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Raleigh mayor Nancy McFarlane joined developers Wednesday to break ground on a 23 story apartment building, called SkyHouse Raleigh, that will rise in downtown Raleigh.
"The concept was, going to build 320 great apartments and then on top of that build a house. For everyone who lives there, we have a pool outside of the house, said Jim Borders, the president of Novare Group.
"Generation Y folks really want to be part of the community and not in an isolated area."
downtown Raleigh promises to give young professionals what they want a towering place to live in the heart of the city.
Red Hat building, 19 stories.
The rise of SkyHouse will continue the boom in the downtown Raleigh housing market. Just this year, apartments have been built on North Boylan and St. Mary adding 395 units downtown.
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The Wells Fargo Capitol Center, 30 stories.
The mayor of Raleigh says she believes there soon will be an agreement with Gov. Pat McCrory's administration to acquire land at a now closed North Carolina mental hospital the city wants to convert into a regional park.
Here are Raleigh tallest buildings, by stories:
New high rise apartment building in the works Saucony Originals Grid Sd for Raleigh
SkyHouse is expected to open to renters in a year.
"The one thing everyone keeps asking me about is a grocery store," McFarlane said. She hopes Reebok Kendrick Lamar Blue Red
Novare completed the SkyHouse Midtown in Atlanta and Reebok Classic Shoes White
has similar projects under way in Dallas, Houston, Austin and Orlando.
McFarlane joined officials from Novare Group, Batson Cook Development Company, and Edison Land LLC at 308 S. Blount Street for the ground breaking.
The Downtown Raleigh Alliance said the building will be a good fit for young professionals.
The apartment building will have 320 units at the southwest corner of Martin and Blount streets. The complex will overlook Moore Square and City Market.
Another 420 units are under construction.
A new high rise apartment building in Reebok White Gum
The PNC Plaza, 33 stories.
"It really is responding to what people want," said David Diaz, president and CEO of the Downtown Raleigh Alliance.
SkyHouse will have 5,400 square feet of retail in addition to the apartments, developers said. Apartments will be one, two and three bedrooms, with the signature "sky house" at the top.
story apartment building to rise in downtown Raleigh
Many families priced out of living in downtown Raleigh
the rise of SkyHouse will make a grocery store feasible for downtown.
Two Hannover Square, 29 stories.
But even with the growth, one important element is lacking.
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