by William Needham Finley IV™

Development Beat: Live Backstage at Red Hat Amphitheater, CAVA Opens in Cameron Village

in Development by

Brought to you by York Properties


Live Backstage At Red Hat Amphitheater

CAVA Opens In Cameron Village

Seaboard Wine Turns 22

Tearing Down Caswell Square

Ashe Avenue Apartments Underway

Apartments Planned Near Lake Johnson

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




Advertisement

Live Backstage At Red Hat Amphitheater

Raleigh residents could potentially live backstage at Red Hat Amphitheater. No, this isn’t a Fyre Festivalesque offer of exclusive backstage access from Willy McFinley. A developer has announced plans to build housing on the property located directly behind Red Hat Amphitheater.

Taft Development Group recently spent over $5 million on 301 W. Cabarrus, the former home of the Owens Roofing Company building, with plans to build either condos or apartments.

According to the Triangle Business Journal, early plans call for 184 residential units and “more than 10,000 square feet of retail or adaptive reuse of the existing warehouse with more than 22,000 square feet of retail, office, and collaborative work space.”

We think this is a great use of the property. However, living so close to a concert venue has its pros and cons. We highly recommend these Bose noise canceling headphones for any future buyers.


Advertisement

CAVA Opens In Cameron Village

The grand opening for CAVA Cameron Village was held on Monday. Located in the former home of Blockbuster Music, the new restaurant is now offering delicious Greek and Meditteranean food right in the heart of Cameron Village.

CAVA is located at 403 Daniels Street. Their menu features everything from salads and pitas to protein choices that include lamb, beef, and chicken.

View this post on Instagram

✨ BIG NEWS ✨ see you Monday @cava #cvtrendreport

A post shared by Cameron Village (@shopcameronvillage) on


Advertisement

Seaboard Wine Turns 22

Our favorite wine shop turned 22 over the weekend. Seaboard Wine celebrated their 22nd anniversary with a sale and a special guest (no, it wasn’t ITBlake the intern).

Sergio Sabater from Bodegas Luzon in Jumilla, Spain made his famous Paella, which paired perfectly with his Monastrell based wines.

Here’s to another 22 years!


Advertisement

Tearing Down Caswell Square

Caswell Square will soon look drastically different. Caswell Square was one of five original public squares in downtown Raleigh. Today, it consists of parking lots and buildings, some of which will soon be demolished.

The State approved the teardowns in a recent Council of State meeting, according to the News & Observer. Set for demolition are a building once used as a broom and mattress factory, the old film library building, and the Oral Hygiene building. The News & Observer has a thorough article on this topic, and also explains the naming behind the Oral Hygiene building: “The odd name stems from the building’s original use: Headquarters for a dental hygiene education program that launched in the 1940s. School children visited the building’s dental health museum, known as “Little Jack’s House” because of the star of a puppet show performed there.” We’re unsure of who covered future therapy bills for the children that had to experience this.

In 2016, talks were underway for the site to be redeveloped, although this eventually fell through. Leo Suarez at the Raleigh Connoisseur did a great writeup on Caswell Square at the time and included his thoughts on what the future should hold for the site. There are currently no plans for the site that we know of.



Ashe Avenue Apartments Underway

Sitework appears to be wrapping up for the new 104 Ashe Avenue Apartments, a 16-unit complex near the old IHOP on Hillsborough Street.

According to plans filed in 2017, 104 Ashe Avenue will be a five-story, 17,665 square foot apartment building that will sit on a .24 acre lot. It will have 5 one-bedroom, 7 two-bedroom, and 4 three-bedroom units.

104 Ashe sits behind the recently completed 109 Park Apartments off Hillsborough Street. Both complexes are being developed by FMW Realty, a Charlotte-based firm. Both complexes were designed by Studio Fusion architects.


ShopITB.com

Apartments Planned Near Lake Johnson

Site plans were filed earlier this month for Vintage Jones Franklin, a new multifamily housing development near Lake Johnson.

According to the plans, Vintage will include 276 residential units spread across a series of three and four story buildings. The massive development will take up a whopping 352,648 square feet of space, and, at its tallest, stand about 60′ high.

The majority of the units – 175 of them – will be one-bedrooms, with 94 two-bedrooms, and seven three-bedrooms. 440 parking spaces will be provided, which sounds like it should be enough.

The apartments are being developed by Greystar Real Estate Partners under the “Vintage” brand, which has locations in Tennessee and Florida. The Raleigh version is being designed by JDavis Architects, and we expect construction will kick off by the end of the year.


We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.

Latest from Development

Go to Top