BidClerk has a project listed for Raleigh (Private sector) as Hotel/ Motel Office Parking Garage Retail Playgrounds/ Parks/ Athletic Fields Swimming Pools. The project is valued at $200,000,000. Anyone have any ideas of what this could be? I'm thinking of hotel prospects and I can't imagine the Residence Inn adjacent to the convention center will command that kind of price tag, plus it is already with parking deck. Perhaps this will be the site across from the L? Two hundred million still sounds rather pricey for 9 stories, unless it has been scaled up. If I recall correctly the total cost of the 16 story Marriott was $115 million, the PNC was $100 million, and Skyhouse is $60 million.
More detail. There is 18K sq ft. of commercial space, 32k sq ft. of ground floor retail, 576k sq ft.or office space and a parking garage. So, I do not think this is Carolina Row.