Raleigh Moves Ahead with 40-Story Skyscraper in Downtown :: WRAL.com

ByShannon J. Cortes

Mar 1, 2022

The city council paved the way for a project called “The Nexus” at Tuesday night’s meeting. It is a major development, planned to rise to 40 stories, which has taken years to prepare.

UP AND IS NOW $108 A BARREL. >>> RALEIGH SKYLINE COULD SEE ITS TALLEST TOWER IN TOWN HISTORY. CITY COUNCIL PAVED THE WAY FOR A PROJECT CALLED THE NEXUS. IT WILL STAND 40 STORIES HIGH. >> THIS PROJECT COULD REALLY TRANSFORM THIS PART OF DOWNTOWN. THIS IS ONE THAT WILL BE HIGHER THAN THIS BUILDING BEHIND ME HERE. IT RUNS 33 STORIES HIGH. CITY LEADERS CLEARED THE WAY TONIGHT FOR THIS MAJOR DEVELOPMENT TO BUILD UP TO 40 STORIES HIGH. INITIALLY IT ALLOWED NO MORE THAN 20 STORES. IT WILL HAVE REVISED SHOPS AND OFFICE SPACES. THEY APPEAR BEFORE CITY LEADERS TONIGHT AGAIN TO ADD MORE SPACE. MUNICIPAL LEADERS CONTINUE TO RECEIVE THESE TYPES OF REQUESTS FROM DEVELOPERS. >> SEVERAL OF THESE ZONING CASES HAVE COME BEFORE US AND EVERYONE HAS BEEN APPROVED. WE’RE NEARING THE TIME WHEN IT’S TIME TO LOOK AT DOWNTOWN ZONING AND SEND A MORE DEFINITE SIGNAL THAT THIS IS WHERE WE WANT HIGH-RISE BUILDINGS. >> MANY OF THESE BUSINESSES ALONG STREET MARTIN TELL US THEY WANT THE IDEA OF INCREASED FOOT TRAFFIC. OTHERS ARE WORRIED ABOUT HOW THIS WILL CHANGE THE NEIGHBORHOOD HERE. NO WORD WHEN CONSTRUCTION WILL TAKE PLACE.