UPDATE by yaoyufang

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									                                           UPDATE
                                           November/December 2001

319 Renaissance Plaza Set to Begin ... Construction work on the former Hudson Belk Department
Store will begin in early 2002 after completion of environmental work and interior demolition. Don Kovitz,
                                                                         General Manager of Modern
                                                                         Continental         Enterprises,
                                                                         owners and redevelopers of the
                                                                         building      believes        that
                                                                         renovation and expansion of
                                                                         the building as they envision
                                                                         will be a catalyst for other
                                                                         projects along the Fayetteville
                                                                         Street corridor. “This is the kind
                                                                         of project needed on the street.
                                                                         It will provide an attractive
                                                                         combination of office and retail
                                                                         space and as importantly,
                                                                         places for people to live.” The
project includes 120 indoor parking spaces, 118,500 sf of office space, 37,300 sf of multi-tenant retail
space and 32 residential units on the 5th and 6th floors. JDavis Architects will design the project.
Kristine Gibson of Triangle Commercial should be contacted at 754-8891 for information about leasing
or sales.

Alliance Moves to 120 S. Wilmington Street … On October 26 the DRA moved to a new storefront
which is part of the Alexander Square parking and retail project east of First Union Capitol Center. The
space provides the opportunity for the Alliance’s staff and the clean and safe services to be consolidated
in one location. The structure provides 748 parking spaces and is located across the street from the
Wilmington Street deck which provides 723 spaces. Our mailing address will not change until after
January 1. Stop by if you’re in the neighborhood.

Thanks to these Businesses … The Alliance is grateful to BellSouth, CP&L, a Progress Energy
Company and the Sheraton Capital Center Hotel. BellSouth provided a grant to enable us to
purchase and install a state of the art phone system with DSL internet connection, so we can keep our
website up to date from the new office. CP&L and the Sheraton Hotel provided furniture including a
secretarial station, reception area furniture and new conference room chairs. Our hat is off to these
businesses for their generous support. It enables the Alliance to operate with low overhead costs.

Lending a Hand … The Alliance wants to recognize Joseph Tolbert, a member of the Safety Patrol.
He has provided assistance to downtown businesses, workers and visitors. In the last issue of the
UPDATE an email from the owner of Sweet Tea & Grits at City Market described the helpfulness of
Officer Tolbert. More recently, Mary Wells, a partner in the law firm of Cheshire Parker Schneider
Wells & Bryan located In the Alexander Building called to thank the Alliance for Officer Tolbert’s
assistance—he had changed a flat tire for her. Officer Tolbert has been rewarded for his “extra” effort
with a gift certificate from Jillian’s, the downtown restaurant of his choice.


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 Edenton Street United Methodist Church Expanding … The City Council has approved plans for a
 22,533 sf expansion and construction of a parking deck. The parking facility will be available on
 weekdays to help alleviate the high demand for off-street parking for State office workers.

  “Impressed” with Downtown Greenville, SC …                 Twenty-two Raleigh business people and
 government representatives traveled to Greenville, SC on October 25 to view the city’s downtown
 accomplishments over the past 23 years. The strategic investments made along a five block length of
 Main Street to create a visitor destination was of special significance. The Hyatt Hotel and Conference
 Center anchors one end while the Peace Performing Center anchors the other. But it is Main Street
 that brings everything together. This 100 foot wide corridor (same width as the Fayetteville Street
 Mall) accommodates two traffic lanes, angle parking, landscaping and wide sidewalks. Most restaurants
 located in the five blocks feature outdoor dining on the sidewalk or adjacent to the sidewalks. From May
 to October the street is programmed to provide music. Finding a place to eat on Friday and Saturday
 nights can be challenging. Our thanks to Mayor Knox White, Economic Development Director Nancy
 Whitworth, and CVB President Chris Stone for their hospitality. Those making the trip included: Ann-
 Cabell Baum, White Oak Properties, Inc.; John Boylan, Spectrum Properties; George Chapman, City
 of Raleigh; Jeffrey Davis, JDavis Architects; Joe Durham, Wake County Government; Linda Harris
 Edmisten, co-owner of 132 S. Salisbury Street; Errol Frailey, Downtown Raleigh Alliance; Roland
 Gammon, White Oak Properties; Kristine Gibson, Triangle Commercial; David Heinl, Greater Raleigh
 Convention and Visitors Bureau; Greg Hobbs, Olympic Properties; Don Kovitz, Modern Continental;
 Jim and Sarah Lofton, The William Thomas House Bed & Breakfast; Ken Maness, City of Raleigh;
 Jim Massengill, CP&L, a Progress Energy Company; Jim Mettrey, Mettrey Commercial Properties;
 Bob Nagele, JDavis Architects; Dave Otterson, Smith Helms Mulliss & Moore; and Carter Worthy,
 Carter Worthy Commercial Inc.

 Gospel SuperFest to be Held on November 23 and 24 … BTI will be the venue for two evenings of
 Gospel music that will generate business for downtown restaurants. If you operate a restaurant contact
 Theresa Tyler of the Greater Raleigh Convention & Visitors Bureau to get more information.

 Seven New Businesses Opened in 3rd Quarter … despite the softening economy nationwide and
 locally, seven new street-level businesses opened recently: City Market Barber & Style Shop at 307 S.
 Blount Street in City Market, Cork Wine & Spirits at S. Harrington Street, Cur-America at 224 E. Martin
 Street, Mary Michele Apparel & Design at 404 Glenwood Avenue, Mr. G’s Comedy (club) at 108 _ E.
 Hargett Street, Romario Shoes at 16 E. Hargett Street and Shanahan Law Group at 207 Fayetteville
 Street Mall.

 Officers and Directors:
 Jim Massengill, Chairman; Frank Baird, Vice Chairman; John Boylan, Secretary; Errol Frailey, President; Richard Averitt; Ann-Cabell Baum; Chuck Bryant;
 Ralph Campbell; Dick Daugherty; Jim Fain; Kevin Gallagher; Joe Hakan; Kathy Hawkins; Jean Laughlin Davis; Hugh Little; Jim Lofton; Dave Otterson;
 Orage Quarles; Harvey Schmitt; Gordon Smith; Gary Williams; Ed Wills; Carter Worthy.

								
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