by William Needham Finley IV™

Development Beat: One Two One Fayetteville, Opening Date For Drive Shack

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Brought to you by York Properties


One Two One Fayetteville planned for downtown

Drive Shack opening date set

Free Wine Tasting at Seaboard Wine on 8/10

Women’s International Champions Cup 8/15 and 8/18 at WakeMed Soccer Park – buy tickets now!

South Raleigh SoHi plans

Cafe coming to NC Museum of History

Hotel planned for S. Wilmington

Dog of the Week

Other News – Longleaf opening in the fall, Old Tuffy released

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




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One Two One Fayetteville Planned For DTR

One of the biggest new developments in Downtown Raleigh was recently revealed not through site plans or a rezoning request, but rather a website that goes into great detail about a new 30-story luxury office building known as One Two One Fayetteville.

Developed by Preferred Office Properties, managed by Kane Realty, and designed by Duda Paine architects, this “30+ story landmark-in-the-making heralds a new age of office design to the Raleigh skyline.”

One Two One plans to include street-level retail, a fitness center, a 15th-floor “sky lobby” with an outdoor terrace, private podium parking, and 25,000 square-foot “floor plates” (areas in which an office can be developed). 

Millennials millennialing.

According to its website, One Two One will be “iconic and stately, yet modern in design,” and those aforementioned floor plates will offer “optimal design options and collaboration.”

Located at 121 Fayetteville Street, the land is zoned DX-40, which should allow for up to 40 stories. Kane looks to have already assigned a leasing agent, so they’re at least at the stage of pre-leasing some of the space.



Drive Shack Opening Date Set

Raleigh’s most hotly-anticipated new development has finally announced a grand opening date, according to reports from our Twitter account. 

ITB Insider announced last week on Twitter that Drive Shack will be opening its Raleigh location on August 23 – a likely response to this columnist’s request that they open in time for his birthday, which will be celebrated two days later. 

Plans for the facility were first revealed in May 2017.  In the two-and-a-half years since, it’s been by far the project we’ve received the most questions about, and we couldn’t be more excited to see that it’s finally set to open its doors to an eager public. No word on whether Raleigh’s Webb Simpson will be there to hit the first tee shot.


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Free Tasting at Seaboard Wine 8/10

Our friends at Seaboard Wine are hosting a free tasting Saturday (8/10) from 1:00 – 4:00 pm. Eddie Pellino with the Haw River Wine Man will be behind the bar pouring a selection of store favorites from Italy north to south!

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!


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Women’s ICC August 15th and 18th

Remember how the U.S. Women’s team won the World Cup this summer? Well, a lot of those players will be right in our own backyard as they compete for the Women’s International Champions Cup on Aug. 15th and Aug 18th.

The WICC is bringing four of the best women’s professional clubs from around the world, over 40 Women’s World Cup players, and the 1st Female Ballon D’or Winner to compete at WakeMed Soccer Park.

Don’t miss out on seeing Crystal Dunn, Lucie Bronze, Steph Houghton, and Amanda Sampedro and their teammates play on U.S. soil.

Schedule:

Thursday, August 15, 5:00 pm EDT: Olympique Lyonnais vs. Atlético de Madrid

Thursday, August 15, 7:30 pm EDT: North Carolina Courage vs. Manchester City

Sunday, August 18, 5:00 pm EDT: Third-place play-off

Sunday, August 18, 7:00 pm EDT: Final

Buy your tickets now.
We encourage everyone to support these athletes so they’ll fall in love with Raleigh, move here, and send their offspring to play soccer at Broughton.



Plans For SoHi In South Raleigh

From the creators of Trophy Brewing, Runologie, and more, an interesting mixed-use development is being planned for South Raleigh. Site plans indicated that the new development will include four two-story buildings used for restaurant, retail, office, and light manufacturing.

Although very preliminary, the exterior building sketches done by local design firm Mauer Architecture are quite stylish. Light manufacturing will likely be the development’s biggest tenant, as it’s currently allocated 8,395 of the total 25,000 square feet. Office and retail will take up about 6,000 square feet each, while 4,510 square feet will be dedicated to restaurant use. A total of 66 parking spaces will be provided.

Located at 2701 S Wilmington St., the building was acquired by an LLC known as SoHi in April for around $635,000, per County records. The LLC appears to be linked to our friend David Meeker, co-owner of Trophy Brewing Company, Carpenter Development, and Runologie. 

The project will require the removal of the Blue Oasis Bar & Lounge. Described by one fan as a place where “The DJ is off the chain and the atmosphere is strictly grown and sexy,” the Blue Oasis is housed in a 5,356 square-foot, one-story cinder block building built in 1974.

While some may mourn the loss of the Blue Oasis, it’s hard to argue that SoHi won’t be a more productive and beneficial use of the land, and given Meeker’s track record, we’re excited to see how it turns out. 

Cafe Coming To NC Museum Of History

Our friends over at the Triangle Food Blog are reporting that the NC Museum of History could soon be getting a new cafe.

According to the post, the cafe would be open to all, and not just museum visitors. No additional details on the cafe were available, and we were unable to locate any permits or potential bid requests related to the job. 

Still, we’ll be sure to keep our eyes out, and our fingers crossed that it, like The Daily Planet Cafe at the Museum of Natural Sciences, borrows its name from the pages of DC Comics. The Gotham Greasy Spoon? The Bat Bar? The Fortress of Soda Fountain?



Hotel Planned For S. Wilmington

A 12-story hotel is planned for 603 S. Wilmington Street, around the corner from Miller Law Group, where Stacy Miller fights crime and delivers justice. More than a year after plans were filed for a hotel operating under Marriott’s Element brand, developer Narsi Properties plans to open a dual-brand Hilton Home2 Suites + Tru hotel instead. 

Like Element, Home2 Suites are designed for “longer-stay travelers.” Site review plans show 190 hotel rooms built atop a parking garage containing 184 spaces. Designed by Duda Paine Architects out of Durham, we doubt the hotel will differ much from the Home2 Suites at RDU. Although it is worth noting the project is actually titled “Home2 + Tru Raleigh.” 

Dog of the Week

Other News

In this section, we just embed social media posts from other people. It’s called outsourcing, and it’s brilliant.

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