Development Beat: Roundabout Condos Coming to Hillsborough Street, For Real

Brought to you by York Properties.

Week of May 14, 2018

Luxury condos coming to Hillsborough Street

Historic house holds up Fairweather condos

Potential buyer looks to restore Gables Motor Lodge

New bar planned for Glenwood South

Lumina Clothing closes

La Stella on Hillsborough Street is La Gone

Peking Duck & Dumplings replaces Pho Vietnam on Hillsborough Street

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

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Luxury Roundabout Condos On Hillsborough Street

Hillsborough Street is no stranger to new housing projects. The last few years have seen a wave of development, mostly in the form of luxury student housing featuring ground-floor retail.

Last week, the developers of The Paramount and the Aloft hotel unveiled plans for a different kind of Hillsborough housing project: a five-story luxury condominium building dubbed “The View on Pullen Circle.”

The 35-unit condo building will be situated at the roundabout connecting Hillsborough and Pullen, offering views of the NC State bell tower, the Gregg Museum of Art and the Aloft Hotel.

William Needham Finley IV is talking with his attorney Stacy Miller of Miller Law Group, to determine if the developers infringed upon the Five Points roundabout apartment complex concept that he unveiled in 2016. This could potentially reach the Supreme Court.

The one and two-bedroom units, ranging in size from 900 to 1,300 square feet, will start in the upper $300s. Development partner Mark Andrews noted in the press release we were sent that, “The View on Pullen Circle offers residents a remarkable location and upscale features.” Those upscale features include a rooftop terrace and deck, along with parking and bike storage underneath the building.

Work on the property will be overseen by the South Atlantic Construction Company, and is expected to begin later this year with a completion date of late 2019 or early 2020.

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Move House, Get Out The Way

When we first reported on plans for The Fairweather, a new five-story luxury condo development boasting spectacular views and proximity to Dix Park, we noted that its construction would require the teardown of a warehouse and two single-family homes. One of those buildings, at least, has now been saved from the wrecking ball.

Last week, it was announced that one of those homes, known as “The Rogers House” will be relocated across town by well-known historic home saver and walking proponent, Matt Tomasulo (aka Mike Tomatosoupasaurus).

It seems that “historic” is a bit of a tricky term when it comes to describing the 87-year old, 1,188 square-foot house currently sitting on the lot at 517 S West Street. Its age alone seems to qualify it, but it technically isn’t considered an “official” historic house.

A letter from the State Historic Preservation Office dated March 18, 2013, lists the home as falling under the “Old Fourth Ward Historic District,” although it was determined that the district was not eligible for listing in the National Register. Apparently, “this area lacked sufficient integrity, primarily as a result of numerous demolitions over the years.”

The home will be moved to the corner of Hargett and Bloodworth, not far from where Tomasulo’s other historic home relocation project, Guest House Raleigh, ended up.

Once it’s moved and the other home at 523 S West and the Motor Parts Warehouse fronting Harrington are demolished, work will begin on The Fairweather.

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Renewal of Raleigh’s Gables

In the first ever edition of the Development Beat, we reported on a plan to sell the iconic Gables Motor Lodge. After much speculation (Mordecai Outraged Over Rumored Buyers of Iconic Property) that included a Dave & Buster’s, a Wahlberg-themed Food Hall, and a Big Lots, it looks like the property has finally found a buyer with a plan worthy of the space.

Update here @MordecaiCAC on the potential redevelopment of The Gables on Wake Forest Rd. Would be 19 room boutique hotel with @tiftmerritt as one of the partners. Lot of thought put into this proposal to preserve + activate this site. pic.twitter.com/G4yC8N2eir

— Bill King (@kingbill24) May 9, 2018

A group of buyers, including musician Tift Merritt and hotel developer Daniel Robinson, have plans to redevelop and expand the property. Representatives from Gables Lodge LLC appeared before the Mordecai Citizens Advisory Council last week to unveil their plans, which include adding a pair of two-story buildings, bookmarking the existing lodge and bringing the total number of rooms to 19. In addition, the group is looking into the possibility of adding a water feature, and fencing around the property line.

The developers noted that they want to make something that “pays tribute to Mordecai,” and in so doing, will do everything they can to ensure the iconic sign out front would be incorporated into the project.

New Bar on Glenwood South

The one-time home of the David Wade Salon and, more recently, Feelgoodz fair-trade footwear, will soon be transformed into a two-story bar/nightclub.

Site plans for the building at 612 Glenwood indicate the space will be developed by the Bunch of Fives Hospitality Co. The plan for the structure is to add a second story “for bar area” as well as an “addition of 789 SF outdoor bar area with improved site area at rear.”

The preliminary sketches make it look as though there will be outdoor seating in the front of the building, with an outdoor bar and metal staircase out back. We don’t know when this new bar will open, or even what it’s going to be called.

Lumina Clothing Company to Close

Lumina Clothing Company, a staple of the North Person Street district, will be closing its doors for good at the end of the month.

The company announced last week its plans to close their flagship location, located at 215 E Franklin Street. The store will be holding sales through the end of the month, and a closing party will be held before the store shuts down for good as a way of thanking all of those who “helped make [Lumina] such a vibrant part of the community.”

0 For 2: Second Restaurant in Former Hillsborough Street Bookstore Closes

It seems like only yesterday we were reporting on the permits issued to our friends over at Rufty-Peedin Design Builders to transform the former Hillsborough Street Bookstore into the stylish, if short-lived, H-Street Kitchen.

In the time since, H-Street has come and gone, replaced — briefly — by a second location of La Stella Wood Fired Kitchen, which still operates out of a space on Fayetteville Street. On Friday of last week, La Stella announced they would relocating their Hillsborough Street location to a space on Kildaire Farm Road in Cary.

A Defeated Pho on Hillsborough

Speaking of short-lived Hillsborough Street haunts, just two years after permits were issued for Pho Vietnam on the ground floor of 2811 Hillsborough, a brand-new restaurant, Peking Duck & Dumpling, has opened in its place.

The restaurant, whose motto is “We believe good times deserve great food,” offers diners everything from roast duck to spicy pork ear. Credit to Triangle Food Blog for bringing this to our attention, and credit to Philadelphia’s Chinatown for helping us appreciate how delicious duck can be.