by William Needham Finley IV™

Development Beat: Wine & Design Coming To Union Station, Burial Beer Opens in Raleigh

in Development by

Brought to you by York Properties


Wine & Design coming to Union Station

Former Broughton parking lot to become duplexes

Dix Park draft Master Plan released

Burial Beer opens in downtown Raleigh

Falafel & Co. to replace Brookside Market & Pizza

Top 5 costliest construction projects of 2018

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




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Wine & Design Coming To Union Station

Wine & Design is planning to move into Union Station.

City Council was presented with an agreement that has been reached for Raleigh-based Wine & Design to relocate its corporate headquarters to the upper mezzanine area of Union Station. Wine & Design has been a go-to group activity for years. Their success even led them to a “Shark Tank” appearance where they struck a deal with Mr. Wonderful, Kevin O’Leary.

The 2,700 square foot Union Station location (managed by our good friends at York Properties) would be used both as their new corporate headquarters and as an expanded retail event space.

In an exclusive interview, we spoke with Wine & Design CEO and Founder Harriet Mills about the news. “We are super excited! We are going to have our headquarters there and will be training new franchisees and interviewing potential franchisees on our Discovery days. We are excited to show partners and potential partners how beautiful and cool downtown Raleigh is. I am super proud of my town and glad we can support it.”

They also plan to open a Wine & Design studio, where guests can come and make art. “The event space is beautiful. We have big plans and can not wait to share with the Raleigh community. So stay tuned!” said Mills.

In the meantime, Wine & Design is holding classes and private events at their current headquarters off of Glenwood Ave.

La Croix Wine and Design Class Sells Out In Seconds

 


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RIP York Parking Lot

RIP to the York Parking lot.

The property at 809 Brooklyn Street had been managed by our friends at York Properties for years and was home to nearly 60 prime parking spots for Broughton students. The property is being redeveloped by Selwyn Property Group, who plans to build two duplexes on the lot.

For all former Broughton students who wish to pay respects to the parking spaces, a Tahoe and Yukon headlight-lit vigil is scheduled to be held Wednesday evening.


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Dix Park Master Plan Released

The Dix Park draft Master plan has been released and, surprisingly, there is absolutely no mention of dinosaurs.

You can view the plan here, where you won’t even find a rendering of a statue of  T-Rex, brought to you by Rex Healthcare (we already thought of corporate sponsors). We aren’t going to jump to conclusions and handcuff ITBlake the intern to the park entrance yet. There is still time to provide feedback and input before the final community meeting on February 6th.

 

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Burial Beer Opens in Downtown Raleigh

“Hey honey, yeah we’re at Marbles right now. No you can’t talk to her, she’s busy doing learning and stuff.”

Burial Beer Company has opened “The Exhibit” next to Transfer Co. Food Hall on E. Davie Street.

We obtained an exclusive press release and learned that The Exhibit is “a boutique gallery” for Burial’s beer and art. Visitors should consider this a “permanent outpost for can releases where people can come and obtain small batch releases to share and commune outside of the confines of our walls.”

Located at 500 E. Davie St. Suite 170, their hours for this week are: Thurs-Friday 4-10pm, Sat 2-10pm

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Falafel & Co. Replacing Brookside Market & Pizza

Falafel & Co. is moving into the old Brookside Market & Pizza spot.

We reported last week on some rumors on Nextdoor that turned out to be true. This family-owned establishment is co-owned by Nasser Bahhur and Basem Hadi, and features Palestinian cuisine. According to their Facebook,

“At Falafel & Co, we want to provide a “discovery experience” by connecting cultures through a craveworthy culinary experience. Our commitment is to be your guide to exploring the best flavors of the Middle East, the best of Palestinian cuisine with generous servings of our authentic dishes to include fresh pita, crispy falafel, savory kufta, and our signature dips and salads. We embody the true spirit of Palestinian hospitality.”



Five Costliest Commercial Construction Projects of 2018

Editor’s Note: The data used for this was pulled from City and County permit and real estate records. Some permits and records may have been incomplete or erroneous; that is to say, the numbers below are more of a close approximation.

More than 1,900 permits with a total value in excess of $839 million were issued between January 1 and December 28, 2018 for commercial construction projects within the city limits. These are the five most expensive:

5. Peace & West AKA Smokey Hollow Phase 6

Kane Realty’s new West Street mixed-use development has a lot going on. While we’re pretty sure the entire project is called “Smokey Hollow,” one residential part of the development is known as “Peace & West.” The $30 million+ project would add 182 residential units to the development.

4. Wade Park V Office Building

The last time we wrote about this project was back in 2014. The development, which includes residential, retail, and office space located off Wade Avenue near the PNC Arena, has continued to grow.

In October, permits valued at more than $32 million were issued to the Choate Construction Company for the construction of the six-story, 209,145 square foot office building known as the Wade V. 

The new office building is expected to open in Spring of 2020.

3. The Standard at Raleigh

Earlier this year, Landmark Properties tore down the former home of the North Carolina Equipment Company at 3101 Hillsborough Street, a building best known for its iconic rooftop tractor sign.

The teardown was the first step in building The Standard, a five-story, 232-unit student apartment complex that will include a parking deck and ground-floor retail. In August, permits valued at $44.5 million were issued to Landmark’s construction arm for foundation work on The Standard.

According to the rezoning case for the project, the tractor sign will be placed on the Hillsborough Street frontage and lighted, thanks to the work of ITBlake the intern.

The N&O Praises Intern For Saving Iconic Sign

2. North Hills East Tower IV Office Building

North Hills  Tower 4 in the Park District of North Hills will be a 20-story building fronting Six Forks Road. Permits for the new office tower were valued at more than $50 million and issued to Holder Construction Group in September. It is expected to open in Spring of 2020.

1. First National Bank Building

In May of 2018, the new 22-story FNB Tower on Fayetteville Street officially broke ground. The tower will have 239 residential units spread throughout 13 stories, six stories of commercial office space, and two floors of amenities/tenant storage space. Developed by Dominion Realty Partners, the building will serve as the regional headquarters for First National Bank.

Permits for the new 22-story building were valued at more than $67 million and issued to Choate Construction Company.

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