Raleigh just keeps growing, and now adding to that growth are two new major developments that are coming to the Five Points area. Here, we take a look at the details of each of these projects and what you can expect once they’re finished—as well as what they will contribute to Raleigh.
In an effort to revitalize the former Peden Steel site across from Dock 1053, Raleigh developer Grubb Ventures is developing Raleigh Iron Works, a mix of office, retail, and residential space that includes renovating and repurposing two of the former Peden Steel warehouses. The project is also in collaboration with Jamestown, the project designer behind Ponce City Market in Atlanta and Chelsea Market in Manhattan, which means this area is going to be uber-cool. Get all the details at RaleighMag.com!
The Junction at Five Points
The Junction at Five Points was built in 1954, and will now be completely remodeled into 35,000 square feet of creative office and retail space, as well as sprinkled ground floor storage and a spacious parking lot. The development will be super-close to Nickelpoint Brewing Company and Neuse River Brewing & Brasserie. We don’t know too much about the tenants that’ll be going into The Junction—with the exception of Bright Spot Donuts, a concept in collaboration by Benchwarmers Bagels, Boulted Bread, and Jubala Coffee. How exciting!