Trammell Crow Company and its residential subsidiary, High Street Residential, and co-development partners, AECOM-Canyon Partners and HM Partners, are developing 400H, a mixed-use development in Raleigh, N.C. The 365,000-square-foot, 20-story tower will include 150,000 square feet of Class A office space, 242 luxury residential units and 16,000 square feet of ground-floor retail space.
The residential units will be on floors 10 through 20, and residents will have access to an elevated pool and SkyHub amenity on the 9th floor with indoor/outdoor space affording views of the skyline. Upper floors with differentiated amenities will provide future residents with a luxury urban high-rise experience in one of Raleigh’s most active and walkable neighborhoods.
Distinctive attributes to the office space will include 14- to 20-foot floor-to-floor heights, full-height glass windows, unrivaled parking ratios of 4-to-1,000, and various branding opportunities based on office tenant square footage. Outdoor seating is planned for several restaurants located within the retail space and will complement the pedestrian-friendly neighborhood.
Located at 400 Hillsborough Street, 400H is at the center of downtown Raleigh’s four primary districts, including the retail and entertainment district of Glenwood South, the burgeoning Warehouse district, the State Government Complex and Raleigh’s traditional downtown office core along Fayetteville Street. 400H is within walking distance of many shopping and dining destinations, including the award-winning Union Station, the Morgan Street Food Hall and a Publix grocery store. The project’s Hillsborough Street location also provides the east-west connection to North Carolina State University and the State Capital’s Government Complex.
Financing for the development is being provided by Vancouver-based QuadReal Property Group. For more information, visit www.400hRaleigh.com.