by William Needham Finley IV™

Development Beat: HQ Raleigh Coming to Gateway Plaza, Broughton Turns 90

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Brought to you by York Properties


HQ Raleigh coming to Gateway Plaza

Drive Shack to begin hiring

City Limits becoming CityBar

Longleaf Swine coming to Transfer Co. Food Hall

Moore Square update

Broughton turns 90 years old

Phase II of Lake Boone project is underway

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




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HQ Raleigh @ Gateway

HQ Raleigh at Gateway Plaza

HQ Raleigh is coming to Gateway Plaza. The 20,000 square foot space will be known as HQ@Gateway and is scheduled to open this summer.

Located at 2409 Crabtree Boulevard, HQ Raleigh will be the anchor tenant of Gateway Plaza. It will offer flexible office space, a 150-person event space, a 50-person classroom, and so much synergy it will make your head spin.

In a press release, HQ Raleigh founding partner Jason Widen said, “We’re thrilled to add this exciting new project to HQ Raleigh’s portfolio of community spaces. The unique space allows us to accommodate larger teams of up to 60 employees as well as support entrepreneurs coming in from other parts of the city who need ample parking and convenience.”

As we’ve mentioned previously, our friends at York Properties are leasing the Gateway Plaza, which was purchased by LODEN Properties in 2016. LODEN began renovating the property last year. They’re also behind the renovation of the old downtown Days Inn.


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Drive Shack Builds A Trailer

Drive Shack Raleigh Now Hiring

It looks like Drive Shack will be opening soon (we’re guessing in 2019). Permits were issued last week for the construction of a trailer at the facility’s site that will be used to interview job applicants.

Although it’s a good sign they’re starting the hiring process, the need for a $5,000 trailer means the facility’s interior probably isn’t suitable for hosting job interviews.

The Topgolf competitor’s plans to open in Raleigh were announced exclusively here on the Development Beat. The 63,885 SF, $8 million facility is being built by Ashland Construction and will be located on Corporate Center Drive in West Raleigh next to Interstate 40.


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From Saloon to Bar

City Bar West Morgan Street

The City Limits Saloon, a popular country music venue off West Morgan Street, will soon be reopening as the CityBar, an all-genre performance and event venue.

Per its website, it looks like the first event at CityBar is scheduled for March 30. The event is an after-party for the Playthrough Gaming Convention. We imagine it’ll be quite the rowdy crowd. We’re unsure what they plan to do with the mechanical bull.


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Longleaf at Long Last

Dad Outside Longleaf Swine Raleigh

The folks behind a popular barbecue food truck will soon open a space at Transfer Co. Food Hall. Longleaf Swine will occupy a space that serves meat, a staple of ITBlake the intern’s diet.

Longleaf Swine began in 2016 as a whole hog barbecue and smoked meats food trailer serving the Raleigh area. Adam Cunningham, owner and operator, teamed up with Pit Master Marc Russell to “bring smoking back to the basics and focus on the traditional technique of whole hog, all wood methods.”

They’ll soon have a permanent spot in an 840 square foot space in Transfer Co. Food Hall that features a 10-person counter. Cunningham told The News & Observer that this was the logical next step towards a larger brick-and-mortar space. “We’re trying to get a bigger brick-and-mortar and thought this was the best next step for us,” Cunningham said. “We love everyone in (Transfer Co.).”


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Moore Square to Reopen This Summer

Moore Square Park Cafe

The newly renovated Moore Square Park is set to reopen late this summer, following nearly two years of construction.

American South General Contractors is roughly 75% finished with the renovation, according to a report given to City Council last week. ASGC is now focusing on the cafe, the trellis, and the play and fountain areas of the project, which are about 60% complete.

Empire Eats, the group behind The Pit, Raleigh Times, Gravy, and more, will be leasing the cafe on the property. No word yet on what kind of fare they will be bringing to the park.

Moore Square Park Raleigh

Despite all this forward progress, the project did hit a bit of a snag during the demolition process of the Martin and Blount Street sidewalks, when a mysterious vault was discovered underground. Was this the location of the power source of the Raleigh Weather Dome?

It turns out it was an old utility vault. Unfortunately, the upgrade of the vault was not included in the scope of work related to the Moore Square project, and the upgrades will cost an additional $240,000. The overall project budget was around $12.5 million.

Broughton Turns 90 Years Old

The greatest school on the planet is turning 90 years old. Broughton will celebrate its 90th birthday on March 23rd with a gala held at The Fairview.

Join your favorite alumni, staff, and friends to celebrate this remarkable milestone. Tickets are available here.



Phase II Begins For Cross Creek at Lake Boone 

Phase II of the massive development at Lake Boone is underway. Permits were issued last week for the construction of the Hanover Woodlake apartments.

Located adjacent to Rex Hospital, the complex will offer 316 units (225 one-bedroom units, 73 two-bedrooms, and 18 three-bedrooms) spread across five 4-story buildings. This sort of breakdown usually points to a more upscale complex.

This marks the start of Phase II of the Cross Creek at Lake Boone project, which itself is part of a larger 34-acre redevelopment that is “approved for up to 800 residential units and 100,000 SF of commercial space, with entitlements for 239 units and 61,555 SF for the remaining 8.18 acres,” according to marketing literature for the development.

Phase I of the Cross Creek project included the TriBridge apartments, along with a Panera Bread, and a CVS.


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