SlackJack
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Posts posted by SlackJack
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On 9/11/2022 at 12:52 PM, cityboi said:
Boom picked up another engine maker
BOOM has picked up nothing. It is seeking another engine supplier. Cart before the horse.
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It was announced today that Rolls-Royce terminated the agreement to supply engines to Boom. Not good.
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1 hour ago, DownEast said:
Believe me Sydney. No one cares about your opinion. They're just concerned about your inability write anything besides your "Raleigh sucks" drivel over and over again. Shows your age and It's kind of pathetic. Could you stand to be a tad more creative? At least entertain someone with your nonsense. Jeez.
That man (Sidney) has some type of axe to grind against Raleigh for some reason. My guess is that he is jealous. And, he is bullied because his name is Sidney.
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Yes Tim. You are correct.;
"After reading the first paragraph in the News link, Greensboro has landed Boom Supersonic"Yes Tim. You are correct.;
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On 1/8/2022 at 7:54 AM, cityboi said:
Yes indeed! Hopefully soon Carroll's project which is now being called Carroll Ballpark South instead of Carroll South of the Ballpark will add even more density and height. A business journal article this week stated Carroll intends to build a 20 story office tower there. Eventually his legacy downtown project before he retires will be the Project 561 which would most likely be built next to Center Pointe. There are false windows on that side of the building for anticipation of a tower going up next to it. But because of the changing office market due to pandemics, Project 561 would have to be more mixed-use than originally proposed. Unless Greensboro lures a major corporate headquarters its hard seeing 400,000 square foot of office space in a single tower being filled up. He's gonna probably do something like 100,000 to 200,000 square feet and the rest of the tower would be a hotel and apartments. He can get to 561 feet but the mixed-use ratio is going to have to change. The tower could have 10 floors of office space, 15 floors of hotel space, 10 floors of residential all sitting atop an 8 or 9 story parking deck putting the tower at 43 or 44 stories. There is definitely hotel and apartment demand downtown particularly as the next few years go on with other projects and the success of the Tanger Center, so I think he can make it happen. By the time he puts plans in action for that tower, downtown Greensboro will be further along than it is today and they'll be a need for more hotels and residential.
But if Carroll wanted to take less of a risk for his 561 foot tall tower he could build it with 28 floors as he first proposed and build a structural spire on top to push it to the height of a 40 plus story building. Then he could build 8 stories of parking, 6 stories of office, 7 stories of apartments and 7 stories of hotel space. That configuration would be feasible today and not 5 to 10 years down the road. 6 stories of office space in the tower is a very conservative number in the new pandemic era and in particularly in downtown Greensboro. You'll probably see less 20 story office towers being built and more 20 story mixed-use towers being built. If I had to guess what hotel he would put in P561, I'd say maybe Aloft since he changed Aloft plans at Carroll Ballpark South to AC Hotel. Or maybe he could take it a step up a do a Moxy Hotel. It would literally be less than a block from the Tanger Center and would give traveling Broadway and other performers along with other visitors and business travelers a more upscale option than the Marriott across the street. The Moxy Hotel brand fits in well being near a performing arts center.
What is the obsession of building a 561’ tall building ? In Greensboro or anywhere ? It seems like such an odd, arbitrary height. How many hotels (or office buildings) does downtown Greensboro need ? I’ve never seen a situation where a local developer selects an exact final building height and scrambles the various elements (office, residential, hotel) to achieve that exact height, to the exact foot, mind you. Generally, these decisions are made based upon local microeconomic conditions, rather than on “bragging rights” by some local developer with a giant ego.
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10 hours ago, cityboi said:
Yes they could move the maintenance facility allowing room for a Eugene Street entrance. There is definitely room for a mixed-use building with a similar footprint of Project Slugger then land extends back to the outlined corner plot. More than likely they will build some kind of development behind the outfield but they probably won't build too far to the east side because a building would block the view of residents living at the Greenway at Stadium Park. It would likely be similar in height to the building at the Kannapolis ballpark. 7 to 9 stories. The outfield grassy berm may have to be reorganized somewhere else or even removed for different kind of seating associated with the building.
This is such a nice ballpark. The Kannapolis ballpark reminds me more of the one in High Point (both are nice). The Greensboro ballpark area is more urban, and will likely look more like the DBAP area in the coming years.
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52 minutes ago, cltbwimob said:
Considering it’s ranked #28 in best National Universities in the 2022 USNWR-tied with Chapel Hill-and it has a Top 50 Law School and Top 50 Med School, I’d say you’re underselling it quite a bit.
That's not my intent. But, Wake Forest is not a Tier-1 research university like Duke, UNC and NCSU, and therefore receives only a minimal amount of federal research funding, which is the lifeblood of medical and engineering schools. In terms of medical schools, US News ranks Duke # 3 in research and UNC # 3 in Primary Care and # 3 in Family Medicine. Actually, Wake has a top 30 law school ( not a top 50 as you stated) but that's the peak metric. Federally funded research is the key metric of any Tier-1 research university, and only Duke, UNC-CH and NCSU are Tier-1 universities in NC (Duke and NCSU get a ton of funding in engineering and quantum computing research). WFU is a fine school but it's not a Tier-1 school. Same goes for Campbell and ECU. I think that Gene Woods will try to go after more federal research funding but the competition is fierce. Again, lots of egos involved. Charlotte will get a school, no doubt.
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12 minutes ago, SlackJack said:
I didn’t mean that as flippant as it appeared, and the Charlotte School of Law quip was not apropos. My apologies. Still, Charlotte has struggled to open a Law School, much less a Medical School.
My point was that simply opening a medical school, even if it is a branch of an existing medical school, is no guarantee of creating a “Silicon Valley of Healthcare”. Gene Woods comes off sounding like the P.T. Barnum of healthcare.
Wake Forest is a good school. My wife graduated from Law School there and we have a good friend who graduated from their medical school. My impression is that they are arrogant and think that they are on par with Duke (they charged the same tuition as Duke) and UNC. They are not. Even the recently retired WFU president Nathan Hatch said as much. Maybe Elon University, but not Duke or UNC.
Wake Forest needs the money and they made a deal with the devil IMO (Gene Woods). Maybe it will work out great with WFU and Atrium, but only time will tell. Lots of egos involved with this deal.
BTW – there are five (5) medical schools in North Carolina: Duke , UNC-Chapel Hill, Wake Forest University, Brody School of Medicine (ECU) and Campbell University.
Guess which one is the newest and was the cheapest to create, and also has a very reputable Law School and Pharmacy School ? Yep. Campbell. No egos involved. No BTM Barnum attitudes.
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14 hours ago, KJHburg said:
WF School of Medicine was founded in 1902 and has been around over 100 years. This is not a young start up like the C SofL and to mention that in the same breath as Wake Forest is crazy. That would be like me saying Duke is one step above Wake Tech. And I don't think Charlotte is checking it off either as everyone has called it transformative. The innovation district will built over years. In terms of Winston Salem itself I don't believe for one minute they will close their Med school campus there as you hinted. That is where their main campus will be this is just a 2nd campus. Medical schools are extremely expensive to build and operate and that is why there is 4 currently operating in the state.
I didn’t mean that as flippant as it appeared, and the Charlotte School of Law quip was not apropos. My apologies. Still, Charlotte has struggled to open a Law School, much less a Medical School.
My point was that simply opening a medical school, even if it is a branch of an existing medical school, is no guarantee of creating a “Silicon Valley of Healthcare”. Gene Woods comes off sounding like the P.T. Barnum of healthcare.
Wake Forest is a good school. My wife graduated from Law School there and we have a good friend who graduated from their medical school. My impression is that they are arrogant and think that they are on par with Duke (they charged the same tuition as Duke) and UNC. They are not. Even the recently retired WFU president Nathan Hatch said as much. Maybe Elon University, but not Duke or UNC.
Wake Forest needs the money and they made a deal with the devil IMO (Gene Woods). Maybe it will work out great with WFU and Atrium, but only time will tell. Lots of egos involved with this deal.
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7 hours ago, J-Rob said:
Agreed; however, I appreciate the ambition. Shoot for the moon, land among the stars. I will give them this: They found a way to get the med school done despite the UNC system.
I don't think that you understand. This is not something that you "check off" of a list as "being done". That's what the Charlotte School of Law thought. You saw how that worked out ?
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3 hours ago, RALNATIVE said:
New renderings were apparently released but I cannot find them. Construction should start this summer.
Plans for the 32-story residential tower call for 261 apartments, including a mix of 200 one-bedroom and 61 two-bedroom units. The other tower will feature 250,000 square feet of space across 20 stories and will include office uses. Both buildings will have ground-floor retail and stretch around the existing historic Creamery building.
They were shown on the TBJ. Look nice.
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2 hours ago, Cadi40 said:
Well we won in the end. We’re getting a state of the art innovation district that will pull talent from all over the US.
Well, maybe ---- Charlotte got a medical school, and that’s a good thing. It was long overdue and well deserved. However, Innovation Districts are hardly unique, and are becoming the “in thing” whether they are related to medical schools or not. NCSU’s Centennial Campus is an example of one not related to medicine, but engineering instead.
Eugene Woods wants to build a “Silicon Valley of Healthcare” between Charlotte and Winston-Salem where I suppose that Salisbury would be the epicenter of that research. Well he may be successful but national competition is fierce for Federal Research Grants. Perhaps he would be better off on focusing on the quality of output (doctors) instead of the quantity of output (doctors). That’s the policy of most highly rated medical schools in the country.
Medical schools are also not unique; some are quite good while others are not. US News ranks the following medical schools in the Piedmont area of North Carolina:
Duke University: # 3 in Research
UNC-CH: # 3 in Family Medicine, # 3 in Primary Care; # 24 in Research.
Wake Forest University: # 48 in Research, # 80 in Primary Care.
Duke and UNC-CH are both Tier 1 research universities while Wake Forest is not. Neither is UNC-Charlotte.
Duke also anchors a new Innovation District in Durham and has recently opened a 273,000 square foot separate Medical Research Campus in Research Triangle Park. UNC and Duke extensively collaborate on research, and numerous startup life science companies in and around RTP have origins from Duke and/or UNC. The area draws researchers from around the world. The Triangle is one of the top 5 Life Sciences hubs in the United States, and is growing very rapidly. Most successful medical / life science / tech hubs are anchored by at least two Tier 1 research universities. This area has three of them.
I have no doubt that Atrium will build a successful medical school , but boasting about creating a “Silicon Valley of Healthcare” seems to be a bit of a stretch at this point.
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2 hours ago, KJHburg said:
We went over 100 years without a medical school. This was the first med school in Charlotte and it closed a few years later. It is now the Settlers Place condos at N College and 6th.
and perhaps when Atrium Wake Forest starts pumping out doctors left and right then UNC will reevaluate. I have followed this discussion for 20-30 years and there was talk years ago and jointly developed a full on med school here with UNC Charlotte but it again never happened.
UNC has no interest in developing a medical school in Charlotte; they never had and never will. They don’t need to, as they are locked into fierce competition with Duke’s School of Medicine, only 9 miles down the road from it, and the Triangle area is growing rapidly, so the market is expanding every year. Duke has no intentions of establishing another medical school either; they will only expand their existing one. Between UNC, Duke and Wake Med, the Triangle market is very competitive between those three institutions, and that’s why other companies like Atrium and Novant have been unsuccessful in entering this market. Conversely, that’s also why these institutions have been reluctant to expand outside of the Triangle other than takeover / purchase / manage a very small number of regional hospital systems in the boondocks.
Over the years, Atrium / Eugene Woods courted several institutions to form a partnership, and UNC might have done so eventually, but not at the expense of Chapel Hill no longer being the headquarters of the new entity. UNC didn’t initiate the discussions, Eugene Woods did. Wake Forest was in a weak position (particularly with the local Baptist Hospital) which is why they agreed to a deal, but it will likely bite Winston-Salem them in the rear end. Some folks think that the Medical School and Graduate Schools will eventually wind up being headquartered in Charlotte. That’s a good thing if you are Charlotte but not Winston-Salem, LOL.
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On 11/23/2021 at 2:15 PM, TheRealClayton said:Couple things:
1. Whoever moderates the Charlotte skyscraper Wiki page is awful and deletes anything you add or even correct. It's not worth even trying to keep updated. It's probably metroboi.
2. Raleigh's are largely visions, upzonings and Public Private Partnership (PPPs), and for whatever reason they seem a lot less tight lipped than Charlotte's PPPs.
3. In Raleigh they seem to take visions as reality, and we have learned over years of heartbreak, not to do that. I had Raleigh followers bragging about their new soccer stadium and the "Tower built into the side of it" and meanwhile... https://www.wral.com/planned-stadium-for-raleigh-s-downtown-south-development-on-hold/19991360/
3. Between the Four Public Private Partnership active uptown (Gateway, CTC, 7th & Tryon and Brooklyn Village) there could be as many as 13 towers added. For whatever reason all are generally kept pretty under wraps. Gateway Village could be the most urban development in the Southeast outside of Brickell, yet all that is public are the CATS RFP renderings that do not in any way represent what is planned. In contrast RUSBUS drastically over promises publicly what will be built there.
4. The pipeline of unannounced residential towers in planning in South End is STAGGERING. Raleigh does not have a single urban submarket that is comparable to South End.
Regarding your item # 3, the stadium is on hold , because covid drained any public money for it, but the Downtown South development is not. Kane-Malik are starting the first two buildings of this project in early to mid 2022. Still, public support for the stadium is mixed, even before covid, so it remains to be seen if the city/county gives them money. Regardless, John Kane is proceeding with this project , along with others beside Dix Park, Smoky Hollow and Warehouse District. He has the dollars to do whatever he wants, and I believe that it is Steve Malik pushing the stadium. As previously mentioned, Kane's son is also gearing up in the Dix area and in the "Ironworks" area which I believe that Grubb is calling East End.
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On 12/16/2021 at 9:49 AM, Blue_Devil said:
Yah, SLI Capital (Kane's son) is did a cool project in Durham. Now this. He is going to be competing with his Dad, and its good for Raleigh.
Yes. This is a $ 600 million dollar project. Junior is starting out strong. Raleigh will be seeing many construction cranes in 2022. Downtown, North Hills and Iron Works.
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What a total bust.
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Window framing and glass.
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7 hours ago, KJHburg said:
Life sciences and pharma are better suited with large floorplates for labs and many are in 1 or 2 story buildings. In the old Wework space in Durham ID they are doing some lab space in there but that is the exception.
Longfellow recognizes a strong market for additional lab space in downtown Durham proper. Converting 100,000 square feet of nearly new office space (formerly occupied by WeWork) into wet lab space, in the new ID district, is a costly endeavor; this is in addition to their recently announced office-to-labs conversion in Morrisville. The easiest thing would have been to release it as office space.
Other large downtown Durham buildings with mixed office and lab space include:
The Gregson (202 S Gregson Street): 218,000 sq feet
The Chesterfield (701 W. Main Street): 286,000 sq feet
Per Longfellow:
“Durham is one of the nation’s fastest growing hubs for life science innovation. We are executing a strategic plan for Durham.ID that will serve top companies and research institutions in the region, and bring more jobs to an already dynamic market,” said Longfellow Partner Jessica Brock. “The labs we are building, ranging in size from 8,000 to 10,000 square feet and larger, will address a critical need within Downtown Durham for high-quality lab space, and will complement the incubation spaces that are currently available.”
The company is currently building out the space on spec as demand for lab space around the Triangle continues to grow.
“There's really been a lack of supply in that diverse ecosystem,” Brock said. “As a developer we want to not only build that ecosystem in the suburbs but in downtown Durham. We're proactively building the labs. We’re not waiting to sign the lease.”
5 minutes ago, SlackJack said:-
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On 12/4/2020 at 7:36 PM, rolly said:
Great shots! I'm surprised they haven't started on the cladding yet. No windows at all? Curious, for almost topping out.
They have started the exterior glazing system. You can see it in a couple of the above pics.
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10 minutes ago, SydneyCarton said:
I heard that the Cary Towne Center nearby might get redeveloped too. Right now, it's basically a bunch of crap on pretty prime land. I go there only for Dave and Buster's, which my kids love.
It will be a massive redevelopment by Turnbridge Equities, as described on their website:
Turnbridge Equities acquired Cary Towne Center, an 980,000 SF, 87-acre regional mall located in Cary, NC, just outside of downtown Raleigh, in January 2019. Turnbridge acquired Cary Towne Center in a distressed sale driven by the loss of three of the mall’s five anchor tenants and an unsuccessful redevelopment effort, which left the mall approximately 65% occupied at the time of acquisition. Despite the mall’s distress, Turnbridge saw value in the property’s location in the heart of North Carolina’s rapidly growing Research Triangle, immediate access to I-40 and I-440, Cary’s outstanding demographics, and the secular shift toward walkable mixed-use places. Upon acquiring the property, Turnbridge successfully assembled the unowned anchor parcels, removed the remaining long-term encumbrances, and rezoned the property for up to 4.5 million square feet of mixed-use set amid a walkable urban grid. The new development, Carolina Yards, is expected to break ground in early-2021 with a first phase consisting of over 1.2 million square feet of mixed-use, including residential, office, retail and hotels.
Please visit www.carolinayards.com for more information.
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13 hours ago, Blue_Devil said:
@elrodvt It looks like residencies will begin in spring 2021, the school itself would probably take 18 months to get out of the ground. I am assuming they are going to want to have professors who are top tier to match the current school so hiring might take a while. I expect a fully operational campus by 2023.
I would also expect this to spawn schools of nursing, schools of PT/OT, a PA school, etc, over the years.
I believe Atriums true goal is to compete and/or beat Duke Health. They were trying to do this with the UNC/Carolina Health merger a few years back. Duke Health has to be worried competing with UNC on its home turf, and now surrounded by Novant and Atrium on both sides who will want to expand into the Raleigh market. Their strategic partnership with Wake Med may turn into an absorption of Wake Med to compete.
It will be interesting to see if this turns out to be just another “Charlotte School of Law” situation. Health care organizations generally, and particularly medical schools (or branches) don’t operate under free market principals. Can’t buy your way into success. Very regulated.
Healthcare in the Triangle area is dominated primarily by UNC Health and Duke Health; is known to be intensely difficult for outside organizations to enter this market because of this. Novant has tried unsuccessfully for years. Kaiser Permanente also tried and failed. Other than Wake Med, UNC and Duke own the area hospitals and physician practices. Both Duke and UNC are world renown Tier 1 research universities with very highly rated medical schools and teaching hospitals. In addition to competing with one another, they also occasionally collaborate as they are located only 11 miles apart from each other.
Wake Forest is a wonderful organization, but not a Tier 1 institution.
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On 3/14/2020 at 1:04 AM, JorgiPorgi said:
It would look taller but not that tall. The scale is way off. We are talking ten stories, not 20-30 stories as depicted even from that angle in the rendering. The scaling is dramatically off.
I've already contacted the city, and relayed everyone's concerns about the rendering scale problem. They intend to form a committee to study the problem. Heads will likely roll.
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2 hours ago, NOLA2CLT said:
Article mentioned a 6 story hotel. There was a proposal by the Kessler group a week or two back for a Grand Bohemian hotel...i was merely putting two and two together...it is my own speculation...
This Dominion project is completely different , and has nothing to do with the city's recent RFI on the city-owned parcels. Dominion is buying their land from the NCAE, which is across the street from the city property. I agree that something taller by Dominion would be nice, they have a great track record in DT Raleigh. (PNC Tower, FNB Tower, Charter Square etc.).
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10 hours ago, Green_man said:
Floor-to-floor distance of hotel is less than office space, so keep that in mind comparing a 40-story hotel to 29-story BB&T (office) tower. (Won't really be that much taller). This is also why the 40-story office building to the east looks so much bigger than 40-story hotel tower on the west half of the block. The renderings are off but yall. Its no big deal. These are conceptuals from the city - not even a developer proposing them. I mean the only publicly unveiled proposal so far is the 7 story Kessler hotel.
Whatever is built at this site will likely look nothing like what's in the rendering. That's why I am surprised folks are harping on this. If the office tower is built like it's shown (unlikely) it will be significantly taller than anything else in the adjacent area, and possibly wider as well. Most people would agree that a 40 story office tower would be much taller than the adjacent 30 story office towers, amiright ? Will be interesting to see what the final products turn out to be.
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North Hills / Midtown area developments
in The NC Triangle
Posted
According to their website, Midtown Exchange recently changed their name to "The Exchange Raleigh".