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developmentCritical priorityopen
Acquisition of 313 East Martin Street for Downtown Redevelopment
Raleigh
Summary
The council approved purchasing a strategic property near Moore Square for $3.4 million to expand downtown affordable housing opportunities.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Mar 4, 2026.
Impact analysis
💰Financial impact
Requires $3.4 million plus associated budget transfers to execute property acquisition.
✅Who benefits
Downtown residents and the city's affordable housing initiative.
Mentions & discussions (1)
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