Quote:
Originally Posted by Mutiny77
Nobody said anything about Raleigh becoming "a skyscraper town like Charlotte." Raleigh's core was already getting several taller midrise projects built and planned over the last couple of years but local zoning regulations largely prevented developers from going higher. The recent changes implemented by city council make it very likely that at least a handful of 300 ft+ buildings will go up over the next decade if the economic fallout from this pandemic doesn't prevent that from happening.
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Going forward, I don't think that Raleigh's future is based on competing with anyone, rather it just doing its own thing. Clearly its future will include more towers in its core, but those buildings won't be built in competition with anyone. It's just never been the city's vibe to worry about such things all that much. If this Covid-19 thing is minimized/managed soon, there will undoubtedly be a different skyline of Raleigh at the end of the decade, but if it drags on and on, then all bets are off. Regardless, Raleigh will continue to open up thousands of new residential units in its core, high rise or not. Also by the end of the decade, Raleigh's MSA population will be out of this category anyway. In fact, that's likely to happen before the middle of the decade.