An upcoming downtown development project will represent a fusion between historic and modern.
The City Center project will be anchored by a 26-story, 300-foot skyscraper at the corner of Corcoran and Main streets—but the $70 million endeavor also includes the renovation of surrounding storefronts that are decades old. The project additionally marks a continuation of Duke’s involvement in downtown development, with the University claiming 55,000 square feet of office space within the tower.
“It’s a multi-use building that will reclaim historic storefronts on Parrish and Main,” said Geoff Durham, president and CEO of Downtown Durham, Inc., a group that supports downtown revitalization projects. “A retail wrap that goes around the base will help out tremendously with the walkability and connectivity of town.”
Ground is set to break on the skyscraper later this year. The building will include 25,000 square feet of new retail spaces on street level, with the four levels above the ground floor containing 110,000 square feet of office space. The remaining 21 floors will consist of 130 residential units.
Scheduled to be completed by the end of 2016, the modern tower will serve as a complement to the extensive re-use efforts the city has made in the last decade, Durham said.
Throughout the early 2000s, Durham focused heavily on repurposing its historic structures, particularly old tobacco warehouses, Durham said. The most prevalent of these restorations is the American Tobacco Campus—the largest adaptive re-use project in the Southeast—which will commemorate its 10th anniversary with a series of celebrations this weekend.