Downtown Raleigh Alliance

Passionate about Downtown Raleigh? 🌆 Share your thoughts and feedback on downtown in our Annual Survey! These findings will serve as a guide for our strategic planning in the upcoming year, ensuring alignment with the public's perspectives on our initiatives. Take the survey here 👇 https://bit.ly/41tGVuY

Stay in the know and join us at our next Downtown Rundown 🏙️ Hear downtown-related updates straight from the source and come with ideas to discuss with fellow business owners, residents, visitors, and employees. Curious how things are going for DTR's Economic Development Strategy? What to know what's coming up in Downtown Raleigh? We've got the answers! 📅 March 3rd, 4:30-5:30pm 📍Marbles Kids Museum Register for free 👇 https://bit.ly/3HmdeRd

Save the Date! 📆 Downtown Raleigh Alliance will host the next Downtown Rundown at Marbles Kids Museum on Monday, March 3rd at 4:30 pm. Join us to hear updates about what's going on in Downtown Raleigh, share your ideas, ask questions, and meet other downtown residents, business owners, and community members who care about what's happening downtown. Free to attend! Register and find out more: https://lnkd.in/dd5A6AD

ICYMI – A major bright spot in the most recent Quarterly Market Report from DRA was the big increase in monthly food and beverage sales in 2024 vs 2023. You all are really showing up for the incredible restaurants and bars across our vibrant downtown district, and it shows! Q4 saw an average of $28.7 million in food and bev sales per month — a $1.1 million increase over the same quarter in 2023. 🌆 Downtown Raleigh: Increased 16.3% in Q4 2024 vs 2023 🍝 Glenwood South: 21.4% increase year over year, most of any district 🥗 Fayetteville Street District: 10% increase year over year in sales — the best year the district has seen since 2019 Let’s keep those numbers solid into the new year! Winter can be tough for our locally-owned downtown businesses and they need us to keep showing up. So tell us—where are you looking forward to having your next meal in Downrown Raleigh?

Downtown Raleigh's Q4 2024 in Review 📊 From October to December, Downtown Raleigh experienced significant economic growth and a wave of new business openings. This progress has laid a solid foundation for the year ahead, as downtown continues to build on its positive momentum. 🛍️ 27 storefront businesses opened in Q4, bringing total openings in 2024 to 82. There are 22 additional storefront businesses currently announced coming soon. 🍽️ Food and beverage sales rose +16% YoY and +30% over 2019 (Wake County). Downtown had 4.6M visitor visits in Q4, up +2.4% YoY (Placer .ai) 🎉 Monthly hotel tax revenue rose +21% YoY (Wake County). Two new hotels—added 410 rooms, growing downtown’s total hotel room inventory by +25%. 🏗️ 14 development projects are currently under construction—when complete they will add 1,772 residential units and 56,134 sq. ft. of retail space. 🏘️ Downtown added 710 new residential units in 2024. Occupancy dipped slightly in Q4 as new supply was absorbed, but net absorption remained strong, with +477 more units occupied in 2024 than in 2023 (CoStar). And that's not all! Find all the details in our full report 👇 https://bit.ly/3jyXfWb

What a great day morning of learning and planning for small business success! 💙 Thank you to Cherith Hunter Roberson, Founder of Flourish in Growth and Author of The Guided Small Business Planner, for leading today’s workshop and equipping downtown business owners with more strategies to build strong marketing plans for 2025. As part of our mission to advance the vitality of Downtown Raleigh for everyone, DRA supports downtown storefronts with free small business workshops. Stay tuned for more opportunities to learn and grow throughout the year! 📍Hartwell

Downtown storefronts are invited to attend our next Small Business Workshop: Crafting Your 2025 Marketing Plan 📊 Running a business day-to-day often leaves little time to focus on the big picture–including marketing opportunities. This hands-on workshop is designed to change that! During the interactive session, Cherith Roberson—Founder of Flourish in Growth and Author of The Guided Small Business Planner™—will talk through the easiest and highest-impact ways that downtown small businesses can increase visibility or sales. PSA – This workshop is intended for current Downtown Raleigh businesses. Because the session takes place in-person, we'll have to waitlist sign-ups when we reach capacity. 📆 Friday, January 31st 🕤 9:30-10am 📍Hartwell Learn more and sign up here 👇 https://bit.ly/3pmy0tX

We need your input! 🅿️ Downtown’s 2-hour, free weekday parking pilot ends next month unless approved for permanent implementation by City Council. If you enjoyed the parking program, or have ideas to make it better—give us your thoughts using our quick survey. The anonymous feedback will be shared with officials and used to guide their decision-making process. 🔗 https://bit.ly/4g7ylHG

There’s so much to look forward to in 2025, especially with our new Economic Development Strategy guiding the way! 🤩 This year… 🎉 We’ll bring back popular activations such as Live After 5, DTR Restaurant Week, and Women’s History Month First Friday 🥂 31 new storefront businesses are already announced and anticipated to open, including ice cream shop Simons Says Dip This and rooftop bar Urban Oak 🎨 More public art projects will continue to pop-up around Downtown Raleigh 🏗️ New parks and transportation will come online such as Gibson Play Plaza at Dix Park and Raleigh Union Station Bus Facility (RUS Bus) 🏡 Over 1,500 new residential units are estimated to deliver in 2025 growing downtown’s community significantly 🤯 And more! Keep following DRA to stay updated on all major Downtown Raleigh happenings and subscribe to our weekly newsletter 👇 https://bit.ly/3BXF0Gp

A #NightOnTheTown on Fayetteville Street in downtown Raleigh on Saturday night.  Fayetteville Street has been the heartbeat of downtown and the City of Raleigh since 1792. It has been through its cycles and is about to prove its resilience once again. First stop was Foundation, a craft cocktail bar since 2000, and then across the street to the newly delivered Birdie's Barroom & Kitchen for dinner. Highwoods Properties is making it happen at its new investment in 150 Fayetteville Street, the former Wells Fargo Tower. Birdie's is a key element transitioning this former bank tower built in 1990 into an exciting destination for its tenants and the community.   As the concept of amenity-rich office spaces gains momentum to combat the trend of #WorkFromHome, Highwoods and LM Restaurants have hit the mark with this innovative dining spot, a former old-school deli. Transitioning traditional office buildings into dynamic spaces is the way forward, and this new restaurant exemplifies this progressive approach. Avison Young | US Capital Markets Downtown Raleigh Alliance #Office #Investments #Restaurants #Urban #UrbanLife