{"id":3683,"date":"2026-07-01T18:37:01","date_gmt":"2026-07-01T18:37:01","guid":{"rendered":"https:\/\/durhammovinghub.com\/?p=3683"},"modified":"2026-07-01T18:37:01","modified_gmt":"2026-07-01T18:37:01","slug":"downtown-raleighs-crane-lot-is-finally-moving-forward-heres-what-to-know","status":"publish","type":"post","link":"https:\/\/durhammovinghub.com\/?p=3683","title":{"rendered":"Downtown Raleigh\u2019s \u2018crane lot\u2019 is finally moving forward. Here\u2019s what to know"},"content":{"rendered":"<p>After more than a decade of delays, lawsuits and a stalled crane that became a symbol of Hillsborough Street dysfunction, the long-frozen site at 2510 Hillsborough St. is being redeveloped. New owner CityPlat is transforming the property into a mixed-use commercial building across from N.C. State University.<\/p>\n<p>Read more <a href=\"https:\/\/durhammovinghub.com\/?p=3682\">Lemurs, gators, a hero dog and homeless deer: Josh Shaffer\u2019s recent critter columns<\/a><\/p>\n<p>FULL STORY: <a href=\"https:\/\/www.newsobserver.com\/news\/business\/real-estate-news\/article316160924.html\"><u>After a decade of delays, downtown Raleigh\u2019s \u2018crane lot\u2019 is finally moving ahead<\/u><\/a><\/p>\n<p>Here are key takeaways:<\/p>\n<p>CityPlat is building a 7,800-square-foot commercial building for retail, restaurant, bar, event and office use, reusing the existing concrete frame that sat unfinished for years.<\/p>\n<p>Construction is expected to finish this winter, according to CityPlat principal Patrick C. Moore, with most work happening inside the building.<\/p>\n<p>The site\u2019s troubles began in 2014 when developer Hillsborough Lofts planned a seven-story student apartment project. A 2017 arbitration ruling blamed the developer for delays, and the company filed for Chapter 11 bankruptcy soon after.<\/p>\n<p>Read more <a href=\"https:\/\/durhammovinghub.com\/?p=3680\">\u2018It took 50 years.\u2019 Tuscarora tribe recognition takes a step forward in NC<\/a><\/p>\n<p>CityPlat bought the property in 2021 for about $1.25 million and later secured rezoning for a five-story building after exploring hotel and student housing concepts.<\/p>\n<p>Two tenants have already signed on, including national sportswear retailer Rally House and an undisclosed national food and beverage operator.<\/p>\n<p><i>The summary points above were compiled with the help of AI tools and edited by journalists. The full story in the link at top was reported, written and edited entirely by journalists.<\/i><\/p>\n<p>Read more <a href=\"https:\/\/durhammovinghub.com\/?p=3678\">Looking for fireworks around the Triangle? A guide to 4th of July celebrations<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After decade-long delays, CityPlat is redeveloping 2510 Hillsborough St. into a mixed-use commercial building across from N.C. State, with completion expected this winter.<\/p>\n","protected":false},"author":1,"featured_media":3027,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-read-todays-edition"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Downtown Raleigh\u2019s \u2018crane lot\u2019 is finally moving forward. 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