Jack Hagel of the News & Observer posted in his Real Deals column today about some planned multi-family in the newly developed Seaboard Station neighborhood in Downtown. This is a well-planned district of the city and should be a great place to rent once more multi-family gets established. His column goes on to discuss the market's apartment activity, which seems to be defying the current economic mentality of the general populace.
Also, have you heard about the potential for four more towers in Downtown? Two of them could look down on the soon-to-be-open RBC Plaza. Plans are being submitted and some properties needing to be squashed are already under contract. It will be shame to see Cooper's go, though. Sure, they plan on sticking around in the new building but authentic BBQ in a glossy mixed-use skyscraper? Hardly the same thing.
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