227 FAYETTEVILLE STREET, RALEIGH, NC 27601

227 FAYETTEVILLE STREET, RALEIGH, NC 27601 2 PROPERTY DESCRIPTION 227 FAYETTEVILLE STREET was completed in 1964 as one of Raleigh’s most prominent...
Author: Jewel Phillips
11 downloads 4 Views 4MB Size
227 FAYETTEVILLE STREET, RALEIGH, NC 27601

2

PROPERTY DESCRIPTION

227 FAYETTEVILLE STREET was completed in 1964 as one of Raleigh’s most prominent modernist structures. Constructed for Wachovia Bank’s regional headquarters for nearly 50 years, 227 Fayetteville now presents itself as the premier location for Class A office and retail space in downtown Raleigh. A meticulous $8.1 million renovation of the building will prepare the building for occupancy in the first quarter of 2015. The building’s lower floors feature high-visibility retail-level

suites

opening

onto

Fayetteville

Street, Wilmington Street, and the prominent Market and Exchange Plazas. In conjunction with the extensive renovation of 227 Fayetteville Street, the City of Raleigh has moved forward with a complete redesign of Market Plaza and Exchange Plaza, set for completion in early 2015. The building now features four renovated elevators servicing the 104,000 square foot building, opening onto

lobbies featuring original terrazzo floors and mosaic tile. 360-degree views of central downtown Raleigh are offered in Floors 4-9 of 227 Fayetteville, as these column-free, 11,000-square foot floor plates are wrapped with operable windows, providing warm, natural light for all within the building to enjoy. The building connects to the Moore Square Parking Deck through a secured tunnel, and also offers a secure bike storage room, providing efficient transportation solutions for the downtown Raleigh workforce. Utilizing the building’s striking original 1960s modernist design and infusing it with modern utilities and new building systems, 227 Fayetteville presents itself as the preeminent real estate offering in Raleigh.

FLOOR PLANS STAIR 2 A603

WOMENS

MENS

A602

A604

STAIR 1 A601

MAIN LOBBY A605

UP DN

HC REST. A606

ELEV 3

ELEV 2

ELEV 1

A607

A608

Floors 4-9

ELEV 4

ELEC.

SHELL SPACE

Approx. 11,000 RSF per floor

STAIR 2 A303

DN

UP UP

MAIN LOBBY

DN

A304

STAIR 1 A306

SHELL SPACE A301

HC RESTROOM A308

ELEC./DATA A305

Floor 3 (Mezzanine)

Approx. 7,942 RSF

236' - 8" 1

24' - 8"

1

STAIR 1

2

3

BR101

A306

4

6

6' - 4"

5

EXIST. WOMENS

EXIST. WOMENS

BR106A

BR106

16' - 0"

EXIST. WOMENS ?

7

BR109A

12 TL

1

028

4' - 0"

025 1' - 9"

11' - 7 1/2"

ELEV 5

1' - 9"

HC REST.

UP

8 A504

4 A201

BR107

116

MAIN LOBBY

51' - 6"

6

BR121

031

A601

ELEV 4

7

1

ELEV 3

ELEV 2

ELEV 1

6

EXIST. VAULT

11' - 7"

6

EXIST. VAULT BR114

6

P-2

5' - 2" P-2

1' - 9"

6' - 9"

6' - 1 1/2"

1' - 10 1/2"

6 6

6' - 4"

BR111 EXST

EXST 6

6

032

1 DEMO EXISTING SHAFT

Concourse 1 (Branch)

6

6

6

2 A203

6

6 1

A

Approx. 16,362 RSF

029

SHELL SPACE BR016

64' - 2"

030

023

022 EXISTING ESCALATORS TO REMAIN

2 A504

UP

P-1

1 A305

027

DN

STAIR 2

A115

P-1

DN

TUNNEL TO PARKING DECK (SEE SHEET A504)

026

024

TL

B 035

EXIST. MENS

8

BR106B ?

CORRIDOR

EXIST. STORAGE

BR113

BR112

BIKE STORAGE 6

BR110

SAMPLE OFFICE LAYOUTS

TRANSFORMATION OF PLAZAS Originally built in the 1960s through a public-private

development and redevelopment. The City of

partnership between the City of Raleigh, Wachovia

Raleigh has completed the redesign of these

Bank, and Raleigh Bank and Trust, Market Plaza

plazas, as their renovations coincide with the

and Exchange Plaza were constructed as a test for

extensive renovation of 227 Fayetteville Street,

the Fayetteville Street Mall. In 2006, Fayetteville

located between the plazas. Completion of the

Street was reopened, unifying downtown

plazas’ renovations is expected to be in Spring

Raleigh’s neighborhoods through Raleigh’s

2015.

main street, and opening the door for a wave of

DOWNTOWN RALEIGH RESIDENTIAL MAP Located in the geographical center of downtown Raleigh, 227 Fayetteville is surrounded by approximately 973 residential units, all within walking distance of the property, with an additional 863 20 units currently in development.

9

NC STATE CAPITOL

8 7

HILLSBOROUGH ST

10 16

11

17 HARGETT ST

18 NASH SQUARE

12

19

13

22

MOORE SQUARE

6

21 20

14

4

23

3

15

RALEIGH CONVENTION CENTER

FAYETTEVILLE ST

5 2

1

1. The Ten at South Person - 10 units

9. Capital Apartments - 31 units

16. The Dawson - 66 units

2. Person Pointe - 12 units

10. Prairie Building - 11 units

17. Park Devereux - 46 units

3. Carlton Place - 80 units

11. The Atrium - 6 units

18. Hue - 208 units

4. Founder’s Row - 48 units

12. 228 Fayetteville St - 2 units

19. Martin Place - 12 units

5. Palladium Plaza - 65 units

13. The Plaza Condominiums (PNC Plaza) - 139 units

20. Skyhouse - 320 units

14. The Hudson - 64 units

22. The Lincoln - 224 units

6. City Market - 4 units 7. New Bern Place - 18 units 8. Bailey Building - 11 units

15. Sir Walter Apts - 140 units

21. The Edison Apartments - 239 units 23. The L - 80 units

DOWNTOWN RALEIGH RESTAURANT/BAR MAP Downtown Raleigh’s growing restaurant scene has recently landed it among the “Top 10 Tastiest Towns in the South” according to Southern Living. Its restaurants, including everything from spicy Laotian cuisine to traditional North Carolina barbecue, have received national acclaim for their culinary achievements and talent.

24 13

15

NC STATE CAPITOL

HILLSBOROUGH ST

7 18 23 3 HARGETT ST

17 11 1

NASH SQUARE

20

4

8 14

25

16 21

9 22

26

6

10

RALEIGH CONVENTION CENTER

1. The Raleigh Times

11. The Morning Times

20. Sitti Authentic Lebanese

2. The Pit

12. Char-grill

3. Gravy

13. Snoopy’s Hot Dogs

21. Bida Manda Laotian Restaurant and Bar

4. The Remedy Diner

14. Capital Club 16

5. Big Ed’s City Market

15. Second Empire Restaurant and Tavern

6. The Fiction Kitchen 7. Subway 8. Quiznos 9. Chick-fil-a 10. Jimmy John’s

MOORE SQUARE

5

2

FAYETTEVILLE ST

12

22. La Volta Italiano 23. Centro 24. The Cupcake Shoppe Bakery

16. Caffe Luna

25. Square Rabbit

17. The Morning Times

26. Videri Chocolate Factory

18. Crema 19. Benelux

19

DOWNTOWN RALEIGH RETAIL MAP With an influx of residential units and a shift for business to be downtown, Raleigh has attracted many local and national retail tenants to relocate to the downtown central business district.

NC STATE CAPITOL

HILLSBOROUGH ST

19

RALEIGH 5 NASH SQUARE

12

18 11

4

17 6

3 7

8

HARGETT ST

9 13 10

2 1

16

22

MOORE SQUARE

15 14

21

RALEIGH CONVENTION CENTER

FAYETTEVILLE ST

20

1. Adam Cave Fine Art

9. Stitch & Holly Aiken Bags

17. Quercus Studio

2. Cimos

10. Feelgoodz

3. City Market

11. Dovetail Fine Woodworking and Fine Art

18. Raleigh Denim Workshop + Curatory

4. Deco Raleigh 5. Father & Son Antiques 6. High Cotton 7. Nora and Nicky’s designer resale 8. nüvonivo

19. Sorry State Records

12. Flanders Gallery

20. Tasty Beverage Company

13. Kimbrell’s of Raleigh Inc.

21. Videri Chocolate Factory

14. Lisa Stewart Designs

22. Visual Art Exchange

15. Lumina Clothing Company 16. Moon and Lola

DOWNTOWN RALEIGH HOSPITALITY/TOURISM MAP Fayetteville Street is the heart of downtown Raleigh’s thriving culture and boasts a never-ending supply of art festivals, concerts, national conventions, holiday celebrations, farmers’ markets and more. The 500,000-square-foot Raleigh Convention Center alone brings 440,000 guests to downtown Raleigh every year.

3

NC STATE CAPITOL

HILLSBOROUGH ST

RALEIGH 16

15

13

HARGETT ST

NASH SQUARE

11

12

14

10

MOORE SQUARE

19

9

1 FAYETTEVILLE ST

2

17

18

8

RALEIGH CONVENTION CENTER

5

4

7 6

1. Raleigh Marriott City Center

8. Lincoln Theatre

14. The Mahler Fine Art

2. Sheraton Raleigh Hotel

9. Artspace

15. Beehive Studios

3. Holiday Inn Hotel Downtown Raleigh

10. The Pour House Music Hall

16. Block Gallery - Raleigh Arts Commission

4. North Carolina Theatre

12. Adam Cave Fine Art

5. Carolina Ballet 6. Duke Energy Center 7. North Carolina Symphony

11. Marbles Kids Museum 13. The Fish Market Student Gallery

17. Raleigh Convention Center 18. Red Hat Amphitheater 19. 311 West Martin Galleries and Studios

DOWNTOWN RALEIGH PARKING MAP 227 Fayetteville has direct access to the Moore Square Parking Deck via a secured underground tunnel, with 300 parking spaces dedicated to tenants. Downtown Raleigh additionally offers over 8,000 parking spaces with both hourly and monthly parking options.

NC STATE CAPITOL

HILLSBOROUGH ST

RALEIGH

13

1

2

HARGETT ST NASH SQUARE

3

MOORE SQUARE

4

11

5

FAYETTEVILLE ST

12

10

9 RALEIGH CONVENTION CENTER

6 7

8

1. Alexander Square Parking Deck (726 spaces)

6. Charter Square Parking Deck (583 spaces)

10. Cabarrus Deck (603 spaces)

2. Wilmington Station Deck (726 spaces)

7. Convention Center Underground Deck (420 spaces)

11. Salisbury Deck (465 spaces)

3. Moore Square Parking Deck (706 spaces) 4. Blount Street Deck (1232 spaces) 5. City Center Deck (1000 spaces)

8. City of Raleigh Parking Deck (24 spaces) 9. Hannover Parking Deck (475 spaces)

12. Wake County Parking Deck (992 spaces) 13. Municipal Building Deck (476 spaces)

MARKET SUMMARY

Fueled by a well-educated pipeline of graduates from Raleigh’s NC State University and nearby UNC-Chapel Hill and Duke University, in addition to several other local private universities and community colleges, Raleigh’s technology scene continues to thrive. In August 2014, the United Nations projected Raleigh to grow faster over the next fifteen years than any other large city in the

United States. Large companies and new start-ups continue to take root in downtown Raleigh, as the area’s most unique commercial spaces are tucked comfortable in the midst of the region’s most popular restaurants, bars, and premier residential and retail offerings. Some of the hundreds of technology companies that find their home in downtown Raleigh are:

Suggest Documents