City of Raleigh issued the following announcement on May 17.
Raleigh is once again fully open for business and is eager to re-start the Convention Hotel and Downtown Development project Request for Interest (RFI) process. City Council has directed staff to restart the project managed by the commercial real estate company JLL, Inc.
The project includes two sites in the downtown core in front of the Duke Energy Performing Arts Center and adjacent to the Raleigh Convention Center. The new development will include an upscale convention hotel of 500 or more rooms and a residential/mixed use project on the second site. The focus of the RFI remains on the hotel component which, when developed, will allow the City to host larger conferences. This project remains a unique, once-in-a-lifetime opportunity to develop a convention center hotel and separate residential/mixed-use tower on two prime vacant lots in downtown Raleigh.
The City of Raleigh owns the property and on June 1 the RFI will be made available. Innovation, quality design and construction, and sustainability are important values to the City for this transformational project.
Original source can be found here.
Source: City of Raleigh
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