Raleigh City Council approves Kane’s $150 million The Dillon project

0
1703
new dillon
Rendering of the development, named The Dillon

Raleigh City Council has unanimously  approved a request by Raleigh-based Kane Realty to build two new mixed-use development towers at the site of the old Dillon Supply Co. warehouse in downtown Raleigh’s Warehouse District. The move allows the company to build a $150 million mixed-use project that includes a commercial tower and residential building up to nine stories tall.

The project, called The Dillon, would include a 17-story commercial tower and a nine-story residential tower with the accompanying parking, retail and restaurant space on the ground floor, The Triangle Business Journal has reported.

The revised plan also restricts the use of certain building materials and preserves the “Dillon Supply Co. Steel and Pipe Products” sign on the warehouse that currently occupies the site. Kane’s initial proposal would have allowed the company to replace the sign if it was damaged during construction.

dillon
The current Dillon Supply site

At build-out, the rezoning application will allow about 210,000 sq. ft. of office space, 260 apartment units, and parking deck. Kane also noted that the first phases of The Dillon could be ready for occupancy by the end of 2017.

The development would be on the 2.5-acre site that Dillon Supply, a 100-year-old Raleigh company, still uses for storing its building supply products at the corner of West and Hargett streets. It is near the redeveloped Citrix project.

new dillon
Rendering of the development, named The Dillon

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.