Prior to joining CityPlat, Patel founded Triangle hospitality group Eschelon Experiences. Seelbinder is a longtime friend of Patel. The total buildout cost will be $1.1 million, Seelbinder said. He expects construction to begin in the early to late fall and take between 90 and 120 days. The team has been working on this for about six months, Patel said. The project is moving along in the planning and product development stages with Redline Design Group heading the design. The lot is currently zoned for neighborhood mixed-use development up to three stories, according to Wake County Property records. The Yard concept was chosen over other projects due to its shorter completion timeframe, compared to a tower or bigger project, Patel said. Seelbinder might bring in food trucks as well, he said. ![]() The food offerings will rotate, and could include sandwiches, burgers or fried chicken. Some containers will be stacked on top of one another, creating two stories, said Jon Seelbinder, founder of Local Icon Hospitality. The concept will feature a kitchen and service area in the existing building, a courtyard seating area, and four to five bars and hangout areas inside shipping containers. Developer CityPlat brought on Raleigh group Local Icon Hospitality to operate The Yard. The project, called The Yard, will include an upfitting of the existing building and between 15 and 20 repurposed shipping containers placed in the exterior. ![]() With all the towers that are going on we wanted to preserve what’s existing and do an adaptive reuse,” said Patel, a restaurateur who joined CityPlat in 2020. ![]() “We felt a food and beverage operation would be the best fit for us at the location. Located at 701 Glenwood Ave., the spot drew a lot of interest from groups wanting to build a tower and other large projects, CityPlat’s Gaurav “G” Patel said. Currently housing an auto shop, the lot was purchased by CityPlat and Maryland investment group Modalia Capital in December 2020 for $1.5 million. Now, a local team has plans for a similar version of the concept in Raleigh’s Glenwood South.Ī 0.32-acre lot on the corner of Glenwood Avenue and Peace Street in downtown Raleigh is set to be transformed into a 14,000-square-foot food and beverage concept by Raleigh’s CityPlat and Local Icon Hospitality. The repurposed shipping container development Boxyard RTP made a splash in the Triangle market last year as the first of its kind in the area.
0 Comments
Leave a Reply. |