In my previous post yesterday I gave a rundown of major under construction projects in Raleigh. Here are active proposals that could start this year. I've omitted phase 2/3 proposals for already under-construction projects as I mention them above.
301 Hillsborough - 20 floors.
The most likely candidate to become the next 20+ floor tower to start construction. The tl;dr is this site had a proposal but ended up getting sold to a new developer who is confident enough to build on spec, so there's no waiting around until an anchor tenant signs on. Here is the new rendering:
This would be the first phase of a development that would take up nearly the whole block and would be office with ground floor retail. There haven't been updated renderings of phase 2 and 3 which would be a hotel and residential, but they would likely be in the 10 to maybe 15 floor range. Here are some older renderings of those:
Nash Square hotel - 9 floors
Currently unbranded. Would be across the street from Nash Square park.
Another Kane project, 20 floors
This will likely happen, it just takes a while with assembling the land and such. Likely to be between 15 up to 20 floors of office on top of a parking deck, with 6 or so floor residential all around it. This will be near the old train station site, and will likely be a lot like The Dillon (if you want to go back a look a pics of it).
Those, along with the phase 2's of the previous post, are what I would rank as "very likely" to happen this year. Now come the "well maybe?" list of projects that could happen if partners, tenants, funding, etc. line up. Probably one or more will happen this year, unlikely all will happen.
RUS bus, 20 floors
Phase 2 of the union station project, this is a tower and bus station in an old warehouse beside The Dillon and Union Station. GoTriangle transit service owns the lot/warehouse and is looking for a development partner.
This shows what the massing could look like, located beside the recently completed The Dillion. The other Kane project I just mentioned above will be where the dirt patch is in the bottom left.
400 Hillsborough - 20 floors
Residential on top of office space. The developer owns all the land but this is starting to approach "stale proposal" territory. 50/50 odds anything happens here this year.
Two 10 floor hotels
Yeah, MAYBE one of these will get off the ground this year. The first would be where the old Enterprise car lot was on the NE corner of Cabarrus and McDowell. The second would be on the old Firestone lot on the NE corner of Davie and Dawson.
The stale proposal or "I'll believe it when I see it" category:
The Edison, 20+ floors. (The lot is ready to go, they just need a to pre-lease enough to get funding I think. Charter Square North landed FNB as their anchor tenant - see previous post for that tower - so they were able to start before the Edison site).
New Raleigh city hall, 10+ floors. (I don't see enough political will to do this project for new city offices this year).
Exploris, 10+ floors. (Stale until they get an anchor tenant).
Old New & Observer site: 30+ floors. (This is a prime site downtown, and something will come together here eventually, and likely at least 1 tower will be 30+ floors but I don't see it happening this year).
You can look back through the thread for pics of those, but there's not really any new news on them.