618 Hillsborough St

As one of the last development opportunities remaining in downtown Raleigh, the approximate 0.68 acres are adjacent to Glenwood South, where their food and beverages tax collections generated over $124M. Across the street, the 600 Block of Hillsborough, Heritage Properties recognized the location as premium and after constructing Bloc83, sold this property, establishing a record sale. This property is situated directly opposite Bloc83, an influential and forward-thinking mixed-use, multi-tower development that has transformed the Glenwood South area. This property benefits from the remarkable enhancement of the city’s urban environment. Bloc83 has introduced a fusion of residential, commercial, and entertainment spaces, reshaping the urban landscape and enriching the local community.618 & 630 Hillsborough Street are a combined parcel of approximately 0.68 Acres Strategically located in Downtown Raleigh’s booming retail center Prime position in Glenwood South, which generates $1.2 Billion in resident and visitor spending and their food and beverage tax collections generate more than $124M Across the street from Block 83, Raleigh’s premier office and mixed-use development One of the last remaining development opportunities in Glenwood South 618 Hillsborough Street • Current Char-Grill Restaurant • Char-Grill plans to remain Downtown • 16,552 SF 630 Hillsborough Street • Taylor’s Garage (Permanently Closed) • 13,440 SF signalized, corner lot Zoned Downtown Mixed-Use-20 Stories-Shopfront-Conditional Use (DX-20-SH-CU). For more detail, refer to City of Raleigh UDO and the recent zoning case (Z-65-22) Allowed Uses: • Hotel • Retail • Apartments • Office • Industrial • Site Plan Approved for 3,200 SF Restaurant, rendering available upon request