Wall Street Grads Snap Up 50 NC State Houses in $26M Buying Spree
A new Raleigh investment firm launched by alumni of Apollo Global Management has made a splashy entrance into the Triangle market, scooping up a 50-home portfolio near North Carolina State University for $26 million. The collection includes multiple off-campus single-family houses near Western Boulevard and a locally...
Duke Energy’s largest battery storage facility now open in Knightdale
Duke Energy’s largest battery energy storage facility is now operational in Knightdale. At its peak, the facility can provide 100 MW of power for up to two hours. "This is our first 100 megawatt site as a company. That's a reflection of the growing need on the system," said Gray Thompson, business development manager...
Raleigh Garden Showdown as Athens Drive Library Fights to Stay Put
Wake County commissioners signaled Monday that they want the Athens Drive Community Library to stay rooted in the neighborhood, directing staff to explore buying the Well Fed Community Garden across from Athens Drive Magnet High School. The move would shift the branch off the high school campus and into a...
Unhurried Café and Gathering Space to Debut in Raleigh
RALEIGH, NC — Biddy Thomas, a café and community gathering space from owner Margaret Soler, is targeting a spring opening at 2409 Crabtree Blvd Suite 100 A, Raleigh, NC 27604. Soler told Business Debut the concept is designed as a modern social club and “third place” where guests can relax, play games, share food,...
Raleigh Housing Showdown: Activists Push $200M Bond as Rents Squeeze the City
Livable Raleigh is turning up the heat on City Hall, urging leaders this week to put a $200 million affordable housing bond on the fall ballot as the city’s housing crunch tightens. The citizen group argues Raleigh needs a big, voter-approved cash infusion, not a cautious half-measure, and says its proposal would...
Late-Night Arson Scare Rattles Raleigh Homeless Hub
A Raleigh man is facing a first-degree arson charge after authorities say he tried to start a fire late Tuesday night at Oak City Cares, a downtown hub for people experiencing homelessness. Several people were inside at the time, but authorities did not immediately report any life-threatening injuries. Court...
NCDOT announces train to Rockingham rides again
RALEIGH -- The N.C. Department of Transportation's Rail Division announced today that NC By Train, the state's passenger rail service, will run a special train from Raleigh to Rockingham ...
One Of North Carolina’s Best Brunch Restaurants Is A Cute Raleigh Gem With Tasty...
A popular brunch in Raleigh, North Carolina consists of chicken and waffles, fried green tomatoes, and peach cobbler. Except, one restaurant in the capital city has been shaking things up with a Cajun twist. Hummingbird, a 20-minute drive east of the Raleigh-Durham International Airport, is in the heart of downtown...
Let’s go back to Mayberry
Nostalgia can be a tricky pastime. Longing for life in the 21st century to be like an idealized 1960s television show is an exercise of wishful thinking, but I still wish we could return to Mayberry. The Andy Griffith Show always comes to mind when I visit once vibrant downtowns...
Clayton Storage Break-In Investigation Leads To Arrest
CLAYTON, N.C. — A Clayton woman has been charged after investigators say she sold a cellphone stolen during a break-in at a rental storage unit. The Johnston County Sheriff’s Office said the case began Jan. 28 when a 27-year-old Clayton man reported his storage unit on Loop Road had been forcibly entered. About...
