Multiphase Revitalization Envisioned as a Distinctive Urban Area
Kane Realty Corporation and Williams Realty & Building Company are thrilled to announce the second phase of construction is underway at Smoky Hollow, a transcending project injecting a creative mix of uses into downtown Raleigh. The second phase of Smoky Hollow will feature 225,000 RSF of Class A office space at 421 N. Harrington St., structured parking, The Line downtown apartments and an engaging pedestrian promenade encompassed by 40,000 SF of street-level restaurants and retail. The pedestrian experience will be activated with events and inviting outdoor gathering areas. The first phase of Smoky Hollow, delivering spring 2020, features Peace Raleigh apartments and Publix grocery store. A future third phase of Smoky Hollow will feature additional multi-use development.
“Along with our partner Williams Realty & Building Company, we are committed to smart-growth and development in Raleigh,” said John Kane, CEO of Kane Realty Corporation. “Together, we are helping to enhance the downtown lifestyle for workers, residents and visitors and we think this will be a truly special place to experience.”
An extension of the existing vibrant neighborhood, while deeply rooted in the site’s transportation and industrial history, Smoky Hollow is a neighborhood reborn from history located in downtown Raleigh. Future City of Raleigh Devereux Meadows Park with rehabilitation focused on open green space, water features and greenway connections is adjacent to Smoky Hollow.
421 N. Harrington St., a 9-story, 225,000 RSF office building atop active ground-level retail, will open as part of the second phase of Smoky Hollow in late 2020. The office experience will feature refined industrial influenced design mixed with lifestyle-oriented workplaces such as large conference space, collaborative work areas, outdoor terraces and a bicycle center.
The Line downtown apartments, also opening late 2020, will feature 283 apartment homes with best-in-class urban amenities and finishes. Peace Raleigh apartments includes 417 premium apartment homes above an approximately 46,000 SF Publix grocery store with approximately 5,000 SF of additional retail space.
Little Diversified is the architect for 421 N. Harrington St. office, JDavis is the architect for The Line downtown apartments, and Cline Design is the architect for Peace Raleigh apartments. Clancy & Theys Construction Company is the general contractor for phases one and two of Smoky Hollow. Lionstone Investments is an equity partner for phases one and two.