The Downtown Raleigh Alliance Says Downtown Raleigh Is Growing Fast and Growing Right | News
News
INDY Week's news blog

Archives | RSS

Tuesday, April 25, 2017

The Downtown Raleigh Alliance Says Downtown Raleigh Is Growing Fast and Growing Right

Posted by on Tue, Apr 25, 2017 at 2:02 PM

According to a lengthy report released Tuesday by the Downtown Raleigh Alliance, the City of Oaks is growing rapidly and adding amenities indicative of the right kind of expansion. Among the highlights noted in the annual State of Downtown Raleigh report are:

• $1.75 billion in recent, ongoing, and upcoming development;
• 3,672 new residential units;
• $200 million in food and beverage sales last year
• An additional one thousand hotel rooms coming to the city's core;
• The construction of three hundred acres of additional green space.

If you have some time to kill, check out the complete report:

State of DTR by K Fine on Scribd


Former News & Observer publisher and current interim DRA president and CEO Orage Quarles III says the report is a reflection of what he’s witnessed since 2000.

"In my seventeen years in Raleigh and downtown, I have personally witnessed an extraordinary revitalization," he says. "When I started at the News & Observer, downtown's population was barely three thousand residents, most of whom lived along its periphery. Today, though, downtown is home to over eight thousand residents, with more coming all the time. As our report shows, this growth and investment show no signs of abating."

Tags: , , , ,

Pin It

Comments

Subscribe to this thread:

Add a comment

INDY Week publishes all kinds of comments, but we don't publish everything.

  • Comments that are not contributing to the conversation will be removed.
  • Comments that include ad hominem attacks will also be removed.
  • Please do not copy and paste the full text of a press release.

Permitted HTML:
  • To create paragraphs in your comment, type <p> at the start of a paragraph and </p> at the end of each paragraph.
  • To create bold text, type <b>bolded text</b> (please note the closing tag, </b>).
  • To create italicized text, type <i>italicized text</i> (please note the closing tag, </i>).
  • Proper web addresses will automatically become links.

Latest in News



Twitter Activity

Comments

I am very happy today to share this amazing testimony on how Dr. idahosa the herbal doctor was able to …

by Amelida Sophia on Study: N.C. among 10 states with highest HIV infection, death rates (News)

My Name is Robert Fred from Canada..it gives me great joy to share with you on how I was cured …

by Robert Fred on Study: N.C. among 10 states with highest HIV infection, death rates (News)

Most Recent Comments

I am very happy today to share this amazing testimony on how Dr. idahosa the herbal doctor was able to …

by Amelida Sophia on Study: N.C. among 10 states with highest HIV infection, death rates (News)

My Name is Robert Fred from Canada..it gives me great joy to share with you on how I was cured …

by Robert Fred on Study: N.C. among 10 states with highest HIV infection, death rates (News)

My Name is Robert Fred from Canada..it gives me great joy to share with you on how I was cured …

by Robert Fred on Study: N.C. among 10 states with highest HIV infection, death rates (News)

I have been suffering hardship from HIV/AIDS since 6years now, and i have 2 kids for my husband, and now …

by law maker on Study: N.C. among 10 states with highest HIV infection, death rates (News)

God bless Dr. OSO for his marvelous work in my life, I was diagnosed of HERPES since 2014 and I …

by smith morgan on Study: N.C. among 10 states with highest HIV infection, death rates (News)

© 2018 Indy Week • 320 E. Chapel Hill St., Suite 200, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation