Raleigh Renaissance

Rendering courtesy of White Oak Properties, Inc.

Site 1 approved by the city

Site 1 (which sits across Fayetteville Street from the planned convention center hotel) will feature two mixed use towers of 20 and 14 stories. This project will tenatively include

• ~150 condos
• 50,000 sq. ft of shops and restaurants
• ~280,000 sq. ft of office space
• a Health Club
• a 2-4 screen movie theater. (Entrance from Wilmington Street
• Will sit atop a ~980 space underground parking deck

Construction should start later this year and hopefully will be completed in 2008.

I’m definitely looking forward to this project for several reasons. First and foremost the anticipated timing is great: 50,000 feet of retail shops AND a movie theater will give conventioneers options across the street from their hotel. (It’s much easier to point conventioneers across the street than to point them 7 blocks away.)

Additionally, this project will give Fayetteville Street more residents AND help to make it a destination outside of business hours. The movie theater also nicely complements the performing arts center.