by William Needham Finley IV™

Development Beat: Inside the New Wegmans

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Brought to you by York Properties

Inside the new Wegmans

Condos planned for Cameron Village

Weaver Street Market opened in DTR

Wine tasting at Seaboard Wine (9/28)

Five Points warehouse sold for $3.8 million

Capital comeback?

Yacht Club opening soon

Five Star Restaurant moving

Healing Transitions Day of Giving this Friday 9/27

Other News

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Inside The New Wegmans

It’s so close that you can almost taste it. The long-awaited and much-anticipated Raleigh Wegmans plans to open this Sunday in SOJO (South of Trader Joe’s). We got an exclusive tour. Here’s everything we think you need to know.

There is a wine room, a burger bar restaurant, and a “bar” for every food group imaginable. We saw an olive bar, a sushi bar, a sandwich bar, a burger bar, a salad bar, a hot bar, and a bar bar.

This sign says “Kale’ellujah”

They have Old Tuffy

They make their own tortillas

There’s a sandwich bar

An entire section is devoted to charcuterie

There’s a Seafood bar

They have ITBlake the intern’s favorite food

They can spell “Raleigh”

The “smaller-than-average” Wegmans – just over 100,000 square feet – is located at the back of the new shopping center that will include about 21 retail and restaurant spaces and a 700 space parking deck.

There’s a facade that runs along the ceiling of the store that makes you feel like you’re in Epcot at Disney World. The manager who gave us a tour said people have camped out to be the first customers when a new store opens. We aren’t going that far, but we’ll support just about anything that gets us 600+ likes on an Instagram post.

Condos Planned For Cameron Village

The Cameron Village apartments will soon be turned into The Woodburn, a collection of one-bedroom condominiums. The Cameron Village Apartments were built in the 1950s and are located at the intersection of Smallwood Drive and Daniels Street, just north of the Harris Teeter and Felson’s (RIP). 

The project will be a demo and reconstruction of the original apartments on the original foundations, with some adjustments to meet today’s codes. This allows for better insulation, higher ceilings, new windows, and more, while allowing the project to preserve the scale, site, trees, and setting of the originals.

When all three phases are complete, the project will have 72 one-bedroom condos modeled on the original buildings, but with all new construction. Each unit will have its own laundry room and private deck as well.

The Woodburn is being designed by New City Design, built by McDonald York Building Company, and marketed by Allen Tate Realtors.

“New City is proud to be part of The Woodburn team. This one of a kind project respects the best of Cameron Village’s scale, character, and history, while offering brand new, state of the art construction and detailing,” said Ted Van Dyk, head of New City Design.

Permits valued at $1.7 million for the first phase of The Woodburn were applied for by the McDonald-York Building Company in July, and it is expected that the first half of the project will be completed by the second quarter of 2020. 

While we haven’t seen any interior renderings of the new units yet, if they can make the place look half as good as this vintage advertisement for the original apartments, we’re all in on this place. 


Weaver Street Market Opened In DTR

The long-awaited Weaver Street Market has opened in downtown Raleigh. We broke the news of the ambrosia bar last week at a super exclusive preview event.

We also broke the news of the sign being installed in August. We assume our Pulitzer is in the mail.

Tasting at Seaboard Wine 9/28

Our friends at Seaboard Wine at HighPark Village are hosting a free tasting this Saturday (9/28) from 1:00 pm to 4:00 pm. Neal Thornton, with Sour Grapes Importers, will be pouring an eclectic selection of wines from Slovenia, France, Spain and Croatia to get you ready for fall cooking and cooler weather ahead!

All wine sampled at the tasting bar is discounted 10% off by the bottle and 15% off by the 1/2 case mix or match for you to take home and enjoy. Make Seaboard a part of your Saturday routine!


Five Points Warehouse Sells For $3.8 Million

A warehouse in Five Points sold for $3.8 million. Marcus & Millichap, a commercial real estate investment services firm, announced the sale of the 45,808-square-foot industrial property at 1501 Sunrise Avenue.

The warehouse building was constructed in 1954 and sits on 3.07 acres. At the time of the sale, the property had 13 units and was 98-percent leased to local tenants.

“The Sunrise Avenue warehouse was a unique opportunity for investors because it’s an operating warehouse on three acres in the Five Points neighborhood,” says Andrew Margulies, first vice president investments in Marcus & Millichap’s Raleigh office. “Having the opportunity to acquire that much land inside the beltline is rare….” (we cut off the rest of the quote because they used the term “Raleigh-Durham”).

Margulies had the exclusive listing to market the property on behalf of the seller, a Raleigh-based limited liability company. The buyer, a Raleigh-based commercial real estate investment and management company, was self-represented.

Capital Comeback?

A long-dormant redevelopment project may finally awaken from its 14-year slumber, thanks to a recently filed rezoning case. Capital Plaza at 2815 Capital Boulevard has sat vacant since 2005. Although auctioned off in 2011 to the development firm CB Hotel, nothing has been done at the site. The most action it’s seen has been the production of a few urban exploration videos on YouTube. (There’s another you can check out here.)

Rezoning case Z-35-19 could change all of that for the 8-acre site. While it would not change the base zoning conditions – it is currently zoned and will remain CX-5 (conditional use with a maximum height of five stories) – the case will remove existing restrictions that prevent residential development. 

Although County records indicate the property is still in the hands of CB Hotel, the rezoning application was filed by Alliance Residential, one of the nation’s largest private multifamily developers. We heard that Alliance may be in the process of purchasing the property from CB, but have not been able to confirm this. Alliance is currently transforming the vacant old Crown Park Hotel in Durham into the 342-unit luxury Broadstone Durham apartment complex. 

While the owner had previously paired with a developer by the name of Tryon Ventures in hopes of turning the property back into a hotel, it appears as if those plans are now as abandoned as the hotel itself. 

The old Capital Plaza Hotel saw a number of incarnations over the years, including time spent as a Holiday Inn, Doubletree, and, briefly, as the Hotel Europa. Despite its chic surroundings and pedestrian-friendly atmosphere – two pawn shops within walking distance – the final concept lasted less than a year.

We can’t imagine City Council would deny a rezoning application for a project that could bring relatively affordable housing to a space so close to downtown and within walking distance of shopping, a grocer, a post office, and a prominent bus line. However, the majority of the City Council has no idea what they are doing and could possibly turn this into a political football. Time will tell.

Yacht Club Opening Soon

Just over a year after site plans were filed for what’s now being called the Johnson Street Yacht Club, its owners have announced that the brand-new two-story bar will soon open to the public. 

Among its many offerings and amenities, JSYC will be hosting “Bachelor Nation” every Monday night, which makes it sort of a shame the place didn’t open a few weeks earlier, as this would have been the perfect place to catch the dramatic finale of Bachelor In Paradise. Blake did nothing wrong!

Renovations on the 2,698 square-foot space, along with the addition of a 608 square-foot second story, were overseen by CHC Builders. What’s really worth noting, however, is just how incredible Johnson Street Yacht Club’s website is. Any sort of description would do it a grave injustice, so all we can do is recommend you click here. Be sure to sign the guest book and check out those sweet cat pics before you leave.

Five Star Restaurant Moving

Five Star Restaurant is moving on up to the North West side and into the newly renovated 303 N. West Street. 

Five Star originally opened in 2000 at 511 W. Hargett Street and quickly made a name for itself with its authentic Chinese dishes. Five Star is expected to open in the 3,685 square-foot space at 303 N. West in the second quarter of 2020. 

Healing Transitions Day Of Giving

On Friday, September 27th, local nonprofit Healing Transitions will be capping National Recovery Month off with a Day of Giving, where they are raising money to help give 80 people their first month of recovery. Thanks to the generosity of an anonymous donor, they have secured a $20,000 Day of Giving match, which will double donations up to $20,000 on Friday.

Healing Transitions is a 501(c)(3) nonprofit organization which serves homeless, uninsured, and underserved men and women struggling from alcoholism and other drug addictions. They serve more than 300 individuals every day and offer peer-based, recovery-oriented services to those in need. They also offer family services for families who have been affected by addiction.

All month long, Healing Transitions has been celebrating recovery and raising awareness to help break the stigma of addiction. They set out at the beginning of the month to raise $80,000 to give 80 people their first month in recovery.

Learn more about you can donate on the Day of Giving here:

Other News

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