Boosters seek more retail for downtown Raleigh
Posted April 24, 2015
Raleigh, N.C. — About $680 million in construction projects are either underway, recently completed, or planned in downtown Raleigh, but boosters say the area needs more diversity.
Residential construction in the city's center is through the roof, with 1,800 new units opening this year, bringing an estimated 3,000 residents downtown.
A dozen or so restaurants also are slated to open, but officials with the Downtown Raleigh Alliance say there is more work to be done.
"We need more retail businesses down here," said Bill King, planning manager for the downtown booster group. "We have people looking to live here, eat here, be entertained here. They also want to shop here. So, we have a good retail base. We've added 35 percent more retail stores in last five years, but we need more.
About 80 retail shops are already downtown.
Some Raleigh City Council members have been vocal about the need for more retail in the city center. They are considering business incentives as one way to draw more shops downtown.