Dalian Development successfully assembled nine downtown Raleigh lots to begin their project. The site currently consists of a mix of single-story office and retail spaces, but with the combined 1.12 acres, Dalian plans to construct a 40-story building that will include apartments, offices, and retail space. After receiving approval from the Raleigh City Council, Dalian was required to make an affordability contribution in order for the project to move forward.
According to reports from Triangle Business Journal, the new zoning allows for up to 808 residential units along with 23,776 square feet of retail space and an impressive 739