Things are truly heating up!!!
It has been almost three months since the new version of RaleighMSA.com was uploaded. What a shame I couldn't follow up with an impressive update in the contents area, particularly the ever popular New Projects and Construction Updates sections. Things are about to change, though...
Summer has begun, and the heat has arrived in full force. Along with the heat, we feel the pressure of record-high gasoline prices, the threat of property tax and utilities increases, and in our case - being the central theme of this website - the stalling of several projects that created enthusiasm in the past few years, due to reluctant commercial lenders. For many publications, as well as other media, the doom and gloom is what sells a lot and this is what they focus on. RaleighMSA.com, on the other hand, remains positive and looks at the glass half full, instead of half empty.
In the middle of all the doom that seems to sell these days, there are positive news, and I'll be happy to report them. First, we received enough rain to fill up our reservoires and move forward without the threat of water deprivation... At least for another year. However unwanted the drought is, it helped several projects to move along faster than expected and beat deadlines. RBC Plaza, currently the tallest building in the Triangle, has topped out and it is moving along very fast, with official opening scheduled for the end of this summer. The new Convention Center and Hotel are scheduled to open this Fall, with an official ceremony early this September. Outside downtown, the builder of the Renaissance Hotel in the New North Hills also moved fast and now the building has topped out. Here is a photo of the skyline as it appears after RBC Plaza reached the top:
So, what is new since our last real communication? What can we look for in the future? Is there a hope for something positive in the horizon? The answer is definitely YES!!! Visit the News section for more and you will not be disappointed. We have updates on several projects, inluding the largest one yet: The Edison.