Downtown Raleigh Welcoming Residential Development

New housing developments in and around the center city are beginning to revitalize the east end of downtown.

1 minute read

June 13, 2001, 1:00 PM PDT

By Christian Madera @http://www.twitter.com/cpmadera

"The success of new housing on downtown Raleigh's west side is finally spreading east. Developers and buyers had long scorned the east side of downtown, which stretches about 10 blocks eastward from Wilmington Street to Tarboro Road. But now builders are finding a growing market for new homes going up in an area previously known mostly for its crack and liquor houses." Through the city's redevelopment program, 70 percent of the new homes are intended for moderate- and low-income residents, and priced under $120,000.

Thanks to Christian Peralta

FULL STORY: Home builders look east

Tuesday, June 12, 2001 in The News & Observer

Housing North Carolina

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