The Fallon Company unveils mixed-use development as Raleigh Crossing
The Fallon Company revealed the name and renderings of Raleigh Crossing, its transformative 1.86 acre mixed use development located at the center of Raleigh’s most dynamic downtown neighborhoods.
The Fallon Company will break ground on the first phase of the project in September. Designed by award-winning Duda | Paine Architects, the first phase will offer more than 280,000 square feet of prime office space, extensive public amenities with ample outdoor and indoor seating, a modern fitness studio, 12,500 square feet of retail, and a thoughtful human-scale design approach.
Michael Fallon, President of The Fallon Company, said, “Located in the heart of downtown, Raleigh Crossing will be the city’s premier mixed-use destination. The 301 Hillsborough commercial office tower will lead the way with best-in-class amenities, a bold and unique design, and a vibrant and expansive public realm. We look forward to breaking ground on Raleigh Crossing at an important moment in downtown Raleigh’s evolution into a national destination, further defining the neighborhood as an ideal place to live, work and play.”
The Fallon Company announced that Pendo, creator of the leading product cloud for digital products and data-driven product teams, will relocate its corporate headquarters to Raleigh Crossing. CBRE|Raleigh’s Investor Leasing and Retail Services teams have been engaged to handle the leasing responsibilities for the site. Pre-leasing for the project is underway.
The second phase of the project will be comprised of hotel and residential offerings, including more than 7,000 square feet of retail space. This pedestrian oriented mixed use community will span nearly a full city block and offers a spacious outdoor amenity level for multi-purpose use, including fitness classes and community events.
The Fallon Company brings to its projects a unique focus on large-scale urban design geared toward transforming neighborhoods into cohesive, community driven environments. Projects like Fan Pier, the most transformative development in Boston in a generation, have established The Fallon Company’s reputation for delivering iconic mixed-use projects that enhance the communities in which it builds.
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