Brought to you by York Properties
The Flourish Market is moving and expanding
Updates on The Wade
Residential project planned for Blount Street
Bird scooters sticking around for summer
Citrix Cycle ribbon cutting ceremony this week
Two Roosters opens on Person Street
Groove In The Garden announced
New GlenLake office building planned
More apartments for Crabtree
Purchase tickets to the Women’s ICC held August 15th and 18th at WakeMed Soccer Park
To be featured in the Development Beat, contact business@itbinsider.com.
The Flourish Market Is Flourishing
The Flourish Market announced that they will be relocating from their Glenwood South location at 713 Tucker to a new space in the Warehouse District. They will also be launching The Locality, a co-working space for female entrepreneurs.
The new shop, set to open May 31, will be three times larger than the current Tucker Street location. According to the shop’s owners, the new 3,500 square foot location at 307 W. Martin Street will offer “double the world changing selection of everything: clothes, jewelry, bags, and accessories. A huge new “gifties” section: unique + meaningful finds for every woman in your life” and much more.
They’ll also be adding a coffee lounge that is a “serve yourself, donation based system” where the donations go to a different local nonprofit each month.
The Locality co-working space will launch on June 3rd and will serve as a hub for 50 triangle based female entrepreneurs.
You can read more details about the expansion on their blog. It’s great to see a local business not only succeeding, but flourishing to the point it needs to expand to a space three times the size.
The Wade Springs Forward
Our friends over at Beacon Street Development just released one of the hottest videos of 2019. Featuring updates on The Wade, their condominium project located on Wade Avenue, this video has it all.
We last checked in on the progress in December, and things seem to be moving along on schedule.
There are still a few residences available, but we can’t guarantee that you’ll be neighbors with ITBlake.
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Residential Project Planned For Blount Street
The long-vacant Carolina Coach site at 1201 S. Blount Street could finally be getting a new tenant: a five-story housing complex with rooftop terraces.
Stanley Martin Homes has filed a rezoning request for the 3.86-acre site at 1201 and 1208 S. Blount Street that would change the allowed development from industrial mixed-use with a cap of three stories, to a “Planned Development.”
The planned development designation would allow for up to 10,000 square-feet of ground-floor retail space, and would cap the maximum number of residential units at 100.
According to the rezoning documents, the property is “located within the ‘focal point’ of the South Park Small Area Plan, which encourages residential and commercial uses in order to create a neighborhood focal point and an economic development opportunity for the South Park area.”
Located less than half a mile from the center of downtown, the new development would also “diversify the available housing options in the area,” and would bring “neighborhood retail to serve the local community.”
No word yet on when construction will begin on the new Carolina Coach Planned Development, but considering it needs to get rezoning approval, then site review plan approval, etc. etc., we imagine it’s at least two years out at this point.
The Birds of Summer
The Birds are back in town, sort of. After being shunned by the Raleigh City Council, Bird had planned to pull their electric scooters from the Raleigh market on April 30th.
In late March, The News & Observer reported that both Bird and Lime planned to leave Raleigh as a result of regulations created by the City of Raleigh. Those rules capped the number of scooters that each company could offer at 500, and set a fee of $300 per scooter (most cities charge the companies fees from $50-$150 per scooter).
The city also asked companies to submit proposals to operate scooters in Raleigh after July 1. Five companies (Bolt, Gotcha, Lyft, Spin, and VeoRide) submitted proposals. Bird and Lime did not submit proposals.
Bird released a statement saying: “Unfortunately, Raleigh city officials refuse to amend their burdensome regulations on e-scooter providers, and it no longer makes sense for us to provide our service under the city’s restrictive leadership. Our time in Raleigh must come to a close, but we hope to return in the future when city officials are ready to be more amenable to our business and industry as well as the needs of their constituents.”
In a stunning turn of events, Bird announced this week that they will continue to operate in Raleigh through the end of July.
Love them or hate them, Bird scooters will be in Raleigh for a few more months.
Citrix Cycle Ribbon Cutting This Week
In other transportation news, Citrix Cycle will hold a ribbon cutting ceremony this Thursday at Union Station.
The long-awaited bike share program is now up and running. You can find more details on the location of stations, pricing, and more on the Citrix Cycle website.
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Two Roosters Celebrates Grand Opening
After opening in the Summer of 2018 as a “pop-up” shop in the Person Street Plaza, Two Roosters Ice Cream celebrated the official grand opening of their second brick and mortar location over the weekend.
The space, once home to Lumina Clothing, had been closed for renovations since last summer. The $90,000 renovation of the 1,329 square-foot space was handled by Heritage Construction out of Raleigh.
Two Roosters was started in 2014, and for years operated solely as a food truck and as a stand in left field at the Durham Bulls Athletic Park. In 2017, Two Roosters opened its first brick and mortar shop at Greystone Village off of Lead Mine Road.
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Groove In The Garden Lineup Announced
Our friends at Raleigh Little Theatre have announced the lineup for this year’s Groove In The Garden. Held in the Stephenson Amphitheater at the Rose Garden, the festival will feature eight live performances on two stages.
The festival will celebrate its fifth year when it returns on Saturday, September 21st. Advance tickets are $15, day of tickets are $20, an advanced four pack of tickets is $45, and kids 5 and under get in free. Tickets are available at grooveinthegarden2019.eventbrite.com
We can’t confirm or deny a special appearance by Earth, Wind, and Fire, who will perform one of the top 5 greatest songs of all time.
MAIN STAGE LINEUP:
700pm: Sarah Shook & The Disarmers – (Outlaw Country)
545pm: Kooley High – (Hip Hop)
430pm: Hot at Nights 17 Piece Orchestra – (Jazz)
315pm: Urban Soil – (Americana, Rock, Soul)
200pm: Arson Daily – (Alternative Rock)
GARDEN STAGE LINEUP
515pm: CaseyMagic – (Punk Rock Magic)
400pm: Clint Roberts – (Modern Americana)
245pm: Into The Fog – (Newgrass)
Groove in the Garden is produced in partnership by The Pour House Music Hall and Raleigh Little Theatre and is sponsored by Mims Distributing Company, Foothills Brewing Company, Citrix, GoRaleigh, O2 Fitness, Alamo Drafthouse, WKNC, Logan’s Garden Center, Raleigh Heating & Air, 2112 Percussion, Sonitrol Security, Weaver Street Market, Monarch Realty Co, UNation & Unleashed the Dog & Cat Store.
New GlenLake Office Building Planned
Site work is now wrapping up for GlenLake Seven, which will actually be the fifth office building in the GlenLake Office Park.
According to a pre-leasing flier, GlenLake Seven will encompass “125,000 square feet of Class A space with highly efficient floor plates and beautiful park views.”
Each of the building’s five stories offers about 26,000 square feet in available office space (the first floor has only 23,000 available), and tenants will be able to utilize covered parking.
Although we were a bit confused as to why the fifth building was dubbed number seven, it turns out the existing buildings are numbered one, four, five, and six. As seven total buildings are planned for the office park, it’s likely the future buildings will be numbered two and three.
Sitescapes, LLC was listed as the site work contractor for GlenLake VII on a set of permits issued last week.
More Apartments For Crabtree
A new apartment building is coming to the crowded Valley of Crabtree.
Site review plans filed by Cresleigh Homes out of California call for a 5-story, 300,520 square-foot building that will include 149 residential units: 92 one-bedrooms and 57 two-bedrooms. 310 parking spots will be provided.
Designed by JDavis Architects, it appears that Cresleigh will be priced at the higher end of the rental spectrum. The Cresleigh will be built on a 4.92 acre lot at 5301 Homewood Banks Drive, behind the mall and near the McDonald’s.
