by William Needham Finley IV™

Development Beat: Moonlight Pizza Closed, Plans Filed for Gables Motor Lodge

in Development by

Brought to you by York Properties


Moonlight Pizza closed

Gables Motor Lodge set for renovation

40-story building coming to Peace & West?

The Wallpaper Bar & Seagull’s Perch are headed to Glenwood South

The Fairweather breaks ground

Mason’s Famous Lobster Rolls coming to North Hills

D.H. Hill is getting a Hillsborough Street entrance

An overview of Raleigh’s growth in 2018

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




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Moonlight Pizza Closed, RIPizza

After serving some of the finest pizza in Raleigh for over 20 years, Moonlight Pizza has closed.

Travis Bailey alerted us to this tragic news earlier today on Twitter.

A sign on the front door indicated that the restaurant is permanently closed.

We aren’t sure why they closed, but they will be missed. RIPizza.


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Plans Filed for Gables Motor Lodge

Developers have filed site plans for the Gables Motor Lodge redevelopment.

In the first edition of the Development Beat, we reported on a plan to sell the beloved Gables Motor Lodge. After much speculation (Mordecai Outraged Over Rumored Buyers of Iconic Property) that included a Dave & Buster’s, a Wahlberg-themed Food Hall, and a Big Lots, a much more suitable plan has been approved by the local Citizens Advisory Committee.

A rezoning case was filed last year to allow for the addition of a pair of two-story buildings, bookmarking the existing lodge and bringing the total number of rooms to 19. Now, a site review plan has been filed shedding some additional light on the project. The expansion would bring the total square footage from 4,987 to 6,458 and will include numerous site improvements.

The developer has noted that they want to make something that “pays tribute to Mordecai,” and in so doing, will try to ensure the iconic Gables Motor Lodge sign out front is incorporated into the project.

We’re eager to see how this project turns out, and although it’ll probably be at least another six months before any kind of renovation begins, we’ll definitely be keeping an eye out.


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Third Phase of Smokey Hollow Could Bring 40-Story Tower

A 40-story tower could be coming to Smokey Hollow Phase III, located on the southeast side of the intersection of W. Peace and N. Harrington.

Few details were available on Phase III until last week, when the rezoning case unveiled potential plans for a 40-story mixed-use tower that will increase the amount of “downtown housing options, as well as the amount of office and retail space for potential tenants.”

If the rezoning is approved as-is, the building could be the tallest in downtown Raleigh, well in excess of 400 feet tall. For reference, the PNC building is 33 stories tall.

Phase I of the Peace & West project will include 400 apartments, ground floor retail, and a Publix grocery store. It is currently under construction and set to be completed in the summer of 2020.

Phase II will include 280 residential units, 225,000 square-feet of office space, and more than 50,000 square feet of ground-floor retail and restaurant space.


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Two New Bars Planned for 110 Glenwood

Permits were issued for a pair of new bars at 110 Glenwood Avenue that could soon result in separate indoor and rooftop venues housed in the 99-year-old building.

The rooftop bar will be named Seagull’s Perch. The permit would renovate just over 1,000 square feet of space both on the second story of the building and, presumably, some existing rooftop space.

The ground floor will be occupied by The Wallpaper Bar. The renovation of the 2,950 square feet required for this bar is estimated to cost just under $170,000.

The same contractor is handling both jobs and the entire building is owned by a singular entity. It was purchased in January 2018 for $615,000 by Glenwood 110, LLC.

Fairweather Condos Break Ground

The Fairweather condos broke ground last week at 525 S. West Street.

The modern condo project is located in the Warehouse district and projected to open in summer of 2020. This is the first condo building built in downtown Raleigh in more than 10 years and is being developed by 4 Line LLC and Greymont Development. Raleigh Architecture Co. is handling the design and Resolute Building Company is handling construction.

The project will have 45 units, ranging from 838 to 2,863 square feet. The first four floors offer one-, two-, and three-bedroom condos, and the fifth floor will feature penthouse suites.

The building is located across the street from the future home of the Sam Jones BBQ restaurant. No word on whether Fairweather residents will be given a meal plan for the restaurant.


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Mason’s Famous Lobster Rolls Coming to North Hills

A franchise serving lobster rolls will make it’s North Carolina debut soon.

Mason’s Famous Lobster Rolls, a seafood restaurant offering up authentic Maine lobster rolls, will be opening next to bartaco in North Hills. The lobsters, fresh from Maine, are prepared no frills and served in a roll, in bisque, on salad, or mac and cheese.

To our knowledge, Mason’s has not conducted a 23andMe test to determine their relation to Morgan Street Food Hall’s Cousin’s Maine Lobster.

Mason’s has seven other locations in Maryland, Delaware, South Carolina, and Virginia.



D.H. Hill is Getting a Hillsborough Street Entrance

In news that isn’t Hillsborough Street getting another luxury student apartment, D.H. Hill is finally getting an entrance facing Hillsborough Street. Legions of students will soon never know the struggle of getting all the way around the original NC State library, only to realize they forgot their phone in the stacks.

NCSU Libraries announced construction has begun on new doors, landscaping, and a secure entrance. The project is set to be complete by the end of the spring 2019 semester.

N&O Publishes 2018 Growth Retrospective

Although we’ve taken a look back at the biggest construction projects and real estate deals of 2018, the News & Observer recently published an interesting look back at 2018 that took into account everything from the number of houses sold to how many new businesses opened over the past year.

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