Downtown Raleigh’s boldest condo project, The Hue, had a rough start after initially failing to sell any residential units. It entered the real estate market at the worst time in recent history, and a series of missteps by the original Los Angeles development group created a failed project in what should have been a receptive market.
After being sold and converted to rental units about six months ago, more and more residents are moving in and things are looking up. The missing component to the turnaround was ground-level retail, and that will soon change with the opening of Tribeca Cafe next month.
Local burgeoning retailer Taiseer “Taz” Zarka opened his fifth store a little over a week ago. Featuring beer, wine, flowers, tobacco products, and tourist items(!), yet another missing niche was fulfilled with this store. While it was reported that there are over 1,000 brands of wine available for sale, what hasn’t been reported is the far more interesting twist: outdoor seating and a free plate of hors d’œuvres with every glass of wine.