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Dec
03

Reynolds Tower Approved, Gets Financing

The Raleigh City Council voted unanimously Tuesday to allow developers David and Ted Reynolds to move forward with plans to develop the Reynolds Tower, a mixed-use project planned for 301 and 309 Hillsborough Street. Since the last council meeting regarding the project , the developers have secured financing and commitment by Regions Bank.

Hillsborough Street Partners has agreed to purchase the City-owned property at 301 Hillsborough Street. Closing will be done by Dec. 31. Other deadlines set by the City of Raleigh still loom, however. Site and foundation work must begin by February 3, and construction completion must be by March 15, 2011.

Dec
01

Raleigh Set to Unveil New Comp Plan

The public is invited to Wednesday’s official release of Raleigh’s updated Comprehensive Plan draft at the new convention center. The program will include short presentations and an open house.  Attendees will have an opportunity to meet and talk with members of the City Council, Planning Commission, City Planning staff, and other City boards and commissions. The project consultants also will be in attendance. Summaries of key elements of the updated Comprehensive Plan will be available, and important policy maps from the plan will be on display (including a new land use plan).

The updated Comprehensive Plan draft is the culmination of 18 months of work on the part of City staff and consultants. The plan will provide the framework to guide the city’s growth through 2030.

Starting today, however, the Plan will be available for review and comment both on-line and at City of Raleigh offices and Wake County public libraries. Comments will be accepted in any form that citizens may wish to use, from letters to phone calls. The comment period will be open from Dec. 1, 2008 through Jan. 31, 2009.  During this time, the final three citywide public workshops will be held to provide another vehicle for input.   Public briefings will be held to answer questions about the Plan.

Register here for both the Draft Plan Rollout & Open House and Citywide Public Workshops.

Nov
17

Space Award Nomination Period Open

The nomination deadline for Triangle Business Journal ’s 2009 Space Awards is less than a month away.

Any companies that were involved in a major economic development announcement, a major commercial real estate deal or real estate development project in the Triangle region in 2008 are eligible. The nomination deadline is Monday, December 8.

Additionally there is the Busy Broker Award.  The award will go to the local commercial real estate broker who has consummated the most lease deals and sales transactions during the contest period.

TBJ is also looking for nominations of the top leaders, professionals, and volunteers within the Triangle’s commercial real estate industry for the Pillar Award.  Past winners include local industry leaders John Kane of Kane Realty Corp., Steve Stroud of NAI Carolantic Realty, Greg Sanchez of Tri Properties, and Hugh Little of Capital Associates.

The process is simple, and involves completing the nomination form .

Nov
14

Moshakos To Revive Former Pine State Offices

pine_state The incredible transformation of Glenwood Avenue from an light industrial corridor to Raleigh’s premiere entertainment district has been nothing short of breathtaking. One of the puzzle’s final pieces, 500 Glenwood, is about to be put into place. Triangle Business Journal is reporting today that Lou Moshakos, owner of the Carolina Ale House , Taverna Agora , Bentley’s , and others, will convert the former Pine State Creamery office building into a three-story restaurant complex.

A Carolina Ale House will occupy the third floor, which must be constructed above the existing two story structure. The third floor concept is not new, however, as it was a key component of a previous design for the property by New City Design . “The Wave” has since disappeared from the New City website, but it looked similar to Solas in form. The east side of the building, hidden from Glenwood Avenue, was a stack of decks and external stairways. Perhaps the new design will keep some of the strengths New City saw in the site previously.

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Oct
29

Planning Commissions Advises More Spaces for Broughton

The Planning Commission today approved a plan for 100 additional parking spaces on the front lawn of Broughton High School. The school had eariler requested 126 spaces in their original plan.

They also recommended returning “The Strip” (Cameron Street section across from the baseball field) to the Wake County Public School System. Such control would afford the school to return The Strip to 90-degree parking, adding back 30 previously deleted spaces.

Oct
20

City Plaza Construction Begins Today

Work begins today on the much-debated City Plaza on Fayetteville Street . The plaza is expected to be completed by next October.

Oct
12

RDU Shows Off Terminal 2

rdu_term2_pan

On Saturday the Raleigh-Durham Airport Authority opened the doors to Phase One of the new Terminal 2 to the public with an impressive open house. The celebration showed off the new 920,000 square foot, $570 million terminal which will offer expanded security areas and improved efficiency with check-in and baggage security and routing.

After being shuttled to the upper levels of the hourly parking garage, visitors were greeted in the parking plaza with a jazz band, the first of many dotted throughout the terminal during this seminal event. Upon entering the front door of the terminal, it is easy to be swept away by the arcing, curved ceiling. Made of glue-laminated layers, the sturdy wood beams carry a shape reminiscent of a wing’s airfoil shape. Dramatic windows have been incorporated to allow in much natural light. The ticketing area contains two island style ticketing stations as well as individual kiosks for express check in.

The layout for the new terminal is essentially the same as that for the old Terminal C; a big “H”. The isthmus, again, is the site of security, only this time, there is no grade change until one is beyond the security areas.

The single, long concourse is similar to that in Terminal C, however the building is about 25 feet wider. The extra room accommodates bidrectional travelators as well as numerous full-service restaurants. The ceiling is a continuation of the arched airfoil concept, and contains many strips of glass to allow in natural light. The three big restaurants that will be open in this phase are 42nd Street Oyster Bar, Carolina Ale House, and Gordon Beirsch.

The concourse features some welcome improvements. The bathrooms are large and well-lit. The seating areas at the gates have some end tables with hidden power outlets. While AC outlets are offered, other form factors such as USB are offered. Finally, the large displays throughout the concourse are on par with the flatscreen displays that are appearing in the nation’s best airports.

As stated before, the isthmus is on the ticketing level, so arriving passengers must ride up a short escalator, then down a long escalator to access the baggage claim areas. The baggage claim area is unremarkable. The best kept secret in this complex, however, is the aluminum tree sculpture at the baggage claim entrance on the lower level. The tree’s base is outside, though some of its branches seemingly “pass through” the building’s two-story windows.

The terminal will no doubt offer an improved ticketing, security, and dining experience. The use of large windows will allow the building to utilize natural light for most of the time that passengers are using the building. Overall, the architectural design is stunning, and will make an excellent impression on those arriving to our area for the first time.

However, upon leaving the building, I have to wonder if this is the best way we could have spent just over half a billion dollars. Will the added natural light’s savings be offset by the additional costs to heat and condition the vast spaces inside the terminal? Will the movement of passengers up and down escalators eventually be seen as a backward way to move people? The facility only offers 4 more gates than Terminal C offered. Will this offer adequate revenues to help pay for this very expensive building? Will people actually use these full-service restaurants on the concourse? I can see this working in a hub setting, but in a point-to-point airport, the only customers they will get is those arriving early for their flight.

The new terminal is much like getting new shoes to wear with suits when your old shoes weren’t that bad…and your casual shoes are embarrassingly awful. The explanation I was given for replacing Terminal C first, instead of Terminal A, is that the airport could not move all of Terminal A’s functions into Terminal C while Terminal A is being replaced. With Terminal 2, they supposedly will be able to move the Terminal A airlines to 2 while replacing A. How will they accomplish this with just four more gates in Terminal 2?

Unfortunately Terminal 2 is another giant missed opportunity in RDU’s history. Ever since 1987 we have operated two airports at RDU; one right across the street from the other. Whether it be parking decks, ticketing areas, baggage claims, runways, control towers, or concourses, there are at least two of everything at RDU. If we’re building a baggage claim facility, a ticketing area, and a security area, why not build such that both concourses can use it?

By building a central terminal and connecting it to just the concourses in the existing terminals, RDU could have set itself up for easy, efficient expansion and renovation in the future as well as incredible efficiency in the present. This design is called the landside/airside design and it has been so beloved in Tampa since 1971 that Orlando used it when it built its new airport in 1981. A central terminal almost the size of Orlando’s could easily fit on the NE side of RDU’s parking decks. People movers are so flexible, that future gates could be put virtually anywhere along the runways.

rdu_plan1 There are two main arguments I’ve heard against the landside/airside design for RDU. One is that Southwest Airlines likes their arrangement in the Terminal B section of Terminal A. They have full control of their gates, their security area, and their baggage claim. They have apparently been resistant to any changes. Second, the inter-runway space between RDU’s two primary runways is much smaller than most airports. The original design was to build twin runways beside Terminal C, so the 5L/23R runway was placed as close as possible to Terminal C to allow for its eventual twin.

That said, most airside/landside arrangements have central terminals, but there is no law stating that the central terminal cannot be offset, as depicted above. (The green lines represent roadways and the orange lines represent people movers. Terminals 2 and C can be seen in the top of the picture, while Terminal A is at the bottom.). In fact, if the road entering the airport could be aligned to run along the edge of the parking decks, it would be entirely possible to rebuild Terminal A as a two-sided concourse.

While Terminal 2 is will be impressing a lot of people in the next few years, it depressing to think of what could have been.

Oct
06

Lake Boone Marketplace Welcomes Four Restaurants

The VarmintBites blog is reporting today that four new restaurants are almost set to go at the new Marketplace, a mixed-use development on Lake Boone Trail. JK’s Steakhouse will soon complete its move from North Hills. Two restaurants will add to their existing area inventory: Ciao! Osteria (fine Sicilian and Mediterranean cuisine) and YoHo Asian Bistro . Ciao currently has a location in Apex, and YoHo is in Cary and Apex, and coming soon to North Hills. The final of the four is a locally owned restaurant named EATS.

I’m not sure what happened to the previous news that Camilles and Salsaritas were coming, but apparently they are off the table now.

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Oct
04

Parade of Homes Begins Today

paradeofhomes The annual Parade of Homes begins its 2008 run today. The county-wide, 394-house extravaganza displays many of the area’s newest houses and is free to the public. The show runs October 4, 5, 10, 11, 12, 17, 18, and 19 from Noon to 5pm. It’s a buyer’s market, so now is a good time to buy.

The guide to the tour can be found in today’s News & Observer, any parade house, or at any Porter Paints location. Inside the guide is a map showing the house site locations , which I’ve scanned. Beware that this map is oriented with WNW at the top of the map.

Generally it is most efficient to visit clusters of houses, so the best bets for ITB Parade houses are the Oaks at Fallon Park, Blount Street Commons, The Ramblewood, and the Transylvania area of Country Club Hills. Also be sure to see the unit that is open at The Oberlin ( tour house #15 , diagonally across from Daniels Middle School). The best bet or an interesting hour OTB is the tour’s most expensive house, the $2,085,000 Leukemia house in Wake Forest off highway 98 ( house #68 ).

POH_08Map The builders usually decorate and furnish the more expensive houses on the tour, so some good decorating ideas can be found in many of the houses. Unfortunately there is a growing photography ban on the tour, and some houses have “no pictures” signs posted.

The houses generally require that shoes be removed before entry, so plan your wardrobe accordingly. Also be aware that restrooms in the houses are not available to the public.

Oct
02

UNC School of Dentistry Extracts Cavity-Filled Lab Building

UNCSOD The UNC School of Dentistry recently razed it’s 1967 Dental Research Center in preparation for construction of the new Dental Sciences Building. The 200,000 square foot facility will greatly relieve its space deficiencies and enable the school to expand it’s class size by about 33% to 100. A much needed 220-seat auditorium is included in the plan as well as new lecture halls and flexible research space. (Currently the largest auditorium seats 90.)

dsbexterior2 The rendering shown portrays only one wing of the complex. In fact, the rendering in the school’s official release (.PDF) more accurately shows building’s role as it brushes the corner of Columbia and Manning.

The new facility makes a great impression with a more neoclassical veneer than the horrendously depressing modernist Brauer Hall. While the new style creates an amalgam in the complex, much wisdom was used in abandoning the old style.

The new building is aiming for LEED Silver Certification, which includes heat recovery mechanical systems, high performance glazing, rainwater collection, day lighting optimization, and incorporation of materials containing recycled content or renewable resources.

The school anticipates a February groundbreaking and is rooting for the space to be complete in 2011. More can be seen in the school’s official presentation (.PDF)

Oct
01

RBC Set To Dedicate Tower

The official opening of the RBC Plaza begins tomorrow at 1:30pm. Royal Bank of Canada President and CEO Gord Nixon will be on hand, and the bank will announce the five latest grantees of RBC’s Blue Water Project. The Blue Water Project is a grant program designed to support charitable initiatives that foster a culture of water stewardship.

A classy gesture recognizing the recent troubles of the banking industry, RBC is opting to follow the dedication not with base jumpers, but with a simple open house.

Sep
30

Global Toast To Bring Bar Toward Center

Sam & Wally’s will open a new bar named Global Toast on November 1. The bar will be connected to Sam & Wally’s in the base of Two Hannover Square (The BB&T building),  making it a fantastic landing place for convention center, Marriott, and Sheraton visitors.

Sep
27

Waverly Sold To Distant Firm

IMG_0190 The Cary shopping center that once looked like the prologue to a New Urbanist’s dream has been sold, according to Jack Hagel at the News & Observer . Durham’s Todd Zapolski has given up his aggressive dream for reorganizing the site into a North Hills cousin, and sold the property to RP Realty Partners , a Beverly Hills, CA firm. Zapolski told the N&O he was glad to be cashing out on the property that has had so much trouble gaining momentum. Zapolski did not sell his outparcels at the center.

As you may recall developers Zapolski and Rudd bought the odd-shaped site a few years ago and proposed partial demolition in order to facilitate high-rise hotel, condo, and office space. Z&R reorganized and in June I hypothesized that Waverly might have an advantage in getting a Dean & DeLuca store based on the fact that Leslie Rudd owns D&D.

Most likely the existing plans (.PDF) for the center will be scrapped. Who knows what RP wants to do with the property, but we all know how it goes with long-distance landlords. In an area of the Triangle that is dying for upscale shopping opportunities, RP will probably low-ball the entire project and continue to hold nearby residents hostage.

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