I-540 and Louisburg Road (Highway 401 North), Raleigh, North Carolina
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1 Mixed-Use Development & Leasing Opportunities I-540 and Louisburg Road (Highway 401 North), Raleigh, North Carolina 5401 North will be a better place to live, work & play 5401 North... Will command 400 acres at the juncture of two major arteries in Raleigh s fastest growing development corridor. Will be the region s first true New-Urban Village. Will be the largest mixed-use development in the region and a true 24-hour community. Has garnered enthusiastic praise from community groups, planners and educators. Has won unanimous City Council approval and the endorsement of civic, educational and business leaders. Will express the vision of world-class architects, the proven best practices of New Urban design, and the values of a principled developer. Contact: Robin Roseberry Anders, SIOR randers@naicarolantic.com mobile 3605 Glenwood Ave., Suite 100 Raleigh, NC Office Fax
2 Master Plan DRAFT Wake Tech Campus Riverbend Elementary School Neuse River Area Growth Facts 5401 North is located in Raleigh s NorthEast Planning District, the fastest-growing of the City s 10 planning districts This district has grown 55% since 2000, accounting for 24% of Raleigh s growth in the same time period Population in the zipcode is expected to grow from about 30,000 up to 50,000 within the next 5 years The NorthEast Planning District as a whole is expected to grow by 91% between now and 2030 With its location at the most significant intersection in this district, 5401 North is ideally suited to leverage the benefits of this growth Louisburg Louisburg Road Road Interstate Interstate Dog Park Drive Beckom Community Public Park Senior Living Day Care Fire Station Perry Perry Creek Creek Road Road Community Supported Agriculture Day Care Horse Paddocks Neuse River Mountains-to-Sea Trail Development Details 390 acres of which 40% will be Open Space (parks, walking trails, and community gathering places) 2100 homes, including apartments, Live/Work row houses, single family, senior living and continuing care opportunities 1.12 million square feet of Class A office space 573,000 square feet of commercial-retail space Additional 125,000 square feet of commercial/office Property Highlights 24-hour, pedestrian friendly urban village Education within walking distance (Wake Tech Community College & Riverbend Elementary) Unparalleled branding opportunities provided by building signage Wide range of housing price points to serve a diverse workforce Theaters, a Performing Arts center, wellness facility, miles of parks & trails, all manner of restaurants, services, signature grocery & shopping...and an overall healthier living focus Thoughtful and respectful development - Green buildings, fully walkable design, water recapture and reuse strategies, calmed traffic, connection to the Neuse River Greenway Trail...a development that will be visually beautiful and inviting to residents and visitors alike Kennel Interstate Illustrative Plan November N O R T H Raleigh, North Carolina
3 Area Map: Distance to Points of Interest 1. Downtown Raleigh = 9 miles 2. Downtown Chapel Hill = 34 miles 3. Downtown Durham = 30 miles 4. Downtown Cary = 18 miles 5. Research Triangle Park = 18 miles 6. RDU International Airport = 18 miles 7. N.C. Museum of Art = 12 miles 8. N.C. Museum of Natural Sciences = 10 mi. 9. Marbles Kids Museum = 10 miles 10. Progress Energy Performing Arts = 11 miles 12. Time Warner Cable Music Pavilion at Walnut Creek = 12 miles 13. Koka Booth Ampitheatre = 23 miles 14. The Clayton = 23 miles 15. Carolina Theater (Durham) = 30 miles 16. William B. Umstead Park = 17 miles 17. Falls Lake State Recreation Area = 16 mi. 18. Carolina Mudcats (Zebulon) = 21 miles 19. Carolina Hurricanes (RBC Ctr) = 14 miles 20. Durham Bulls = 30 miles 21. N.C. State sports = 11 miles 22. UNC Chapel Hill sports = 33 miles 23. Duke University sports = 33 miles 24. North Carolina State University = 11 mi. 25. University of North Carolina = 33 miles 26. Duke University = 33 miles 27. UNC Hospitals = 34 miles 28. Duke University Medical = 32 mi. 29. Rex Hospital = 12 miles 30. Wake Regional Medical = 10 mi.
4 About the Developer The Baton Rouge Area Foundation Inspired by the early success of North Carolina s rising Research Triangle, eleven visionary individuals created the Baton Rouge Area Foundation in Today, we are a community foundation with $568 million in assets, and provide two essential functions for the capital region of Louisiana. One, the Foundation connects philanthropists with capable nonprofits to make sure the needs of our communities are met. For example, our donors support the Shaw for the Arts, buy eyeglasses for needy children, fund services to care for abused women and children, underwrite the symphony and Manship Theatre, support public schools and rebuild inner-city neighborhoods. We help donors create a lasting legacy and fulfill their philanthropic goals. Two, the Foundation invests in and manages pivotal projects that can change the community. One of the first initiatives of the Foundation was Plan Baton Rouge, architect Andres Duany s urban plan for the city center that guided the rebirth of downtown. Our Plan Baton Rouge initiative spearheaded the downtown revitalization plan and now is working to revive Old South Baton Rouge. Our real estate asset revived the abandoned Capitol House, and is set to work on other groundbreaking projects in Baton Rouge. Commercial Properties Realty Trust Founded in 1951 by Baton Rouge businessman Wilbur Marvin, Commercial Properties Realty Trust (Commercial Properties) began as a commercial real estate company formed to primarily acquire, own, lease, redevelop and manage neighborhood and community shopping centers. Today, it is a successful real estate investment trust (REIT) and, as an affiliate of the Baton Rouge Area Foundation, its profits provide community impact and benefit. Commercial Properties owns a superior portfolio of assets across the Southeastern United States that includes $500 million in investment-grade properties totaling over 4 million in square feet. As a realty trust, Commercial Properties develops and improves real estate, bringing together land, capital, entitlements, design, construction and the market. Our mission: To operate a commercial real estate company that maximizes profits and makes a difference in the communities where we invest. Our vision: To combine creativity and operational excellence with our exceptional reputation as a trusted and dynamic commercial real estate company to create extraordinary assets for long-term value and impact.
5 Aerial & Renderings Office overlooking park Neighborhood streetscape
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