Shop at Crabtree Valley
To add insult to injury (as far as North Hill’s developer John Kane’s $78 million parking deck goes) the city is now building not one but two decks downtown.
The first mammoth ($35-40 million) underground deck is already underway. But just to be sure he doesn’t run out of parking the Mayor’s building another 500 space deck for $24 million ($48,000 per car). Then when it’s completed, some of his developer ‘friends’ are going to build a retail – residential – office space tower on top of it.
So if you build a (what sounds a lot like a mall) downtown you can get the city to build you a deck. If you build one at North Hills you can try – but the Mayor will say he doesn’t subsidize businesses in booming parts of Raleigh (except, apparently, downtown).
So, here’s to the folks at
Click Here to discuss and comment on this and other articles.
Shop at Crabtree Valley
To add insult to injury (as far as North Hill’s developer John Kane’s $78 million parking deck goes) the city is now building not one but two decks downtown.
The first mammoth ($35-40 million) underground deck is already underway. But just to be sure he doesn’t run out of parking the Mayor’s building another 500 space deck for $24 million ($48,000 per car). Then when it’s completed, some of his developer ‘friends’ are going to build a retail – residential – office space tower on top of it.
So if you build a (what sounds a lot like a mall) downtown you can get the city to build you a deck. If you build one at North Hills you can try – but the Mayor will say he doesn’t subsidize businesses in booming parts of Raleigh (except, apparently, downtown).
So, here’s to the folks at
Click Here to discuss and comment on this and other articles.