09/14/08 52 W, 1 I - + 11 - 13 Downtown Raleigh Developments

Saw this poster posted downtown. It's a nifty map from the Planning Department. Super overview of the big stuff that's coming downtown. Wonder how much those high-rise condos cost? And where the heck do people park? See more Planning Department maps here. Click to view the PDF original:

RBC Plaza condos… sold out! http://www.rbcplazacondos.com/
Legeros - 09/14/08 - 11:28

High-rise condos, if they end up being anything like the ones here in Charlotte, usually go for about $175,000 – $1.5 million + (that low number is for about 550 sq ft) – UNLESS you can get the condos at “Phase 1” pricing which is usually before the building even breaks ground and when many of the investors purchase their units. Of course, buying before the building has broken ground is also a risk. We’ve only had 1 High-rise Condo project go belly-up in the construction phase thus far; alas it was an expensive one and many people lost a huge chunk of change (pocket change for them, I’m sure!).

Parking is another issue!! Most all of the ones Uptown give you parking spaces based on the number of rooms. If you’re a young married couple and only need a 1 room condo – Guess what? – you get 1 parking space!! This also leaves the problem for having parking available for any guests, usually the buildings don’t provide many (if any) extra parking spaces for guests. You have two options, park on the street and risk it or park in a pay lot, pay for it, and still risk getting broken into or vandalized!

All in all living at an Uptown location is really fun and always entertaining if you’re single or a young couple.
Luke - 09/14/08 - 18:03

Luke are you still single and living in uptown? I would like to live in a downtown/uptown building within walking distance of everything.
Apex Batt Chief - 09/14/08 - 22:31

I am. It is a lot of fun, but not somewhere that I’d like to settle and raise a family! Although there are some young families that live Uptown and also some “empty nesters” that reside in the more upscale ($$$$$$) buildings.

The biggest initial problem when people started to live Uptown here was the lack of common goods/entertainment readily available. Believe it or not, firefighters that have been Uptown for a while often talk about how after 5pm Uptown would become “dead.” There also was (and still is in some ways) a lack of common “everyday” items such as grocery stores, family entertainment, and non-alcohol activities. Today there is a Harris Teeter Uptown, a Target, Home Depot, Lowes Hardware (cause you can’t have one without the other!), and Best Buy all within either walking distance or 5 min drive. They are completing the new EpiCentre which already has partly opened some bars/clubs (that’s where Jr.‘s bar is – Whiskey River) and is also going to have a bowling alley, movie theater, various eating spots, Condos, and a hotel. With these new improvements the residential market Uptown is booming with many new Condo buildings going up. The projection is that within the next 4 years the population Uptown (within the loop) will be 20,000! It’s crazy…
Luke - 09/15/08 - 02:05

Here’s my quick review and opinion on some of the dots on the map:

#3: North Carolina American Institute of Architects, Center for Architecture and Design:

Of all on the dots on the list, will probably be the most significant in terms of national (and international) design impact and recognition. The project was selected after a lengthy design competition. We’ll be lucky to have this downtown. By Raleigh Architect Frank Harmon.

#4: The Tucker:

Have you guys seen this? It looks like a fire watch should be posted 24/7. Amazes me the building code allows wood frame construction of this scale. Won’t have a spinkler system until the construction is done.

#5: 222 Glenwood:

I guess the east side just didn’t need any design work….

#7: Bloomsbury Estates:

Give me a break. Perfect location if Herman Munster needs a condo.

#8: The West:

Nice elements of detail on this big guy. Right now it’s out of scale with it’s neighbors, but of course that could change in the next 100 or so years.

#9: The LaFayette:

Given the lending industry, might be one that only exists on paper and as a little model.

#10: The new Raleigh Convention Center:

All in all, a nice piece of architecture. Even though it was a collaboration of three firms, doesn’t really feel like it was. Within five years, there will be talk of making it BIGGER. You heard it here first. (Will also be the home of the South Atlantic Fire Expo for at least the next four years.)

The progression of spaces from South Salisbury Street into the main lobby and the eventually onto the exhibit floor is quite nice. Those balconies are worth every penny. Also check out the ballroom at the top.

#11: Charter Square:

Pretty big hole in the ground right now. Let’s hope it gets taller than the Soleil Center.

#12: Lightner Public Safety Center

Home of the Raleigh Police Department, with a guest suite for Fire. 911 will also be there. Wasn’t this a golden opportunity for a new Station 1 that was horribly missed?

#13: The L:


#14: Wake County Courthouse:

Definitely needed. LEED certification is architect-speak for a “green” building.

#15: RBC Plaza:

Would be an interesting design if it was 1982 and Boy George was on the radio. But it’s not, and that crown is a dopey solution. Looks like a naked christmas tree.

#16: Green Square:

A whole block of tree-hugging fun!

#17: Blount Street Commons:

With 500 units over several blocks, this project may have the greatest impact on this part of downtown since the state tore down most of old Raleigh to build the big pack of cigarettes (the Archdale Building).

#18: Hue:

Never thought I’d see something like this going in downtown Raleigh. Glad to see it. Notice the change in the west side of Dawson Street as you drive south. Big changes.

#19: 301 Hillsborough:

See #9.

#20: The Edison:

See #9, oh yeah…...

#21: City Plaza:

Nothing on the scale of a Plensa; might be kind of like the area at North Hills outside of the movie theatre. There’s already a Chick Fil A at the Sir Walter…...

During “Raleigh Wide Open,” this was ground zero, and deserves to be a really good space. Let’s hopes it is.
harkey (Email) (Web Site) - 09/15/08 - 22:11

I emailed the RBC plaza looking at prices. They still have some stuff open. Just an FYI and a little bit of the lower end price range.

We have one bedrooms that range from $257k-$401k; two bedrooms $484k-573k. There is a one bedroom with a den for $312k. The website has floor plans for you to view. If these prices seem right for you, let me know what plan you like and what your price range is and I will see what we have for you. Hope all is well in Iraq!”
Kermit - 09/16/08 - 02:32

Harkey, how do these developments compare with the major buildings in Charlotte, Greensboro, Durham, Fayetteville, etc.? Or is that an apples ‘n’ oranges question?
Legeros - 09/16/08 - 05:33

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