Raleigh’s tallest skyscraper to break ground in Glenwood South. What’s coming.
AI-generated summary reviewed by our newsroom.
- Turnbridge Equities begins $200M Highline Glenwood project in downtown Raleigh.
- 37-story tower to include 306 market-rate apartments and 57,500 sq. ft. of retail.
- Historic Creamery site preserved; tenants and new commercial lease remain active.
The historic Creamery building in Raleigh’s bustling Glenwood South district is slated to become the city’s tallest skyscraper.
Four years after New York-based Turnbridge Equities got the green light for a massive mixed-use complex, site work has begun on the project’s first phase along Glenwood Avenue, the firm announced this week.
Formerly the Pine State Creamery plant, the two-story “Art moderne” building, built in 1928 in cream-colored brick, will remain for the most part. Only a small portion will be demolished for redevelopment, Turnbridge said.
In a nod to its past, its iconic butter churn will remain. But the building will get a lot taller with the addition of a 37-story residential tower called Highline Glenwood.
The project is expected to be complete in mid-2028. It will be Raleigh’s tallest building, said Jason Davis, managing director at Turnbridge Equities, taller than the 29-story BB&T tower, 32-story PNC Plaza tower and 36-story The Eastern in North Hills.
“Highline Glenwood will provide a true trophy-quality project,” he said in a press release.
The project’s price tag: $200 million. California-based Axos Bank financed $147 million for construction; Turnbridge provided the remainder as equity, Davis said.
Plans include 306 units, including studio, one-, two- and three-bedroom apartments. All of the units are expected to be market-rate.
Among the amenities: a sky lounge, pool, padel court, coworking spaces, fitness center, sauna and cold plunge.
It will also include 7,500 square feet of ground-floor retail space and 50,000 square feet of commercial space in the historic Creamery building.
A local landmark
The Creamery sits on 2.4 acres at 410 Glenwood Ave.
In 1997, it was listed on the National Register of Historic Places and is a Raleigh historic landmark.
Turnbridge bought the property in March 2020 for $34.7 million, The N&O previously reported.
Today, it has roughly 24,000 square feet of retail space and is fully leased, Davis said.
Existing tenants include Sullivan’s Steakhouse, Milk Bar and Pine State Public House. They’re expected to remain on site during construction. The second floor will soon be occupied by California-based tech startup BuildOps, which recently signed a lease for its third corporate office, Davis said.
The second phase, which doesn’t have a start date, includes a 20-story office tower called 404 Glenwood at The Creamery.
Across the Triangle, Turnbridge completed $10 million in renovations on the iconic Mutual Tower in downtown Durham.
The firm previously owned the Cary Towne Center mall with plans to redevelop it but sold it to Fortnite developer Epic Games in 2021. Epic Games plans to turn it into its new headquarters, but that project is now stalled.
This story was originally published July 31, 2025 at 9:52 AM.
