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DURHAM MIXED-USE | Durham, NC | Fall 2014

Artist's conceptual rendering

Project Details:

The former F.W. Woolworth site and currently a vacant lot, located at the intersection of Corcoran and Main Street in downtown Durham, was acquired by Austin Lawrence Partners in November of 2012. Considered one of the few remaining larger parcels suitable for redevelopment in the core, the lot also contains five historic building fronts on Main Street and Parrish Street and presents an exceptional opportunity to deliver unprecedented product in Durham. The City of Durham offers a unique mix of rich history, entrepreneurial character, and a varied and creative culture.

Considered one of the country's best places to live, eat, work, and play, Durham continuously earns accolades including #1 America's Foodiest Small Town (Bon Appetit), #1 America's Leading Creative Class Metro (The Atlantic), as well as the #1 Large County Best Positioned for Growth (Fourth Economy Community Index). In addition to a healthy housing market and strong job growth, Durham is brimming with award-winning restaurants and is a nexus of outstanding health care, sporting events, outdoor activities, and a thriving arts scene. The parcel is strategically located a mere 20 minutes from Raleigh Durham International Airport and the Research Triangle Park, a global epicenter of technological innovation, and just steps from the community's transportation hub, the Durham Station Transportation Center, and Durham's premier medical and educational institutions.

Austin Lawrence Partners redevelopment plans include a high-rise mixed-use project of retail, office, and residential housing. The project will be a collaboration of efforts with the City of Durham and Austin Lawrence Partners to assure that the redevelopment meets the needs of the community at large and its plans for the future. The project will be a part of Durham's urban revitalization movement and create a transformational product that builds on the great energy in downtown Durham.

Austin Lawrence Partners is pleased to announce the Certificate of Appropriateness approval from Durham’s Historic Preservation Commission in April of 2013. The project lies at the center of Durham’s downtown historic district and will include restoration of five historic building fronts. The historic elements of the project will pay tribute to the past with the addition of a new structure representing the future. Austin Lawrence Partners’ estimated timeline for groundbreaking is Fall 2014. Stay tuned!

Artist's conceptual renderings

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