Apparently the small Target Stores by university campuses and in the middle of cities w/o parking are a thing. At first they were dubbed TargetExpress and CityTarget, but have since all been re-branded to just Target. The first one opened across the street from the University of Minnesota. It covers a space of only about 20,000 square-feet, which I believe is about the size of the Alley. So this could actually be a thing happening.

The last I heard was someone confirming that Target was in talks with the building owner, but that nothing had been finalized.

https://corporate.target.com/article/2014/01/target-tests-smallest-format-yet-introducing-targe
https://corporate.target.com/article/2015/08/rebranding-citytarget-targetexpress-stores-flexibl

8/10/2016 3:11:49 PM

That building would need so many TI for Target, if Target moves in it would have to be basically a complete demo and rebuild

8/10/2016 3:41:49 PM

I'm gonna guess you aren't an engineer and not qualified to make that statement.


The framework is good.

Imagine all the basic white girls that will be going in there.

8/11/2016 12:09:37 PM

... i am actually

[Edited on August 11, 2016 at 2:24 PM. Reason : not practicing though, switched to commercial real estate]

8/11/2016 2:17:09 PM

well why didnt you say so!

8/11/2016 7:27:14 PM

8/12/2016 10:16:36 AM

i've never done anything with target or wal-mart or similar, but just judging from the requirements for other national retailers i can't see that building working unless it's a complete gut at the very least.

8/12/2016 10:54:59 AM

Quote :

"Unconfirmed Rumor: The Alley (and construction site next to it) have been bought out by Target. You heard it here first. Please confirm if you can."

Neither property has been sold recently (1963 and 2014), and they're owned by two different entities (B&F Properties and Hillsborough Lofts, LLC).

Hillsborough Lofts is all wrapped up in liens, I doubt it gets sold anytime soon.

8/12/2016 11:54:22 AM

Quote :

"Hillsborough Lofts is all wrapped up in liens, I doubt it gets sold anytime soon."

I wish they'd do something with that place. They have to be losing a ton of money to have had a crane sitting over top of the site for like a year now without any movement on the property, right?

8/14/2016 11:35:32 PM

Ate at H-Street Kitchen on Saturday. Place looked really cool. Drinks were above average and the food was good. We will probably be back.

8/15/2016 9:33:03 AM

Quote :

"I wish they'd do something with that place."

I believe they are on their second contractor at this point.

8/15/2016 3:23:32 PM

already past their second, if there is any more work it will be a 3rd

8/15/2016 3:27:40 PM

Just had H-Street for lunch. The food was awesome. I had the cheese fries / poutine appetizer they had and it was really interesting - kind of like pot roast on top of fries with really stringy cheese. Also had the turkey and country ham sandwich, which was on really nice bread too. Lunch for two with appetizers and waters for drinks was $30 before taxes.

I loved what they did with the inside. I hope it sticks around and I think it will if they offer a student discount on food and/or a cheaper late night menu. I don't think students can hang with the price point they're asking for on their dinner menu. Also some more TVs would be nice to make it more of a viable sports bar option.

8/16/2016 1:24:02 PM

Went last night. Pretty great!

8/18/2016 12:21:31 PM

loved the atmosphere, thought some of the menu was a little weird though

8/18/2016 12:34:17 PM

http://www.bizjournals.com/triangle/blog/real-estate/2016/09/raleigh-development-team-planning-5-story-project.html
J&J Automotive at the corner of Hillsborough and Bagwell to be replaced by a 5 story apartment building. From the same people that brought you the gem at 105 Friendly.

Why is New City getting every one of these projects and cranking out shit?

9/21/2016 5:11:30 PM

corruption

9/21/2016 9:48:34 PM

105 is ugly as shit. Hopefully this one is better looking.

Also, went to H Street a few weeks ago. Really enjoyed it. Will be back.

9/22/2016 7:27:04 PM

^^

9/24/2016 11:34:43 AM

more chatter on the possible Target in the Alley space on Hillsborough St:

http://www.bizjournals.com/triangle/news/2016/09/30/target-raleigh-hillsborough-street.html?ana=twt

9/30/2016 3:34:56 PM

https://imgur.com/a/4XaJh

Just went up in the building across from Winston (used to by Sylvia's Pizza / Hotbox Pizza). Pretty cool space. Will have retail on the bottom two floors, a couple floors of residential, and then a rooftop deck. There's gonna be some sort of bar/restaurant there but I'm not sure what exactly yet.







[Edited on September 30, 2016 at 4:33 PM. Reason : size]

9/30/2016 4:31:33 PM

I just want to throw it out there that TWW broke the target rumor almost two months ago.

9/30/2016 9:12:13 PM

RIP Maiden lane

http://www.bizjournals.com/triangle/news/2016/10/10/soldroperty-between-cameron-village-and-ncsus-bell.html?ana=twt

10/10/2016 3:42:51 PM

Maiden Lane had it's death notice ages ago. Someone finally just signed the papers.

RIP

10/13/2016 1:39:57 PM

http://www.bizjournals.com/triangle/news/2016/10/13/the-alley-raleigh-moving-durham-nc.html?ana=twt

10/13/2016 3:29:55 PM

I know we've posted this before, but I'm gonna put it back here since we're talking about this spot and "shiny new retail."



http://goodnightraleigh.com/2010/01/hillsboro-streets-manmur-bowling-center-the-geographic-center-of-north-carolina/

10/13/2016 4:10:08 PM

My fraternity house was at the end of Maiden. Developers have been trying to buy up those properties for the last 2-3 years. Good to see that shit finally happened. Those houses were gross.

10/23/2016 5:28:22 PM

Quote :

"Apparently the small Target Stores by university campuses and in the middle of cities w/o parking are a thing."

Seriously, does anyone think that a Target could survive there without parking? I understand the amount of students right across the street. Maybe some errands in between or after clasess but I just don't see how it would survive.

10/24/2016 9:09:25 AM

I don't know how the K-Mart on Western and Blue Ridge survives and it has plenty of parking

10/24/2016 9:18:33 AM

Quote :

"Seriously, does anyone think that a Target could survive there without parking? I understand the amount of students right across the street. Maybe some errands in between or after clasess but I just don't see how it would survive."

Big City Targets have 0 Parking. Enough population density in an walkable area will keep the store busy.

10/27/2016 11:59:18 AM

Quote :

"I don't know how the K-Mart on Western and Blue Ridge survives and it has plenty of parking"

yea I thought for sure when I was a freshman that would be bought out by walmart or even a target, that K-mart doesn't even keep essential dorm stuff in stock like you think a manager near a campus would.

10/27/2016 3:07:13 PM

Target on Hillsborough Street is confirmed
http://www.newsobserver.com/news/business/article112275287.html

11/3/2016 1:08:35 PM

so gross

11/3/2016 1:21:57 PM

i'm so angry about those dumb pastel panels and stupid colonial style railings that i'm okay with this

11/3/2016 1:42:35 PM

The big giant target logo is a bit over the top IMO but beyond that I think it's a definite improvement.

Also, there's already a CVS not half a mile up the street in Stanhope (which is open 24 hours - which I doubt this Target will be.) What's going to happen with that?

The best case scenario: The CVS at Stanhope closes and is replaced by a grocer such as Aldi or Trader Joe's, either of which would be just the right size for that space.
Maybe worst case scenario: They both stay open and just compete with each other. Margins suffer due to the competition and therefore the stores start to fall into disrepair.

11/3/2016 2:19:01 PM

I still say that there isn't enough parking to sustain a Target even if it is a smaller version.

11/3/2016 2:31:20 PM

This is a student version of Target. Convenient walking distance for customers. So parking is not necessary.

11/3/2016 2:50:07 PM

^^ there is a parking lot literally under the bowling alley Target. There are also plenty of people in Cameron Park and the surrounding area, outside of the students, to provide traffic for that store. There are plenty of places over there that have been running for a while and don't rely large parking lots.

11/8/2016 4:11:26 PM

Bring back Katmandu.

11/8/2016 5:06:48 PM

What's the latest on PR? How long is their lease good for?


http://www.wral.com/new-target-forces-out-local-hillsborough-street-businesses/16240405/

11/16/2016 4:33:50 PM

Supposedly the owner of PR is buying the building. The purchase is supposed to be complete on December 15th.

https://www.raleighagenda.com/4772/saving-players-retreat-gus-gusler-helped-sixty-five-year-old-players-retreat-adapt/

11/23/2016 3:26:23 PM

^

Quote :

" The rumor, of course, is that Target is taking over the building that houses The Alley ... Are you for it or against it? The last thing I saw on television was Target had no plans to open anywhere in Raleigh. But I think it would be horrible, just horrible. That would be terrible for the street. If it was down Hillsborough Street toward the Fairgrounds, I could understand it. But right in the heart of Hillsborough Street, putting a Target in? Horrible idea. I saw people on television saying, “It would be great here, because the closest one right now is five or ten minutes away.” What is five or ten minutes? Do you need one on every corner? If you have to have a Target five or ten minutes away from your house, and that’s what’s important to you, that’s a pretty sad way to live your life. "

I know he probably said this before he realized it was a student-sized Target, but lol

[Edited on November 23, 2016 at 4:31 PM. Reason : ]

11/23/2016 4:31:03 PM

Anyone have a TBJ subscription? I'm really interested to know which buildings near the bell tower have been bought by NC State.

http://www.bizjournals.com/triangle/news/2016/11/28/sas-land-exchange-with-n-c-state-nets-2-more.html?ana=twt

11/29/2016 6:42:04 PM

if you scroll down, there's a map outlining the area



[Edited on November 30, 2016 at 8:15 AM. Reason : ]

11/30/2016 8:15:22 AM

CAMPUS BE GROWIN, YO

11/30/2016 4:06:07 PM

RIP Maiden Lane

http://www.indyweek.com/indyweek/born-in-the-shadow-of-nc-state-steeped-in-parties-and-punk-rock-raleighs-historic-maiden-lane-will-soon-perish-in-the-name-of-progress/

3/1/2017 3:46:57 PM

is there really going to be a target across from the library?

3/2/2017 12:58:49 AM

yes

3/2/2017 9:22:39 AM

3/2/2017 1:14:03 PM

So evidently Gus Gusler is trying to redevelop the entire area around the PR now. Anyone know more about this? I'm assuming the PR and David's stay where they are but I'm not sure where this proposed project will sit exactly...
http://www.wral.com/players-retreat-redo-to-encompass-block-near-ncsu/16611427/

4/12/2017 1:14:19 PM