Development Spotlight: Boxyard RTP
Completed in November 2021, Boxyard RTP is the first retail built on the grounds of The Park since its inception in 1959.
Retail
Development Spotlight: Dock 1053
Originally built in 1953 the warehouse at 1053 East Whitaker Mill Road would eventually go on to become one of my favorite development projects in Raleigh. The project is deceptively large at 183,000 square feet sitting on a lot that is just under eight acres.
Tenant Spotlight: Boulted Bread
Boulted bread has been slinging delicious breads and pastries from their ovens and custom stone ground mill in their storefront at 614 West South Street in Downtown Raleigh since 2014. They have made a lot of use and a lot of bread out of that space in the last 8 years, but soon, they will be on the move.
Tenant Spotlight: Woke Living Coffee
The barriers to entry for commercial real estate (both on the developer and tenant side) are high and seem to be getting higher. So, whenever I see a creative real estate solution that lowers those barriers, I get really excited.
Construction Update: Rogers East & West
Over the last several years there has been a flurry of activity in Downtown Cary. We have seen several multifamily projects, including for sale and for rent, redevelopment or retail, a new library, and a new park currently under construction. One thing that has not been seen until now is speculative office space. The Rogers project changes that.
Construction Update: Raleigh Iron Works Phase 1
This project is one of the largest (and most exciting) adaptive reuse and mixed-use developments happening in Raleigh. Phase 1 includes conversion of two existing buildings into office and retail and the construction of a new multifamily project.
Community Spotlight: Permanent Streeteries
In the fall 2022 after the success of the temporary streeteries program, the City of Raleigh made the changes permanent. Downtown tenants who face a City Street can now apply for a streetery Permit.
Tenant Spotlight: C-MAC Gallery
As average rents increase in Raleigh, unless smaller commercial spaces get built, financial barriers to entry only go up. But there may be a different option.
Tenant Spotlight: Two Roosters Lake Boone Trail
If you have read any of the Top Five newsletters from the past few years, it should be no surprise to you that I love Two Roosters Ice cream!
Development Spotlight: Fenton Phase I
Key Stats: Developer: Hines an Columbia Development Group Financial Partner: USAA Real Estate Asset Class: Mixed use (office, residential, retail, and hotel) Phase I Build Out: 358,000 square feet of …