In Case You Missed It - The Acorn 17.14

"The Simple Community-Based CRE Brief"

Congrats to last months winner of the "Question of the Week" prize: Stephen Dahlem (tickets will be sent out when the "Superhighway" is built... stay tuned). A very delicious new prize for the month of April can be found at the bottom of the page! 

 In other reader related news, this is the last weekend to attend the Designer Showcase at Hargett Place (100% of the proceeds go to The Southeast Raleigh YMCA), and Imran Aukhil co-hosted an episode of the Inbound Raleigh Podcast last week. Please check both out!

A Walk Around The Dillon

• Source: The Raleigh Connoisseur
• Bottom Line: Great progress is happening in the WH District
• "Seeing The Dillon on this side gives you a sense of how connected The Dillon and the station are to each other. The office tower here with ground-floor retail should create a sense of energy to those coming to or leaving the train station. You can see the city skyline in the short distance but feel that you are close with The Dillon across the street.

NC House panel votes to stop local governments from charging development fees

• Source: N&O
• Bottom Line: Local developers could see reduced or eliminated impact fees in the future.
• “It messes up affordable housing” by making residential construction more expensive, he said. “It avoids increasing the property tax, so you can brag about your low tax rate while transferring the costs to people who can’t vote.”

What Happened to Atlanta's Carmageddon?

• Source: CityLab
• Bottom Line: We could be seeing the opposite of "Induced Demand" in ATL whereby the reduced supply of roads also reduces the demand for roads and traffic effects are mitigated.
• "It had all the trappings of a great disaster film: A spectacular blaze last week destroyed a several-hundred-foot-long section of Interstate 85 in Atlanta. In a city that consistently has some of the worst traffic congestion in the country, losing a key link in its freeway system could only mean one thing: Carmageddon."

Peace Street in downtown Raleigh will get upgrades

• Source: N&O
• Bottom Line: With all of the added development activity in the corridor the improvements will be greatly utilized and appreciated!
• "In addition to adding trees and repaving cracked sidewalks, the city plans to add bigger trash cans, eliminate some business driveways, reconfigure utility lines and add a bus stop at the corner of Peace and Glenwood Avenue. The project is expected to be finished in mid-2019."

Why It's So Hard to Get Ahead in the South

• Source: CityLab
• Bottom Line: In Charlotte and to a (slightly) lesser degree Raleigh, it is hard to get ahead. This is a regional phenomenon and the article delves into the why.
• "Compared to kids elsewhere in the country, poor children in Charlotte and other Southern cities have the lowest odds of making it to the top income bracket."

Question of the Week: What is the biggest impediment to your ability to connect/network with peers?

Responder of the (past) Week: Laura Quinn

April QOTW Prize: **Private Tour AND Tasting** of Pinetop Distillery - Raleigh's only grain to glass distillery - for the winner and friends, courtesy of Jon Keener

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