Within the next three to six months, the city will be looking for proposals to developed the land across from the Raleigh Convention Center. The vacant Salisbury Street site formerly known as The Lafayette has already received one presentation from local developer Summit Hospitality Group. Since it is widely known that the convention center has been losing business for a lack of rooms nearby, an estimated 500-700 room shortage, other parties are also submitting letters of intent.
Tuesday, January 31, 2012
Wednesday, January 25, 2012
Crest at Brier Creek Apartments Planned
New York-based Clarion Partners and The Residential Group of Atlanta have broken ground on a $37 million apartment complex joint venture. The project’s location in northwest Raleigh near RDU International Airport and Interstate 540 is at the intersection of U.S. 70 / Glenwood Avenue and ACC Boulevard. With convenient access to local employment centers and abundant retail amenities, The Crest at Brier Creek Apartments is ideally situated in the dynamic mixed-use Brier Creek submarket. The 291 units facilities will include clubhouse, fitness center, pool and grill area, with completion set for 2013-June.
Tuesday, January 10, 2012
Westgate Road Quarry Looks to Expand
Martin Marietta Materials Inc. announced to residents of Raleigh, N.C., that the company intends to file a proposal with the city to rezone property it already owns south of Westgate Road.
Company representatives said the proposal would shift Westgate Road north and expand its operations into undeveloped property. Some residents have expressed concern about what the expansion will do to property values, wildlife, the environment and the air. Martin Marietta is holding off commenting on the potential expansion.
Meanwhile, some residents said they may take action on their own. They are reportedly talking about hiring an attorney to see what they can do as a group. The company reportedly plans to file its request for a zoning hearing with the city and seek a date in April of 2012 to move the process forward.
Raleigh, N.C., Quarry Looks to Expand
Company representatives said the proposal would shift Westgate Road north and expand its operations into undeveloped property. Some residents have expressed concern about what the expansion will do to property values, wildlife, the environment and the air. Martin Marietta is holding off commenting on the potential expansion.
Meanwhile, some residents said they may take action on their own. They are reportedly talking about hiring an attorney to see what they can do as a group. The company reportedly plans to file its request for a zoning hearing with the city and seek a date in April of 2012 to move the process forward.
Raleigh, N.C., Quarry Looks to Expand
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