{"id":118030,"date":"2016-08-30T05:00:51","date_gmt":"2016-08-30T09:00:51","guid":{"rendered":"http:\/\/raleighpublicrecord.org\/?p=118030"},"modified":"2016-08-28T15:45:24","modified_gmt":"2016-08-28T19:45:24","slug":"development-beat-teardown-tuesday-22","status":"publish","type":"post","link":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/news\/development-beat\/2016\/08\/30\/development-beat-teardown-tuesday-22\/","title":{"rendered":"Development Beat: Teardown Tuesday"},"content":{"rendered":"<p><strong>Brought to you by Rufty-Peedin Design Build<\/strong><\/p>\n<p><strong>Tuesday, August 30, 2016<\/strong><\/p>\n<p>While three demolition permits were issued last week, only one of them was for a new project: the other two were issued to replace previously expired demo permits.<\/p>\n<p>So before we get into the newest knockdown, let&#8217;s take a quick look at these two dismantlings from a not-so distant past.<\/p>\n<p>First up was a permit issued to T&amp;L Holdings for a property at 2304 Hillsborough Street. The first time a teardown was authorized for this &#8220;Seed &amp; Straw&#8221; building (its most recent tenant was &#8220;Hotbox Pizza) was way back in February 2014.<\/p>\n<div id=\"attachment_21994\"  class=\"wp-caption module image aligncenter\" style=\"max-width: 771px;\"><img loading=\"lazy\" class=\"size-large wp-image-21994\" src=\"http:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2014\/09\/hotbox-771x514.jpg\" alt=\"The former home of Hot Box Pizza on Hillsborough Street\" width=\"771\" height=\"514\" srcset=\"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2014\/09\/hotbox-771x514.jpg 771w, https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2014\/09\/hotbox-336x224.jpg 336w, https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2014\/09\/hotbox-1170x780.jpg 1170w\" sizes=\"(max-width: 771px) 100vw, 771px\" \/><\/a><p class=\"wp-media-credit\">James Borden \/ Raleigh Public Record<\/p><p class=\"wp-caption-text\">The former home of Hot Box Pizza on Hillsborough Street, before it was knocked down.<\/p><\/div>\n<p>Before that, it was actually home to a Kinko&#8217;s, way back in the late 90s. Either way, the old building is long gone, and work continues on the new luxury 2304 Hillsborough apartment complex. Technically, it&#8217;s mixed-use: two floors of retail and three stories of residential. Toma Varnedoe Construction is handling the work, and has been uploading occasional photos of their progress<a href=\"https:\/\/www.instagram.com\/tomavarnedoeconstruction\/\"> to Instagram.<\/a><\/p>\n<blockquote class=\"instagram-media\" style=\"background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 658px; padding: 0; width: calc(100% - 2px);\" data-instgrm-captioned=\"\" data-instgrm-version=\"7\">\n<div style=\"padding: 8px;\">\n<div style=\"background: #F8F8F8; line-height: 0; margin-top: 40px; padding: 50.0% 0; text-align: center; width: 100%;\"><\/div>\n<p style=\"margin: 8px 0 0 0; padding: 0 4px;\"><a style=\"color: #000; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none; word-wrap: break-word;\" href=\"https:\/\/www.instagram.com\/p\/BGaczw_Sdax\/\" target=\"_blank\">Going up! Three floors to go&#8230; #podium #tomavarnedoeconstruction #raleighnc #gopack #hillsboroughstreet<\/a><\/p>\n<p style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;\">A photo posted by Toma Varnedoe Construction LLC (@tomavarnedoeconstruction) on <time style=\"font-family: Arial,sans-serif; font-size: 14px; line-height: 17px;\" datetime=\"2016-06-09T00:16:36+00:00\">Jun 8, 2016 at 5:16 p.m. P<\/time><time style=\"font-family: Arial,sans-serif; font-size: 14px; line-height: 17px;\" datetime=\"2016-06-09T00:16:36+00:00\">DT<\/time><\/p>\n<\/div>\n<\/blockquote>\n<p><script src=\"\/\/platform.instagram.com\/en_US\/embeds.js\" async=\"\" defer=\"defer\"><\/script><br \/>\n Interestingly enough, this isn&#8217;t the first time the expired demo permit for 2304 Hillsborough has needed renewing. The first time was last August; honestly considering how far the progress has come on this structure \u2014 scheduled for completion by January 2017 \u2014 we don&#8217;t have any clue why this 30-month old permit had to be renewed again this August.<\/p>\n<p>Oh well. The next expired demo permit to be granted new life last week was first issued <strong>five<\/strong> years ago in 2011. Whew! While the former Kellogg Plant that once sat at 2912 Wake Forest Road has been gone for more than four years, we don&#8217;t know when, *exactly* it was torn down, as the Google Satellite imagery doesn&#8217;t contain any images between July 2010 and April 2013, when it looked much the same as it does today. See below for past and present imagery.<\/p>\n<p>&nbsp;<\/p>\n\n\t\t\t<div id=\"slides-118030-52d3356a1605127395f644805db8c1cc\" class=\"navis-slideshow one-up\"><div id=\"118030-52d3356a1605127395f644805db8c1cc-slide1\"><img data-lazy=\"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2016\/08\/2912wakeforest2010.png\" \/><h6 class=\"credit\">Google Earth<\/h6><h6 class=\"permalink\"><a href=\"https:\/\/theraleighcommons.org\/raleighpublicrecord\/news\/development-beat\/2016\/08\/30\/development-beat-teardown-tuesday-22\/#118030-52d3356a1605127395f644805db8c1cc\/1\" class=\"slide-permalink\"><i class=\"icon-link\"><\/i> permalink<\/a><\/h6><p class=\"wp-caption-text\">2912 Wake Forest Road in July 2010<\/p><\/div><div id=\"118030-52d3356a1605127395f644805db8c1cc-slide2\"><img data-lazy=\"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2016\/08\/2912wakeforest2016.png\" \/><h6 class=\"credit\">Google Earth<\/h6><h6 class=\"permalink\"><a href=\"https:\/\/theraleighcommons.org\/raleighpublicrecord\/news\/development-beat\/2016\/08\/30\/development-beat-teardown-tuesday-22\/#118030-52d3356a1605127395f644805db8c1cc\/2\" class=\"slide-permalink\"><i class=\"icon-link\"><\/i> permalink<\/a><\/h6><p class=\"wp-caption-text\">2912 Wake Forest Road in April 2016<\/p><\/div><\/div>\n<p>What really caught our eye about this project was the mysteriously named company\u00a0listed as the owner: ITB Holdings, LLC. We had heard William N. Finley was <a href=\"http:\/\/www.itbinsider.com\/startup-update-art-of-the-blog\/\">expanding his ITB Media Empire<\/a>; was he also branching out into real estate? Instead of trying to breach\u00a0Finley&#8217;s layers of personal assistants, editors and hangers-on to figure out if he was involved, we decided it would be easier to simply\u00a0research the LLC itself.\u00a0<\/p>\n<p>While the property at 2912 Wake Forest is located (just barely) inside the 440 beltline, the mailing address for ITB Holdings was a PO Box in Chapel Hill, a sure sign that Finley was not likely to be involved.\u00a0<\/p>\n<p>While he did once refer to UNC as an &#8220;ITB Satellite Campus&#8221; back in early 2014:<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\"><p>\nUNC is an ITB satellite campus. But there&#8217;s no such thing as Raleigh-CH either RT <a href=\"https:\/\/twitter.com\/danlondon\">@danlondon<\/a>: <a href=\"https:\/\/twitter.com\/WNFIV\">@WNFIV<\/a> What is the ITB opinion on Chapel Hill?<\/p>\n<p>\u2014 William N. Finley IV (@WNFIV) <a href=\"https:\/\/twitter.com\/WNFIV\/status\/460802507548426240\">April 28, 2014<\/a>\n<\/p><\/blockquote>\n<p><script src=\"\/\/platform.twitter.com\/widgets.js\" async=\"\" charset=\"utf-8\"><\/script><\/p>\n<p>&#8230;his more recent tweets make us doubt he would set up an office there:<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">Idiotic. That isn&#8217;t even up for debate. RT <a href=\"https:\/\/twitter.com\/Treyphanatic13\">@Treyphanatic13<\/a>: <a href=\"https:\/\/twitter.com\/WNFIV\">@WNFIV<\/a> I&#8217;m with a guy saying chapel hill&gt;itb needs your thoughts\/explanation<\/p>\n<p>\u2014 William N. Finley IV (@WNFIV) <a href=\"https:\/\/twitter.com\/WNFIV\/status\/512988728315240448\">September 19, 2014<\/a><\/p><\/blockquote>\n<p><script src=\"\/\/platform.twitter.com\/widgets.js\" async=\"\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\"><p>\n.<a href=\"https:\/\/twitter.com\/dcircosta\">@dcircosta<\/a> <a href=\"https:\/\/twitter.com\/BonnerGaylord\">@BonnerGaylord<\/a> <a href=\"https:\/\/twitter.com\/NewRaleigh\">@NewRaleigh<\/a> meaning, if you live in OTB Chapel Hill you&#8217;ll turn into a gel head that drunk drives into ITB cars<\/p>\n<p>\u2014 William N. Finley IV (@WNFIV) <a href=\"https:\/\/twitter.com\/WNFIV\/status\/519845501223837698\">October 8, 2014<\/a>\n<\/p><\/blockquote>\n<p><script src=\"\/\/platform.twitter.com\/widgets.js\" async=\"\" charset=\"utf-8\"><\/script><\/p>\n<p>As for what&#8217;s coming next to the site, the excellent Amanda Hoyle over at TBJ produced <a href=\"http:\/\/www.bizjournals.com\/triangle\/blog\/real-estate\/2016\/02\/wake-forest-road-raleigh-alcatel-retail-hotel.html\">a good write-up<\/a> earlier this year about the large retail\/hotel development planned for 2912 Wake Forest.<\/p>\n<p>OK, so moving on to our only new demolition project of the week: a fire-ravaged building at the Pinnacle Apartments near the Crabtree Valley Mall is being torn down at a cost of $17,500 by Cecil Holcomb Demolition. The 12-unit building <a href=\"http:\/\/www.wral.com\/fire-engulfs-north-raleigh-apartment-building\/15631199\/\">was destroyed in April by a fire believed to have been started by a discarded cigarette.\u00a0<\/a><\/p>\n<p><img loading=\"lazy\" class=\"size-full wp-image-118043\" src=\"http:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2016\/08\/wralfire.jpg\" alt=\"wralfire\" width=\"640\" height=\"360\" srcset=\"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2016\/08\/wralfire.jpg 640w, https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2016\/08\/wralfire-336x189.jpg 336w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>On a lighter note, the website for the complex bills itself with a tagline that seems more designed for homeless vagrants than apartment seekers: &#8220;Live in the Woods, Walk to the Mall.&#8221;<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-large wp-image-118042\" src=\"http:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2016\/08\/pinnacle-771x549.png\" alt=\"pinnacle\" width=\"771\" height=\"549\" srcset=\"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2016\/08\/pinnacle-771x549.png 771w, https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2016\/08\/pinnacle-336x239.png 336w, https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2016\/08\/pinnacle-768x547.png 768w, https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-content\/uploads\/2016\/08\/pinnacle.png 875w\" sizes=\"(max-width: 771px) 100vw, 771px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We take a look at two long-expired demo permits: one on Hillsborough at the site of a new mixed-use apartment complex, and another at an old site at 2912 Wake Forest that was torn down years ago. Plus: a new demo permit was issued for a fire-ravaged apartment building near the Crabtree Valley Mall. <\/p>\n","protected":false},"author":24061,"featured_media":118037,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1599],"tags":[],"_links":{"self":[{"href":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-json\/wp\/v2\/posts\/118030"}],"collection":[{"href":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-json\/wp\/v2\/users\/24061"}],"replies":[{"embeddable":true,"href":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-json\/wp\/v2\/comments?post=118030"}],"version-history":[{"count":0,"href":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-json\/wp\/v2\/posts\/118030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-json\/wp\/v2\/media\/118037"}],"wp:attachment":[{"href":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-json\/wp\/v2\/media?parent=118030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-json\/wp\/v2\/categories?post=118030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theraleighcommons.org\/raleighpublicrecord\/wp-json\/wp\/v2\/tags?post=118030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}