CityOfOaksNative

Dagnabbit!! HUGE HUGE HUGE loss for Raleigh. Few people have been as impactful to this city in the past decade as Mr. Silver. Was really hoping we could hold on to him awhile longer as we push through a new chapter in development and growth (UDO). Buuuut...congratulations to him and NYC.

Didn't want to start a new thread just for this one urban project. It's not apartments either, but actually condo's. http://1300stmarys.com/ Developers will convert the office building at the northeast corner of Wade Ave. and St. Mary's St. into upscale units. Prices will range from $169,900 - $349,000.

It is great to finally see some sort of light at the end of this 8 year-old tunnel (that's how long it has been since the new convention center project got started). While I will miss the residential component of the southern tower, the opportunity for residential in the immediate area and even tower two of CS are significant. We will come to appreciate the impact of this project and what may stir up. In addition to today's Charter Square announcement, it was announced via the TBJ that New York technology firm, Ipreo, will bring 250 jobs to Wake county. Interestingly enough, Governor McCrory's quote entices us to believe that these jobs are coming to downtown Raleigh. I can think of no better place than Charter Square for this company to locate itself. Quote from TBJ: "Gov. Pat McCrory, who made the announcement Thursday with Commerce Secretary Sharon Decker, called Ipreo “just the kind of company” North Carolina wants to attract. “The new IT and financial jobs will strengthen the downtown Raleigh corporate mix and be an example to others of the strong talent pool and attractive quality of life that characterizes Raleigh, Wake County and the state,” he said in a statement." Link: http://www.bizjournals.com/triangle/news/2013/04/11/new-york-firm-to-bring-250-jobs-in.html