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Raleigh, NC Real Estate: Cranes Over Raleigh! Downtown investment in condos and hotels.

I get a kick out of tower cranes. The fellows who operate them have responsibility for the safety of all the folks below, and much of the work depends on the teamwork and trust in fellow workers.

Multi-ton components are maneuvered above the city streets, and precisely placed.

Anyway, lately, Raleigh, North Carolina has been spotted with cranes as hotels and mixed-use towers are assembled. Today I thought I would catch a few and pass along for all to enjoy.

Just imagine the view from the top of a tower crane that is used to assemble a 39 story high-rise building! Of the view of the Raleigh skyline from a setting like Bloomsbury Estates.

Bloomsbury Estates photo, January 2007 Bloomsbury Estates in January, 2007

Bloomsbury Estates at Boylan Avenue from Mountford Street Bridge Bloomsbury Estates 10/11/2007 from Mountford Street Bridge

Bloomsbury Estates at Boylan Avenue Bloomsbury Estates Condos 10/16/2007

RBC Plaza 10/11/2007 RBC Plaza

Marriott City Center Hotel crane 10/16/2007

Shaw University Institute for Health, Social, and Community Research red iron going up.

West at North condos. At the intersection of West and North Streets in downtown Raleigh, NC.

Renaissance Raleigh Hotel at North Hills

Posted by Mike Jaquish Keller Williams Realty, Cary, NC on 10/16/2007 10:00 PM

Comments (2)

raleigh, north carolina, nc, condos, mixeduse

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2 Comments on Raleigh, NC Real Estate: Cranes Over Raleigh! Downtown investment in condos and hotels.

Mike,

I worry that Raleigh may be over doing it with the big buildings. I hope not - hopefully some of that growth will trickle down US 1 to Sanford.

10/18/2007 01:16 AM

by Rita Taylor | Sanford NC Real Estate & Homes for Sale in Sanford North Carolina (Strother Real Estate)

Rita,

It is testimony to the strength of downtown Raleigh that these condos sell out fast.

I hope they are being bought predominantly by owner-occupants, and not investors with no stake in the community.

10/18/2007 05:53 AM

by Mike Jaquish Keller Williams Realty, Cary, NC (Keller Williams Realty)

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