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.

Next Reader Meetup is on Jan 29!

Need an ANOTHER excuse to come out to Transfer Co. Food Hall on a Wednesday night? Well, we’re giving you one this month. Our next reader meetup is on the calendar.

January 2020 Reader Meetup
Date/Time: Wed., Jan. 29 from 5:30 p.m. to 7:30 p.m.
Where:Transfer Co. Food Hall
*Look for our City of Raleigh flag that marks the spot!*

No need to sign up or be on time. We keep these things real casual so come on by and say hello. Our hosts, in addition to myself, this time around include:

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.