RALEIGH, NC – Hoffman & Associates announced plans for a $ 300 million redevelopment of the Seaboard Station neighborhood on the northern edge of downtown Raleigh. The Washington, DC-based developer plans to build the mixed-use project in three phases, beginning with the construction of 300 residential units and 30,000 square feet of retail space.
Once fully expanded, the new plans for the Seaboard Station include three apartment buildings with a total of 600 units, 130,000 square feet of retail space, a hotel and an underground car park. The project’s central corridor will also include a curb-free street making the area accessible to pedestrians, vehicles and cyclists, and also available for extended al fresco dining, music, events and gatherings.
Hoffman & Associates plans to break ground for Phase I by the end of the year. Completion is expected in the third quarter of 2022. A schedule for further phases has not been announced.
Seaboard Station was originally built in 1942 and the neighborhood has seen several redesigns since then. The property originally served as a train depot until 1986. In the early 1990s, the Logans, a locally based family of entrepreneurs, restored the property and promoted development in the area, including developing stores at Seaboard Station in the early 2000s. In 2013, William Peace University acquired businesses at Seaboard Station and sold them to Hoffman & Associates in 2018.
Current retail tenants such as Ace Hardware, Fresenius Medical, Galatea, Hunt & Gather, Marigold Salon, The Night Kitchen, Peace China, O2 Fitness and Seaboard Nails will remain open during the construction process. Logan’s Trading Co., a popular garden center and sidewalk cafe adjacent to the Seaboard Station property, plans to remain open at its current location.
“We’re excited to recognize the heritage of this historic site with a design that adds to this vibrant community and makes it a destination for downtown Raleigh, the surrounding neighborhoods and the region,” said John Florian, executive vice president for Development at Hoffman & Associated. “Seaboard Station will be an expanded neighborhood that will fit seamlessly into the existing landscape, offering unique retailers, local restaurants and entertainment concepts in a dedicated community.”
The design team consists of locally based architect Cline Designs and locally based landscape architect and engineering firm Stewart Inc. Street-Works Studio is the planning and design office for the project.
– Alex Tostado