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Monthly Archives: April, 2014

Triangle Shines in Top Ranked NC Schools List

Several high schools from the Triangle were ranked highly in U.S News & World Report’s 2014 Best High Schools list. To produce the list, 19,411 schools were analyzed using a 3-step process: Step 1: Determine whether each school’s students perform better than statistically expected for the average student in the state. Step 2: Determine whether each school’s least-advantaged students perform better than average for similar students in the state.Read more about Triangle Shines in Top Ranked NC Schools List

North Hills Expansions Spring 2014

Raleigh’s North Hills development is a trendy spot for the city’s Midtown, and development continues to boom with the goal of a multi-generational community that caters to young professionals and retirees. In the last 11 years, Kane Realty Corp. and its partners have invested over $750 million in the redevelopment of North Hills. North Hills unveiled its latest addition, Midtown Park and amphitheater, on Saturday with live music, fashion shows,Read more about North Hills Expansions Spring 2014

Downtown Raleigh Revitalization

Outgoing Raleigh chief planning and development officer Mitchell Silver spoke at the annual State of Downtown Raleigh event Thursday morning and discussed the future prospects for Raleigh’s downtown core. The event was Silver’s last public speaking engagement in Raleigh before he starts his new job in New York City in May. Silver shared the 2013 accomplishments for the city, including: Completed $343 million in new commercial development projects StartedRead more about Downtown Raleigh Revitalization

Triangle Home Inventory Holding Back Buyers

Home prices continue to rise in the Triangle, but sellers are still not meeting buyer demand. The average sales price of homes sold in the first quarter increased by 8 percent from last year to $248,643. Shrinking inventories, however, have kept home sales stagnant for most areas. Sellers who did recently list their homes saw a great benefit: speedy sales. The average days on market during the first quarter wasRead more about Triangle Home Inventory Holding Back Buyers

Raleigh’s Union Station Project

Raleigh’s Amtrak station is on track for a new location and modern design complete with retail and commercial office space on three levels in an effort to make the facility pay for itself. The Raleigh City Council recently approved preconstruction services for the new station, which consists of engineering work in support of the design. Construction is scheduled to begin in early 2015 and to be completed in earlyRead more about Raleigh’s Union Station Project

Durham Bulls’ Stadium Renovation

Durham Bulls Athletic Park completed a massive renovation project during this offseason that will improve both the fan and player experiences. This will be the 20th season of operation for DBAP, and its $20 million makeover will be on display for Opening Weekend.   Video Displays & Sound System Three state-of-the-art video displays featuring instant replays, in-game entertainment, and game information have been installed. The largest display, at 28-by-62Read more about Durham Bulls’ Stadium Renovation

Townhouses Desirable in Triangle Market

As land and construction prices rise in the Triangle, buyers and builders are finding townhouses to be appealing alternatives to single-family homes. High demand coupled with low inventory has caused trouble for builders who can’t find lots to develop. According to Movoto, townhome inventories fell by 47 percent between January 2011 and 2014. Now, construction is picking back up with a 6 percent increase in town home production lastRead more about Townhouses Desirable in Triangle Market