Investment Overview
City Gateway is a premier development opportunity at the southern edge of Downtown Raleigh. This rare downtown site connects the energy of the city’s convention and entertainment district with the open green spaces of Dorothea Dix Park, creating a dynamic setting for future high-rise development.
Located along a major travel corridor into Downtown Raleigh, the site offers exceptional visibility and access in one of the nation’s fastest-growing downtowns. It sits just steps from the Raleigh Convention Center, the new Red Hat Amphitheater, the Martin Marietta Center for the Performing Arts, and the planned 600-room Omni Hotel, with nearly $400 million in nearby public and private investment driving the next decade of growth.
Four remaining parcels are entitled for vertical construction up to 40 stories and permit a mix of residential, retail, office, and hotel uses. The site lies within a Qualified Opportunity Zone, New Markets Tax Credit tract, and North Carolina Brownfield Tax Credit area, with a Brownfield Agreement already in place with the State of North Carolina, offering valuable incentives for investors and development partners.
Investment Highlights
- Address: 0, 130, 131 Kindley Street, Raleigh, NC 27601
- Acreage: 5.53 AC
- Wake County Pins: 1703558561, 1703559286, 1703557221
- Jurisdiction: City of Raleigh
- Zoning: DX-40-CU
- All utilities to site
- Premier downtown infill site
- Stands adjacent to the brand-new amphitheater landing, and across from a significantly expanded convention center and future Omni Hotel.
- High-visibility, walkable setting that attracts consistent foot traffic.
- Modern design paired with Raleigh’s character creates a unique destination feel.
- Opportunities for boutique retail, craft dining, and rooftop experiences.
- Positioned to become Raleigh’s next premier mixed-use district.
- Supported by sustained public investment and growing downtown absorption.
- Call broker for pricing