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Hotel slated near NCSU's Bell Tower

Posted August 23, 2011

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— North Carolina State University has selected a local real estate development team to develop a mixed-use project across from the Memorial Bell Tower as part of a continuing effort to revitalize Hillsborough Street.

The project by Bell View Partners and The Bernstein Cos. will include a 125-room premium hotel that will cater to university and Raleigh visitors. The hotel will be complemented by street-level retail shops and a signature restaurant, officials said.

The new hotel will be on Hillsborough Street between Enterprise Street and Maiden Lane on a 1.3-acre site owned by the University Endowment Fund. The project will also encompass the Hillsborough Square parking lot next to David’s Dumplings and Players Retreat, as well as the former location of Darryl’s restaurant.

“This is a big step forward in the continuing effort to make Hillsborough Street a destination for the greater community,” Ralph Recchie, N.C. State’s director of real estate, said in a statement.

Last year, Raleigh completed a $10 million project to revitalize Hillsborough Street by adding more street parking and creating traffic circles to improve traffic flow.

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  • Shamrock Aug 29, 2011

    "If I'm picturing the site correctly, it encompasses the spot where Edward's Grocery used to be. Best bar ever in Raleigh. Should be added to the Historic Registry and not built on. Maybe a plaque at the very least? Yeah, it was THAT good."
    caseofthefoo

    Yes it was! Maybe they can add Alligator Alley II as the restaurant. Was always good for a late night "bite".

  • ewingfield Aug 25, 2011

    I am sure the "upscale hotel" visitors will love being able to walk over to the fraternity houses and have a beer. Don't all the business currently in the area have to have a certain amount of parking to retain their permits? This plan does not seem very well thought out. I cannot imagine that an upscale visitor would choose to stay in this location when they could be downtown, walking distance to lots of great food/entertainment. Heck, the Velvet Cloak couldn't make it, and I am not sure the Brownstone is doing that booming of a business, either.

  • corey3rd Aug 24, 2011

    nobody from NC State or this Bell View company has contacted the owner of Sadlacks. How wonderful that they just want to spring the fact that they're demolishing her business through the media.

    While the tenants of the old Alligator Alley have month to month leases, Rose's situation is much more complicated.

    And the parking for this hotel with 125 rooms is going to be a block plus away? Does anyone not see a traffic flow problem when people are checking in and out since they'll be backing up on Hillsborough Street during rush hour times?

  • bullet656 Aug 24, 2011

    "The new hotel will be...on a 1.3-acre site owned by the University Endowment Fund."

    If it's on a site already owned by the university it doesn't seem like they'd have to tear down any privately owned businesses.

  • Jeremiah Aug 24, 2011

    I wish this report was clearer.

    So are they saying David's Dumplings will no longer be? What about Player's Retreat? What about Sadlack's? (i assume Sadlack's will be torn down, which is a shame)

  • caseofthefoo Aug 24, 2011

    If I'm picturing the site correctly, it encompasses the spot where Edward's Grocery used to be. Best bar ever in Raleigh. Should be added to the Historic Registry and not built on. Maybe a plaque at the very least? Yeah, it was THAT good.

  • marathonk Aug 24, 2011

    What are the vacancy rates for the downtown hotels? I'm not convinced there is a need for a hotel on Hillsborough Street. The Velvet Cloak Inn is now a condominium hotel and once what was a hotel in North Residence Hall. Tearing down Sadlacks and the other nearby businesses removes a vital part of Hillsborough St. It may be a bit gritty but it's has a storied history as part of the university community. A hotel seems too vanilla.

  • dwntwnboy Aug 24, 2011

    Less parking? Why? There isn't a whole lot of parking there to begin with. With a hotel, there is usually a parking deck built below or nearby to handle the expected traffic and cars. Seems to me that we would have MORE parking with a hotel than the 4 spaces in front of the businesses that are there now. This could really be a good thing for Hillsborough St.

  • dwntwnboy Aug 24, 2011

    "nothing is more exciting then going somewhere where everything is the same color....."- we already HAVE Cary nearby if we want to see beige all the way around! LOL

  • Massdaddy Aug 24, 2011

    This should provide us LESS parking...YAAAAYYY.

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