40-story high-rise building could come to Nash Square in Raleigh

Wednesday, March 2, 2022
RALEIGH, N.C. (WTVD) -- Raleigh is one of the fastest growing cities in the country, and it could soon grow higher in the sky.

Raleigh City Council approved a rezoning request Tuesday night that could allow developers to build structures up to 40-stories tall.
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Our newsgathering partners at the News & Observer report that the development is planned for the site of the old News & Observer building across from Nash Square in downtown Raleigh.

The plans allow for a building up to 40 stories, with 2,425 residential units, 1.4 million square feet of office space and 70,000 square feet of retail shops. Those are the maximum sizes allowed; it's unclear exactly what the development will ultimately look like.
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An original plan for the space called for 300 apartments, 106 condos and around 300,000 square feet of office space. That plan was abandoned when the COVID-19 pandemic began.

Currently the tallest building in Raleigh is the PNC Plaza. It rises 33 stories tall, housing offices, retail areas, parking and residential condos.
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