February 19, 2007
Jack Hagel, Staff Writer
The big-building bug has come to Apex. Local entrepreneur Steve Adams says he wants to tear down a wilting two-story at 123 N. Salem St. to make way for "downtown Apex's first skyscraper."
Sure, this cloud-picker won't rival the height of the 32-story RBC Plaza being built in downtown Raleigh. It won't even climb as high as the parking deck of the 42-story Soleil Center planned next to Crabtree Valley Mall.
But at four stories, it will tower over most other buildings in the center of Apex, a western Wake town.
Preliminary plans call for a 13,548-square-foot building with seven underground parking spaces; four ground-floor retail condos ranging from 650 square feet to 950 square feet; and 3,600 square feet of office condos on the second floor.
The top two floors would consist of six two-story, loft-style residential condominiums starting in the low $200,000s.
And because of Apex's high elevation (hence the name) -- and because of the town's lack of tall buildings -- some of the the residences will feature views of Jordan Lake miles in the distance, Adams says.
It's the latest sign of renewal in the 134-year-old railroad town. There were 28,551 people living in Apex in 2005 -- almost a sixfold increase from 1990, according to census estimates. And the growth has awakened downtown Apex.
"It's not like it's just a series of antique shops, like it used to be, where you go in and see someone else's junk," Adams says. "There's some really cool, unique retail here.
"It's almost like another Glenwood South, when you consider the potential."
As Raleigh's entertainment district did years ago, Apex's downtown has sprouted art galleries, restaurants and bakeries -- even a day spa -- during the past year.
Adams himself has been part of the upswing.
In August 2005, he converted an old hardware store at 126 N. Salem St. into the Peak City Grill & Bar. He also carved offices out of the top floor.
Adams still needs town approval to start his new project. He hopes to begin building by June and to wrap up a year later.
If his $1.5 million plan is a success, he'll make a lot. But he may not have the distinction of the tallest building in the town that bills itself as "the peak of good living."
The proof is just one block over, Adams explains. The Baptist church is probably taller -- "if you count the very tip-top of the steeple."