Raleigh, NC Real Estate, Skyline Changes as Raleigh builds UP!
By Mike Jaquish, 919-880-2769 Cary, NC, Real Estate
It looks like Raleigh, North Carolina is on deck to see another downtown tower, the tallest yet. Today's Raleigh News and Observer reports the initial plans for the Edison will be filed today. The Edison is being planned and promoted as two eco-friendly mixed use towers across Davie Street from the Progress Energy headquarters building.Offering a 500,000 square foot block of office space suitable for a corporate headquarters will put the Edison in a unique position. But also it appears that a commitment from a corporate tenant will be necessary to bring the plan to fruition.The developer, Gregg Sandreuter, has succeeded with downtown condo projects, and that gives him a track record and credibility. But this is a big step and at this time, the time line stretches to 2012 for proj...