Dewitt Carolinas proposes $1b mixed-use destination in Raleigh

Dewitt Carolinas has proposed Midtown Exchange, a 40-acre development that will include an eclectic mix of residences, world-class workspaces, a premier convention center, an upscale hotel, central greenspace, high-end shops and restaurants in Raleigh, N.C.’s growing midtown area. The project will transform what is currently undeveloped property into a thriving urban destination featuring 21st century architecture and an urban greenspace with interactive water features. The total value of the project is estimated at more than $1 billion.

The site will include 790,000 square feet of class A office space; a convention center with rooftop dining and entertainment, featuring exceptional views of downtown Raleigh; over seven acres of greenspace with water features and park amenities that will tie into the city’s existing greenway; 125,000 square feet of retail and restaurant space; 300 hotel rooms; 1,275 apartments, condos and townhomes; and 300 senior living units.

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