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Raleigh’s historic depot reimagined as ‘mixed-use destination.’ Here’s a peek.

Raleigh’s historic depot building — built in 1912 to serve Southern Railway in its heyday — will be preserved as part of a new “mixed-use destination.”

Raleigh-based LODEN Development announced plans to redevelop the landmark this week.

In a nod to the city’s industrial past, it will be rebranded The Depot on 2.3 acres at 327 W. Davie St. in the city’s Depot Historic District.

Among the offerings: an eight-story, 170-room boutique hotel (with a rooftop bar), 30,000 square feet of street-level retail, and 20,000 square feet of office space overlooking the adjacent rail corridor.

“There’s real energy in this part of the city,” said Henry Ward, partner at LODEN Development, in a release. “We see The Depot as a key connector in downtown Raleigh that links people, ideas and neighborhoods together.”

The hotel, retail and office components will rise on the existing parking lot between Davie Street and the railroad tracks.

Pedestrian pathways will crisscross the site and extend to Commerce Place. (To the southeast is the expanded Raleigh Convention Center and Red Hat Amphitheater; to the north, the Glenwood South district.)

An acre of outdoor space is also planned.

A rendering of The Depot, which is planned for 2.3 acres at 327 W. Davie St. in the Depot Historic District in Raleigh.
A rendering of The Depot, which is planned for 2.3 acres at 327 W. Davie St. in the Depot Historic District in Raleigh. LODEN Development
An aerial rendering of The Depot at 327 W. Davie St. in the Depot Historic District in Raleigh.
An aerial rendering of The Depot at 327 W. Davie St. in the Depot Historic District in Raleigh. LODEN Development

David Baker Architects and Gensler will lead architectural design.

McAdams and Site Collaborative will oversee civil engineering and landscape architecture.

Building permits are anticipated within 18 months. It’s expected to complete by 2028.

LODEN is behind several revitalization projects across the Triangle. They include Raleigh’s Gateway Plaza, The Longleaf Hotel and Moore Square redevelopment and Cary’s South Hills Mall redevelopment.

The News & Observer’s Inside Look takes readers behind the scenes to illuminate the people and places in our community.

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This story was originally published June 21, 2025 at 8:00 AM.

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Chantal Allam
The News & Observer
Chantal Allam covers real estate for the The News & Observer and The Herald-Sun. She writes about commercial and residential real estate, covering everything from deals, expansions and relocations to major trends and events. She previously covered the Triangle technology sector and has been a journalist on three continents.
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