High-rises planned for fringe of Dix Park
Developers from Raleigh and New York have teamed up on a project that will bring two high-rise, mixed-use buildings to the edge of the planned Dix Park, south of downtown Raleigh.
Posted — UpdatedThe nonprofit conservancy is helping Raleigh officials plan the development of the 300-acre public park.
"We have talked about trying to do setbacks so it’s not an immediate skyscraper right up next to the park," Cowell said. "We think the scale of the street and wanting it to feel like a safe, intimate, friendly streetscape is important, and we’ve also talked about things like parking."
Migel Saldana already lives near the park, but the new development will force him out.
"I’m getting pushed out from where I’m at," said Saldana, who lives along Lake Wheeler Road. "It was good location, and it really was affordable."
Developers took control of the property he rents months ago and shifted his lease to a month-to-month arrangement, he said.
The developers still need to go through Raleigh's site review process, which typically takes a year and includes design approvals, before anything breaks ground. But Saldana said he knows his days in his home are numbered.
"I don’t think it’s going to be affordable," he said of the proposed project which is expected to include hundreds of residential units.
"Increasing supply by itself probably won’t bring prices down, but it will slow the increase," he said.
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