The Raleigh City Council has approved the release of a Request for Information (RFI) for a convention center hotel and an office/mixed-use building. The goal of the RFI is to seek interested developers for the hotel and office/mixed-use sites. The City contracted with Jones Lang LaSalle IP, Inc. (JLL) to complete a RFI as the first step in the process to seek a partner to develop the Fayetteville Street sites.
Each site is just over one acre taking into account the mapped right-of-way. The sites are owned by the City and are located across from the Raleigh Convention Center and the Duke Energy Center for the Performing Arts at the end of Fayetteville Street. Innovation, quality design and construction, and sustainability are important value to the City for this transformational project.
Following submission of proposals from development teams, JLL and staff will review the proposals and recommend to Council the next steps which are expected to include a more specific Request for Proposals (RFP) process from the selected developer finalist.