What's new in downtown Raleigh!

It is an exciting time to be living in Raleigh and Wake county to see all the development that has been created and continues to be developed within our county and city limits. There is the portion of the population that is against the city growing as it is, but growth cannot be curtailed when people want to move here and the opportunities are bountiful. Downtown Raleigh is experiencing a revival of sorts that has resulted in new developments and a greater complexity to this area from new buildings being erected to older buildings being remodeled and updated to unique housing products that put Raleigh in the same league as major cities such as New York and San Francisco to name a few. There is no doubt about it, Raleigh is growing and for many, it is exciting to see what is happening.

One of the more popular condo projects in the downtown area is 510 Glenwood in the Glenwood South area. This was one of the earlier projects that was completed in 2000 and its most famous resident to local Caniacs was Bates Bataglia, the former Hurricane hockey player. Within this development there are 3 restaurants at street level which adds convenience to this location. Additionally, you have a number of great restaurants and bars on this section of Glenwood, all within walking distance. In fact, this project was so successful that an offspring has arisen at 222 Glenwood. Conveniences is not as great for this building, but it will still be a hot property as young professionals and empty nesters flock to the downtown living.

Another exciting project that is nearly complete and has already been sold out for a number of months is the RBC Plaza will stand 540 feet and will be the tallest in downtown Raleigh. The 33 stories structure will be home to RBC Centura's U.S. headquarters as well as 139 condos situated on the top 11 floors. Residents will enjoy an open plaza area and pool on the 23rd floor overlooking Raleigh with a fitness center on the same floor. The units were priced from the $200,000 and began at 800 sqft up to 2,000 sqft. Definitely a destination hot spot, this edifice will stand out within the Raleigh Skyline and should always be a great purchase with great appreciation.

Finally, a project that has garnered major attention, both positive and negative is the new Convention Center, which will open in the 2nd quarter of 2008 and already has a number of events planned. It will be a 500,000 sqft convention center with 922-space underground parking garage. The new center will be able to house events and trade shows with participation from 50 to 5,000 people. Accommodations for these guest can be handled at the new 400 room, 4-star Marriott that is being built next door to the convention center. It will have 15,000 sqft of meeting space, a restaurant/tavern, coffee shop, and an indoor connection to the convention center.

As you can see, there are many exciting things happening in Raleigh which is making Raleigh a destination city for more people to move and visit here. Future articles will continue to bring in other new and exciting developments that is happening here. If you have a particular area of interest that you would like to know more about, you can email me or post a comment and I will address it in a future article.