Development Beat: Cantina Coming to Five Points, Chipotle Coming to North Hills, Trophy Expansion

Brought to you by York Properties.

Week of May 21, 2018

Lola’s Cantina in Five Points

Chipotle coming to North Hills

Orvis grand opening at Ridgewood

Demolition set for old NC Equipment Co. building

Peace Street hotel finally approved

Trophy expanding their Morgan Street location

Work underway on The Dillon’s Urban Outfitters

Metropolitan apartments receives pool permits

Contact wnfiv@itbinsider.com with news or to be featured in the Development Beat.

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EXCLUSIVE: Lola’s Cantina Coming To Five Points

We covered the news of Lola’s coming to Five Points in an article last year and didn’t have many details on what exactly it would be. We aren’t even sure if it’s called “Lola’s Cantina” or just “Lola’s.” William Needham Finley IV decided to investigate by taking a picture on his way to a power meeting at Third Place last week.

As you can see from these exclusive images, we can now deduce that this establishment will be serving beer, margaritas, and cocktails.

We were also able to uncover that they will serve street tacos, burritos, and nachos.

We’re not sure of an exact opening date, but the landlord of the space said it should be ready towards the end of June/beginning of July. This should be a hit with the Five Points neighborhood.

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Chipotle Coming to North Hills

Kane Realty Corporation announced that Chipotle will be opening in the Lassiter District (between Verizon and Panera Bread) in the fall of 2018. The North Hills location will be their sixth restaurant in Raleigh.

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Dads Already Fly Fishing In Orvis Parking Lot

When we first reported that the beloved Tripps restaurant at Ridgewood Shopping Center would become Raleigh’s second Orvis location, we joked that fly fishing fans would be camped out in YETI cooler igloos waiting for the grand opening.

It turns out we weren’t that far off the mark.

@WNFIV we all need to get used to old guys fly fishing in Ridgewood parking lot. #soitb pic.twitter.com/RSy6SVWHIW

— ZH (@zmhearon) May 19, 2018

Orvis, which has offered “Quality Clothing, Fly-Fishing Gear, & More” since 1856, currently operates a location at the Triangle Town Center Mall. The new location, designed by our friends at New City Design Group,  celebrated its grand opening this past weekend, and already appears to be a hit among Raleigh’s fly fishing fans.

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Demolition Set For Old NC Equipment Co. Building

Demolition permits have been issued for the old North Carolina Equipment Company building, a property best known for the iconic tractor sign resting on its roof. Taking its place at 3101 Hillsborough Street will be The Standard, a 5-story student apartment complex and 452-space parking deck.

As part of the 2017 rezoning request, a condition was offered by developer Landmark Properties that ensured they would do everything they could to preserve the iconic sign. We’re pretty sure ITBlake the intern’s protest contributed to this decision.

“The tractor sign will be placed on the Hillsborough Street frontage and lighted,” the rezoning application stated, although it should be noted there is not a 100% guarantee this will happen. Landmark Urban Construction Raleigh will handle the demolition.

Peace Be With You, And Also With Hotels Featuring Rooftop Amenities

After weeks of discussion, City Council finally bestowed its blessing upon the long-delayed boutique hotel at 615 W Peace Street, located between the Peace Street McDonald’s and Starbucks.

The approval of the case allows the developers to create an unenclosed deck, patio, or shade structure on the top of the building that can extend 12 feet above the maximum height limit.

Developer MJM Group, which specializes in hospitality projects, is in discussions to select a boutique brand to manage the hotel. The 40-45 room hotel is expected to open in 2020.

Trophy Expanding Morgan Street Location

Our friends at Trophy Brewing are expanding their Morgan Street location. Known for producing the best beer (Trophy Wife) and the second best beer (Cloud Surfer) in America, Trophy has operated in their 827 W. Morgan Street location since 2012. Part of that building has been occupied by a laundromat and convenience store for decades.

Trophy will expand into that space and also add more outdoor seating. Construction should start in late fall and finish in summer or fall of 2019. We were planning on making the announcement in a sit down 20/20 style interview between ITBlake the intern and Trophy owners David Meeker, Chris Powers, and Woody Lockwood. However, ITBlake isn’t old enough to interview breweries yet. For more details, check out the N&O’s story.

Urban Outfitting The Dillon

Permits have been issued for the Urban Outfitters that will be located in The Dillon. Our friends over at August Construction Solutions, known for their work in transforming a large portion of North West Street into sleek, stylish office spaces, will be overseeing the Urban Outfitters fit-out.

Although ACS has done many retail projects across the country — it’s their bread & butter — owner Michael Iovino told us he’s especially excited about the chance to work on such a key project in the heart of downtown Raleigh.

“This is the first time since our inception that one of our national clients has built a location in Raleigh. We are excited to showcase our abilities. The Dillon is a high profile project and UO is a likewise tenant. The opportunity to work with Kane Realty Corp. to prove there is a local asset with such a national reach so close to The Dillon, Peace and North Hills amplifies the magnitude of this Urban project for ACS” said Iovino.

Work on Urban Outfitters is expected to wrap up by the middle of August, and is currently scheduled to open to the public on August 23.

ITBlake Flips A House

Metropolitan Pool Party

It was never determined what started the fire that destroyed the Metropolitan apartments that were under construction near Glenwood South. The 241-unit luxury apartment building was set to open in the fall of 2017. The fire, of course, delayed those plans. ITB Insider’s exclusive on-the-scene coverage was Pulitzer-worthy and saved at least one life. You’re welcome.

In November 2017, a set of permits for the rebuilding of The Metropolitan were issued to Clancy & Theys, who will serve as general contractor. Last week, permits were issued for the apartment’s fancy new pool, whose construction cost was estimated at just under $400,000.

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