This will be short as details are a bit light, as far as I know anyway, on this project. There’s movement on one of the apartment buildings planned for the Blount Street Commons project. The current parking lot near the NCAIA building and along Wilmington Street is being broken up.
I did some digging and this tract of land is referred to as “Block 2 Tract B” of the Blount Street Commons project. In early 2012, the Raleigh Planning Commission recommended the approval of a height amendment that was in place here. It was to go from 45′ to 62′. This was probably the beginning of plans for the upcoming apartment building.
By the way, the details are all in MP-3-11 on the city’s development approvals archive site.
I haven’t found much yet about it but the property owner, according to Wake County, is Elan Raleigh Property LLC. Their website, elanapts.com, shows some slides of some decent looking developments. The Elan Uptown project in Minneapolis looks pretty cool.
It’s taking a little more effort to find details here so I’ll post as facts come up. Please share if you have any insight to this potentially significant new residential project for the northern side of downtown Raleigh.