"Carolina Row" $90 Million Development Project coming to Crabtree Valley Mall
(click for article)
Crabtree Valley Mall has been a Raleigh staple ever since Roddy Jones constructed the "second largest mall in the Carolinas" in 1972 and it only looks to be expanding. Texas Trademark Property Co. is planning on a new "mixed use" development across the street from the old shopping mall, named "Carolina Row."
A few take aways for your Compass:
- 150,000 square feet is planned for construction
- 175 apartments will sit above the new mall
- Pedestrian bridge will connect Crabtree and Carolina Row
- 530 apartments are planned with future demolition of Richmond Hills Apartments
(currently has 71 units)
Construction is great, and Crabtree's neighbors have certainly needed a facelift since the early 1990s, but questions will arise and I hope Carolina Row has answers for them, especially with these large resident numbers!
How do you add parking (already a nightmare at Crabtree)? What will the new traffic flow look like? Who will rent these 600 plus units?!
Keep an eye out on this project Raleigh.
- Capital Compass