News

Triangle Business Journal: Durham City Council has chosen a Boston-based company to begin negotiations with the city for the proposed sale and redevelopment of Durham’s former police headquarters. Read the article.

The Herald Sun: An iconic city-owned property in Durham is getting a major makeover. Plans to turn the old Durham Police Department headquarters on West Chapel Hill Street into a mixed-use development with affordable apartments were presented to the City Council on Thursday. Read the full article here.  

Commercial Property Executive — The Fallon Co. broke ground on the first phase of Raleigh Crossing, a mixed-use project located in the heart of the Raleigh’s downtown.

The Fallon Company — “We are excited to welcome The Fallon Company to downtown Raleigh,” said Mayor Nancy McFarlane. “This new mixed-use development will help drive continued job growth in our city, and bring new commercial, residential and retail opportunities to the downtown. We look forward to The Fallon Company’s continued success in North Carolina.”

Spectrum News — A groundbreaking Monday morning put a spotlight on the real-estate boom in downtown Raleigh.

citybizlist — The Fallon Company today celebrated the inaugural milestone of its new 1.86-acre mixed-use development, Raleigh Crossing, in the heart of downtown Raleigh.

Triangle Business Journal – The developer behind a major project in downtown Raleigh says it plans to start on the second phase of the work in 2020…

WRAL TechWire – With fast-growing software firm Pendo as a major tenant already signed on, the new 3-tower mixed-use project coming to Downtown Raleigh will be called Raleigh Crossing, developer The Fallon Company says…

REBusiness Online – Fallon expects to break ground in September on Phase l of the project, which will deliver a commercial tower at 301 Hillsborough Street…

The Fallon Company – Named for its location at the convergence of four city districts, Raleigh Crossing will offer a cohesive mix of commercial, residential, retail and hospitality uses… View PDF

Triangle Business Journal, Raleigh — A Boston-based real estate development firm with big plans for Raleigh’s Hillsborough Street has hired a new executive to oversee projects in the Triangle.