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130-131 Kindley St - City Gateway 5.04 Acres of Commercial Land in Raleigh, NC 27601
Investment Highlights
- One of the most visible and largest developable sites in downtown Raleigh
- Strong connectivity with major music, nightlife, hotels, restaurants, green space, and more
- The highest density base zoning in Raleigh, allowing up to 40 stories
Executive Summary
Acreage: 5.04 AC
Wake County Pins: 1703558561, 1703559286, 1703557221
Jurisdiction: City of Raleigh
Zoning: DX-40-CU
All utilities to site
Premier downtown infill site
Stands adjacent to the brand-new amphitheater landing, and across from a significantly expanded convention center and future Omni Hotel.
High-visibility, walkable setting that attracts consistent foot traffic.
Modern design paired with Raleigh’s character creates a unique destination feel.
Opportunities for boutique retail, craft dining, and rooftop experiences.
Positioned to become Raleigh’s next premier mixed-use district.
Supported by sustained public investment and growing downtown absorption.
Call broker for pricing
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.04 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | DX-40-CU | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.04 AC |
| Opportunity Zone |
Yes |
| Zoning | DX-40-CU |
1 Lot Available
Lot 4
| Lot Size | 5.04 AC |
| Lot Size | 5.04 AC |
City Gateway is a premier development opportunity at the southern edge of Downtown Raleigh. This rare downtown site connects the energy of the city’s convention and entertainment district with the open green spaces of Dorothea Dix Park.
Description
Located along a major travel corridor into Downtown Raleigh, the site offers exceptional visibility and access in one of the nation’s fastest-growing downtowns. It sits just steps from the Raleigh Convention Center, the new Red Hat Amphitheater, the Martin Marietta Center for the Performing Arts, and the planned 600-room Omni Hotel, with nearly $400 million in nearby public and private investment driving the next decade of growth. Four remaining parcels are entitled for vertical construction up to 40 stories and permit a mix of residential, retail, office, and hotel uses. The site lies within a Qualified Opportunity Zone, New Markets Tax Credit tract, and North Carolina Brownfield Tax Credit area, with a Brownfield Agreement already in place with the State of North Carolina, offering valuable incentives for investors and development partners.
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130-131 Kindley St - City Gateway
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