1. Photo Courtesy of Stewart Waller & DCVB
Downtown DurhamDowntown Durham
Project HighlightsProject Highlights
2. Durham BullsDurham Bulls
•10,000 seat capacity at DBAP
•Over 500,000 visitors per year
•Signature ballpark has serves as
anchor for regional
entertainment district
3. Private Investment Estimate: $200+ Million
•Public Investment: $46 Million
•1,000,000 Square Feet
•3,000+ Jobs
•Current Major Tenants:
CompuWare
GlaxoSmithKline
Duke University
McKinney /
InterSouth Partners
Square One Bank
Mellow Mushroom
Cuban Revolution (2009)
Bronto
Tyler’s Taproom
Saladelia Cafe
Café Zen
The Art Institute
Burt’s Bees
Public Incentives:
•City Parking Deck-$20 million
•County Parking Deck-$23 million
•Historic Tax Credits
•Did not seek Durham’s Historic Tax Deferral
American Tobacco Project-Phase IAmerican Tobacco Project-Phase I
The largest historic renovation in North Carolina History!
4. Durham PerformingDurham Performing
Arts CenterArts Center
•2,800 seat performing arts center
•Nederlander, the theater operator is
responsible for any operating loss
and has agreed to commit $250,000
to the project
•Total Investment: $46 Million
•1,000,000 visitor in 2011
•Net Revenues over $1.2 million in
2nd year
•61 sellouts and 175 events in 2nd
year
•Financial $ Profits
5. Diamond View IIDiamond View II
•Smith Breeden Associates
•KeySource Bank
•James Scott Farrin
•Over 100,000 square feet
•Tobacco Road Sports Café
Diamond View III
•Proposed Office building on
Blackwell Street
•Breaking ground in 2012
7. RetailRetail
Goal
Indigenous Arts, Crafts, Retail,
Restaurants, Entertainment
Retail Market Analysis
New Businesses
The Exotique
Rue Cler
Through This Lens
Dame’s Chicken & Waffles
Beyu Caffe
Bull McCabes
Pinhook
Toast
Dos Perros
Revolution
Whiskey
Dolly’s
The Republic
8. Downtown DurhamDowntown Durham
Public Investment in SuccessPublic Investment in Success
CCB Plaza
Made possible by a gift from Central Carolina
Bank in the amount of $400,000
9. Downtown EntertainmentDowntown Entertainment
Carolina Theatre
•Theater that hosts shows, concerts,
festivals & movies
•Home to Full Frame Documentary Film
Festival & Gay & Lesbian Film Festival
•Draws close to 150,000 people per year
Durham Arts Council
•Hosts art shows, classes & events
•Allenton & Semas Galleries for displaying
Art
•Draws over 200,000 people per year
11. Human Services CenterHuman Services Center
Human Services Complex - 243,000 SF
•Project cost $85 million-includes 450
space parking lot in the 500 block of
East Main St
•Completion currently scheduled for
2012
12. Golden BeltGolden Belt
•Major Mixed Use Development by
Scientific Properties
•Residential Loft Apartments
•Office & Restaurant Space
•Working Artist Gallery & Event Space
•Blend Café
•Moshi Moshi Salon
13. Downtown DurhamDowntown Durham
Public Investment in SuccessPublic Investment in Success
Durham Central Park
•Greenway trail runs through central
park and will connect the American
Tobacco Trail to the Ellerbe Creek Trail -
$250,000 Grant
•Stream Restoration project to restore
the creek channel and create new rain
gardens - $250,000 Grant
•Public Art provided by DDI in Sister
Cities Sign and Stones
14. Downtown DurhamDowntown Durham
Public Investment in SuccessPublic Investment in Success
Pavilion at Durham Central Park
•Pavilion at Durham Central Park that provides a permanent home for the market
•$350,000 private fund raising
•2,000+ visitors each week
15. Historic Durham Athletic ParkHistoric Durham Athletic Park
RenovationRenovation
•$5 Million of City Funding
•Numerous property sales around DAP
•Planning effort underway to define area
with DAP as center piece
•Now Open!
•Home for NCCU Baseball
•Capitol Broadcasting manages DAP
16. Entertainment in Central ParkEntertainment in Central Park
•Great new venues in Northern end
of Downtown
•Have become a destination in a very
short time period
Motorco Music Hall
FullSteam Brewery
Kings
17. West Village Phase 1West Village Phase 1
•Completed in 2000
•36,000 square feet of Office Space
•241 Luxury Loft Apartments
•High ceilings, exposed brick walls, timber
columns, wood floors and large industrial
windows
•Upscale Italian Restaurant Tosca
•$36 million investment
18. West Village Phase 2West Village Phase 2
•Private Investment: $148 Million
•900,000+/- Square Feet
•340 Loft Apartments
•100,000 square feet of Office Space
•53,000 square feet of Retail Space
•52,000 square feet of Research Lab Space
Public Incentives:
•Up to $4 million in streetscape
improvements (Is this an incentive?)
•Historic Tax Credits
•Historic Tax Deferral
23. A Hub for EntrepreneursA Hub for Entrepreneurs
•3 Incubators
•2 Accelerators
•Over 50 Startups
24. Projects in the WorksProjects in the Works
•Holland Hotel
•Underground @ Main
•21c and the Hill Building
•Chesterfield
•Woolworth’s property: Austin Lawrence Partners
•West Village Apartments
•Former Holiday Inn Property: EdR
•Residence Inn Hotel: Concord Hospitality
•Liberty Warehouse
•Greenfire/Armada Hoffler Apartments
•Aloft Hotel – East Parking Deck & DPAC
