The owners of the former Kmart property on Western Boulevard in Raleigh are asking the Raleigh City Council for the ability to build up to 20 stories on the site.
Why it matters: Once a bustling retail spot, the property at 4500 Western Blvd. has fallen into disrepair since the Kmart closed in 2018.
- The property is on a future bus-rapid transit line, connecting Cary to downtown Raleigh, making its redevelopment a priority for the city.
Driving the news: Raleigh-based developer CityPlat, which bought the property earlier this year for $14 million, is pursuing the rezoning to make it easier to build multifamily…..