by William Needham Finley IV™

Development Beat: City Market Renovations, East End Coming To Five Points

in Development by

Brought to you by York Properties


Renovations For City Market

East End Market Coming Near Five Points

BBQ Coming To Gateway Plaza

Seaboard Wine Thanksgiving Picks and Tasting 11/30

Work Begins On Bloc 83 Parking Deck

Aunt Betty’s Gin and Absinthe Bar Opens At Morgan Street Food Hall

Work Begins On Raleigh Beach

Paint The Joel Lane House Red

Outdoor hockey at Carter-Finley?

Union Station Adding More Trains

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




Advertisement

Renovations For City Market

Two historic and currently vacant buildings at City Market could soon be home to a restaurant, care of longtime owner Hakan Market Properties, Inc.

An administrative site review plan was recently filed that would allow for the storefronts at 220 and 224 East Martin Street to be renovated and potentially combined into a brand-new restaurant. Those properties were previously home to a Subway restaurant and the Cofre Consignment Boutique.

Built in the 1920s, both two-story brick buildings have been in the hands of the Hakans since the mid-90s. We reached out to Hakan Market Properties to see if they could shed light on their plans, and quickly heard back from none other than Michael Hakan himself.

“The plan at the moment is to do a complete renovation of the interior, a gut rehab,” Hakan said. “No suite layouts have been finalized, but the plan includes the activation of both the basement, first and second floors, and the rooftop for “Assembly” type uses.”

Assembly use is typically defined as “places used for people gathering for entertainment, worship, and eating or drinking,” so it sounds like a restaurant is definitely in the cards, although nothing has been finalized yet.

Hakan said they would have a better idea of what’s going in the space by January. He noted that the process is “complex and challenging” due to the City’s Unified Development Ordinance and the location in one of Raleigh’s premier Historic Districts.

City Market first opened in 1914, and currently offers a mix of retail, restaurant, event, and gallery spaces.

East End Market Coming Near Five Points

On November 13, 2019, we speculated on the types of tenants that would move into a new development near Five Points. One such tenant was Co-WorkOut. To quote ourselves, “Co-WorkOut – Raleigh has some great co-working spaces that provide office space for a variety of businesses. But none of these spaces provide exercise equipment. We also have a plethora of fitness options, from barre classes to spin classes. Again, why has no one combined the two? Co-WorkOut would provide office space and fitness classes under the same roof.”

It turns out our prediction was almost exactly right, we were just 1.2 miles off. East End Market, a new mixed-use project near Five Points, has announced the addition of Common Desk, a Dallas-based co-working company. According to the Common Desk website, “We bring together the key things you experience in any given workweek– office space, coffee, and fitness– and power them with our hospitality-oriented staff, culture, and technology.” Not to brag, but awards for this type of prediction journalism don’t even exist yet.

As for the project itself, East End Market will be a redevelopment of an industrial space near Lynnwood Brewing on Whitaker Mill. The project will include 65,000 square feet of mixed-use space for offices and restaurants. Common Desk has signed on for over 28,000 square feet of that space.

We reached out to our friends at Atlas Stark and SLI Capital, both Raleigh-based firms, who are partnering on the project. Trey Adams, Managing Partner at Atlas Stark, spoke to us about the project.

“The vision for East End Market is a historic but trendy infill lifestyle neighborhood. The project will be a destination with authentic spaces, dining, and entertainment — similar to West Midtown and Fourth Ward in Atlanta, Germantown and 12 South in Nashville or Union Market in DC. We believe it will provide a vibe and amenity base not currently present in Raleigh.”

SLI Capital and Atlas Stark purchased the property for over $3.5 million in 2018. Construction should begin early next year and is expected to be complete by the fall. Catherine Easter with Atlas Stark is handling lease inquiries for the project.

BBQ Coming To Gateway Plaza

Wyatt’s Whole Hog Barbecue is coming to Gateway Plaza, according to Ashton Smith’s newsletter, according to Triangle Food Blog, and according to Jennifer Noble Kelly. 

This will be the second restaurant from Picnic’s Wyatt Dickson. Wyatt’s Whole Hog Barbecue will be located in Gateway Plaza and should open in the fall of 2020.



Seaboard Wine Thanksgiving Picks And Tasting 11/30

Our friends at Seaboard Wine at HighPark Village have released their highly anticipated wine selections for Thanksgiving. They’ll also be hosting a tasting on 11/30 from 1:00 pm to 4:00 pm. Melinda Kate Callaway from BFR Distributing will be pouring some store favorites for the holidays (and post-Thanksgiving leftovers) from Austria and France, all discounted 20% off by the case mix & match, including:

Hillinger Pinot Gris; Burgenland, Austria
Pascal Bonhomme Viré-Clessé; Burgundy, France
Steininger “Young” Sparkling Rosé; Kamptal, Austria
Anton Bauer Zweigelt; Wagram, Austria
Hillinger Pinot Noir; Burgenland, Austria
Chateau Platon; Bordeaux, France

Seaboard Wine’s 23rd Annual Champagne Tasting will be held on December 4th and 5th from 7:00 pm to 8:30 pm or 7:30 pm to 9:00 pm. They will be sampling Champagne and sparkling wines from around the world. Admission is $39 per person. Visit their Eventbrite to reserve your date and time.



Work Begins On Bloc 83 Parking Deck

Two months after Whiting-Turner began building out Tower 2 for Hillsborough Street’s Bloc 83 development, the contracting firm has started work on the project’s West Parking Deck.

We first reported on plans for this parking deck, which will include ground-floor retail, back in October of 2018. The new 8-story parking deck (or should it be “parking dec”?) will be located at 701 Hillsborough Street, a site that was for years home to Allen’s Automotive.

Site review plans filed last October described a 267,333 square-foot structure that would stand nearly 90′ tall and provide 693 parking spots. Four retail spaces totaling 8,472 square feet will be located on the ground floor.

A closer look at the renderings reveals where the four retail spaces are planned, as well as the existence of a “Trash Room.” Seems like the developers thought of everything on this one.

This parking deck is the fourth structure that’s part of the Bloc 83 project. While the name might sound like something out of a dystopian sci-fi novel, it’s apparently part of an overall rebranding meant to pay tribute to the number assigned to this group of properties back when the city was divided into blocks in the days of yore.


Advertisement

Aunt Betty’s Gin and Absinthe Bar Open At Morgan Street Food Hall

Morgan Street Food Hall welcomed a new addition last week. Raleigh’s newest gin and absinthe bar is Aunt Betty’s. We learned from an exclusive press release that Aunty Betty’s will celebrate the history of gin, promoting its Dutch roots and vast ties to North Carolina. Founder, Niall Hanley, named the bar after his Irish Aunt Betty. 

The bar will feature unique gins and distinctive tonics. Original blends will include ingredients such as Fentimans Pink Grapefruit and Botanical tonics, and Hayman’s Old Tom gin. The artisanal cocktails will be created by Gregory Ewan, managing partner. Aunt Betty’s is located next to Iyla’s Southern Kitchen, with an additional entrance on Morgan St.


Advertisement

Work Begins On Raleigh Beach

More than four years after plans were filed for a new apartment complex in East Raleigh, work is finally underway on the Villages at Raleigh Beach.

A group of 33 permits were issued to the Halle Building Group earlier this month for the construction of 17 multifamily buildings, nine garages, a car wash, and a trash compactor for a 58 acre site along Raleigh Beach Road. 

The Halle Building Group is also the project’s developer, and one of the firms behind the latest round of plans for the Olde Towne development in Southeast Raleigh.

The most detailed information we could find comes from the 2015 site plan, and we imagine a lot has changed since then. Those plans detailed a total of 392 residential units, the majority of which will be one-bedrooms, although a 2017 report from Colliers International states that the Beach Road apartments will have a whopping 486 units. 

We’ve reached out to Halle for additional details and will keep our eyes peeled for any additional permits issued for this new complex. 

Paint The Joel Lane House Red

Raleigh’s oldest house is about to get a new coat of paint. Best known as the man who sold North Carolina’s general assembly the 1,000 acres that would become the state capital, Colonel Joel Lane was also the owner of what was then known as “Wakefield” – the largest residence in what was then known as Bloomsbury (currently the intersection of Morgan Street and South Boylan.)

“Wakefield,” now known as the Joel Lane Museum House, was eventually relocated to West Hargett Street in 1927, where it has been maintained as a historical structure ever since. 

New research by the home’s present-day owners (the National Society of the Colonial Dames of America in the State of North Carolina) revealed that “250 years ago, Joel Lane chose a rich, distinctive, dark red – almost garnet – for the siding of his new house. Tan trim highlighted the drama of the unusual hue. The result is a handsome facade, fitting for a home reportedly called the “Best House for 100 miles.”

The society announced last week that the house will be restored to its original 1796 colors, as part of a “major restoration that will begin in the coming weeks.”

Per a press release, “The research that revealed the original colors is the result of a major preservation project made in conjunction with the house’s 250th anniversary. JLMH embarked on a mission to replace the house’s current, failing paint in order to save the wood beneath.” 

Exhaustive research (you can read more here) into the house’s countless layers of paint was conducted before some samples “revealed as many as twenty-six layers of paint, representing all 250 years of the house’s history.”

“In the winter of 2019-2020, we will undertake an enormous preservation effort: to remove the old paint, repair and stabilize the wood beneath, and refresh the house’s appearance with a new coat of protective paint. With our newfound information, we will be able to restore the original color the Lane House wore in 1796. The oldest house in Wake County will be red once more.”

Other News

Outdoor hockey at Carter-Finley?

Carolina Hurricanes fans have been dreaming of watching outdoor hockey for years. The picture below made the rounds on Twitter and led many to speculate that an outdoor hockey game might soon be a reality. Yahoo! Sports picked up the story, but it doesn’t sound like there’s any official news at this point.

Union Station Adds More Trains

Union Station will be home to the North Raleigh Model Railroad Club’s N Scale Model Railroad Display every weekend through the end of December, 10:00 am to 5:00 pm. This display is family friendly and free to the public.


We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.

Leave a Reply

Your email address will not be published.

Latest from Development

Go to Top