Development Beat

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Friday, October 8, 2015

It’s the end of another week here on the Development Beat, and we’ll wrap things up with a quick look at some recent renovation permits issued throughout the city.

 

But first – an answer to a reader’s question. Mike asked what was happening at 801 N. West Street. Metro on is working on an expansion there for the headquarters of Morehead Capital. I spoke to a company rep there yesterday, and work is almost complete.

First up is a roof replacement for White Wall Auto Repair, located at 3300 Hillsborough Street. The slate roof will be replaced at a cost of $514,386 by Teamcraft Roofing. Fun fact for Billy Joel Fans — whitewall tires were originally considered the cheaper/less cool option following the invention of all-black tires.

Whitewall Auto Repair Shop

Wake County

Whitewall Auto Repair Shop

Something about zinc oxide and carbon black. But I guess if your main concern is cruising the Miracle Mile in Long Island, the chemistry behind your tires doesn’t really matter.

There were two other roof jobs permitted last week; one, a $224,609 project by Baker Roofing at for a furniture shop located at 2004 Yonkers Road, the other a multi-faceted job that received a total of 18 separate permits totaling $900,000 for the Summerwood Apartments located on Shadetree Lane in Northwest Raleigh. The project will be handled by Wilkinson Construction.

Next up, Gurkin Construction will be handling a $235,517 upfit for a specialty dental office at the Meredith Woods Professional Office Building located at 2310 Myron Drive in Raleigh. The specialty in question will be endodontics, which is apparently the study and the treatment of “the dental pulp.” Not sure what that is, but like most things related to dentistry, it sounds nightmarish.

Meredith Woods

Wake County

Meredith Woods

One other interesting fact: Gherkin, which we assume is pronounced the same way as the contractor on this job, also happens to be a British slang term. The things you learn from listening to Eminem.

Last but very, very far from the least this week is something very exciting coming to a shopping center off Glenwood Avenue in North Raleigh: permits were issued September 30 for a Little Caesar’s at 4800 Grove Barton Road. The $124,100 project will be handled by a contracting firm apparently named David Peoples. The shopping center, for the curious, is named Lynnwood Plaza.

Lynnwood Plaza

Lynnwood Plaza

Thursday, October 7, 2015

Work continues at the Crabtree Marriott Hotel, which received permits valued at just more than $1 million on October 2.

The Crabtree Marriott

The Crabtree Marriott

The job was described on the permits as renovations and improvements to an “amenity area” at the hotel. Unfortunately, a further description of this so-called amenity area is lacking from the permits, and the area’s contents are left up to the reader’s imagination. For a million bucks though, we figure it’ll probably at the least have a pretty decent TV.

From May 19 through last week, more than $10 million worth of work has taken place at the hotel, which has received floor-by-floor renovation permits.

IDC Construction has been the contractor of record for all of this work.

Another shared-space project receiving permits last week was an office building at 4505 Falls of the Neuse Road. With a combined total of six permits — one for each floor — plans call for the “Somerset Common Areas” to be renovated.

Restroom renovations are scheduled for this office building on Falls of Neuse

Restroom renovations are scheduled for this office building on Falls of Neuse

Common areas, at least in this office building, appears to be a nicer way of saying restroom facilities. Personally, we think “comfort station” is the best euphemism for bathrooms used by the industry, but that’s just us.

The work will be handled by McKenna Construction.

Tomorrow: we get into the rest of the renovation permits.

Wednesday, October 6, 2015

Welcome back to another day of the Development Beat. First off — apologies for no Teardown or Terrific Tuesday yesterday; it was election day and I had a campaign finance story I was working on.

Thankfully, today we get to look at a project that’s been discussed in this space twice earlier; first in March, then again in August.

5501 Capital Boulevard

Wake County

5501 Capital Boulevard

In March, we reported that:

Site plans for a new shopping center on Capital Boulevard were also filed this week, by Florida firm PHDevelopment, which owns and manages a number of properties in the area, including 6201 Glenwood, which was once home to Fat Daddy’s burgers and is now occupied by a Panera Bread.

According to county records, PHDevelopment purchased the property at 5501 Capital Boulevard, currently a car dealership, from Charlotte’s Muskgrave Properties in December 2014 for $3.1 million. The site plan is being handled by the Curry Engineering Group, and calls for a 19,426 square-foot space.

We went on to speculate that the space would become a new shopping center, as this is what PHDevelopment specializes in, but we were way off. In what is probably no surprise to anyone but this reporter, PHDevelopment will be turning this former car dealership into … another car dealership.

Building permits were filed August 25 for two new structures at 5501 and 5505 Capital Boulevard, one for a 6,422 square-foot building and the other for a 13,004 building. Both permits were pulled by Callahan Construction, and both were listed at a cost of $13.5 million. We imagine that’s the total cost of the project, but if anything, the lesson for today is that we shouldn’t speculate in this space.

On September 28, permits were filed for a new 6,422 square-foot shell building at 5505 Capital Boulevard. Callahan is once again listed as the general contractor, and the cost is still pegged at $13.5 million, emboldening our claim that the figure represents an overall project cost vs. the cost for any one building.

Triangle Electrical, Carolina Commercial and Waco Plumbing will be handling the electrical, mechanical and plumbing portions of the project, as they have for past phases.

Monday, October 5, 2015

Welcome back to another week on the Development Beat, where we’ll start things off with a look at the ongoing construction of an apartment complex at the Wade Park development, located off Wade Avenue not far from the PNC Arena.

Titled the Post Parkside at Wade, the two buildings will be four, 3-story units at 9,300 square feet, and 11-unit 25,389 square-foot structure. The $3 million+ in permits for the project were issued to Barker & Lovette General Contracting.

Sitework for a new parking deck and office building is underway at Wade Park

James Borden / Raleigh Public Record

Sitework for a new parking deck and office building is underway at Wade Park

This project first received permits the week of December 8, and then, as now, it’s a project that’s flying mostly under the radar. The area in which it’s getting built is relatively isolated save for the development itself — which includes these new apartments. In recent months, permits have also been issued for an office building and a parking garage in the area.

The apartments in December received a total of 13 permits with a total value of $26.6 million. The development will apparently consist of ten 3-story buildings, ranging in size from 35 to 70,000 square-feet.

CF Evans and Company was the project’s general contractor at the time.

3 thoughts on “Development Beat

  1. Isolated, except for PNC Arena and Carter Finley Stadium right there… and my house! 😉

  2. That White Wall building is probably not worth 500k much less the roof. Has to be a mistake or something else.