Archive for October, 2011
Want to rent in downtown Raleigh? You’ll soon have SIX new apartment buildings from which to choose.
In response to dropping rates in homeownership, developers in downtown Raleigh are scrambling to keep up with demands for rental units. Nationally, each 1% drop in the homeownership rate brings more than a million new renters into the U.S. market, and supply hasn’t kept pace. Six new apartment complexes are expected to become available in downtown Raleigh within the next year or two, most having site plans already approved by the city.
Get ready for more than 1,300 new rental units on the market!
All the plans are for mixed-use projects with ground floor retail and all are located within a mile of each other on the western side of downtown. They include three complexes in Glenwood South, two in Cameron Village and one between Glenwood South and NCSU.
Project details are listed below. For more information and images, use the links provided to download each site plan.…[ Read More → ]
It’s happening across the country. Whether it’s the WALK (Window Art Local Knowledge) Gallery transforming vacant storefronts on King Street in Charleston, or THE AWESOMEST ART THING EVER that has rejuvenated twelve vacant storefronts in Hartford, artists are coming together to fill windows of neglected city properties with images of hope and possibility. The stated goals of AATE are typical of many of these projects:
Cultivating a new appreciation of the downtown area, encouraging pedestrian activity and engaging the urban environment in a creative dialogue.
I join the DLA and Tipping Paint Artists in holding this vision for Raleigh, and even something more. As residents, we walk by these windows every day and wonder how we can support not just the Raleigh arts and business communities, but create a means of communication and empowerment to Raleigh’s residents of all ages and backgrounds. Given the chance to share their words and images, what would they say?…
Cystic Fibrosis Climb for Life
Where: Wachovia Capitol Center (now Wells Fargo)
When: Saturday, October 29th
Registration 9am / Climb Starts 10am
The Cystic Fibrosis Climb for Life event is challenging you … “to go beyond ordinary expectations, to take steps toward a personal victory and to play an important role in the victory of others”.
Join the Cystic Fibrosis Foundation and climb your way to the top of the Wachovia Capitol Center in downtown Raleigh.
Once you reach the top, look out at the breathtaking panoramic view of downtown Raleigh. Then, enjoy a celebration with food, drinks and entertainment at the survivor’s party.…[ Read More → ]
The Raleigh City Council is asking Raleigh voters to approve a $40 million transportation bond, placing the bond proposal on the October 11 municipal election ballot. This is Raleigh’s first Multi-Modal Transportation Bond that includes funding for a rail transit hub, upgrading Moore’s Square Transit Center, transit benches and shelters, greenways, bike lanes, streetscapes and sidewalks.
These new projects and improvements to the public transportation network are critical to the ongoing revitalization of Downtown Raleigh.
The DLA encourages residents to spread the word to vote “Yes” for the Transportation bond.
Here’s what you should know:
Union Station: New Rail Transit Platform
$3M in city funds would be matched by State and Federal funds totaling $20-25M to be used for the first phase development of the facility.…[ Read More → ]