Local News

Downtown bustling with development

Posted June 12, 2008

Whether it's the skyline or on the ground, it seems like there's always something new to see in downtown Raleigh these days.

The most visible recent change happened about noon at the 33-story RBC Plaza office and condominium tower at Martin and Fayetteville streets, where construction crews hoisted two RBC logos and positioned them on the building.

RBC Bank, which will move its headquarters there this fall, lobbied the city to have sign ordinances changed to allow larger signs.

Another change to downtown – crews started installing panels on the $1 million shimmer wall on the side of the new Raleigh Convention Center, which opens in the fall.

It will take about 28 days to install the 9,000 LED panels needed to create the glowing wall, which will consist of more than 79,000 aluminum panels.

Meanwhile, a proposal headed to the Raleigh City Council could put four towers called the Edison project a block off Fayetteville Street at Wilmington and Martin streets.

Two of the four – over the next 10 years – would each be 39 stories, coming in taller than the RBC Plaza. The other two would be smaller. Together, the proposed developments would have office space, 1,600 parking spaces, street-level retail and restaurants, and more than 500 hotel rooms and condominiums.

If approved, construction could start on the four towers by the end of the year.

The other proposal, on the northern fringe of downtown, is two apartment buildings with 112 units behind Seaboard Station.


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  • OpinionOnEverything Jun 12, 2008

    Well, gaww'aww'lee Andy, look at them skyscrapers! I bet ya'll can see Mayberry from the top of that buildin'!

  • ncsudan Jun 12, 2008

    This is fantastic. I love the new tower project!!!! And those that say there is no reason to go downtown, LOL at you. Get off your computers and actually go have a drink with friends (if you had any) or a great meal, or walk around and see the sights.

  • IceCreamMan Jun 12, 2008

    Yet another 'downtown is booming' propaganda piece from wral.com. At least this one didn't mention condo sales.

  • ericsgrowing Jun 12, 2008

    I go to downtown all the time and I personally love this project! There are a lot of naysayers and negative people about any development. Well you people can stay in the suburbs and shop at Wal-Mart. For people that have not been to downtown at night (glenwood south, Fayetteville street, warehouse district etc) alot has changed in the past years. I find it very safe downtown especially compared to cities I have been too. Also there are more and more people coming downtown as well. Developments like this help add character to our city. Also notice all this development has happened after the city invested in downtown??? The city for sure is making money off that investment. I have lived here my whole life and I am excited to finally see something going on downtown, I like it!

  • denverbob234 Jun 12, 2008

    Oh, I almost forgot, adding a "river front" type project next to the current drainage ditch in downtown is also a bad idea an would be a huge waste of money.

  • denverbob234 Jun 12, 2008

    who cares if they are "taking shape" nobody goes down there to see it because there is no reason to go down there and there never will be. Anbody seen the project at N. Hills? It is going to be very impressive. Maybe Meeker should take some lessons from Kane about how to plan and execute a project that will be useful and a good investment.

  • sweetiechild75 Jun 12, 2008

    Enough with the towers!! We're not New York City. We can be a happy and prosperous city without a tower or hotel on every corner!! Why can't they get that??

  • SubwayScoundrel Jun 12, 2008

    The wall was sponsored and was not going to be built or included until a sponsor paid for it. So I guess the naysayers will have to move to the subject.

  • DontLikeTheSocialistObama Jun 12, 2008

    More tax money wasted on the Meekerville Convention Center memorial to the Mayor of Meekerville.

  • ncwebguy Jun 12, 2008

    Cree donated the money/technology for the shimmer wall so they can point at it and say, yeah, we did that. The building gets the "cool/wow factor" of that for NOTHING. *AND* they can still sell the naming rights for the convention center, which will help pay down the building's debt.

    The convention center is already well booked for three years. Unlike former Mayors Fetzer and Coble and current Councilman Ivey, I'd rather have out of towners coming in and paying into our tax coffers than the existing population. They never came to the old convention center (even after Fetzer's "fixes") but this is going to be modern and attractive. And attract people with money, not the ficticious homeless crack dealers some commenters here suggest control downtown.