Raleigh Leaders Move Ahead With Downtown Headquarters Hotel
January 31, 2020Stay in the know with exclusive industry news, click here and subscribe to our eNewsletter today!
As Raleigh, NC continues to experience rapid growth, city leaders have unanimously approved the first phase of a convention center headquarters hotel and separate office/mixed-use tower in downtown.
The city manager and commercial real estate firm Jones Lang LaSalle will issue a Request for Interest on January 27th to identify a pool of potential developers for the project that would include a 500-plus room full-service hotel with meeting space and a second site for an office tower and mixed-use space.
Right now, visitors to the convention center have only the 401-room Marriott, 165-room Residence Inn, and 353-room Sheraton as hotel options within walking distance.
The proposed towers, zoned for 40 stories, would be located on two one-acre surface parking lots on Fayetteville Street in front of the Duke Energy Center for the Performing Arts, placing the headquarters hotel within walking distance of the convention center.