Downtown Raleigh Businesses Concerned About Being Derailed By Train Station
Posted June 24, 2002 10:20 a.m. EDT
RALEIGH, N.C. — Plans for a commuter rail station in downtown Raleigh may be several years down the road, but talk of it is already making waves.
Triangle Transit Authority
plans to bring commuter rail through the city and a rail station that is bound to attract new development; however, some current business owners fear it will not include them.
Retail shops, restaurants and new condominiums are part of the vision of the rail station on the 200 block of south West Street.
Many current business owners that would likely be displaced by the rail station believe they may also be priced out of relocating in the same area.
"We want to support the development of downtown Raleigh as much as we can. That's why we put our business downtown. We hope we don't get lost in the shuffle whenever it does catch on," record store owner Robert Mooney said.
Realtors said ever since TTA announced its plans for the rail station, there has been growing interest in residential development for the area.
"I think it's just a testament to this area -- that they want to be here because of the people who live here, which is wonderful," said Kim Stone, West Side Coalition director.
It may be at least five years before any construction begins. The TTA has just started raising money necessary for the project that would connect Durham, the Research Triangle Park, Cary and Raleigh.