Checking in on Fayetteville Street at the end of 2024

It’s been talked about all over the place that Fayetteville Street has still not bounced back to pre-pandemic levels. From my point of view, the street does seem to be in transition as a once office-heavy corridor adjusts to a region that has embraced work from home culture. I’m optimistic and am showing patience these days, believing that the street will find it’s way over time. That’s why I’m happy to read this article from Axios Raleigh highlighting the first glimpses of change taking place on North Carolina’s Main Street.

I thought it could be fun to go block-by-block and describe what’s to offer on the ground floor as of the end of 2024. The more places to visit, the more people there should be. That, in the end, adds to the vitality of the street.

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Dive Into the Final Report That Will Reinvigorate Downtown Raleigh

Recently, the Downtown Raleigh Alliance (DRA) released the final draft of the Downtown Raleigh Economic Development Strategy, the ongoing study that hopes to revitalize urban Raleigh post-pandemic. We talked about part 1 earlier this year, with a heavy focus on Fayetteville Street, and now we have the complete report which lays out new ideas and a bold vision for downtown. Here are the many ways to dive right into it:

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Checking In on the Raleigh Convention Center

Should we start calling the southern end of downtown “The Convention District” or maybe “The Entertainment District”? Those are probably the most boring names I could think of but it seems the Raleigh Convention Center is poised to grow it’s influence on downtown this decade. This month, the Raleigh City Council approved agreements with a developer to start work on a 550-room convention hotel nearby. This would support a future convention center expansion which is also working it’s way through the planning process.

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Part One of the Fayetteville Street Economic Dev Strategy Is Out

The DRA has released the first part of their Economic Development Strategy for Fayetteville Street and the list of recommendations are quite numerous. We’ll still get even more recommendations later this year but this initial piece focuses on the central business district with Fayetteville at the center of it all.

Above is a video of a city council work session where the report’s highlights are presented to council and is a very good watch. Scott Page from Interface Studio, the consultant team on the project, gives us a very comprehensive overview of the plan so watching, or just listening, is highly recommended.

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Coloring Outside the Lines: Imagining Fayetteville Street’s Future

Above is a video recording (watch it directly on YouTube) of a virtual meeting hosted by the Downtown Raleigh Alliance and Interface Studio where they take attendees through some of the things coming out of the Downtown Raleigh Economic Development Strategy project currently in progress. We’ve mentioned this project earlier in the year and this video is worth watching as it focuses mainly on Fayetteville Street. The team shares ideas that may lead us to new ways to reinvigorate the street.

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Omni Hotel for Site 2 Announced

Video from city council starting with request to approve negotiations with Omni Hotels

It’s all going according to plan.

Straight out of the 2015 Downtown Plan, the southern end of Fayetteville Street, currently being used as surface parking and owned by the city, was to be kept for a major “catalytic” project. In 2015, it was envisioned that a major hotel to serve the convention center and a large corporate relocation would set up on the two sites. Fayetteville Street would then be extended down the middle.

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The City’s Latest Plan for Downtown Raleigh Hopes to Invigorate Fayetteville Street and More

Aerial photo of Fayetteville Street from 2019

[Quick note, most of the photos here were taken on a weekday morning. I was trying to beat the heat plus it’s been a busy summer for me. I mention this because I typically try and get photos with people in it as that is more interesting than the opposite but sometimes you can’t help when inspiration strikes, am I right?]

Announced back in July of this year, the Downtown Raleigh Alliance (DRA) and the city have partnered with a few consultants to create a plan for Downtown as the last few years have seen unanticipated changes. The largest of those being the uptick in remote and hybrid work and how downtown businesses were reliant on a certain number of workers coming to the office and frequenting them for lunch and goods. It is also a great time for a new plan as the previous downtown plan was implemented in 2015 and plenty of policies and recommendations from that one have already been put in place.

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Pic of the Week

Have you seen the First Citizens Bank building recently on the corner of Martin and Fayetteville? The building was undergoing a renovation for the last year and they really opened that building up. Significantly more windows have been added and the ground-floor lobby has a nice contemporary refresh.

Buildings along Fayetteville Street have been getting modern refreshes lately. This is probably a result of landlords attempting to lure higher paying office tenants as rents are much higher compared to decades ago when they were first built. Constructed in the 1980s One City Plaza was given a new facade and lobby in 2015. The lobby in the Wells Fargo tower, from the early 1990s, was given a refresh in 2019 and 333 Fayetteville from the 1960s is being renovated right now.

Back to First Citizens, here is a photo pre-renovation.