Powerhouse Plaza Plans 10 Story Hotel/Office Complex for Downtown
The preliminary site plan (.pdf file) for a new 10-story highrise in downtown has just been submitted to the City of Raleigh. Williams Realty and Building plans a mixed use building at West and Jones Streets, across from 42nd St. Oyster Bar ( map it ), that will house 4 stories of office space and a 134-room hotel on 5 stories. The structure will have an internal 397-space parking deck, an indoor pool, 7,684 square feet of ground-level retail, and a 4,969 square foot rooftop restaurant.
That giant crashing sound you heard was the dam breaking. Both Bob Winston and the Williams are now interested in the redeveloping areas of downtown. For years now semilocal money has led the way in downtown’s redevelopment, but now we are seeing long-time natives getting in the game!
Note: The site plan portrays the building with East, not North, at the top of the page. The bottom of the page is bordered by 42nd Street, so the buildings across from the restaurant will be razed.
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January 25th, 2008 at 4:14 pm
With Kevn Kinney in town this weekend, it is only appropriate to scream out, “POWER F#$%IN’ HOUSE!!!”
January 28th, 2008 at 10:59 am
Thanks for posting that. Its also amazing that within the coming year or two there will be 3-4 boutique hotels in that immediate area underway.
January 28th, 2008 at 11:23 am
Great location for a hotel which is something downtown lacks.
June 11th, 2008 at 10:02 am
[...] edition (.PDF) about downtown development. One feature in the article is the previously mentioned Powerhouse Plaza (across from 42nd Street Oyster [...]
July 15th, 2008 at 5:16 pm
[...] development team behind Powerhouse Plaza (previous article) has released new renderings for their highly anticipated project. The 11-story [...]