rezoning of Pleasant Valley Promenade in Raleigh (Cary, Apex: real estate, apartments)
Raleigh, Durham, Chapel Hill, CaryThe Triangle Area
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Kimco Properties, the commercial real estate firm, has applied for the northern half of the Pleasant Valley Promenade shopping center off of Glenwood in northwest Raleigh to be rezoned. The request is "Commercial Mixed Use-5 Stories-Parking Limited-Conditional Use" (CX-5-PL CU). This sounds like a North Hills type of development, with apartments above and retail at ground level.
The inference is that Dick's Sporting Goods, Ashley Homestore Outlet, and everything in between as well as the former movie theater and gym most recently used for the Van Gogh "experience" will be torn down. Also the strip on the northwest side that has Gino's Pizza.
Zoning for the half of the shopping center nearest Glenwood would not change.
Pleasant Valley Promenade has had vacancy problems ever since it opened circa 1987, particularly the parts not visible from Glenwood. So, I'm not surprised. But it goes to show that any less successful shopping center in Raleigh is a prime candidate for rebuild as mixed use.
This became public about six months ago. They reportedly said they don't plan to tear down any of the existing buildings, but it would seem difficult/impossible to adequately redevelop without doing that, so maybe TBJ was mistaken.
Anyway, it goes before the Planning Commission next week.
Didn't they just recently renovate the whole shopping center where Dicks (i thought it was a golf place before) in the past 2-3 years? Now they are tearing down??
But unless they plan to build apartments that are cantilevered above the existing retail space, I'm with SFspiderman. Tear-down seems inevitable. The other possibility is that Kimco has an agreement to sell the tract, contingent on a rezoning, to someone who plans to redevelop it eventually. I wonder how long the existing leases have to run before they expire.
This is great! If you ask me lets just abolish the towns of Zebulon, Wendell, Knightdale, Apex, Holly Springs, Garner, Morrissville , and Fuquay Varina and put everyone in Cary/Raleigh. Redeveloping everything to accommodate for that. Now that's how you get a real lively city with things like nature/farms not far away. Alas I can only wish. Nice project though! Wish it somehow reduced sprawl instead of just attracting more people. Wish we could redevelop all these nasty strip malls.
This is great! If you ask me lets just abolish the towns of Zebulon, Wendell, Knightdale, Apex, Holly Springs, Garner, Morrissville , and Fuquay Varina and put everyone in Cary/Raleigh. Redeveloping everything to accommodate for that. Now that's how you get a real lively city with things like nature/farms not far away. Alas I can only wish. Nice project though! Wish it somehow reduced sprawl instead of just attracting more people. Wish we could redevelop all these nasty strip malls.
Yes, let's abolish towns that have been around for hundreds of years before you were born.
this is where City of Raleigh needs to ID some of the more "ghost town" strip malls and buy them for future affordable housing and mixed use. By definition, they're all on transit lines.
Yes, let's abolish towns that have been around for hundreds of years before you were born.
Well for zebulon and Wendell they are not 100 years older than me at all. Think both were founded in 1907. All I really want to say is grow raleigh more than sprawl raleigh!
this is where City of Raleigh needs to ID some of the more "ghost town" strip malls and buy them for future affordable housing and mixed use. By definition, they're all on transit lines.
But it goes to show that any less successful shopping center in Raleigh is a prime candidate for rebuild as mixed use.
Raleigh's 2012 UDO rewrite quietly allowed apartments in almost all office / retail, and many industrial, zones; OX, CX, NX, DX, and IX districts all allow residential by-right. Only Office Park (OP) and Industry-Heavy (IH) districts don't allow residential.
Most of the interest so far has been in filling in half-built office parks with apartments, since most retail land is too valuable for low-rise redevelopment. But the north half of Pleasant Valley Promenade has never been all that popular, and it's adjacent to other apartments. Having more residents nearby will make the remaining retail more valuable for smaller shops and restaurants.
Redeveloping everything to accommodate for that. Now that's how you get a real lively city with things like nature/farms not far away. Alas I can only wish. Nice project though! Wish it somehow reduced sprawl instead of just attracting more people. Wish we could redevelop all these nasty strip malls.
Hey, we kind of agree! Our cities could become much livelier and sustainable by redeveloping the vast swathes of car-dependent
But new houses don't attract more people; houses built today are sold/rented to people born decades ago. All net new housing demand in America now comes from households with at least one person aged 60+.
Suburban zoning laws were written in an era when life expectancies were closer to 60 than to 85, so there's an entire generation that they just plumb didn't account for.
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