This view from the top of the Regions Financial Building shows the site of the proposed Glenwood Place development, just inside the I-440 Beltline and Glenwood Ave. in Raleigh on Dec. 5, 2014. The proposed mixed use development would occupy 42 acres and could cost as much as $500 million to build. The building in the center is slated to be taken down. At left is Glenwood Ave. and in the distance at back left is the Crabtree Valley Holiday Inn.
This view from the top of the Regions Financial Building shows the site of the proposed Glenwood Place development, just inside the I-440 Beltline and Glenwood Ave. in Raleigh on Dec. 5, 2014. The proposed mixed use development would occupy 42 acres and could cost as much as $500 million to build. The building in the center is slated to be taken down. At left is Glenwood Ave. and in the distance at back left is the Crabtree Valley Holiday Inn. cseward@newsobserver.com
This view from the top of the Regions Financial Building shows the site of the proposed Glenwood Place development, just inside the I-440 Beltline and Glenwood Ave. in Raleigh on Dec. 5, 2014. The proposed mixed use development would occupy 42 acres and could cost as much as $500 million to build. The building in the center is slated to be taken down. At left is Glenwood Ave. and in the distance at back left is the Crabtree Valley Holiday Inn. cseward@newsobserver.com

Developers plan major redevelopment project near Raleigh's Crabtree Valley

December 05, 2014 09:00 AM