by William Needham Finley IV™

Development Beat: Bellwood Deal Falls Through, Sam Jones BBQ Coming To Raleigh

in Development by

Brought to you by York Properties


Bellwood Apartment Deal Falls Through

Sam Jones BBQ Coming to Raleigh

Plus Dueling Piano Bar Set to Open Soon

Rollins’ Cleaners Demolished

Art Coming to Union Station

Lonerider Building A Distillery In Wake Forest

To be featured in the Development Beat, contact business@itbinsider.com.


Tickets available for the Jingle Ball, held December 5th at the Museum of Natural Sciences


Bellwood Deal Falls Apart

Plans to tear down the Bellwood Condominiums behind Cameron Village and replace them with apartments won’t be moving forward any time soon.

We first broke the news of the possible development at Bellwood back in August. The plans were for a 4-story apartment building containing 349 units and 520 parking spaces.

Those plans were contingent on the current residents of the Bellwood Condominiums selling their property. It turns out one resident didn’t want to sell.

“It’s been a nightmare,” said a frustrated Bellwood resident that we obtained an exclusive DM interview with. According to our Insider source,

“50 out of 51 homeowners were in favor of the sale. The lone holdout wanted upwards of $685,000 on top of what he/she was already going to be making. Each owner was going to get $294,545 per unit they owned. Now everyone is stuck paying $500 in HOA dues because of the lawsuit settlement and reserve study that was done. This will more than likely last over the next 7 to 10 years if Bellwood cannot sell as a whole.”

We have a feeling at least one Bellwood resident won’t be invited to the neighborhood holiday party.


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Sam Jones Brings BBQ to Boylan Heights

Sam Jones is opening a Sam Jones BBQ at 502 W. Lenoir Street in Boylan Heights.

In late September, a rumor surfaced that Jones, of Sam Jones BBQ and Skylight Inn, might be opening a restaurant in downtown Raleigh.

Last week, the News & Observer reported that the James Beard semifinalist is hoping to open his restaurant by next fall and that the new location will serve the same menu as its Winterville location.

We reported on the progress being made on the new location, a property being developed by James Goodnight, in last week’s Development Beat. Special thanks to Brian Wallace, of York Properties, for brokering the deal and bringing good BBQ to Raleigh.

We’re pretty sure Jones was drawn to Raleigh due to its growing food scene, which recently received another accolade when Mary Allison Marlowe won a James Beard award for her Thanksgiving dinner.

 

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Piano Bar Opening Soon On Glenwood South

PLUS Dueling Piano Bar could soon be opening on Glenwood South, bringing live piano music downtown for the first time since Rum Runners closed last year.

We first reported on PLUS back in May. Last week, the establishment received an ABC Inspection, one of the final steps before being able to open to the public. We imagine you’ll be able to hear Billy Joel and Elton John tunes drifting out of 510 Glenwood pretty soon.


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RIP Rollins’ Cleaners Building

RIP to the Rollins’ Cleaners building on Peace Street. The building was demolished to make way for the next phase of Kane’s Smokey Hollow Development.

Rollins’ Economy Cleaners had been operating out of the same location at 407 W. Peace for more than 70 years, and was one of the last businesses in that strip along Peace to be torn down.

The one-story, 6,210 square foot brick-building that was originally constructed in 1940 was demolished by DH Griffin Wrecking Company.


Seaboard Wine Tours Italy With ITBlake

Our friends at Seaboard Wine at High Park are currently touring Italy to find the best wines to bring back to Five Points. They were gracious enough to take ITBlake the intern along with them. Don’t worry, they didn’t let him test any of the wines, even though it would have been totally legal to do so in Italy. We look forward to seeing what they bring back.


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Canopy Art Coming to Union Station

The plaza at Raleigh’s Union Station will soon be getting some new canopy artwork.

City Council today will accept a gift of $550,000 from the late Victor and Carolyn Cavaroc that will be utilized to complete the Canopy Public Art Project at Union Station.

Per City staffers, “this generous gift to the City of Raleigh, in support of the public art proposed for Union Station Plaza, will serve as a fitting memorial to a couple dedicated to the arts and who traveled the world throughout their lives. The canopy artwork creates a gathering and event space, provides shade to the plaza, and frames a beautiful connection between the City and the station.”

According to a staff memo, “The artwork is directly related to a celebration of Raleigh’s industrial past and, in particular, the railroad heritage of the Warehouse District. Furthermore, the proposed art references the decorative ceilings found in many historic train stations across America.”



Lonerider Opening Distillery In Wake Forest

Lonerider Brewing Company is expanding. They recently announced plans to open their own distillery in Wake Forest called “The Hideout”.

The Hideout will be located in The Factory. The taproom will have 3,100 square feet of space inside and around 5,000 square feet outside.

The taproom will host many of Lonerider’s beers and feature an outdoor beer garden with the option to buy food from food trucks. It will also carry the six new beers that are released throughout next year.

More details and a special announcement about the venue to come in early 2019, which will be Lonerider’s 10th anniversary.

2 Comments

  1. Bets that the Bellwood deal fell through because of the owner named “ITB Rentals, LLC” on the Wake tax site? 😉

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