thank In Situ Studio for doing the Design work. In addition to the two bedrooms, there’s also a bonus room, spacious living area, and a one-car garage.

The Ten at Person Street

It’s nice to see some housing for sale to try and balance the flood the rentals coming to downtown. Prices for The Ten start around $269,000 and they are taking reservations now.

http://www.thetenatsouthperson.com/

The Ten at Person Street

Corner of Lenoir and Person Street
Corner of Lenoir and Person Street in June 2014.

Construction Starts on 200 Units at The Link Apartments in Glenwood South

Construction at The Link Apartments

There’s finally construction starting at the corner of West and Jones Street on the upcoming 200-unit apartment building called The Link Apartments. It’s not exciting to look at yet but what has been an empty lot since January 2009, should start to really fill in.

The demolition of small buildings here took place over five years ago for a much grander project called Powerhouse Plaza. The mixed-use office and hotel tower never happened and the lot sat empty for awhile.

During construction of the nearby Green Square project, consisting of the Nature Research Center and the newer Department of Environment and Natural Resources offices along Jones Street, this site was used for construction staging.

Today, it should be no surprise that the apartment boom is continuing and The Link Apartments will add more units to the downtown residential base.

Construction Set to Start On The Lincoln

Construction fencing at the site of The Lincoln

Construction fencing is up at the future site of The Lincoln, a 224 unit apartment building going on an empty lot to the east of downtown Raleigh’s Moore Square. With over a year of planning, equipment has rolled in and the entire block has been fenced off.

The lone house along Martin Street still stands however. I guess there’s plenty of room to start construction while the fate of the house is determined. The developer was making moves to buy a nearby plot of city-owned land in order to have it moved. If the city voted to sell the property to them, perhaps the house can be rolled off The Lincoln site rather than be demolished.

With Skyhouse apartments and very positive talks of funding for the Moore Square redesign recently, east-side downtown may be a growing hot spot.

Charter Square South Tower Groundbreaking

Charter Square construction site

It was about 11 months ago that an announcement by Dominion Realty Partners stated that they were bringing the first of two towers to the Charter Square site on the south end of Fayetteville Street. Yesterday, the “groundbreaking” took place for that building.

I say “groundbreaking” because this site doesn’t have any dirt that needs to be worked on. The Charter Square site is over an underground parking deck so parking is ready to go.

Expect to watch construction on this LEED Platinum tower up until around Summer 2015.