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	<title>Comments on: Raleigh Skyline for March 2008</title>
	<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/</link>
	<description>All things Raleigh</description>
	<pubDate>Sat, 05 Jul 2008 00:47:52 +0000</pubDate>
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		<title>By: Ernest</title>
		<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-7112</link>
		<dc:creator>Ernest</dc:creator>
		<pubDate>Wed, 23 Apr 2008 13:02:57 +0000</pubDate>
		<guid>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-7112</guid>
		<description>That is the Powerhouse Plaza project. 10 stories of hotel and office space. Site plans have been submitted and I do not see any reasons to worry about delays due to financing. The mid-rise will be located across from 42nd Str Oyster Bar (to the East).</description>
		<content:encoded><![CDATA[<p>That is the Powerhouse Plaza project. 10 stories of hotel and office space. Site plans have been submitted and I do not see any reasons to worry about delays due to financing. The mid-rise will be located across from 42nd Str Oyster Bar (to the East).</p>
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		<title>By: JR</title>
		<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-7098</link>
		<dc:creator>JR</dc:creator>
		<pubDate>Wed, 23 Apr 2008 01:02:12 +0000</pubDate>
		<guid>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-7098</guid>
		<description>I have heard of plans for a mid-rise in Powerhouse Square, is this true? That would look really awesome alongside the QC.</description>
		<content:encoded><![CDATA[<p>I have heard of plans for a mid-rise in Powerhouse Square, is this true? That would look really awesome alongside the QC.</p>
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		<title>By: Lee</title>
		<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6507</link>
		<dc:creator>Lee</dc:creator>
		<pubDate>Mon, 31 Mar 2008 19:30:30 +0000</pubDate>
		<guid>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6507</guid>
		<description>OK, the third picture down might be one of the coolest photos I have seen!</description>
		<content:encoded><![CDATA[<p>OK, the third picture down might be one of the coolest photos I have seen!</p>
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		<title>By: laryea</title>
		<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6464</link>
		<dc:creator>laryea</dc:creator>
		<pubDate>Fri, 28 Mar 2008 16:04:00 +0000</pubDate>
		<guid>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6464</guid>
		<description>they will never build this thing i guarantee it....</description>
		<content:encoded><![CDATA[<p>they will never build this thing i guarantee it&#8230;.</p>
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		<title>By: Ernest</title>
		<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6460</link>
		<dc:creator>Ernest</dc:creator>
		<pubDate>Fri, 28 Mar 2008 12:05:45 +0000</pubDate>
		<guid>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6460</guid>
		<description>UPDATE: The Hillsborough has hit some obstacles in financing :( The lenders are now requiring 35% up front, instead of 20% that used to be the case before. So, this project is delayed until financing is secured. I hope that the developers realized that all these delays over the last 2 years might have cost them more than just financing. I am truly unhappy for the latest developments and I hope they find a quick fix to this problem. According to the agreement, April 1st is when they are supposed to break ground, officially. The price tag for this project is $65 million.</description>
		<content:encoded><![CDATA[<p>UPDATE: The Hillsborough has hit some obstacles in financing <img src='http://raleighskyline.com/content/wp-includes/images/smilies/icon_sad.gif' alt=':(' class='wp-smiley' /> The lenders are now requiring 35% up front, instead of 20% that used to be the case before. So, this project is delayed until financing is secured. I hope that the developers realized that all these delays over the last 2 years might have cost them more than just financing. I am truly unhappy for the latest developments and I hope they find a quick fix to this problem. According to the agreement, April 1st is when they are supposed to break ground, officially. The price tag for this project is $65 million.</p>
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		<title>By: Unique12b</title>
		<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6293</link>
		<dc:creator>Unique12b</dc:creator>
		<pubDate>Tue, 25 Mar 2008 23:03:51 +0000</pubDate>
		<guid>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6293</guid>
		<description>According to the N&#38;O, Wachovia is finally adding signage to there building</description>
		<content:encoded><![CDATA[<p>According to the N&amp;O, Wachovia is finally adding signage to there building</p>
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		<title>By: Ernest</title>
		<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6283</link>
		<dc:creator>Ernest</dc:creator>
		<pubDate>Tue, 25 Mar 2008 20:06:06 +0000</pubDate>
		<guid>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6283</guid>
		<description>laryea,

I am in total agreement with what you said, both about apartment buildings and a well-lit skyline. I, as well, cannot understand the obsession with condos. I know that The Tucker (formerly known as 712 Tucker) went from a condo-apartment hybrid to 100% apartment building, with 179 units. Of course, they could have proposed a high-rise building for the Eastern half of that parcel, leaving the rest for some future transitional projects, but the developer doesn't seem to have the guts, or the financial backing, to deliver something like that. Sure, I like The Tucker, but it is a waste of space. Of course, the price of going up, as opposed to building a low-rise, is vast, but your suggestion should be considered more seriously in the future.

As for the skyline, it certainly isn't as impressive as it could be, partly because of its "dark" appearance during the evening hours. I can see how the owners wish to save a few bucks here and there, but this is only a drop in the ocean, I think. yes, conserve energy, but don't place expensive buildings in the downtown area, only to make them nearly invisible during the night. I assume this will change - thanks to RBC Plaza - but not until after the latter opens its doors officially.</description>
		<content:encoded><![CDATA[<p>laryea,</p>
<p>I am in total agreement with what you said, both about apartment buildings and a well-lit skyline. I, as well, cannot understand the obsession with condos. I know that The Tucker (formerly known as 712 Tucker) went from a condo-apartment hybrid to 100% apartment building, with 179 units. Of course, they could have proposed a high-rise building for the Eastern half of that parcel, leaving the rest for some future transitional projects, but the developer doesn&#8217;t seem to have the guts, or the financial backing, to deliver something like that. Sure, I like The Tucker, but it is a waste of space. Of course, the price of going up, as opposed to building a low-rise, is vast, but your suggestion should be considered more seriously in the future.</p>
<p>As for the skyline, it certainly isn&#8217;t as impressive as it could be, partly because of its &#8220;dark&#8221; appearance during the evening hours. I can see how the owners wish to save a few bucks here and there, but this is only a drop in the ocean, I think. yes, conserve energy, but don&#8217;t place expensive buildings in the downtown area, only to make them nearly invisible during the night. I assume this will change - thanks to RBC Plaza - but not until after the latter opens its doors officially.</p>
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		<title>By: laryea</title>
		<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6282</link>
		<dc:creator>laryea</dc:creator>
		<pubDate>Tue, 25 Mar 2008 19:13:24 +0000</pubDate>
		<guid>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6282</guid>
		<description>why dont they just turn some of these developments into highrise apartment buildings instead of condos... not everybody can afford condos especially now! why do they keep proposing condos? we need a developer that will bring a project of about 30- 35 stories of nothing but apartments, i guarantee that the project would not be delayed nearly as much as these ones with condos. and another thing, somebody needs to renovate the outside of the wachovia building and put some new lights on the exterior so we can see the damn thing at night! this thing is invisible at night and dusk. i think raleigh's buildings downtown lack significant lighting as well, you'll be surprised how much better downtown highrises would look if they had good lighting at night. matt needs to give them a picture of one of his photography shoots and tell them to make the current buildings look like that. if raleigh's skyline really resembled like it does in matt's rendering it would look three times better.</description>
		<content:encoded><![CDATA[<p>why dont they just turn some of these developments into highrise apartment buildings instead of condos&#8230; not everybody can afford condos especially now! why do they keep proposing condos? we need a developer that will bring a project of about 30- 35 stories of nothing but apartments, i guarantee that the project would not be delayed nearly as much as these ones with condos. and another thing, somebody needs to renovate the outside of the wachovia building and put some new lights on the exterior so we can see the damn thing at night! this thing is invisible at night and dusk. i think raleigh&#8217;s buildings downtown lack significant lighting as well, you&#8217;ll be surprised how much better downtown highrises would look if they had good lighting at night. matt needs to give them a picture of one of his photography shoots and tell them to make the current buildings look like that. if raleigh&#8217;s skyline really resembled like it does in matt&#8217;s rendering it would look three times better.</p>
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		<title>By: Ernest</title>
		<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6278</link>
		<dc:creator>Ernest</dc:creator>
		<pubDate>Tue, 25 Mar 2008 17:18:10 +0000</pubDate>
		<guid>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6278</guid>
		<description>The developers are revising the design - not size - of the building and they are finalizing the details on the financial aspect. As you can imagine, these days lenders are VERY skeptic and reluctant to loan money when they hear of condos. From what I heard, the cost of the tower has skyrocketed and the developers are taking one final look in the design.

As some of you might have heard, an alternative design for Lafayette is also being considered. Not the architecture and size, but rather the uses. The developer wants to have the flexibility to add more hotel space and bring the minimum number of condos to half the current one. He said that he still anticipate what is proposed, but he wants to be flexible, in case the lender feels reluctant about the residential part. There will be a 5 month delay, which is also associated with the environmental clean-up of the site - sounds like the city officials are dragging their feet. So, by 2010 we should have Charter Square (former City Site One) and Lafayette finished, with The Edison following in 2012... Assuming everything goes well.</description>
		<content:encoded><![CDATA[<p>The developers are revising the design - not size - of the building and they are finalizing the details on the financial aspect. As you can imagine, these days lenders are VERY skeptic and reluctant to loan money when they hear of condos. From what I heard, the cost of the tower has skyrocketed and the developers are taking one final look in the design.</p>
<p>As some of you might have heard, an alternative design for Lafayette is also being considered. Not the architecture and size, but rather the uses. The developer wants to have the flexibility to add more hotel space and bring the minimum number of condos to half the current one. He said that he still anticipate what is proposed, but he wants to be flexible, in case the lender feels reluctant about the residential part. There will be a 5 month delay, which is also associated with the environmental clean-up of the site - sounds like the city officials are dragging their feet. So, by 2010 we should have Charter Square (former City Site One) and Lafayette finished, with The Edison following in 2012&#8230; Assuming everything goes well.</p>
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		<title>By: Anonymous</title>
		<link>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6277</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 25 Mar 2008 16:37:04 +0000</pubDate>
		<guid>http://raleighskyline.com/content/2008/03/17/raleigh-skyline-for-march-2008/#comment-6277</guid>
		<description>WHAT'S THE LATEST HOLDUP ON THE REYNOLDS (HILLSBOROUGH STREET) PROJECT?</description>
		<content:encoded><![CDATA[<p>WHAT&#8217;S THE LATEST HOLDUP ON THE REYNOLDS (HILLSBOROUGH STREET) PROJECT?</p>
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