Yesterday, we shared that DeWitt Carolinas — a Raleigh-based firm — had released initial renderings of the forthcoming mixed-use development called Midtown Exchange. Today, we’re sharing additional details about this massive project, slated to begin Phase One of construction next year near North Hills.
Midtown Exchange | DeWitt Carolinas, Humphreys and Partners + Studio Outside
By the numbers: 💰 The anticipated cost of the project is $1 billion 🧱 The development will consist of two mirrored buildings, MTX One and MTX Two, connected by a sky bridge 📐 MTX One is expected to feature 330,000 square feet of office space, 19,000 square feet of retail space + 5,000 square feet of conference space 🏗️ Each building will be 12 stories high
Midtown Exchange | DeWitt Carolinas + Humphreys and Partners
Once completed, the Midtown Exchange project will comprise a total 40 acres. In addition to the towers’ office and retail space, there will be 1,500+ residential units, an upscale 300-room hotel, and four-acre urban park connected to the Capital Area Greenway.
Even more features: 🤩 Downtown views ⛲ Water installation 🧘 Community center 🥟 Food truck court 🍸 Underground speakeasy
Want more renderings? Click the button below to browse the designs for Midtown Exchange’s commercial areas, residences + green spaces. 👇
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NEWS NOTES
Weather ○65º | Cloudy | 20%chance of rain ☁️
Development ○ The US Department of Veterans Affairs will open a new multi-specialty, outpatient clinic in Garner, as an extension of the Durham VA office. In addition to providing expanded services for local veterans, the $100 million project — which has not yet begun construction — is also expected to create hundreds of new jobs. 🇺🇸(Triangle Business Journal) ○ Local coworking company Loading Dock broke ground this week on a new space in Wake Forest. The $3 million project will revitalize a historic 24,000-square-foot building located at 525 South White Street + is expected to ultimately house 100-400 companies. ProTip: The location is expected to open next year, and you can sign up for the waitlist here. 💻 (TechWire)
Travel ○ Based on current flight reservations, RDU is expecting ~83,500 passengers to pass through the airport this week, up 7% over the past month. To accommodate holiday travelers — the busiest day is expected to be Sunday, Nov. 29 — airport staff have implemented additional health and safety precautions, including hand sanitizing stations + social distancing reminders. You can read more about RDU’s response to the COVID-19 pandemic here. ✈️ (WRAL) ○ You don’t have to go far to scratch your travel itch. Greenville, SC is a drive away and offers socially-distant outdoor activities, holiday happenings + great rates on downtown hotels. Ⓟ
TheWord ○ Have you ever heard of futsal? No, not futbol. Although futsal is similar to soccer, it is played on a hard surface court with a smaller, harder, low-bounce ball. The City of Raleigh is considering converting an existing tennis court at one of three local parks to accommodate futsal play — click here to provide feedback via a short survey, now through Tuesday, Dec. 1. 📲
Featured ○ This week’s issue of Oak City CRE’s newsletter includes RALtoday editor Erin’s top five places to spend a rainy day in Raleigh. Be sure to bookmark this list for the next drizzly afternoon + subscribe to the Acorn to stay up-to-date on even more local real estate news. ☔
ForPets ○ Did you know raisins and garlic can be toxic to dogs?Or that tinsel can cause abdominal obstructions in cats? Whether you’re traveling to visit relatives or feasting at home this holiday season, here are some tips to help keep your furry family members safe. 🐾 (ABC 11)
Gift ○ Bring the focus back to family this holiday season with the sentimental gift ofLegacybox: a simple, all-in-one digitizing solution for your home movies, photos + more. Save 60%with code THANKS. Ⓟ
Deal ○ Babbel – the #1 selling language learning app in the world – is hosting a ‘Conversations for Sale’ deal event, where anyone can spin a virtual wheel to reveal a deal and snagup to 55% off language learning lessons. Babbel offers bite-sized lessons created by real linguists, using real phrases you’ll actually use. Spin the wheel.Ⓟ
Click the button below for more local resources regarding the coronavirus.
Round two of the Downtown Raleigh Alliance’sDuke Energy Storefront Revitalization Grant is underway. This reimbursement grant allows business owners to build e-commerce web pages, create outdoor seating, and upgrade health + safety elements for their businesses.
During round one, thegrant program gave $288,100 to 63 local businesses in the wake of the COVID-19 pandemic. Nearly 60% of businesses that were chosen are owned and operated by women and/or minorities.
If you want to know whether your small business meets eligibility requirements + how to apply, click here. Grants are due by Monday, Dec. 7. 💰
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#MUSTDO
Dish ○ Community Thanksgiving Meals | Wed., Nov. 25 | 11 a.m.–5 p.m. | Killjoy Cocktail, 116 N. West Street | Free | Help spread the word — Lawrence BBQ will be serving warm, scratch-made meals to unhoused members of our community + families in need. 🍽️
Holiday ○ Lake Myra Christmas Lights Opening Night | Wed., Nov. 25 | 5:30–10 p.m. | 10 S. Cypress Street, Wendell | Donations accepted | Recognized as one of the largest Christmas light shows in NC, Lake Myra Christmas Lights puts on a 45-minute show synchronized to music and featuring 250,000+ lights.
PlanAhead ○ Drive-Thru Fair Food Days | Fri., Nov. 27–Sun., Nov. 29 | 12–8 p.m. | NC State Fairgrounds, 1025 Blue Ridge Road | Cost of purchase | Enjoy Cajun turkey legs, funnel cake, deep fried Oreos, candy apples, and more — cash only. ○ Scotty McCreery Live Virtual Acoustic Concert | Wed., Dec. 2 | 8–10 p.m. | Virtual | $5–$20 | Triangle-native and country music star Scotty McCreery will be streaming an acoustic concert live from here in North Carolina. He will play songs from his newest album, along with some older hits and Christmas music as well.
Disclaimer: It is up to readers’ discretion to determine whether they feel comfortable participating in any mentioned events based on COVID-19 protocols and precautions. If you have questions, please contact the event’s organizers directly.
Adults and children 10+ can get a flu shot at most local pharmacies | Photo provided by Campbell University School of Medicine
Cold and flu season is here and has a new friend this year — COVID-19. To avoid a twindemic, it’s especially important to get a flu shot and to continue practicing safe, social distancing measures — like the 3 W’s:
😷 Wear a mask 🖐 Wash your hands ↔️ Wait 6 feet apart
Adults and children 10+can get a flu shot at most local pharmacies or by scheduling a visit to their primary care physician.Ⓟ
We cover the most important news and events happening in the city each and every day. Check out our newsletter archive to see what you may have missed.
#RALremote diaries, day 189 — Erin is really excited to have scored a 10″ pumpkin spice from Wonderfully Made Cheesecakes + Shari is looking forward to seeing her parents and her sister for a few days. 🥮
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