Raleigh City Council To Consider New Development Up To 40 Stories, 1,400 Residential Units

The Raleigh City Council is set to consider a request during its meeting today that would make way for a new high-rise downtown.

Wilmington-based Zimmer Development filed the request last year and is looking to bring a new mixed-use tower up to 40 stories tall at 506 and 508 Capital Boulevard across the street from the planned Seaboard Station development and across Capital Boulevard from Kane Realty’s Smoky Hollow project.

Filings with the city call for a mixed-use tower complete with retail, office and residential space. The 1.48 acre property is currently zoned for industrial mixed-use up to 12 stories tall

According to filings, the zoning would allow for a tower up to 1.74 million square feet with as many as 1,466 residential units, 897,082 square feet of office space, 213,591 square feet for retail and 222,135 square feet of industrial space.

It’s unknown how much of this space a future project would actually include.

Rezoning conditions included in the request provide for a city bike-share station. The city’s Planning Commission has already unanimously recommended the project for approval. But the North Central CAC voted 7 – 10 against recommendation.

Tuesday’s agenda for City Council also includes five other rezoning requests to allow for new developments and uses at properties and projects throughout the city.

Raleigh City Council will meet online at 7 p.m. to hold public hearings for six rezoning requests as well as a pair of annexations and text changes.

Additional agenda items include:

  • 4800 Duraleigh Road: Hanson Aggregates Southeast LL has requested the city rezone 26.4 acres from Residential-4 to Residential Mixed Use-Five Stories-Conditional Use.
  • 913 Method Road: Angnes Lam requested the city rezone 0.22 acres from Residential-10 with Special Residential Parking Overlay District to Neighborhood Mixed Use-3 Stories with Special Residential Parking Overlay District.
  • 3700 & 3800 Glenwood Ave. and 3710 Exchange Glenwood Place: Grub Ventures requested the city rezone 17.9 acres from Office and Residential Mixed Use-7 with Conditions and Office and Residential Mixed Use-5 to a new zoning of Neighborhood Mixed Use-7; Neighborhood Mixed Use-5 and Commercial Mixed Use-7.
  • 5512 & 5514 Thornton Road: Michelle and James Ricks and Rosabelle and Wilson Thornton requested the city rezone 15.29 acres from Residential-4 to Residential-10-Conditional Use.
  • 510 Carolina Avenue:Ronald H. Garber requested the city rezone 0.89 acres from Residential-6 with the Special Residential Parking Overlay District to Residential-10 with the Special Residential Parking Overlay District with Conditions.